Companies
Arctic Invests EUR24M In New Refrigerator Production Line
Household appliance maker Arctic, part of Turkish group Arcelik, opened a new refrigerator production line Thursday at its plant in Gaesti, in Dambovita county, southern Romania, following a...
Hochland Romania Gets New General Manager As Of November 1
Hochland Romania’s deputy general manager Sorin Timus will take over as general manager Friday, replacing Sergiu Mititelu, who was general manager for the past seven years, the company said...
Bucharest Subway Transport Fares To Increase 25%-33%
Subway pass prices will increase 25%-33%, according to a bill published by the Transport Ministry.
INS: Romania Unemployment Rate Flat At 7.5% In September
Romania's unemployment rate was stable at 7.5% in September compared with the previous month, but up from 6.9% in September 2012, seasonally adjusted data from the statistics institute INS s...
Coca-Cola CEO: Romania To Turn Into Regional Export Hub
Coca-Cola’s plant in Ploiesti, Romania, will turn into a regional hub supplying products to six markets in the region, said Muhtar Kent, chief executive officer of the US group who was there...
Unilever: Detergent Market Is EUR190M In Romania
Romanians spend EUR190 million a year on laundry detergents, a yet underdeveloped market.
Romania Got Just 25-30% Of Estimated Revenue From Additional Tax On Gas Producers
Romania has collected only 25-30% of what it estimated at the beginning of the year it would get from companies gaining additional revenue from the liberalization of gas prices, Finance Mini...
Euroins Romania Wants To Raise Share Capital By RON20M, To RON138.5M
Insurer Euroins Romania plans to raise its share capital by RON20 million, to RON138.5 million, by shareholders’ cash contributions, and the proposition will be discussed in a meeting on Nov...
Romania Economic Sentiment Slumps in October
Investor sentiment regarding the outlook of the Romanian economy worsened in October, dropping by 2.6 points, the biggest decline across the European Union, amid a negative outlook on servic...