Companies
EU Unlocks Payments To Romania Under 2007-2013 Transport Operational Program
The European Commission has unlocked payments for the 2007-2013 Transport Sector Operational Program (POS T), the Romanian Transport Ministry said in a statement Tuesday.
SME Loan Guarantee Fund Head Says Firms Must Change Business Model
Small and medium-sized firms (SMEs) in Romania must change their business model, a measure more important and urgent than in the case of banks, as they are essential to the economy, Aurel Sa...
Goodyear Dunlop Romania And Bulgaria Country Manager To Manage Ops In Four More Countries
Ovidiu Balan, general manager of tire maker Goodyear Dunlop for Romania and Bulgaria, will be head of operations in Czech Republic, Slovakia, Hungary, and the Republic of Moldova as well sta...
Average Monthly Office Rents In Bucharest Vary From EUR7.7/Sqm To EUR13/Sqm
Average office space rents in Bucharest range between EUR7.69/square meter per month and almost EUE13/sqm/month, and the cheapest offers are available in the eastern parts of the capital, ac...
Vasilescu, BNR: Very Few Consumers Still Eligible For Loans
Retail lending in Romania has reached an impasse after most of the consumers eligible for financing have already taken out loans, leaving banks with very few options to find new clients, an...
ANRE Official: Electricity Prices To Rise After Curtailing Support For Green Power Producers
The price of electricity will rise following Romanian authorities’ recent decision to limit state support for producers of renewable energy, Zoltan Nagy-Bege, member in the executive board o...
BCR Says Ready To Help Economy, But Through Leu-Denominated Loans
After extensive restructuring measures, Romania's largest lender Banca Comerciala Romana (BCR) is ready to restart lending to individuals, but only in lei, according to the bank’s strategic...
ExxonMobil Awards Biggest Romanian Contract To US Company
ExxonMobil has awarded Texas-based Diamond Offshore Drilling a $532 million contract for drilling services in the Neptun block in the Black Sea, which it operates in partnership with OMV Pet...
Unilever And Henkel, Only Major FMCG Companies To See Growth
With less than five kilos of detergent, 1.5 tubes of toothpaste and four bars of soap used per capita/year, which puts the country at the bottom of the European ranking, the only way for Rom...