Companies
SME Minister: New Insolvency Law Finalized; Up For Public Debate In August
Romania’s new insolvency law has been finalized and will be put up for public debate in August, Maria Grapini, the country’s Minister for Tourism, Business Environment and Small and Medium-s...
Labor Minister Says SMEs Can Help Reduce Youth Unemployment
Small and medium-sized firms (SMEs) represent the solution to reduce unemployment among young people, a problem which is becoming more and more serious in Romania, considering that multinati...
SME Council: Over 90% Of Small Firms In Romania Use Self-Financing To Survive
Nearly 60% small and medium-sized firms (SMEs) in Romania have managed to report constant financial results between 2009 and 2013, over a quarter reported decreases and over 90% use self-fin...
Alumil Romania Completes RON30M Investment In New Processing Unit
Romanian aluminum processor Alumil Rom Industry (ALU.RO) has completed the construction of a 30.3 million lei (EUR6.8 million) processing unit in the central county of Prahova, the company s...
Businessman Ioan Niculae Wants To Buy 16.66% Of Comcereal Prahova, Delist Company
Romanian businessman Ioan Niculae wants to acquire over 16.66% of grain wholesaler Comcereal Prahova Ploiesti (CPRH.RO) for 3.1 million lei (EUR0.7 million) and delist the company.
LeasePlan 1H Sales In Romania Rose 9.4% To About EUR21M
Car leasing company LeasePlan Romania registered turnover of EUR20.9 million in the first half of 2013, up 9.4% on the year, and its profit rose 9.1% to EUR71.9 million.
Dairy Maker Covalact 2012 Turnover Up 30% On Year, To RON119M
Dairy maker Covalact reported sales of 119 million lei (EUR27 million) in 2012, up 30% from 2011, according to a ZF analysis based on data from Romania's Trade Registry and Finance Ministry.
Top 30 CNADNR Payments: EUR750M For Roads Which Are Not To Be Seen
The 30 largest payments that Romania’s Highways and National Roads Company (CNADNR) made in the first half of the year total almost EUR750 million, shows a ZF analysis based on data provided...
Romania Ranks 13th Worldwide By Furniture Exports, 49th By Consumption
Romania ranks 28th among countries with the largest furniture production, shows the World Furniture Outlook research conducted by CSIL, an independent institute from Italy, which analyzes th...