Companies
Importers Sold 16 Cars Of Over EUR200,000 In January-August In Romania
The most important luxury car makers sold 16 cars with a price tag of more than EUR200,000 in Romania in the first eight months of 2013 up from 14 in the same time last year, according to th...
Electromagnetica Expects To Sell EUR6M In LED Lights This Years, Taps New Export Markets
Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) expects to sell EUR6 million worth of LED lights this year, double compared to last year, and plans to r...
Investors Inject EUR60M In Green Energy Companies In July-August
Foreign developers of renewable energy products came up with almost EUR60 million for the companies they own in Romania this summer, ZF has found by looking at Trade Registry data.
Promenada And Baneasa Malls Start Fight Over Richest Romanians’ Budgets In October
The opening in less than a month of the Promenada Mall in northern Bucharest will set off one of the biggest battles for clients in Romanian modern retail: the mall’s owner, Austrian Raiffei...
Romanian Gas, Energy Suppliers Are Owed EUR1B In Unpaid Utility Bills
Unpaid utility bills due to price increases caused some of energy and natural gas suppliers in Romania to enter insolvency, Thursday said Silvia Vlasceanu, general manager of the association...
Timisoara Airport Seeks To Develop Modular Terminal For EUR112M
The international airport in Timisoara, western Romania, is looking to develop a modular terminal to improve connections between the airport and road transport means, hoping to raise passeng...
Romania Hospitality Industry Fell 20% In 2008-2010; Accounted For 2.1% Of GDP In 2010
The Romanian hospitality industry (hotels, restaurants, bars, event planning) fell over 20% in Romania between 2008 and 2010 and accounted for a little over 2% of the gross domestic product...
Azomures To Upgrade Ammonia Unit In EUR100M Investment
Romanian fertilizer producer Azomures will invest EUR100 million in upgrading its ammonia factory in Targu Mures, chief executive Mihai Anitei said Thursday.
Natural Gas Prices To Rise Less Than Expected In October, Says ANRE Head
The Romanian energy regulator ANRE Thursday said natural gas prices won’t increase as much as initially expected in October, as the country has stored enough cheap gas from local producers f...