Companies
Convenience Stores Part Of Gas Stations – A EUR600M Business
Sales of non-oil products sold at gas stations exceeded EUR600 million last year, according to ZF calculations based on data provided by oil companies, which say such products generated 10%...
Wine Imports Rose 200-Fold In 2000-2012
Wine imports rose more than 200-fold in volume between 2000 and 2012, while Romanian wines lost ground abroad and exports halved in the mentioned period, according to Romania’s National Offi...
Lafarge Cement Sales In Romania Down 15% In 1H/2013
Lafarge cement sales in Romania fell 15% in value in the first half of 2013, due to lower sales volumes, the French construction material producer said in its financial report Friday.
Interagro Launches Buyout Offer For 7.45% In Giurgiu Nav
Romanian agro-industrial and financial holding Interagro on Friday launched a mandatory buyout offer for the remaining 7.45% stake in ship operator Giurgiu Nav (GIUR.RO) at a price of 0.85 l...
Deutsche Bank Looking For Space For Services Center In Bucharest
Deutsche Bank, a former contender in the 2005 privatization race for Romania’s largest bank BCR, has been looking for office space in Bucharest for several months now. The group intends to o...
Cupru Min Extends Bidding Deadline For Copper Concentrate
Romania’s Economy Ministry has extended until September 1 a deadline by which eligible investors can file bids to purchase up to 331,890 tons of copper concentrate from state-run producer Cu...
Romania Plans EUR1B Energy Investment Fund
The Romanian government plans to set up an investment fund with an initial capital of over EUR1 billion that would include the state’s minority stakes in the companies held by the Economy Mi...
Papalekas's Real Estate Fund Raises EUR53.6M On London Market For Romania Investments
Globalworth Real Estate Investments, owned by Greek businessman Ioannis Papalekas, one of the most active realty investors in Romania, raised EUR53.6 million by listing its ordinary shares o...
Energy Minister Seeks Solutions To Lower Electricity Bills
Romanian Minister-delegate for Energy Constantin Nita said Thursday he plans to lower cogeneration fees and energy transport tariffs and find additional solutions to support both industrial...