Companies
Hidroelectrica Spent Over EUR260,000 On Recruitment Firms To No Avail
One of the most important electricity producers in Romania, Hidroelectrica, has spent more than EUR260,000 excluding VAT on contracts with international recruitment firms to find private sec...
Most Profitable Shares On Bucharest Stock Exchange In First Eight Months
The main index of the Bucharest Stock Exchange, BET, has increased by 12.6% since the beginning of the year, mostly because of last month, when the market rose by 7.3%.
Thousands Protest Over Rosia Montana Gold Mining Project In Bucharest And Other Cities Countrywide
Thousands of people are protesting in Bucharest Sunday evening over the government’s decision to approve a bill allowing the start of mining works in Rosia Montana, western Romania.
Greek Eurobank Posts 1H Loss Of EUR13.7M In Romania
Greek bank group Eurobank, owner of Bancpost, posted losses of EUR13.7 million in the first half of the year, after a net profit of EUR4.3 million in the fist quarter, the financial institut...
Trade Registry: 9,655 Romanian Firms Went Insolvent In January-July
About 1,440 Romanian firms defaulted on their debts in July and the number of insolvencies reached some 9,655 in the first seven months of 2013, down 5.37% on the year, according to Trade Re...
Romtelecom, Cosmote Say Lowering Mobile Termination Rates Will Cut Into Investments
A massive drop in interconnection tariffs will cut into telecom operators’ investment budgets, thus affecting the long term development of the sector, officials of operators Romtelecom and C...
Electroarges Plans To Buy Back Up To 10% Of Its Stock
Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) plans to launch a buyback program for up to 10% of its shares, the company said in a call to its shareholders Frid...
Over 50 Romanian Firms Listed In Coface CEE Top 500 Companies
Romania climbed two notches to the third spot among countries in Central and Eastern Europe (CEE) by number of companies listed in Top 500 biggest companies in the region compiled by Coface...
EU Survey: Romania Economic Sentiment Steady On The Month In August
Economic sentiment in Romania was roughly stable on the month in August, held back by weakening consumer confidence and declining expectations in the retail sector, a survey from the Europea...