Companies
Logan To Overshoot 1 Million Cars Sold Mark This Year
Carmaker Renault expects production of the entry range, which includes the models built on the Logan platform, to exceed one million units for the first time or a third of the total cars mad...
Biggest Office Space Transactions In January-September
The best news for the office space market in Bucharest came from Deutsche Bank, Honeywell, Vodafone and TeamNet, which rented new space in view of expansion and hiring 200-300 people each.
Consultants’ Valuation Of Romgaz IPO Wrong, Says ASF Head
The arrangers of the sale of 15% in Romgaz (Goldman Sachs, Erste, Raiffeisen and BCR) put their own interests before the seller’s, the Romanian government, which hired them and paid them to...
Lack Of Industrial Projects Keeps Sales Of Metal Profiles From Growing
The lack of new investment in industrial projects could not be offset by small residential projects, which use small roofing of wall profiles, therefore companies in the metal profile sector...
Biofarm To Double Production Capacity, Seeks To Develop Exports
Romanian pharmaceutical company Biofarm (BIO.RO) will double its production capacity and will enter new therapy areas with its relocation to a new plant in 2015, and plans to focus on develo...
State-Run Companies To Contribute 85% Of Profit To State Budget In 2014
Romanian state companies will continue to contribute 85% of their profit to the state budget in 2014, Minister-delegate for Energy Constantin Nita said Friday.
Tourist Arrivals In Romania Up 2.7% On Year In September
Arrivals at Romanian tourism accommodation establishments rose 2.7% in September from the year-earlier month, while overnight staying increased 2.8% on the year, data from the statistics ins...
Deutsche Bank To Hire 250 Software Engineers For Bucharest Center By March
Germany’s largest bank Deutsche Bank, which has a representative office in Bucharest, will develop a technology center in this country. The center will employ 500 people who will work for th...
Rompetrol’s Rominserv Gets $8M Contract To Consult On Kazakh Refinery Upgrade
Rominserv, the general contractor of Romania’s second-largest oil group Rompetrol, has been awarded a $8 million contract for consultancy services until the end of 2015 on the upgrade of a K...