Companies
Nita: Shareholders To Decide On AGRI Project This Year
Shareholders of gas route project Azerbaijan-Georgia-Romania Interconnector (AGRI) would have a meeting this year to decide whether they continue the investment or not, Romanian Minister Del...
November Industrial New Orders -10.2% On Month, +2.2% On Year
Romanian industrial new orders fell 10.2% on the month in November 2013, due to lower demand in most sectors, but were higher than in the same period a year before, the statistics institute...
INS: Industrial Sales Down 3.4% On Month In November 2013
Romanian industrial sales fell 3.4% in November 2013 from the previous month, but were up 2.5% compared with the year-earlier period, the country’s statistics institute INS said Thursday.
Romania Trade Deficit Narrows To EUR5.2B In Jan-Nov ‘13
Romania’s trade deficit narrowed to EUR5.2 billion in the first eleven months of 2013, as exports rose faster than imports, official data showed Thursday.
Oracle Starts Biggest Relocation Of The Year On Bucharest’s Office Space Market
Oracle has started relocation and consolidation of its local operations in the Floreasca Park complex in northern Bucharest, the biggest move on the office space market of Bucharest, ZF has...
BASF Relies On Automotive And Agriculture Sectors For Growth In Romania
The main problems BASF identified in Romania last year were the low amount of cash available and the increasingly low number of new projects, says Luminita Teodorescu, the executive who runs...
Cerealcom Owner Wants To Compete With International Grain Traders On Equal Footing
Mihai Anghel, owner of agribusiness group Cerealcom, says he wants it to become the first Romanian producer to compete with international traders on equal footing in international grain tend...
Austria’s Egger Invests EUR35M In Romania Biomass Power Station
Wood processor Egger finished works for the largest biomass station in Romania, an 83-megawatt project worth EUR35 million, set to generate heat and power for the company based in Radauti (S...
BNR Still Has Room To Ease Monetary Policy, Governor Says
The Romanian central bank still has room to ease the monetary policy, as the minimum reserve requirements and the key rate are rather high compared with the other countries in the region, go...