Companies
Industrial Output Shrinks In May
Romanian adjusted industrial production fell 10.7% in May compared with a month earlier, on lower output in all sectors, the country’s statistics institute INS said Wednesday.
Six Scrap Metal Centers Registered Turnover Of Over EUR400M In Romania In 2012
Six scrap metal processors operated by German group Scholz in Romania registered combined turnover of around EUR423 million in 2012, from around EUR438 million in the previous year, reveals...
Saint Gobain Opens EUR7M Mortars Plant In N Romania
French group Saint Gobain on Tuesday opened its third production facility in Romania, following an investment of EUR7 million.
InterAgro Invests EUR35M In Vegetable Oil Plant In S Romania
InterAgro group, owned by Romanian businessman Ioan Niculae, has completed an investment of EUR35 million in a vegetable oil plant in Zimnicea (southern Romania), close to a bioethanol proce...
Tourism Minister Organizes Trips To Promote Romania
Romania’s Tourism minister has organized trips to promote Romania for ambassadors, representatives of the World Tourism Organization, foreign and Romanian journalists, but the country does n...
Romanian Procurement Authority Head Resigns
Lucian Vladescu has resigned as head of the Romanian procurement authority ANRMAP and will be replaced by Bogdan Dobrin.
Managers Causing Firms To Enter Insolvency May Cover Debts From Their Own Pocket
Managers who cause a firm to enter insolvency will have to cover partially or totally the debts registered by the firm from their own pocket and will not be allowed to run other companies fo...
Companies In Romania May File For Insolvency Only For Debts Exceeding RON90,000
Romanian companies facing financial problems may file for insolvency only if their debts exceed 90,000 lei (over EUR20,000), and creditors may submit insolvency claims against debtors 30 day...
INS: Adjusted Construction Works Up 3.1% On Month In May
Romanian construction works rose 3.1% in May from a month earlier, on recovering activity in most sectors, the statistics institute INS said Monday.