Companies
FrieslandCampina Romania Explains Why It Closed Its Local Production Units
FrieslandCampina Romania, the local division of Dutch group FrieslandCampina, said it has closed its plants over the past years because they were used “way below capacity and were technologi...
Romania Average Net Wage Slides 3% In May
Romanian average net salary fell 3% to 1,611 lei (EUR362.7) in May, from RON1,661 a month earlier, the statistics institute INS said Friday.
Largest Romanian-Held Companies Posted RON17B Revenues In 2012
The ten largest companies owned by Romanian entrepreneurs reported revenues of 17 billion lei (EUR3.8 billion) last year, up 7% from 2011 and up 20% from 2010.
Porumboiu To Build Grain Silos Of 50,000 Tons
Farming and food industry group Racova, owned by businessman Adrian Porumboiu, will start building several silos with a total capacity of 50,000 tons, close to its farms in northeastern regi...
Bucharest Airport Company Allowed To Hire 35 New Employees, Increase Wage Costs
The Bucharest National Airport Company (CNAB) has received the Romanian government’s approval to hire 35 new people and increase its employee expenses by more than 5.3 million lei (EUR1.2 mi...
Head Of GSK Romania Optimistic About Finding A Buyer For Europharm
Pascal Prigent, general manager of GlaxoSmithKline (GSK) Romania, says he is optimistic about finding a buyer for the Europharm plant in Brasov and that he is surprised at how soon after las...
Dragos Dinu Plans To Build Outlet Store Chain
Dragos Dinu, who took over as CEO of electronics and IT retailer Domo at the beginning of this year, says he plans to build an outlet store chain with national coverage.
McDonald’s Romania Reports Weak Profit In 2012
McDonald’s, the largest player on the Romanian restaurant market, reported profit of EUR0.9 million in 2012, nearly five times lower from 2011 and ten times lower than the profit obtained in...
Cosmote Romania To Contract EUR225M Syndicated Loan
Cosmote Romania, the third largest telecom operator on the local market, plans to contract a EUR225 million syndicated loan from the European Bank for Reconstruction and Development (EBRD) a...