Companies
100 Largest Companies Going Insolvent In Past Year Had RON13B In Revenue And RON1.3B Losses
Top Brands Distribution (TBD), a top player in the consumer goods industry, entered insolvency in March, thus raising the number of companies with revenues of more than EUR100 million that h...
Cocor Expects RON0.5M Profit In 2014
Shopping center operator Cocor Bucuresti (COCR.RO) expects a net profit of RON512,000 this year, much lower than last year's net earnings of RON13.2 million, when it recovered from losing RO...
CFR SA Gets New Interim General Manager
The interim management of Romanian state-owned railway company CFR SA has been taken over by Macarie Alexandru Moldovan, deputy general manager of the company's technical division, replacing...
IMF: Romania Must Apply Strong Measures To Offset Fuel Tax Exemption
Romania’s planned exemption on its recently introduced excise tax on fuels must be compensated by “strong measures” that will offset the resulting fiscal gap, an official with the Internatio...
A&D Pharma Group Turnover Topped EUR1B In 2013
Pharmaceutical group A&D Pharma had a turnover of RON4.7 billion (EUR1.07 billion) in 2013, up 6.7% on the year, as its distribution division Mediplus and Sensiblu drugstores had higher sale...
Carrefour Romania To Launch Supeco Discount Format
Carrefour is preparing to launch its Supeco store format, a cash&carry meets discount store concept it has only launched in Spain so far.
Tourist Arrivals In Romania Up 8.3% On Year In February
Arrivals at Romanian tourism accommodation establishments rose 8.3% in February from the year-earlier month, while overnight staying increased 11.5% on the year, data from the statistics ins...
INS: Romania Unemployment Rate Slightly Down To 7.2% In February
Romania's unemployment rate declined slightly to 7.2% in February compared with 7.3% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday.
Only 3.2% Of Romania’s Hotel Rooms Are Rated Five Stars
Only 3.2% of the rooms in the hotels in Romania are rated five stars, half of which are in Bucharest, according to a ZF analysis based on the data supplied by the Tourism Ministry. Many big...