Companies
Rewe, Another 140 Stores In Romania By 2020
Rewe Romania, the company that operates discount store chains Penny Market and XXL Mega Discount in Romania, wants to double its store network by 2020. Thus, the company is poised to open 20...
Telecom Revolution: In-Network And Out-Of-Network Call Gap, Wiped Out
The 70% cut, starting April 1, in interconnection tariffs brings in-network and out-of-network call costs to the same level. Telecom companies in Romania should make calls cheaper, but they...
Romania’s Grain Output Rose Almost 64% On Year In 2013
Cereal output rose 63.9% in 2013 in Romania which, although ranked among the largest corn and wheat producers in the European Union, places near bottom in terms of yields per hectare, the co...
Vrancart Bets On 5% Revenue Growth In 2014
Vrancart Adjud (VNC.RO), a major paper and cardboard maker in Romania, controlled by SIF Banat-Crisana (SIF1.RO), estimates revenue of 194 million lei (EUR43 million) for 2014, up 5.5% from...
Alstom Wants To Supply Trains For Planned Bucharest Subway Line 5
French group Alstom, which has handled maintenance works for the Bucharest subway since 2003, plans to get involved in the Drumul Taberei-Pantelimon subway project by delivering 43 trains, i...
Ranking of Listed Companies’ Dividends, Dominated by Energy Champions in 2014
In April, shareholders are expected to approve the payment of dividends totally worth 3.84 billion lei (over EUR850 million) from profits reported by Bucharest-listed companies for 2013. Fiv...
Praktiker And Bricostore Challenge Dedeman's Position With New Shareholders
Bacau-based Dedeman has in the past five years had a lot of room for maneuver on the DIY market, where it has operated almost alone: it has opened 25 new stores and bolstered revenue by 140%...
Musette Wants Stores In London, Berlin Or Munich
Musette, the shoe and leather bag maker controlled by Batlan family, with 19 stores in Romania and another nine abroad, ended 2013 with revenue of 47 million lei (EUR10.7 million), up 22% on...
Radisson Blu Hotel In Bucharest Has New General Manager
The Radisson Blu hotel in Bucharest has a new general manager, Bert Fol, former manager of a luxury hotel in Moscow, replacing Yilmaz Yildirimlar, who was promoted as regional manager of Par...