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Foreign Real Estate Developers Injected EUR215M In Their Romanian Subsidiaries In Jan-Sept
Real Estate

Foreign Real Estate Developers Injected EUR215M In Their Romanian Subsidiaries In Jan-Sept

Foreign real estate developers increased the capital of their Romanian subsidiaries by EUR215 million in the first nine months of the year, compared to EUR200 million in the similar interval...

Ioana Tudor · 29.10.2013 · 14:07 · 1 min
Romania Falls One Spot In World Bank’s Doing Business 2014 Report
Macroeconomics

Romania Falls One Spot In World Bank’s Doing Business 2014 Report

Romania fell one spot and is ranked 73rd in the World Bank’s Doing Business 2014 report, which analyzes the ease of running a business in 189 countries.

Ioana Tudor · 29.10.2013 · 11:43 · 2 min
Which Companies Got The Most Money Last Year From Contracts Financed With Public Money
Companies

Which Companies Got The Most Money Last Year From Contracts Financed With Public Money

Contracting authorities last year awarded contracts worth a total of EUR15 billion through the electronic public procurement system (SEAP) - 103,911 contracts granted to a total of 9,268 com...

Tudor Ioana Raluca · 29.10.2013 · 07:52 · 2 min
Foreign Insurers Contributed EUR120M To The Capital Of Romanian Subsidiaries This Year
Banks-Insurance

Foreign Insurers Contributed EUR120M To The Capital Of Romanian Subsidiaries This Year

Insurance companies held by foreign groups received capital injections of EUR117 million since the beginning of this year, according to aggregate data from the Trade Registry. The bulk of th...

Oana Gavrila · 29.10.2013 · 00:00 · 3 min
P&G Romania Boss: Private Labels Only Ones Going Strong
Companies

P&G Romania Boss: Private Labels Only Ones Going Strong

On a fast moving consumer goods market that is progressing in small steps (below 5%), the private label products developed by retailers are the only ones to see significant growth, says Hans...

Oana Gavrila · 29.10.2013 · 00:00 · 3 min
Ford Halts Engine Production In Romania, Resumes B-Max Assembly On November 20
Automotive

Ford Halts Engine Production In Romania, Resumes B-Max Assembly On November 20

U.S. carmaker Ford will halt its engine production in Craiova, southern Romania, for eight days in November, while the assembly of the B-Max, currently on hold, will be resumed around Novemb...

Oana Gavrila · 28.10.2013 · 20:01 · 1 min
Transport Ministry Raises CFR Calatori Share Capital By RON400M To Pay Off Debts To CFR SA
Companies

Transport Ministry Raises CFR Calatori Share Capital By RON400M To Pay Off Debts To CFR SA

The Transport Ministry will raise the share capital of passenger railway company CFR Calatori by RON400 million, to pay off debts on the use of railway infrastructure to CFR SA, which in tur...

Oana Gavrila · 28.10.2013 · 18:52 · 1 min
Hidroelectrica Appoints Two New Managing Board Members, Extends Terms Until December
Energy

Hidroelectrica Appoints Two New Managing Board Members, Extends Terms Until December

The supervisory board of state-owned hydropower plant Hidroelectrica has appointed two new members in the company’s managing board and extended the five board members’ terms until December.

Oana Gavrila · 28.10.2013 · 18:17 · 1 min
Bucharest Airport Company Revenues Up 7.5% In January-September
Companies

Bucharest Airport Company Revenues Up 7.5% In January-September

The Bucharest National Airport Company posted revenues of RON488 million in the first nine months of the year, up 7.5% from the same period in 2012, and carried a total 5.86 million passenge...

Oana Gavrila · 28.10.2013 · 16:19 · 1 min