Companies
GSK Romania Hiked Share Capital By EUR66.8M In December
GlaxoSmithKline’s Romanian subsidiary hiked in December its share capital by 298.2million lei (EUR66.8 million), according to the Trade Registry data.
Trade Registry: 27,000 Companies Went Belly-up In 2013
About 27,000 companies went out of business in Romania last year, up 10.4% compared with 2012, data from the Trade Registry showed Wednesday.
Euralis: Romania Leads EU by Corn and Sunseed Output, But Lags Behind By Yield
Romania ranks second in the European Union in terms of corn production and leads by sunseed output, but the yields are among the lowest in the region because of the uncertified seeds that fa...
Electric Power Price For End-Users Up 36% Between 2007 And 2013
The price of electricity at the end-user rose by over 36% between 2007 and 2013, mostly due to the green power subventions paid by end-users and the increase of distribution costs, according...
LeasePlan Romania Seeks To Raise Managed Car Fleet To 10,000 This Year, Up 10%
Car leasing company LeasePlan Romania estimates it will reach 10,000 managed vehicles this year, nearly 10% more than in 2013 when it exceeded its target of 8,400 cars and reached 9,100 unit...
Fabryo Corporation And Atlas Paints Complete Merger
Shareholders of the paint and lacquer manufacturer Fabryo Corporation - Atlas Paints group, set up early 2013, have decided to merge the two entities into a single company, Fabryo Corporatio...
ProCredit To Lend EUR40 Million To SMEs Via JEREMIE Program
ProCredit Bank plans to grant to small and medium-sized enterprises loans totaling EUR40 million via the Joint European Resources for Micro to Medium Enterprises (JEREMIE), based on a EUR20...
Furniture Maker Cotta Arad 2013 Sales Hit EUR47M; 2014 Output Fully Contracted
Romanian furniture maker Cotta International Arad had sales of EUR47 million last year, up 17.5%, and this year's output has already been contracted and 95% of it will be exported.
Carpatcement Plans To Invest Around EUR15M In Romania This Year
Cement producer Carpatcement Holding, part of German group HeidelbergCement, plans to invest around EUR15 million this year in energy efficiency, environmental projects and staff development...