Companies
Philips Romania Sees EUR117M Revenue In 2012
Philips, which has an espresso machine plant and retail operations in Romania, posted EUR117 million revenue in this country in 2012, down about 5% year-on-year, according to Trade Registry...
Household Electricity Prices In Romania 1.3% Lower Starting July 1
Electricity prices for households and nonindustrial consumers in Romania will fall by an average of 1.3% starting July 1, the country’s energy market regulator ANRE said Friday.
Romania May Raise Wages Of EU Fund Management Authorities’ Employees
Romania’s government will negotiate with the International Monetary Fund a special wage system for public servants involved in attracting European funds, which will use both national and EU...
Romania To Change Public Procurement Rules To Lower Emphasis On Lowest Price
Romania’s Government plans to amend norms on public procurement to have the technical part of an offer assessed primarily instead of the lowest price.
Romania To Set Up Agriculture Mutual Funds Extending Risk Coverage
Romania will set up agriculture mutual funds to take up risks insurers do not cover, according to an emergency ordinance approved by the Government Wednesday.
Dedeman Opens 32nd Store Next Week In EUR9M Investment
Romania’s biggest do-it-yourself retail chain Dedeman will open a new store next Friday, in Miercurea Ciuc, central Romania, following an investment of EUR9 million.
Vestas Sells 70 MW Wind Park In Romania To LUKERG Renew For EUR109M
LUKERG Renew bought a 70 MW wind park in Galati, eastern Romania, from Denmark’s Vestas, for EUR109.2 million, and the deal is expected to be finalized in the next eight weeks.
Farmers Optimistic About Rapeseed Harvest
Farmers in Romania will start harvesting rapeseed in a few days, a winter cover crop that disappointed last year but should contribute EUR170 million to the country’s economy in 2013.
Top Romanian Producers Making Clothing For Dolce&Gabbana or Armani
The largest ten local apparel producers made clothes for luxury brands such as Dolce&Gabbana and Armani and for retailers Zara, Benetton, H&M and C&A, worth half a billion euros in 2012, sli...