Companies
Monsanto Completes EUR27M Investment In Seed Plant
U.S. Monsanto, the world’s largest genetically modified seeds producer, has completed a EUR27 million investment in its seed processing and conditioning plant in Sinesti, Ialomita County, 30...
GDF SUEZ Energy Romania CEO: GDP Needs To Grow Before Gas Consumption Rises
Eric Stab, chairman and chief executive officer of GDF SUEZ Energy Romania, the largest local gas distribution company, says the country’s gross domestic product should increase by at least...
Romania, IMF Agree On Main Economic Indicators For 2014 - Sources
Romania and the International Monetary Fund have reached an agreement regarding the country’s main macroeconomic indicators for 2014, including an estimated economic growth of 2.1% and a bud...
Dacia Sales In France Up 7.6% In January-October Amid Declining Auto Market
Dacia registrations in France increased 7.6% in January-October, to 72,550 units, while the French auto market saw a 7.4% decline, even though it is on a comeback trend, with growth in Octob...
Posta Romana Expects Profit Of RON100M In 2014
Romanian state-run postal company Posta Romana expects profit of 100 million lei (EUR23 million) in 2014, when it will also enter the insurance brokerage market, Ion Smeeianu, the general ma...
Romania Retail Sales Fall Slightly In September
Romanian adjusted retail sales inched down 0.1% on the month in September, due to lower sales of food, drink and tobacco products, the country’s statistics institute INS said Monday.
INS: Romania Industry Producer Prices Up 0.2% On Month In September
Romania’s industrial producer price index inched 0.2% higher in September, helped by increases in most sectors, after a 0.2% decline a month earlier, the country’s statistics institute INS s...
Howard Johnson Asks For Downgrade To Four Stars
The Howard Johnson hotel in Bucharesthas asked to be downgraded from five to four stars in order to be able to host events organized by pharmaceutical companies. The latter decided last year...
Tetik, BT: We Have No Skeletons In Our Closet. The Only Thing To Come Out Will Be Better Results
Banca Transilvania (TLV.RO), the Romanian bank that has gained around 2.5% of market share since the beginning of the crisis, has no skeletons in its closet, says Omer Tetik, the bank’s CEO....