Companies
Steel And Aluminum Producers Say Power Price Hike Hurts Them
The power price increase by almost 38% in the years since the collapse of Lehman Brothers, according to Eurostat data, is hurting industrial consumers.
A&D Pharma Gets EUR190M Syndicated Loan From UniCredit, BCR And BRD
Sensiblu, part of pharmaceutical group A&D Pharma, has attracted a factoring facility from lenders BCR and UniCredit Tiriac Bank for the lei equivalent of EUR100 million.
Fifth Bucharest Subway Mainline To Be Ready In 2016, One Year Later Than Planned
The subway mainline linking the Bucharest area of Drumul Taberei to the city center will be ready in 2016, one year later than planned, Prime Minister Victor Ponta said Wednesday, adding he...
Carpatica Wants EUR30M From Strategic Investor
Banca Comerciala Carpatica (BCC.RO), the only Romanian-held bank listed on the Bucharest Stock Exchange, needs an additional EUR10 million to EUR30 million, chief executive officer Johan Gab...
India’s African Industries Wants To Buy Mechel’s Former Steel Plants In Romania
Indian African Industries Group, the largest producer of rebar in West Africa, said it is interested in taking over Mechel’s former steel plants in Romania, which are currently insolvent.
Reff & Asociatii Reports 24% Higher Revenues In 1H/2013
Law firm Reff & Asociatii, a member of Deloitte Legal, Tuesday reported a 24% year-on-year increase in revenues in the first half of 2013 and estimates to exceed its EUR3.5 million revenue t...
Feasibility Studies For Bucharest’s Fourth Subway Mainline To Get CHF8.5M Financing
The Swiss Government will grant financing of up to CHF8.5 million for drawing up pre-feasibility and feasibility studies for the construction of Bucharest’s fourth subway mainline linking La...
UniCredit Tiriac Bank Lent RON320M To SMEs In January-August
Romanian lender UniCredit Tiriac Bank granted loans of RON320 million in January-August to small and medium-sized businesses with turnovers of below EUR3 million, up 9% on the year, said the...
Romania Ranks 42nd Globally And Last In EU By Net Financial Assets Per Capita – Allianz Report
Romania ranks 42nd worldwide and last in the European Union by its population’s net financial assets, with an average of EUR2,327 per capita, according to a report released Tuesday by German...