Companies
Euroweb Romania 2013 Turnover Up 14%, To EUR9.27M
Telecom operator Euroweb Romania posted a turnover of EUR9.27 million in 2013, up 14% on the year, as its client numbers increased 6%, the company said Tuesday.
Government To Limit Inter-Bank Fees For Card Payments
Romanian government will restrict inter-bank fees that the card issuer charges from the bank whose terminals are used for payments to retailers, to 0.2% for debit cards and 0.3% for credit c...
Agricola Bacau Sales Up 8% In 2013, To RON300M
Romanian Agricola Bacau Sales Up 8% In 2013, To RON300MRomanian agri-food group Agricola Bacau on Tuesday said its sales rose 8% in value in 2013, to 300 million lei (EUR66.2 million), while...
Romanian Antitrust Watchdog Looks Into Local Car Insurance Market
Romania’s antitrust watchdog has started an investigation into the local car insurance market.
Cemacon’s Main Shareholders Buy 11% Stake In Takeover Bid
The largest shareholders of Romanian brick maker Cemacon (CEON.RO)--investment fund KJK Fund SICAV-SIF, brokerage firm SSIF Broker (BRK.RO) and consulting firm Andrei&Andrei Consultanta--bou...
Holcim Romania To Have New CEO Starting February 1
French François Pétry will take over as Chief Executive Officer of Holcim Romania, a unit of Swiss-based building materials maker Holcim, starting February 1, 2014, the company said in a sta...
Business Outlook: Executives See Decline In Most Economic Sectors In 1Q
Romanian executives estimate the activity in retail, services and the construction sectors will decline in the first quarter of 2014 compared with the previous three months, the statistics i...
Swiss Home Appliances Component Maker Jaeggi Builds EUR20M Plant Near Sibiu
Swiss home appliances component manufacturer Jaeggi Industries is to invest about EUR20 million in a production facility in Cristian, Sibiu County, central Romania and create more than 130 j...
Private Pension Funds May Invest Up EUR500M In Public Offerings And Bonds
Private pension funds in Romania will have around EUR500 million in the next two years to invest in public offerings and corporate bonds, Raluca Tintoiu, general manager of ING Pensii, said...