Companies
GfK: Romanians More Pessimistic About Country’s Economy At The End Of 2013
Romanians were more pessimistic in the fourth quarter of 2013 regarding the country’s economy, according to a Consumer Climate Europe survey conducted by GfK in 14 European countries.
Eurolines To Invest EUR14M This Year In Buses And New Tour Agencies
Romanian tourism group Eurolines, owned by businessman Dragos Anastasiu, will invest RON14 million this year to renew its tour bus fleet and increase its car rental fleet, develop its tour a...
Largest Leasing Companies In 2013
The affiliation of a leasing company to a major bank does not guarantee a strong position on the market, especially when bad debt affects the leasing portfolio, as well.
Industry: It’s Absurd To Pay International Prices In A Country That Has Its Own Resources
Romania’s largest industrial companies say there is no use for the country to have natural gas resources if they cannot be used for competitive production.
Cement Producers Saw Sales Decline Again In 2013
Last year brought a new decline on the Romanian cement market, which ZF values at some 600-700 million euros, as the state’s infrastructure investment slid and private investors shied away f...
Bucharest Residents’ Budget: 70% Of Money Spent On Food, Gas And Utilities
A Bucharest resident spends almost 70% of monthly income on food, utilities, rent and transportation. At the opposite end, less than 2% of the monthly budget of around 2,200 lei (about EUR50...
Agricover Credit IFN Loans Up 55% In 2013, Profit Up 8%, To EUR2.7M
Agricover Credit IFN, the financing division of Agricover group, granted loans of RON642 million (EUR145.28 million) last year, up 55% from 2012, and posted a net profit of RON12.07 million...
Alro: Government Measures Failed To Lower Energy Costs
Alro Slatina's electricity costs are very high and the measures targeted by the government to lower the burden for industrial consumers have produced no effects so far, company chairman Mari...
Fashion Retailer Takko Opens Two New Stores In Romania Thursday
German fashion retailer Takko opens two new stores in Romania Thursday, in Sfantu Gheorghe and Petrosani, near Kaufland, hypermarkets, reaching a chain of 61 stores.