Companies
AdePlast IPO Ends Unsuccessfully
The initial public offering of 33% in Romanian building materials producer AdePlast has ended unsuccessfully as investors subscribed less than 70% of the shares available for sale, the broke...
The EUR2B Investments That Changed The Face Of Bucharest
The opening of the Promenada mall in northern Bucharest scheduled for Thursday marks the completion of a EUR300 million investment in the Floreasca City development, one of the largest in Bu...
Netherlands, Austria, Germany Bring Half Of Romania’s Foreign Investments In Past 5 Years
The Netherlands, Austria and Germany fetched around half the total volume of foreign direct investments in the past five years, remaining in the top three every year, according to data from...
Ford Saves Craiova Plant With Engines Meant For North America And Asia
Ford’s engine production at its Romanian plant is accelerating to over 1,000 units per day, driven by exports outside Europe, while car production at the plant is affected by the declining c...
Romania Delays Negotiations On Cupru Min Copper Sale
Romania’s Economy Ministry has delayed until mid-November negotiations to sell over 331,000 tons of copper concentrate produced by state-run copper mining company Cupru Min Abrud, the minist...
Petrom CEO Mariana Gheorghe World's 27th Most Powerful Woman In Business - Fortune
Mariana Gheorghe, chief executive officer of Romania’s largest oil and gas company OMV Petrom (SNP.RO), is ranked the world’s 27th most powerful woman in business in a list compiled by U.S....
First Phase Of NEPI’s The Office 40% Rented
The first phase of Cluj-based office complex The Office, developed by South-African investment fund New Europe Property Investments (NEPI) in partnership with Romanian businessman Ovidiu San...
Mega Image To Reach 260 Stores In Romania End-October
Mega Image, part of Belgian retail group Delhaize, plans to open five more stores in Romania in October, reaching a network of 260 units by the end of the month.
Owner Of Shalke 04 Football Club Has Farming Business In Romania
Klemens Tonnies, the owner of German football club Shalke 04 and of Tonnies Fleischwerk, one of the largest pork producers in Europe, is farming more than 4,000 hectares of rented land in Ro...