Companies
Romania, A Profit “Oasis” For Cement Multinationals
Cement giants Holcim (Switzerland) and Lafarge (France), which have recently announced they would tie up, generated together revenue of EUR4.3 billion and net profits of over EUR930 million...
Emirates, With 688 Employees In Romania, Starts New Recruitment Phase
Emirates, headquartered in Dubai, designated as the airline of 2013, is the foreign-held airline boasting the highest number of Romanian employees, according to market data, and is now ready...
Asirom Switched To RON235.5M Loss In 2013, Underwritings Dropped 8.8%
Romanian insurer Asirom posted a RON235.5 million loss in 2013, from a net profit of RON14.9 million in 2012, and underwritings dropped 8.8%, to RON544.1 million, according to the insurer's...
Former Grivita Brewery Land In Bucharest To Host EUR40M Real Estate Development
Kiseleff Development, owned by several Romanian investors, will assign EUR40 million for the construction of an office building and a shopping center on the site of the former Grivita brewer...
Hidroelectrica Hires Former Vimetco IT Manager
Remus Borza, head of Euro Insol, judicial administrator for Romania's insolvent power producer Hidroelectrica has appointed an IT manager for Hidroelectrica recruited from Russian group Vime...
Transavia Banks On Domestic Market For Growth
In a period when many Romanian entrepreneurs have looked abroad to protect their businesses, Ioan Popa, owner of group Transavia, says the domestic market is the basis for growth.
Wine Producers Expect Bumper Easter in 2014
Wine producers expect higher sales this Easter against the same period of last year, with the most upbeat estimates indicating growth by as much as 15%, supported by red wines which have bee...
A Romanian Executive’s Revolt Against Food Imports
The Romanian government and companies need to reshuffle their domestic product promotion policy, following models already implemented by other European countries, says Catalin Olteanu, gener...
Mihai Radulescu, Former Partner At Schoenherr, Founds New Firm
Mihai Radulescu, a former lawyer with Schoenherr, has managed a rapid expansion of a new law firm, which was set up less than one year ago, and it already numbers 20 lawyers.