Companies
Romania To Resume CFR Marfa Sale After Talks With IMF, EU
Romania will restart privatization procedures for 51% in freight railway carrier CFR Marfa after talks to set a new privatization calendar with the International Monetary Fund and the Europe...
Carrefour Opens Two More Express Franchise Stores In Brasov
Retailer Carrefour Romania has extebnded its Express proximity store network by two more units franchised by Brasov-based retailer RostCom, reaching a countrywide network of 44 Express store...
Sebes-Turda Highway To Cost Nearly EUR1B, Double From Initial Estimates
The construction of the 70 km-long Sebes-Turda highway will cost nearly EUR1 billion, double from nearly EUR554 million estimated in summer.
Nicolae Demetriade Resigns From Tarom
Nicolae Demetriade has resigned from the position of chief executive officer (CEO) of state-run airline Tarom, and of member in the company’s Executive Board.
1,000 Leading Managers In Romanian Business
A quarter of the leading managers in the Romanian economy are foreigners and 150 top executives were either promoted or changed their job in 2013.
Trade Registry: Over 20,220 Romanian Firms Entered Insolvency In January-September.
About 1,734 Romanian firms defaulted on their debts in September 2013 and the number of insolvencies reached some 20.220 in the first nine months, up about 7% on the year, according to Trade...
HOYA Group's Vision Care Division Opens Subsidiary In Romania
HOYA Group's Vision Care Division, a key player in the global market of ophthalmic lenses, has established the subsidiary HOYA Lens Romania, the group said in a statement Monday.
PwC To Invest $60M In CEE In Next Three Years Seeking To Strengthen Lead
Audit and consulting firm PwC plans to invest $60 million in Central and Eastern Europe (CEE) in the next three years, aiming to enhance industry and specialist expertise and strengthen its...
MedLife To Hire 500, Open Four Clinics In 2014
Private medical service operator MedLife will open four large clinics in Galati, Constanta, Iasi and Craiova next year and hire 60 to 80 physicians for each of them, plus auxiliary personnel...