Companies
Same Bidders For CFR Marfa After Sale Resumed
U.S. OmniTRAX, Romanian private freight railway carrier Grup Feroviar Roman (GFR) and a consortium of Transferoviar Grup and Donau-Finanz GmbH & Co KG Austria were again the only companies i...
Winners Of EUR900M Highway Contract Kept Secret
Tenders for the construction of 100 kilometers of highway have yet to have their winners announced. Although Minister-delegate for Infrastructure Projects Dan Sova says the contracts have al...
Holcim Romania Switches To Loss First Time Since 2000
Cement producer Holcim Romania, the local division of of Swiss group Holcim, has switched to loss for the first time in over a decade, posting a negative result of 37.7 million lei (EUR8.5 m...
Trade Registry: About 6,000 Romanian Firms Went Insolvent In January-April
Romania’s Trade Registry said Wednesday 1,460 firms entered insolvency in April, up 5.4% on the year and slightly down from 1.515 in March.
Mega Image Opens Four Stores This Week, Reaching A Network Of 222
Retailer Mega Image, part of Belgian group Delhaize, is opening two Shop&Go stores in Pitesti and Bucharest, and two Mega Image supermarkets in Ploiesti and Bucharest, on Wednesday and Thurs...
Electroputere 1Q Loss Widens To RON13M
Romanian electric engine maker Electroputere Craiova (EPT.RO) Wednesday said its loss widened 60% to 12.9 million lei (EUR2.9 million) in the first quarter, hurt by lower sales.
eMAG.ro Sales Up 13.8% In 2012, To EUR165M
Sales of Romanian online store eMAG.ro rose 13.8% last year to EUR165 million, Iulian Stanciu, general manager of site administrator Dante International, said Wednesday.
Romania’s Car Production Close To Exceeding Italy’s
Romania could assemble almost 450,000 cars in 2013, while Italy’s production will go down towards 360,000 cars, according to the trends in the first quarter of 2013, when local production ro...
Groupama Turns To EUR23M Loss In 2012
Groupama, the local subsidiary of the French group by the same name, last year reported a net loss of EUR23 million after a profit of EUR1 million in 2011, according to a report published by...