Companies
Comvex Constanta Pays Dividends Of RON11.9M For First Time In Seven Years
The shareholders of port operator Comvex Constanta (CMVX.RO), the largest terminal in the port of Constanta, approved the payment of dividends of RON11.85 million (EUR2.8 million) from last...
Lidl And Kaufland, Food Retailers With Highest Imports
Wafers, cold cuts and the like that retailer Lidl imported last year weighed more heavily in the trade balance than the turbines CEZ bought for its wind farm in Fantanele (SE Romania), the l...
Details Of Bunge-Prio Transaction Set Benchmark for Future Deals
Agribusiness group Bunge revealed the financial details of its acquisition of 55% in a Romania-based vegetable oil and biodiesel plant from Prio Foods in the second half of 2012.
Hidrolectrica Downsized To 7 Branches Out Of 13, Wage Spending Drops By EUR6M
Romania’s insolvent state-run power producer Hidroelectrica has been restructured and downsized to seven out of 13 branches, and will cut 300 jobs, lowering the company’s spending on salarie...
EBRD Remains Committed To Support Investment Projects In Romania
The European Bank for Reconstruction and Development will continue to financially support projects in Romania, regardless of the country’s success in securing a follow-up loan agreement with...
Romania To Sell IAR Ghimbav, Avioane Craiova And Romaero Baneasa
Romania’s Economy Ministry will start procedures for the privatization of state-run aerospace companies IAR Ghimbav, Avioane Craiova and Romaero Baneasa, Economy Minister Varujan Vosganian s...
Vosganian: New Contract To Boost Production Capacity Of Cugir Weapons Plant
The weapons factory in Cugir, in Romanian central county of Alba, will be able to boost its production after signing a contract for the delivery of light weapons, Economy Minister Varujan Vo...
Association: Amending Energy Law Through Emergency Decree Illegal
Amending the law on the production of renewable energy through emergency ordinance is illegal and breaches European directives, the Romanian Wind Energy Association (RWEA) said Wednesday, wa...
E&Y: Romania Ranks 10th In Europe By New FDI Jobs In 2012
Romania ranks tenth in Europe and fourth in Central and Eastern Europe (CEE) by the number of jobs created following projects based on foreign direct investments (FDI) and completed in 2012,...