Companies
Ford Close To EUR2B Revenue From Craiova Plant In 2013
Ford Romania ended 2013, its first full year of car and engine production, with almost 70,000 B-Max vehicles assembled and 250,000 engines made, sources close to the plant in Craiova said.
Highway Plan For 2014: Works Start For 400 Km, Just 60 Km Set For Delivery
The Romanian company in charge of roads and highways (CNADNR) plans to start in 2014 the building works for almost 400 km of new highways, with costs estimated at some EUR5.8 billion, accord...
eMag Sees Online Electro-IT Market Up 20% In 2014
Romania’s economy will most likely stagnate this year, but the online electro-IT market is poised for a significant growth, of more than 20%, according to Iulian Stanciu, general manager of...
Pamimai Drops Tobacco Distribution After Start Of Insolvency Procedings
Pamimai Distribution, a distribution company with revenue of 327 million lei (EUR74.3 million) in 2012, entered insolvency at its own request in 2013 after piling up debts of EUR7 million.
Nuclearelectrica Expects Its Power Output This Year To Near That Of 2013
Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) estimates it will produce 10.54 million MWh of electricity this year, 1.3% less than in 2013, the company said Tuesday.
Largest Greenfield Investments Completed Last Year In Romania
A new hydropower station, an oilfield-equipment manufacturing plant and a research and development center for the automotive industry are the three largest greenfield investments concluded i...
Honeywell Sells Business Unit Including Romanian Factory To Federal-Mogul For $155M
Honeywell is selling its Friction Materials business unit to U.S. Group Federal-Mogul for $155 million, a deal that includes a brake pad factory Honeywell opened last year in Ploiesti, Roman...
INS: Industry Producer Prices Stable In November
Romania’s industrial producer price index was flat on the month in November, but inched 0.3% lower compared with the same period of 2012, the country’s statistics institute INS said Tuesday.
Companies Worth EUR2.5B Await Parliament Decision On Stock Exchange Rules
Legislative moves with a sweeping impact on the Romanian capital market are likely to materialize in 2014, changing the fortunes for companies worth about 2.5 billion euros.