Companies
Romania Net Investment Down 9% To RON67.8B In 2013
Romanian net investment fell 9.3% on the year to 67.86 billion lei (EUR15 billion) in 2013, on declining activity in most sectors, the country’s statistics institute INS said Wednesday.
Industry, Agriculture Fueled Romania’s GDP Growth 3.5% In 2013
An 8% increase in industrial output and a bumper harvest helped Romania’s economy grow in 2013 at the faster pace in five years, surpassing every expectations.
Largest Unprocessed Meat Exporters In Romania
Pork processor Smithfield and poultry processors Avicola Buzau (Aaylex Prod) and Avicola Crevedia (Agroli group) were in 2013 the top three exporters of unprocessed meat in Romania, accordin...
Expur Hits EUR254M In Revenue, A 7-Year High
Vegetable oil producer Expur, the domestic subsidiary of Sofiproteol, France’s largest agribusiness group, reached EUR254 million in revenue in 2013, up 14% from 2012.
Adviser On Romtelecom Sale To Get 2.1% Of Profit
The consortium comprising Swiss Capital, BT Securities and UBS Limited will get 2.085% of the state’s profit from selling its stake in major telecom operator Romtelecom, according to the con...
World Class Romania Wants To Reach 20-30 Fitness Clubs Nationwide In 4 Years
Poland’s fund Resource Partners, specialized in private equity investments in Central and Eastern Europe, negotiated for 5 months with Sweden’s World Class on the takeover of the 71% stake t...
Symmetrica 2013 Sales Up 7% At RON68.1M
Symmetrica, one of the leading players on the Romanian stone sett paving market, reported turnover of 68.1 million lei (EUR15.4 million) in 2013, up 7% from RON63.3 million a year earlier, o...
Cellini, Set To Expand On Lower Price Watch Segment
Alessandro Amato, the Italian who owns Cellini, Gucci and Paul & Shark luxury stores in Romania, wants to add new units in 2014 on the medium-price segment, under brands such as Swarovski an...
INS: Romania Industry Producer Prices Stay Flat In January
Romania’s industrial producer price index stayed flat in January, after a modest increase in December, official data showed Tuesday.