Companies
Business Outlook: Romanian Executives Expect Growth In All Economic Sectors In 2Q
Romanian executives estimate the activity in all economic sectors to increase in the March-May period compared with the previous three months, the statistics institute INS said in a survey F...
INS: Housing Permits Up 39% On Month To 2,187 In February
Romanian housing permits rose 39% to 2,187 units in February from 1,573 units a month earlier, the country’s statistics institute INS said Friday.
Kingfisher Injects A Further EUR21.5M Into Bricostore Network
UK group Kingfisher, which in 2013 took over the Romanian DIY network of Bricostore, in February operated several capital raise operations in the wake of which it injected around EUR21.5 mil...
China's ZTE To Open Services Center In Romania By End-September
Chinese group ZTE, one of the world’s largest telecom equipment producers, will open a services center in a city in western Romania by end-September.
Romanian Lenders See Improvement In Liquidated Asset Sales
Banks see improvement in asset liquidation sales and support company restructuring outside of insolvency procedures, which they consider simpler and less costly than insolvency.
BNR Deputy Gov: Rates On Leu-Denominated Loans To Further Decline
Interest rates on leu-denominated loans are expected to continue their decline in the coming months, provided the economic fundamentals remain unchanged, Romanian central bank’s deputy gover...
CITR: Around 3,200 Major Businesses In Romania Heading For Imminent Insolvency
Less than 3% of all active businesses in Romania (less than 20,000) have turnovers of more than EUR1 million and a decisive role in the Romanian economy, and 3,200 of them are insolvent but...
Alumil Proposes Paying Out RON20M As Dividends
Romanian aluminum processor Alumil Rom Industry (ALU.RO) proposes the payment of dividends for the first time in four years, totaling 20 million lei (EUR4.5 million) from the previous years’...
H&M Sales In Romania Up One Third In First Fiscal Quarter
Sales of Swedish clothing retailer Hennes & Mauritz (H&M) in Romania increased 32% in the first fiscal quarter of 2014 (December 2013 - February 2014) to SEK248 million (EUR27.84 million).