Companies
Micula Brothers Win Legal Battle Against Romania Over Unpaid Fiscal Incentives
Romanian entrepreneurs Ioan and Viorel Micula, owners of European Food&Drinks group, have won their legal dispute with the Romanian state regarding the cancellation of a series of fiscal inc...
BNR: Romania FDI Down 8.2% On Year To EUR1.8B In January-October
Romanian foreign direct investment, or FDI, fell 8.2% on the year to EUR1.81 billion in the January-October period, the central bank said Friday.
Saint-Gobain: Plasterboard Market Could See 7%-8% Decline In 2013
The difficulties affecting the Romanian economy and the construction sector made an impact on the plasterboard business, as well, which could see a 7% to 8% decline this year, according to R...
Govt Spent Over EUR430M On Clunkers Program, Boosted Used Car Stock Instead
This year will see the second highest level of used car imports in a decade, 225,000 units, and the average age of the car stock in the country is rising towards 14 years compared with 11 in...
Dunca Expeditii Expects High Single Digit Growth In 2014
Dunca Expeditii, one of the largest road freight carriers in Romania, forecasts a growth of 5% to 10% in revenue next year, as a result of the fleet expansion in 2013, owner Romeo Dunca told...
Romanian Brands Become Market Leaders In Less Than 20 Years
Romanian brands such as Mobexpert, Altex and AdePlast have managed to become no. 1 on their respective markets and boast turnovers of hundreds of millions of euros, although they were built...
Cristian Nacu: Entrepreneurs Must Understand That Lack Of Buyers Means Price Is Too High
Cristian Nacu, partner of private equity firm Enterprise Investors, says entrepreneurs generally overvalue their companies especially when their competitors are facing difficulties and regis...
Profi Opens Four New Stores In Romania Thursday
Discount retailer Profi opened Thursday four new stores in Romania, in the towns of Botosani, Busteni, Salonta, and Sfantu Gheorghe, reaching a countrywide network of 204 units.
Romanian Mobile Payment Market Seen At EUR10M/Year
The Romanian mobile payment market is estimated at about EUR10 million a year and at least one third of Romanians use mobile payment services, according to marketing company Breeze Mobile.