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Ghetea: Romania Bank Lending Likely To Revive In 3Q
Banks-Insurance

Ghetea: Romania Bank Lending Likely To Revive In 3Q

A steady economic growth could prompt bankers to resume lending as of this fall, the head of the Romanian Banking Association said Tuesday.

Florentina Dragu · 21.05.2013 · 13:29 · 1 min
Vodafone Romania Revenues Down 5% To EUR769M In 2012-2013 Fiscal Year
Technology &Telecoms

Vodafone Romania Revenues Down 5% To EUR769M In 2012-2013 Fiscal Year

Mobile operator Vodafone Romania reported total revenues of EUR769 million for the fiscal year 2012-2013, ended March 31, 2013, down 5.1% from the previous fiscal year, adjusted for exchange...

Oana Gavrila · 21.05.2013 · 10:43 · 2 min
Ranking Of The Top 10 Employers In Romania
HR

Ranking Of The Top 10 Employers In Romania

Almost 165,000 employees work in the top ten companies by number of employees and the employee trend in the last two years reflects a dramatic situation, which is true of the overall labor m...

Oana Gavrila · 21.05.2013 · 08:16 · 3 min
Delta ACM Wins EUR10M Contract For Infrastructure Works In Gabon
Companies

Delta ACM Wins EUR10M Contract For Infrastructure Works In Gabon

Bucharest-based construction company Delta ACM 93, controlled by businessman Florea Diaconu, has recently won a contract worth around EUR10 million, which target infrastructure works in a re...

Ecaterina Craciun · 21.05.2013 · 00:00 · 1 min
Danone Romania Sees 4% Decline In Last Year’s Euro Revenue
Companies

Danone Romania Sees 4% Decline In Last Year’s Euro Revenue

Danone Romania, a unit of French food group Danone, reported 4% lower revenues in euros, to EUR113.6 million, in 2012, according to ZF calculations based on company data.

Ecaterina Craciun · 21.05.2013 · 00:00 · 1 min
Mechel Campia Turzii Resumes Operations
Energy

Mechel Campia Turzii Resumes Operations

Romanian steel maker Mechel Campia Turzii (INSI.RO), a former unit of Russian group Mechel, has resumed production one month after launching insolvency proceedings, the company’s new owner I...

Florentina Dragu · 20.05.2013 · 15:58 · 1 min
dm drogerie markt Opens Fourth Store In Timisoara, Western Romania
Retail&Consumer

dm drogerie markt Opens Fourth Store In Timisoara, Western Romania

Austrian cosmetics and fast-moving consumer goods retailer dm drogerie markt opened a new store last week in Timisoara, western Romania, its fourth in the city and 62nd in Romania.

Oana Gavrila · 20.05.2013 · 11:52 · 1 min
With 10 Hypermarkets, Cora Sells Less Than In 2008, When It Had Three
Companies

With 10 Hypermarkets, Cora Sells Less Than In 2008, When It Had Three

Retailer Cora, controlled by French-Belgian group Louis Delhaize, expanded its chain from three to 10 hypermarkets between 2010 and 2012, but this is not seen in sales, which have been stuck...

Oana Gavrila · 20.05.2013 · 00:00 · 1 min
Prysmian CEO: Government Needs To Develop Infrastructure To Allow Economy To Grow
Companies

Prysmian CEO: Government Needs To Develop Infrastructure To Allow Economy To Grow

Valerio Battista, who runs the EUR8 billion operations of the world’s largest cable manufacturer, Prysmian, says about Romania that it has made progress in the last few years, though not as...

Oana Gavrila · 20.05.2013 · 00:00 · 2 min