Companies
Avon: Luxury Products In Demand In Romania, Poland Prefers Cheaper Ones
Anna Ruszczak, campaign planning manager for Central and Eastern Europe within cosmetics company Avon, says sales of the company’s luxury range are rising significantly at a time when consum...
No Deadline For Sibiu-Pitesti Highway
The 116 kilometer long Sibiu-Pitesti highway expected to cost to more than EUR3 billion should be paid for with European funds allocated for 2014-2020. At least this is what Romania’s nation...
Romania Can Invest EUR1B In State’s Listings
Romania can raise over EUR1 billion from local resources and to buy shares in state-run companies Nuclearelectrica, Romgaz, Hidroelectrica and Electrica.
Sales Of Furniture Maker Aramis Up 14% In 1H
Furniture maker Aramis Invest, based in Maramures, northern Romania, recorded a turnover of 251 million lei (EUR57 million) in the first half of this year, up 14% on the similar period of 20...
Deloitte: 35 Romanian Firms Among Top 500 Companies In Central Europe
Romania has 35 companies in the Central European Top 500 ranking by turnover in 2012, according to a study by Deloitte.
Glencore, Trafigura, Yildirim Holding File Pre-Qualification Bids For Romania’s Cupru Min
Turkish chrome producer Yildirim Holding Inc., Dutch commodities trader Trafigura and Switzerland’s Glencore have filed pre-qualification bids to purchase up to 331,890 tons of copper concen...
GSK Receives Several Offers For Its Europharm Production Facility In Brasov, Romania
British pharmaceutical group GlaxoSmithKline has received more offers than it expected for its production line in Brasov, central Romania, both from local and international investors, GSK Ro...
Romanian President Says He Might Call For Referendum On Rosia Montana Gold Mining Project
Romanian President Traian Basescu said Monday that although he supports mining, the government’s adoption of the bill giving the go-ahead to the gold mining project in Rosia Montana, western...
Tourist Arrivals In Romania Down 1.6% On Year In July
Arrivals at Romanian tourism accommodation establishments fell 1.6% in July from the year-earlier month, while overnight staying declined 4.2% on the year, data from the statistics institute...