Companies
DPD Romania Turnover Up 27% In 1H, To RON22.8M
Courier firm DPD Romania, part of French group Geopost, a subsidiary of La Poste, had a turnover of RON22.8 million in the first half of the year, up 27% from the first half of 2012, the com...
Dedeman Expects 8% Higher Sales in 2013
Do-it-yourself retailer Dedeman expects an 8% increase in sales in 2013 to EUR584 million after opening two new stores in the first half of the year and continuing its expansion plans.
Romania Might Raise Funds For 2013 First Home Program By RON1B
Romania’s Government will increase funding for this year’s edition of the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will...
Private Equity Investments In Romania Hit 6-Year Low Of EUR27M In 2012
Investments of private equity funds in Romania amounted to only EUR27 million in 2012, a record low over the past six years, while exits rose to EUR120 million, according to the European Pri...
Alstom Appoints New President For Romania, Bulgaria, Moldova
The sales vice-president for Central and Northern Europe of French-based power company Alstom, Gilbert Porcherot, has been appointed president for Romania, Bulgaria, and the Republic of Mold...
Romanian Adrem Invest Signs $13M Contract To Upgrade Factories In Uzbekistan
Bucharest-based engineering company Adrem Invest signed a $13 million contract to upgrade production units of Uzbek Mettalurgical Plant, marking the Romanian company’s entry on the Uzbek mar...
Sika Romania To Invest In Technology Center In Brasov
Sika Romania, the local subsidiary of Swiss group Sika, which produces chemicals for the construction and manufacturing industries, will invest in a technology center in Brasov, central Roma...
Business Outlook: Executives See Romania Constructions, Retail Growing In 3Q
Romanian executives estimate the construction sector will grow over the July-September period compared with the previous three months, while the retail activity will post a moderate increase...
INS: Housing Permits Down 4.5% In First 6 Months
Romanian housing permits fell 4.5% to 17,396 units in the first half of 2013, from 18,217 units a in the year-earlier period, the country’s statistics institute INS said Monday.