Companies
Romania Private Lending Extends Decline In January
The lending activity in Romania remained on a downward slope in January, as demand for loans remains subdued, despite interest rate reductions in recent months.
MOL Romania Sales Up 7% In Volume In 2013
MOL Romania, part of Hungarian group MOL, sold 503,000 tons of fuel, lubricants and liquified petroleum gas in Romania in 2013, 7% more than in 2012.
Infrastructure Works Down Again In 2013 After Two Years of Slight Growth
Infrastructure works witnessed a new decline of almost 2% last year, as the government cut investments and EU funds for roads and railways were frozen in the first half. Furthermore, it is n...
Renault Gets EU Funds To Develop Euro 6 Engines In Romania
The Auto Muntenia competitive cluster, which includes Automobile Dacia, Renault Technologie Roumanie and the University of Pitesti, is to get a grant of EUR15 million from the European Union...
Italians Own 220,000 Ha Of Farmland In Romania
Italian investors control farms operating lands with an overall area of around 220,000 hectares in Romania, namely a quarter of the total area held by foreign players in the agricultural fie...
Stem Cell Banks Vie On EUR10M Market
The stem cell sampling and storage market is likely to expand by 10%-15% this year, from EUR10 million in 2013, as 8% of women giving birth may decide to keep cord tissue for further transpl...
Deloitte: Romanian CFOs Would Rather Reshape Business Than Invest
The number one priority of most chief financial officers of companies in Romania is achieving revenue growth in current and new markets followed by cutting costs and they prefer restructurin...
New Ford Focus To Be Equipped With 1.5l EcoBoost Engine Made In Romania
The EcoBoost 1.5-liter engine made in Craiova, Romania, will equip the new Ford Focus, the U.S. carmaking giant announced Monday.
Construction Materials Producer Siceram Expects Growth, Doesn’t See Market Rebound
Construction materials producer Siceram Sighisoara posted some 60.3 million lei (EUR13.3 million) revenue in 2013, up about 3% on the previous year.