Companies
Over 27,000 Companies In Romania Went Insolvent In 2013, 50% In Retail And Construction
The number of companies that entered insolvency in Romania in January-November reached 27,119, 9% more than in the same period last year, and half of them operated in retail and construction...
Dacia Sales In EU Up 31.1% In November, Lifting Renault
Sales of new Dacia cars in the European Union rose 31.1% in November to 24,600 units, raising the Romanian carmaker’s market share to 2.6%, and making its French owner Renault one of the two...
Insolvent Residential Development Alia Apartments Sells Homes For EUR11.2M
The judicial administrator of residential development Alia Apartments in Bucharest, insolvent since last year, sold apartments for EUR11.2 million at an average price of EUR228,500 per apart...
Leu Loan Cost Hits All-Time Low
The interest rate at which banks borrow lei from the money market (reflected by the three-month Robor used as reference in leu-denominated retail loan contracts) has reached a new all-time l...
How Much UK Really Stands To Gain From Romania
The UK is afraid Romanian migrants could invade its territory after January 2014, when labor market restrictions imposed to Romania workers are lifted, but too little is said about the gains...
Borsec Mineral Water Production Up 20-Fold Since 1996
Production of Borsec, the best-selling mineral water brand in Romania, has gone up 20-fold after becoming part of Romaqua Group portfolio, to 320 million liters last year.
CFR Calatori Expects Loss Of RON395M In 2013
Romanian state-owned railway passenger company CFR Calatori estimates loss of 395 million lei (EUR88.6 million) this year, 2.5-fold lower than the RON992 million loss incurred in 2012.
APIA: Romania Car Sales Down 7.2% To 62,033 Units In Jan-Nov
Romanian new passenger car sales fell 7.2% on the year to 62,033 units in the January-November period, from 66,832 units in the year-earlier months, the Automotive Manufacturers and Importer...
Cloud Research Studio Rents Office Building In Bucharest
IT&C company Cloud Research Studio (CRS) rented an entire office building of 1,300 square meter sin central-northern Bucharest, a deal brokered by ESOP Consulting.