Companies
IT, Telecom, Banking And IPOs To Generate Largest Deals Of 2014
The initial public offerings of two state-run companies, Electrica and CE Oltenia, that the Economy Ministry announced, the consolidation of the banking sector and the deals in the telecom i...
GE: Romania Needs To Enhance Energy Generation Efficiency
Romania’s energy system has a solid foundation and growth must come from boosting output and consumption efficiency by generating energy as close to consumption locations as possible, says P...
Only Six Of Europe’s 20 Largest Retailers Are Present In Romania
Nine international groups, holding 12 modern retail networks overall, are still present on the Romanian market, after the departure, in recent years, of Turkey’s FIBA (with G’market stores),...
Germany’s Continental Set To Hire 1,000 People In Romania This Year
Germany’s car part producer Continental, which owns seven plants and three research centers in Romania, plans to hire 1,000 people this year, in its facilities in Timisoara, Sibiu, Iasi, Bra...
Saint-Gobain Romanian Operations Up 5% In 2013, To Over RON700M
The Romanian operations of French construction group Saint-Gobain had a turnover of more than RON700 million in 2013, up 5% on the year, and the group's operating financial results have impr...
Real Estate Magnate Dragos Dobrescu Buys Minority Stake In Romprest
Dragos Dobrescu, one of Romania’s most powerful real estate investors, got the Competition Council’s green light to enter the shareholding structure of Romprest, the professional cleaning an...
Armatura Cluj Wants To Shut Down Two Foundries, Lay Off Staff
The management board of Armatura Cluj-Napoca (ARM.RO) is requiring shareholders' approval to shut down its brass and cast iron foundries and lay off the employees.
Misu Negritoiu Proposed To Head ASF
Misu Negritoiu, chairman of ING Bank Romania, was proposed as president of Romania’s Financial Supervisory Authority ASF, Prime Minister Victor Ponta said Wednesday.
Trend Shift: Foreign Currency Credits Replaced By Leu Lending
Leu-denominated loans to individuals and companies rose in February by the equivalent of 250 million lei (EUR55 million), half the growth clip registered in January, but, despite the slower...