Companies
Compa Sibiu Revenues Down 9% In 2013, To RON457M
Revenues of Romanian car parts manufacturer Compa Sibiu (CMP.RO) dropped 9.1% last yera, to RON457.7 million from RON504 million the year before.
Retrasib Swings Back To Profit, Turnover Up 9% To RON43.5M
Romanian power transformers manufacturer Retrasib Sibiu (RTRA.RO) turned a profit of RON2 million last year, from a loss of RON3.1 million in 2012, and its turnover increased 9%, to RON43.5...
Romcarbon Turnover Up 5% In 2013, Profit Down 47%
Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) said Friday it's 2013 turnover increased 5%, to RON142.41 million (EUR32.2 million), from RON135.53 million in 2012.
Justice Minister: Insolvency Law To Arrive By Midyear
The new insolvency code, a law that banks and other creditors expect to make it easier for them to get their money back, while ailing companies hope it will provide them with a better framew...
THR Marea Neagra 2013 Turnover Down 7% On Year To RON28.1M
Romanian company THR Marea Neagră (EFO.RO) Thursday said its turnover fell 7% on the year to 28.1 million lei (EUR6.4 million), from RON30.3 million in 2012.
Dacia Sales In Germany Up 25.4% In January, Three Times Higher Than Overall German Market
Registrations of new Dacia cars in Germany rose 25.4% in January, to 4,012 cars, more than triple the growth of the overall German car market, which rose 7.2%, to 205,996 units.
UniCredit Tiriac Borrows $20 Million From IFC To Finance Import-Export Companies
IFC, the private lending arm of the World Bank, has extended a $20 million trade credit line to Romanian lender UniCredit Tiriac Bank, in order to channel additional financing to the bank’s...
Enea Software: Romania Can Become R&D Center For IT&C Industry
Swedish-held software producer Enea manufactures technology for Boeing aircraft, US fighter aircrafts, European satellites and Apache helicopters in Romania, company vice-president Bogdan Pu...
INS: Adjusted Construction Works Down 1.6% On Year In 2013
Romanian construction works slid 1.6% on the year in 2013, hit by a two-digit decline in new constructions, the statistics institute INS said Thursday.