Companies
Antibiotice Iasi 1H Sales Down 4% To RON142M
Sales of Romanian state-run drug maker Antibiotice Iasi (ATB.RO) declined 4% in the first half of the year, to RON141.8 million (EUR32.3 million), and its net profit dropped 37%, to RON16.1...
Dacia’s UK Market Share Slightly Up To 0.63% In January-July, With 8,297 Cars Registered
Romanian carmaker Dacia saw a slight increase in market share in the UK in January-July, to 0.63% from 0.6% in the first half of the year, with 8,297 cars registered, ranking ninth out of 38...
UPC Romania Head To Take Over UPC Hungary Operations As Well
Severina Pascu, general manager of cable operator UPC Romania, will also be in charge of UPC Hungary as of August 15, replacing Betzalel Kenigsztein, who was promoted to head UPC operations...
Laura Baldini Distributor Targets EUR5M Sales In 2013
Logitrade Timisoara, which sells and promotes in Romania the Laura Baldini collection of pantyhose, tights and stockings produced in Italy, estimates to double sales in 2013 to over EUR5 mil...
Posta Romana To Deliver Driving Licenses, Vehicle Registration Certificates For RON32.1M
Romanian state-run postal company Posta Romana will provide courier services for the delivery of driving licenses and vehicle registration certificates to beneficiaries, over the next four y...
UCM Resita 1H Turnover Down 61.3% On Year To RON26.4M
Romanian insolvent engine manufacturer UCM Resita (UCM.RO) said Tuesday its turnover fell 61.3% on the year to 26.45 million lei (EUR5.9 million) in the first half of 2013, while its loss ro...
INS: Romania Average Net Salary Stays Around RON1,600 In June
Romanian average net salary inched 0.3% lower to 1,606 lei (around EUR360) in June, from RON1,611 a month earlier, the statistics institute INS said Tuesday.
Managing Director Says Axxess Capital Could Buy A Bank
Horia Manda, managing director of Axxess Capital, a company which manages the Romanian-American Enterprise Fund (RAEF), Balkan Accession Fund (BAF) and Emerging Europe Accession Fund, says t...
Isarescu: CFR Marfa Privatization, An Attempt To Escape Vicious Circle
Romanian central bank governor Mugur Isarescu said Monday the privatization of state companies that have monopoly or quasi-monopoly, such as railway freight carrier CFR Marfa, is a way out o...