Companies
Gafita, Romelectro: We’re Expanding To Northern Africa And Middle East
The year 2014 could mean the return to contracts abroad for Romelectro Bucuresti, one of Romania’s leading general contractors for the energy industry, after having spent a decade focusing o...
Four Out Of Top Ten Banks In Romania Gained Market Share In 2013
Lending market shrank by almost 5% in 2013, but Banca Transilvania (TLV.RO), UniCredit, Raiffeisen and ING continued to boost portfolios, while the leaders of the banking system, BCR and BRD...
Low Wages And Closeness To The West Turn Bihor Into Shoemakers’ County
Romania's western county of Bihor has in the past decade become shoemakers’ land as dozens of large footwear producers have crowded in, hiring around 17,000 people, more than one third of to...
CE Oltenia Set To Diversify Energy Production
Energy holding CE Oltenia, Romania’s biggest thermal power producer, is poised to generate 25% more energy this year compared to 2013, the weakest year in the company’s history.
Two Romanian Brands Battle RedBull And Burn On EUR90M Energy Drink Market
The energy drink segment, which doubled its value in 2005-2010 and faltered starting 2011, is likely to return to growth this year after several years of stagnation, shows a ZF survey based...
Leroy Merlin Romania Raises Share Capital By EUR10M, Likely To Invest In New Store
French group Adeo raised the share capital of DIY retailer Leroy Merlin Bricolaj Romania by EUR10 million in January and will most likely use the funds for a new store.
L’Oreal Plans Strong Growth On The Romanian Market
Gilles Antoine, appointed to run L’Oreal Romania two years ago, says that after bringing the business back to an upward trend, he wants it to become leader of the domestic market and exceed...
Stress Costs Romanians EUR12M A Year
“Stress is part of life. The problem is how you cope with it. There is a level of positive stress, generating good, motivational pressure, but there are problems when a high level of stress...
Strongest Real Estate Players In Romania, EUR315M In Revenue In 2013
Seven real estate groups, three of which are Romanian-held, in 2013 generated revenue of almost EUR315 million from operating the malls or office buildings they own, up 12.3% year-on-year, a...