Companies
Avon’s Turnover Falls To Lowest Level In Eight Years, But Sees Single-Digit Growth In 2013
Avon Romania, the largest retailer of direct sales cosmetics on the Romanian market, ended last year with turnover of EUR98 million, the lowest since 2005, amid a decline in the consumption...
Catalin Baiculescu Joins Tuca Zbarcea & Asociatii
Lawyer Catalin Baiculescu has left his position as deputy managing partner with Musat & Asociatii to join rival firm Tuca Zbarcea & Asociatii.
Carpatcement Sees 3% Growth In Turnover In 2013, To RON834.8M
Cement producer Carpatcement Holding, part of German group HeidelbergCement, expects a turnover of RON834.8 million this year, up 3.3% from 2012, and a gross profit of RON174.9 million, down...
UK Ambassador: Romanian State-Owned Company Sale Process Far From Perfect
The privatization of Romanian state-owned companies has definitely not been a perfect process and Romania must focus on attracting more international investors, UK Ambassador to Bucharest Ma...
Bucharest Among Top 15 Cities With Biggest Drops In Office Occupancy Costs
Bucharest ranks 12tyh in the top 15 cities in the world with the biggest cost reductions in office space occupancy, with a 6.1% drop in the first quarter compared to the same period in 2012,...
Trade Registry: Over 7,000 Romanian Firms Went Insolvent In January-May
About 1,164 Romanian firms defaulted on their debts in May and the number of insolvencies reached some 7,100 in the first five months of 2013, down 4.5% on the year, according to Trade Regis...
EBRD Head: Romania Needs Growth That Can Create Jobs For The Young
The crucial question for Romania is how to make the economy grow, says Suma Chakrabarti, the president of the European Bank for Reconstruction and Development – the international financial i...
Need For "Rented" Workers Lift Revenue Of Recruitment Companies
The turnovers of the five largest players on the Romanian market of recruitment and temporary work went up by almost 14% last year against 2011 amid companies’ need for “rented” staff, whom...
Romania Overtakes Italy In Grain Production Ranking In 2013
Romania’s grain production estimated at 17.4 million tons will be 3% higher than Italy’s this year, putting the country on the sixth place among European producers.