Companies
Head Of Winmarkt: If Construction Sector Is Stuck In Italy, This Shows In Romanian Consumption
The Romanian economy and consumption are stagnating at present because of problems in Europe, says Antonio di Berardino, the Italian who has been running the network of Winmarkt shopping cen...
Carrier Dunca Expeditii Expects 10% Revenue Growth, Lower Profit In 2013
Dunca Expeditii, one of the largest trucking companies in Romania, will end the year with EUR36 million revenue, up 10% on 2012, while net profit would be lower because of the fuel price hik...
Aggregate Net Profit Of Romanian-Held Firms Up 14.2% In 2012, To RON7.2B
Companies held by Romanian entrepreneurs reported a 14.2% increase in aggregate net profit on the year to 7.2 billion lei (EUR1.6 billion) in 2012, and a 9% rise in overall turnover to RON18...
Lack Of Technical, Decision-Making Skills Main EU Fund Absorption Obstacles In Romania - Report
Lack of technical skills and decision-making ability are the main obstacles Romania and Bulgaria encounter in preparing projects eligible for European financing, according to a report by int...
NEPI Borrows EUR30M From UniCredit Tiriac Bank To Refinance Lakeview Office Building
Romanian lender UniCredit Tiriac Bank has granted South African investment fund NEPI a EUR30 million credit line, the bank said Monday.
Italian Giant Intesa Renews Plans To Grow Bucharest Branch
Intesa Sanpaolo, one of the top ten banks in the eurozone by stock exchange capitalization (EUR25 billion) once again has plans to grow its Romanian business after cleaning up its local port...
Grup Servicii Petroliere To Double Offshore Rig Fleet
Gabriel Comanescu, the businessman who controls offshore drilling company Grup Servicii Petroliere (GSP), say he wants to double his offshore rig fleet from the current six units and add two...
Businessman Ioan Tecar In Talks To Sell Pehart Tec To Sweden’s SCA
Sweden’s SCA group (Zewa) is in talks to buy businessman Ioan Tecar’s Pehart Tec paper plant and could invest a further EUR120 million there, the entrepreneur says. SCA did not comment on th...
Romania Ranks Sixth In Europe By Beer Consumption With 89 Liters/Capita
Romania ranks sixth in Europe in terms of beer consumption, with 89 l/capita, shows a ZF analysis based on data from the Brewers of Europe Association for 2011.