Companies
Romania Private Lending Falls To RON221B In October
Romanian private lending fell 1.2% in real terms to 221.02 billion lei (EUR49.72 billion) in October, from RON223.1 billion a month earlier, central bank data showed Tuesday.
Biogest Invests EUR6M In Biogas Unit In Northern Romania
Austria’s Biogest will build a biogas unit in Ardud, Satu-Mare county, northern Romania, in a EUR6 million investment financed by Banca Comerciala Romana (BCR).
Insurer Allianz-Tiriac Pays EUR1.8M Claim To Meat Processor Doly-Com
Allianz-Tiriac Asigurari paid a claim of nearly EUR1.8 million in November to Botosani-based meat processor Doly-Com SRL after the company’s warehouse in Bucharest was damaged by a fire.
Dacia Could Resume Exports To Iran
The lifting of sanctions on Iran will lead to restarting exports of CKD kits (fully disassembled cars to be assembled in the destination country) from the Dacia plant in Romania to the Renau...
Hidroelectrica Hopes To Raise EUR10.4M From Selling 14 Micro Hydropower Plants In January
Romanian state-owned hydropower generator Hidroeletrica plans to sell a lot of 14 micro hydropower plants in a public auction on January 23 and 24, 2014, hoping to raise at least RON46.2 mil...
F64 Black Friday Sales Top EUR2M
Photo and video equipment retailer F64 Studio had sales of over RON9 million (EUR2 million) during its three-day Black Friday sales campaign over the weekend, the company said Monday.
Historic Visit: Chinese PM Comes To Bucharest Today
In the longest visit to Bucharest of a head of state in the past 30 years, Chinese Prime Minister Li Keqiang, arrives in Romania today to attend a China - Central and Eastern Europe summit....
UBS-Recommended Investments For Discreet Romanian Millionaires
Keep away from government bonds because countries’ debt levels are increasingly unsustainable and allocate as much as your portfolio as possible to European and US shares with high dividend...
OMV Petrom To Start Work On Second Black Sea Well
OMV Petrom (SNP.RO), the largest company in Romania, will drill a second deep-water exploration well in the Romanian section of the Black Sea towards the end of the second quarter of next ye...