Companies
Minister: Romania To Terminate Transylvania Highway Contract With Bechtel In Upcoming Days
Romania will terminate in upcoming days the contract with U.S. constructor Bechtel to build the Transylvania Highway and the Government Control Body will check the unfolding of the contract...
Romtelecom’s Most Revenues No Longer Come From Fixed-line Telephone Services
Romtelecom, one of the largest telecom operators in Romania, posted lower revenue from fixed-line telephone services - its core business for decades, in the fourth quarter of 2012.
Octavian Radu Expects Bids For Diverta Sale
Romanian businessman Octavian Radu, the founder of bookstore chain Diverta, said he is in talks with an investor to sell Diverta, but the “door is still open” for other offers.
Romania Expects Bids For Cupru Min Privatization Until June 10
Romania’s Economy Ministry will accept "any method stipulated by law" to attract investments in state-owned copper producer Cupru Min Abrud and it expects letters of intent from prospective...
Unilever: We Managed To Offset Rise In Raw Material Prices And Leu Depreciation
Raw material prices and the depreciation of the domestic currency were the factors that affected the business of Unilever in Romania last year.
Oracle Romania: Education Quality Still High In Romania
Romanian schools turn out graduates with a quality education or else the major companies would not have continued to invest in Romania, said Sorin Mindrutescu, general manager of Oracle Roma...
Arctic’s Exports Up Nearly 30% In 2012, To Some EUR200M
Romanian household appliance maker Arctic, owned by Turkish group Arcelik, saw a nearly 30% increase in exports, to 861.84 million lei (EUR198 million), in 2012.
Romanian Beer Sales See Record Growth In 1Q/2013
Beer sales in Romania rose 14% in the first three months of 2013, to 3 million hectoliters, the highest quarterly growth in six years, according to a ZF analysis based on data from the stati...
Romania May Extend Bid Submission Deadline For Posta Romana Privatization
Investors interested in a majority stake in Romanian state-run postal company Posta Romana have asked for the extension of the deadline for the submission of bids after the country's tax aut...