Companies
How Did Romania’s Largest Energy Producer End Up Insolvent Twice?
Hidroelectrica, Romania’s largest power generator, is again undergoing insolvency, for the second time in less than a year, and market sources say its stock market listing is almost impossib...
Former Site Of Heineken Brewery To Host Offices And A Hypermarket
Heineken Romania sold the former Grivita brewery in downtown Bucharest, at the end of 2013, to a group of real estate investors, among whom Ionut Dumitrescu, the founder of real estate consu...
Fiscal Instability Drove Cigarette Smuggling Up To 16% In January, Highest Level In Two And Half Years
The cigarette black market in Romania rose to nearly 16% in January, the highest level in two and a half years, according to Novel Research, mainly due to fiscal instability and the reorgani...
Importer Of HiPP Baby Food And Haagen-Dazs Ice-Cream, EUR7.5M In Revenue In 2013
Maresi Foodbroker, the domestic subsidiary of the Austrian company of the same name, part of Vivatis holding, expects one-digit revenue growth this year and is thus likely to go beyond the 3...
20 Biggest Contracts Awarded By CNADNR In 2009-2013 Worth EUR1.9B
The biggest 20 infrastructure contracts signed by CNADNR in 2009-2013 amount to about EUR1.9 billion, ZF has calculated based on the data provided by the company over the years and electroni...
Strabag Romania's Revenue Drop 13% In 2013, To EUR322M
Austrian-held Strabag group, which built several highway sections between Deva and Sibiu, as well as the tallest office building of Bucharest, Sky Tower, ended 2013 with revenue of EUR322 mi...
Confind Campina Set To Take Diversification Further
Confind company of Campina (Prahova), a producer of oil industry equipment and installations controlled by businessman Ioan Simion, acquired 240 hectares of farmland and wants to continue pu...
Romanian Footwear Producer Denis Opens 10 Stores This Year, Targets 15% Growth In Turnover
Romanian footwear producer and retailer Denis, based in Suceava, wants to open ten more stores this year in Romania and abroad and targets a 10-15% growth in turnover, to Over EUR10 million.
Romania’s Factoring Market Fell More Than 5% In 2013, To EUR2.72B
Romania’s factoring market reached EUR2.72 billion in 2013, down 5- 6% from 2012, with external factoring operations seeing a slight increase and internal factoring operations witnessing a d...