Companies
Negritoiu: Romania Should Set Up Investment Fund To Capitalize Industrial Companies
The second day of ZF Bankers Summit ’13 brought up the weaknesses in the economy and the issue of insolvencies weighing on banks’ loan portfolios. One solution would be for the state to reca...
40% Fewer People Hired In 1Q/2013 Than In 1Q/2012
Companies hired less than 50,000 people in the first quarter of the year, 40% fewer than in the similar interval a year ago, when more than 85,000 new jobs were created.
Coca Cola HBC Romania’s Sales See Growth First Time In Last Four Years
Coca-Cola HBC Romania, the largest player on the local soft drinks market, reported sales of EUR435 million last year, up 6% from 2011, and a net profit of EUR33 million, up 8% on the year.
Agricover Plans To Acquire Meat Processing Or Bakery Plant
Romanian agribusiness group Agricover is looking for potential acquisitions on the meat processing and bakery market.
Comvex 1Q Revenues Tripled On Year, To RON71.2M
Romanian harbor operator Comvex Constanta (CMVX.RO) reported revenues of 71.2 million lei (EUR15.8 million) in the first quarter of the year, three times higher from RON23.1 million in the s...
Rompetrol Well Services To Open Two Units In Iraq And Libya
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, plans to open two offices in Libya and Iraq, respectively, the company said in a report Thursday.
DHL Romania Opens First Express Delivery Center In A Shopping Mall
DHL Express Romania will open Saturday the first express delivery center in Romania, in shopping mall Baneasa Shopping City.
AmCham Concerned About Emergency Decree Taxing By 85% Managers' Severance Pay
The Romanian business environment is concerned about the lack of clarity of a Government emergency ordinance taxing by 85% severance pay granted to managers and executive board members, the...
Agricover Borrows EUR15M From BSTDB; Agreement Signed Thursday
Romanian agribusiness group Agricover on Thursday signed an agreement with the Black Sea Trade and Development Bank (BSTDB) for a EUR15 million loan.