Companies
Ariston Sales Stagnate In 2013, Company Expects Larger Volumes In 2014
Sales of heating and boiler units Ariston Thermo Romania stagnated in 2013 in value and volume and the company sees a 20% rise in sales volumes for this year.
Second Leading Warsaw Bourse Broker Getting Ready For Bucharest
The largest independent brokerage firm in Poland, Ipopema Securities, might announce entry in Romania this week, market sources say.
Fifty Largest Sheep Farmers in Romania Own EUR16.5M Worth Of Sheep
The fifty largest sheep farmers in Romania own 163,000 head together or 1.8% of the total in the country. Translated into cash this means EUR16.5 million worth of sheep, according to ZF’s ca...
Olympus: Romania Lacks Schools To Train Technicians
Finding technicians (electricians, mechanics) in Romania is really difficult and there are no more schools to train young people for such trades, says Ilias Pliatsikas who runs Fabrica de La...
Banks To Collect An Additional EUR100M In Fees If Law Capping Cash Payments Passes
Banks will stand to gain an additional EUR80 million to EUR100 million in fees from people buying homes or from retailers of furniture, cars and other items that cost more than 10,000 lei (a...
Dan Sucu, Mobexpert: I’m Optimistic For The First Time In Four Years
Entrepreneur Dan Sucu, owner of Mobexpert group, the largest furniture business in Romania, says that for the first time in the past four years he is optimistic about the coming period.
Fitch Affirms City Of Bucharest At 'BBB-'; With Stable Outlook
Fitch Ratings on Friday affirmed the main ratings of Romania's capital city Bucharest at 'BBB-', with a stable outlook, reflecting a sound budgetary performance but also a large refinancing...
Romanian Authorities Should Consider Interchange Fee Cut Outcome – Visa
Romanian authorities should consider all consequences of a “drastic and sudden” cut in the interchange fees for card payments, to avoid the negative impact on the investments in payment tech...
Econ Ministry: Parker UK Considering Romania For New Hydraulic Cylinder Plant
The British arm of U.S. motion and control systems manufacturer Parker Hannifin Corp is considering opening a new production line for hydraulic cylinders and is looking to Romania as a possi...