Companies
Equipment And Service Providers Pin Hopes On Energy Efficiency And Infrastructure For Growth
The need for investments in energy efficiency and the hope that the old infrastructure will be replaced some day are about the only chances of growth left for providers of equipment and serv...
Romanian Producers: We Have To Be Present Everywhere, Both In Modern And Traditional Retail
Domestic producers state international retail chains are putting high pressure on shelf prices and are also levying a series of taxes such as the shelf or marketing ones, and all of this is...
Study: Engineers, Bank Managers In Romania Paid More Than Peers In Hungary, Czech Republic
The highest-paying jobs in Romania are in the sectors of engineering and manufacturing (at most EUR30,000/year), banking and financial services (EUR67,000/year), accounting and insurance (EU...
Cosmote Romania Revenues Rise To EUR123M In 4Q/2013
Mobile telephony operator Cosmote Romania, a unit of Greek telecom company OTE, posted an 8.1% annual increase in its fourth-quarter revenues to EUR122.9 million, reflecting higher sales on...
Alro Plans To Shut Down Several Facilities, Cut Jobs
Romanian aluminum company Alro Slatina (ALR.RO) will prepare a plan to shut down part of its production facilities, in an attempt to reduce costs, which could result in a significant number...
Basescu Signs Memorandum For IMF Deal
Romanian President Traian Basescu Wednesday said he approved the memorandum concerning a EUR4 billion loan program with the International Monetary Fund (IMF) and the European Union (EU).
Tender’s Airline To Fly From Tulcea Airport
TEN Airways, controlled by businessman Ovidiu Tender, is set to enter the airline market with regular flights under the Fly Romania brand.
Romania To Get EUR350M At Best For Romtelecom Stake, MP Says
Romanian government will get EUR350 million at best for its 46% stake in Romtelecom that it put up for sale last year, deputy Mircea Cazan, member of the IT&C Committee of the Chamber of Dep...
INS: Romania Housing Construction Down 6% In 2013
Romanian housing construction fell 5.8% to 40,071 units in 2013, from 42,566 in the previous year, official data showed Wednesday.