Companies
Yogurt Consumption Up 5% In H1, Private Labels Gain Ground
The yogurt segment, one of the most important of the dairy market, put at EUR250 million, increased by 6% in the first half of this year on the year-ago period. The overall market fell by 7%...
SIF Banat-Crisana Buys 29.22% In Transilvania Constructii
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Thursday bought a 29.22% stake in construction firm Transilvania Constructii (COTR.RO) through a deal worth 13.8 million lei (EU...
Romanian Conpet Mulls Oil Pipeline To Serbia’s Pancevo
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) plans to commission a feasibility survey for the construction of a pipeline that would link Romania’s southeastern city of Consta...
Court Blocks Road Authority’s EUR7.4M Auction For Legal Services
The auction started by Romania’s roads authority CNANDR seeking legal assistance services for expropriations for an estimated EUR7.4 million has been annulled by the Bucharest Court of Appea...
Advent’s Portfolio In Romania Includes Only Two Companies After Two More Exits
Investment fund Advent Internaținal sold two of its Romanian businesses over the past year: medical drug producer Labormed in August 2012 and paint maker Deutek this month.
Iproeb 1H Turnover Down 28%, To RON31.2M
Romanian cable maker Iproeb Bistrita (IPRU.RO) posted a turnover of RON31.2 million (EUR7.1 million) in the first half of the year, down 28%, and a net profit of RON38,000, from RON301,000 i...
Highway Construction Costs In Romania Three Times Higher Than In Bulgaria
Highway construction costs in Romanian are three times higher than in Bulgaria on level land, and the difference between minimum and maximum construction prices is higher than in Poland and...
Oil Price Spike Expected To Impact Romanian Consumers - Analysts
Romanian fuel prices could spike in the near term following the recent increase in international oil prices amid reports of a potential U.S.-led military strike in Syria, ING Bank analysts s...
CEC Bank Selected To Grant Loans Under Program Supporting Young Entrepreneurs
Romania’s Economy Ministry selected state-run lender CEC Bank to grant loans under a state-supported program aimed to help young entrepreneurs, which offers non-reimbursable financing of up...