Companies
BNR Revises Up Romania's 2012 FDI To EUR2.1B
Romania’s central bank has revised upwards foreign direct investment data for 2012 to 2.14 billion euro, up from EUR1.8 billion in the previous year, the bank said in a news release Monday.
INS: Romania Housing Permits Down 7% On Month To 3,833 In August
Romanian housing permits fell 6.9% to 3,833 units, from 4,115 units a month earlier, the country’s statistics institute INS said Monday.
Business Outlook: Executives See Growth In industry, But Declines In Constructions And Retail
Romanian executives estimate the activity in the construction and retail sectors will decline over the September-November period compared with the previous three months, the statistics insti...
Romania Sets SME De Minimis Aid At 90% Of Expenses Eligible For Financing- Draft
The de minimis state aid targeting small and medium-sized enterprises (SMEs) in Romania, which is worth up to EUR100,000, will be set at 90%, instead of 100% currently, of the total value of...
Mediafax Group Buys Minority Stake In Affiliated Marketing Network 2Parale
Romanian media group Mediafax Group announced Friday it has bought a minority stake in 2Parale, Romania’s first and biggest affiliated marketing network.
Insolvent Residential Project Citadella Titan Up For Sale For EUR6.85M
Insolvent residential project Citadella Titan in Bucharest could be put up for sale for EUR6.85 million, according to the reorganization plan approved by creditors.
Three Real Estate Projects Worth EUR15M Under Construction Near Hilton
A dentist, Israel-held Jupiter group, which owns a shopping center in Pitesti, southern Romania, and the manager of design and architecture firm Proiect Bucuresti are working on three real e...
Fashion Giants Grow From EUR50M To EUR350M Sales In 2008-2013
Foreign fashion retailers H&M, Inditex (owner of Zara) and C&A have reached more than EUR350 million revenue and over 150 stores in five years, from the EUR50 million sales generated by 20 s...
Biso Romania Wants To Build EUR2M Grain Silos
Biso Romania, the local division of Austrian agricultural machinery manufacturer Biso Schrattenecker, wants to invest EUR2 million in 2014 for the construction of grain storage facilities.