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Touring Europabus Romania 1H Turnover Up 34% To RON108M
Companies

Touring Europabus Romania 1H Turnover Up 34% To RON108M

Touring Europabus Romania, which owns travel agencies Eurolines and TUI TravelCenter, Wednesday said its turnover rose 34% on the year to 108 million lei (EUR24.5 million) in the first half...

Ecaterina Craciun · 04.09.2013 · 17:14 · 1 min
Enel Energie Wants To Contract Contact Center Services For RON13.5M
Companies

Enel Energie Wants To Contract Contact Center Services For RON13.5M

Enel Energie will organize an auction on October 15 to contract customer contact center services for an estimated 13.5 million lei (EUR3.03 million).

Ecaterina Craciun · 04.09.2013 · 14:48 · 1 min
Romania Electricity Consumption Expected To Fall 19.4% By 2017
Energy

Romania Electricity Consumption Expected To Fall 19.4% By 2017

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates the country’s electricity consumption will drop at an annualized rate of around 4% in 2013-2014, the company said in...

Florentina Dragu · 04.09.2013 · 14:46 · 1 min
Romania Climbs Two Spots To 76 In WEF's Competitiveness Ranking
Macroeconomics

Romania Climbs Two Spots To 76 In WEF's Competitiveness Ranking

Romania climbed two places to 76th in a global competitiveness ranking released by the World Economic Forum on Wednesday.

Florentina Dragu · 04.09.2013 · 13:46 · 1 min
Claudia Nemat, Deutsche Telekom: LTE And All-IP Technologies On The Agenda Of Investments In Romania
Technology &Telecoms

Claudia Nemat, Deutsche Telekom: LTE And All-IP Technologies On The Agenda Of Investments In Romania

Expanding the 4G mobile data network (LTE) and migration of Cosmote’s and Romtelecom’s communications infrastructure towards the All-IP technology are on the investment agenda of German grou...

Oana Gavrila · 04.09.2013 · 08:38 · 2 min
Continental To Hire 1,000 In Timisoara And Brasov
Companies

Continental To Hire 1,000 In Timisoara And Brasov

Automotive component manufacturer Continental, which has seven plants and three research centers in Romania, is currently employing 12,000 people in this country and continues to hire. It sh...

Oana Gavrila · 04.09.2013 · 08:36 · 2 min
Comvex 1H Turnover Up 40% To Nearly RON74M
Companies

Comvex 1H Turnover Up 40% To Nearly RON74M

Romanian harbor operator Comvex Constanta (CMVX.RO) Tuesday reported 40% higher turnover to nearly 74 million lei (EUR16.8 million) and 82% higher profit to RON14.9 million on the year in th...

Ecaterina Craciun · 03.09.2013 · 19:22 · 1 min
Fortissimo Capital And PCC SE Team Up For Privatization Of Chemical Plant Oltchim
Companies

Fortissimo Capital And PCC SE Team Up For Privatization Of Chemical Plant Oltchim

Israeli private equity investment group Fortissimo Capital and PCC SE, minority shareholder in Romania’s state-owned chemical company Oltchim SA, will form a consortium to participate in the...

Ecaterina Craciun · 03.09.2013 · 19:07 · 1 min
Japan’s Sharp To Open Office In Romania By End-September
Companies

Japan’s Sharp To Open Office In Romania By End-September

Japanese company Sharp will open an office in Romania by the end of September and targets a 5% share on the local electronics market and sales of EUR8-EUR10 million in the medium term, said...

Ecaterina Craciun · 03.09.2013 · 14:37 · 1 min