Companies
Wine Makers Readying For Market Growth
Sales of wine in Romania could rise in 2014, while exports of local winemakers are expected to increase as the largest producers of the world, France and Italy, reported poor harvests last y...
Arad Plant Exports Electric Model Trains To 42 Countries
German-held Modelleisenbahn company, one of the world’s largest producers of electric model trains, manufactures in Arad 120,000 model locomotives and carriages each year in a plant opened i...
Romania M&A Market Seen Rising Slightly In 2014 - Report
Romania’s mergers and acquisitions market is expected to increase moderately in 2014, from around EUR1.18 billion a year earlier, according to a survey from law firm CMS and DealWatch.
Green Power Support Might Be Lowered Again - RWEA Head
Three senators of the Social Democratic Party filed a proposition to amend the Renewable Energy Law, cutting the maximum value of green certificates from EUR55 to EUR30, Ionel David, CEO of...
London, Paris, Rome See Highest Airline Competition
London, Paris and Rome are the destinations with the highest competition among airlines in Romania, with at least four airlines offering flights to those cities. Vienna, on the other hand, i...
Poiana Brasov Hotels Bring Rising Revenue To George Copos
The three hotels owned by businessman George Copos in Romanian ski resort Poiana Brasov last year generated overall revenue of EUR3.65 million, up 9% year-on-year.
Number And Value Of M&A Deals Set To Rise In 2014
Mergers & acquisition consultants are upbeat about a rebound of the Romanian M&A market, and the most dynamic sector will be financial services, which has stood out starting as early as 2013...
BCR Cuts Rates On Leu-Denominated Loans
Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), on Monday lowered by up to one percentage point its interest rates on leu-denominated mortgage and consumer loans...
BRD To Lend EUR20 Million To SMEs Via JEREMIE Program
Romanian lender BRD-Groupe Societe Generale (BRD.RO) will grant loans totaling EUR20 million to small and medium-sized enterprises based on a loan agreement signed with the European Investme...