Companies
INS: Adjusted Construction Works Inch Higher In February
Romanian construction works advanced 0.8% in February from a month earlier, fueled by higher demand for new constructions, the statistics institute INS said Wednesday.
Romania January-February Trade Gap Widens To EUR566M
Romania’s trade deficit widened 11.6% on the year to EUR566 million in the first two months, with imports rising faster than exports, the country’s statistics institute INS said Wednesday.
Parisot Buys Former Electronics Plant To Expand Furniture Production In Romania
PGS Sofa & Co controlled by Jean-Charles Parisot, grandson to Jacques Parisot, the founder of one of the largest furniture makers in France, bought an over 26,000 square meter production fac...
How Mamaia And Golden Sands Compete In Seaside Holiday Packages
A five-night stay in a seaside hotel in peak summer season costs about EUR600 in a five-star hotel in Mamaia (Palm Beach, all inclusive), while in Golden Sands, Bulgaria, it costs a little m...
Doina Cepalis Buys Botosani Plant To Expand Children’s Car Seat Production
Doina Cepalis, the Pascani entrepreneur who owns Te-Rox group of firms manufacturing children’s car seats, took over 50% in stock of Terox Bhs Impex of Botosani, where she has already starte...
Car Sales See Best First Quarter After 2012
New car registrations saw the fastest growth pace on the last three years in March, as they rose 40% compared with the year-ago month, and went up by 20% to 13,345 units in the first quarter...
Romanian Card Deals Hit EUR32B In 2013
The Romanian government has left the Parliament to discuss the details of the project aimed at capping cash payments, which is likely to give a strong boost to the card market. However, rest...
Bucharest Accounts For 70% Of Romania's Air Traffic
All the 16 international airports of Romania reported aggregated traffic of 10.7 million passengers in 2013, almost similar to previous year figures and just 6.6% more than in 2010, accordin...
Inditex Buys Garments From 100 Suppliers In Romania
Inditex, the owner of Zara brand and the world’s largest fashion retailer, has contracts with around 100 plants in Romania, with Romanian producers accounting for 25% in the group’s total nu...