Companies
UK-Romania Trade Growth Rate At 16% - British Ambassador
UK Ambassador to Romania Martin Harris stated that the annual trade growth rate between Romania and the UK stands at 16%, which is a significant level in times of recession.
Foreign Investments Rise 35.6% To EUR282M In January-February
Romanian foreign direct investment, or FDI, rose 35.6% on the year to EUR282 million in the first two months of the year, the central bank said Friday.
Hidroelectrica Closes RON120M Credit Line From Banca Transilvania
Romanian insolvent power producer Hidroelectrica has closed a RON120 million short-term credit line from Banca Transilvania, which was due on April 11, 2014, the company said in a press rele...
Sortilemn Sees Revenue Up To EUR35M
Sortilemn, a furniture manufacturer based in Gherla, Cluj County (NW Romania), and one of the most important Romanian suppliers of IKEA, posted EUR35 million revenue last year, an increase o...
Contracts With McDonald’s And Petrom Drove Havi Logistics To Over RON500M In Revenue
Havi Logistics, a major player on the Romanian logistics market after signing a contract with OMV Petrom Marketing in 2012, last year went beyond the 500 million lei mark (EUR113 million) in...
Auchan Completes Real Hypermarket Rebranding
Auchan group finalized the refitting of the 20 Real stores it officially took over at the end of last July after it got the Competition Council’s ok. The French group invested around EUR40 m...
Romania Ranks Second In CEE By Insolvency Rate Among Active Businesses
Romania registered in 2013 the second highest insolvency rate, of 6.44%, among active businesses in Central and Eastern Europe (CEE), according to rating agency Coface.
Romania’s Stake In Romtelecom Valued Between EUR300M And EUR600M – Minister
The stake owned by the Romanian state in telecom operator Romtelecom is worth between EUR300 million and EUR600 million, minister for Information Society Razvan Cotovelea told ZF Mobilio '14...
Romania Could Expect Bids For Posta Romana In June-August - Minister
Romania will resume the privatization process of its postal operator Posta Romana once the European Commission accepts a conversion of the company’s debt into shares and bids may be expected...