Companies
H&M Romania Sales Up 38% In March-May, To EUR25.8M
Sales of fashion retailer Hennes & Mauritz (H&M) in Romania increased 38%, to SEK222 million (EUR25.8 million), in the second fiscal quarter (March-May 2013), while the company opened three...
Owner Says GFR Has Secured Bank Loans To Buy CFR Marfa
Romanian Grup Feroviar Roman has EUR180 million, the starting price to buy state-owned freight rail carrier CFR Marfa, and has bank credentials from Raiffeisen Bank Austria, company owner Gr...
Smithfield Romania’s Profit Quadruples In Fiscal Year 2013 To $41M
U.S. pork producer and processor Smithfield Foods’ operating profit in Romania quadrupled in the 2013 fiscal year ended in April to $41.4 million, thanks to higher sales and farm subsidies.
Government To Hire Private Experts To Avoid Losing EUR6.5B In EU Funds
The Romanian government will hire private experts to analyze requests for European financing and will pay them EUR280 per day for a period of two years, ensuring the money from EU funds and...
Settlement Board Rejects Contestations Against Lugoj–Deva Highway Building Tenders
Romania's National Contestation Settlement Board (CNSC) has rejected the contestations filed by construction company Spedition UMB and Austrian group Strabag regarding the awarding of contra...
Romanian Antitrust Body Rejects Relad’s Discrimination Claim Against Roche
Romania’s Competition Council has rejected a claim raised by pharmaceutical distributor Relad International against Roche Romania, accusing the latter of discrimination in supplying medicine...
Romanian-Austrian Consortium TFG - Donau Finanz Pulls Out Of CFR Marfa Privatization
The consortium of Romanian Transferoviar Grup and Austrian Donau-Finanz GmbH & Co KG Austria announced Wednesday it is pulling out of the privatization process of Romanian state-owned freigh...
Heads Of Three Multinational Cereal Traders Step Down
Cezar Gheorghe, the CEO of Ameropa Grains (with EUR198 million sales last year), Victor Beznea, head of Nidera Romania (estimated turnover of EUR85 million last year) and Tsvetan Iliev, gene...
Ranking Of Largest Companies In Romania
Oil, car manufacturing and food retail are the industries that supply the biggest number of top-ranking companies in the Romanian economy. The top ten players had sales of EUR20 billion last...