Companies
Rosia Montana Gold Exploitation Set To Start In November 2016-Draft
Canada’s Gabriel Resources will start exploiting gold reserves in Rosia Montana, western Romania, in November 2016, as the area’s urban plan should be approved by the end of this year, and R...
Romanian Consumer Lending Companies Granted EUR195M Financing In 1H, Down 13%
Non-banking financial institutions members of the ALB Romania association, which make up for 84% of the local consumer lending market, granted financing of EUR195 million in the first half o...
Coca-Cola Hellenic Names Traian Nechifor As Country Manager For Moldova
Coca-Cola Hellenic said Monday it appointed Traian Nechifor as country manager for the Republic of Moldova starting September 1.
Textiles, Means Of Transportation, Electrical Equipment Make Up Half of Romania’s Exports
Electrical equipment and mechanical devices, textiles and means of transportation are the main products Romania exports to its top ten partner countries in international trade.
Elsid To Build EUR36M Wind Farm On Black Sea Coast
Metallurgical industry electrodes maker Elsid SA based in Titu, southern Romania, has started to develop a 24MW wind farm in Corbu, on the Black Sea Coast.
Profits Of Companies In Romania Fell By Over RON5B In 2012
The profits reported by companies in Romania fell last year by over 5 billion lei (EUR1.1 billion) to RON60 billion, which shows that 2012 was very difficult 2012 for the corporate sector de...
German Miele Reports EUR25M Turnover In Romania In 2012
German luxury home appliances maker Miele, which has a production facility in Brasov (central Romania), registered turnover of around 110 million lei (EUR24.7 million) in Romania in 2012, le...
Petrom CEO: Romania Has Priority For Black Sea Gas
Mariana Gheorghe, CEO of Romania’s largest oil company OMV Petrom (SNP.RO), said Petrom and US ExxonMobil, its partner for deepwater Black Sea exploration, set off talks with Transgaz to ana...
Hidroelectrica Appoints New Board Of Directors
Romanian state-owned hydropower producer Hidroelectrica has appointed a new Board of Directors which will still be chaired by Mihai Stanculescu, people familiar with the matter told MEDIAFAX...