Companies
Romania Issued More Housing Permits In April
Romanian housing permits rose 17.9% to 3,594 units in April, from 3,049 units a month earlier, the country’s statistics institute INS said Tuesday.
INS: Romanian Executives Expect Economy To Improve In May-July
Romanian executives estimate all economic sectors will see higher activity levels in the May-July period compared with the previous three months, the statistics institute INS said in a surve...
Enterprise Investors Has EUR314M For Midcap Acquisitions
Private equity firm Enterprise Investors, which operates in Central and Eastern Europe, has created a new fund, Polish Enterprise Fund VII (PEF VII), which has EUR314 million at disposal to...
Construction Of 6.5 Km-Section Of Bucharest-Ploiesti Highway Pushed Back To 2015
Romania’s national roads authority CNADNR has extended until April 2015 the contract with Italy’s Impressa-Pizzaroti, which is building the first 6.5-km section of the Bucharest-Ploiesti hig...
Ambasador Hotel In Bucharest To Re-Open At Half Capacity After Renovations
The Ambasador hotel in Bucharest, which has lost half of its rooms following the restitution of part of the building to the heirs of its former owner, will re-open with 100 rooms after renov...
CEC Bank To Borrow EUR25M From CEB To Finance SME Projects
Romanian state-owned lender CEC Bank will borrow EUR25 million from the Council of Europe Development Bank (CEB) to finance investment projects developed by small and medium-sized enterprise...
Diverta Expects Sales Of EUR13M This Year, Hopes To Return To Profit
Romanian bookstore chain Diverta estimates sales of EUR13 million this year, from EUR12 million in EUR12 million in 2012, and hopes to switch to profit, owner Octavian Radu said Monday.
BNR: Romania Private Lending Falls To RON220B In April
Romanian private lending fell 1.9% in real terms to 220 billion lei (EUR50.4 billion) in April, from RON223.8 billion a month earlier, central bank data showed Monday.
Six Of Ten Romanian Households Shop At Discount Stores - GfK Survey
More than half of Romanian households have shopped at discount stores at least once, and the average shopping frequency in such stores is twice a month, according to a GfK Romania survey rel...