Companies
Romania Resumes CFR Marfa Privatization, Relaxes Prequalification Conditions
Romania has relaxed some of its requirements and resumed the sale process for 51% in its state-owned freight railway carrier CFR Marfa after all three investors interested in the company fai...
Romaqua Group Invested Over RON200M In Its Brewery In Sebes Since 2008
Romanian Romaqua Group has invested over 200 million lei (EUR46.1 million) over the past five years in its brewery in Sebes, central Romania, where it makes 60,000 liters of beer per hour, t...
Bankrupt Armonia Braila Fails To Attract Buyers At EUR15M, Creditors Might Lower Price Again
Bankrupt shopping center Armonia Mall in Braila, eastern Romania has failed to attract a buyer despite a 30% cut in the asking price, to EUR15 million, and its creditors might have to lower...
IMF, Romania Seek Solutions For CFR Marfa Sale
The International Monetary Fund is discussing with Romanian authorities on the steps to be taken after none of the investors interested in state-owned freight railway carrier CFR Marfa prequ...
Romanian Intercontinental Loss Narrows 41% In 1Q
Romanian hotel operator Compania Hoteliera Intercontinental (RCHI.RO) Wednesday said its loss narrowed 41% to 1.3 million lei (roughly EUR0.3 million) in the first quarter, from RON2.2 milli...
Electrocarbon Profit More Than Halves In 1Q
Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) Wednesday said its first-quarter net profit more than halved on the year, hit by lower sales.
Cargus To Invest EUR4M This Year, Of Which EUR3.2M To Renew Vehicle Fleet
Domestic courier company Cargus International will invest EUR4 million this year, of which EUR3.2 million will go into renewing its car fleet, and has launched a new logo, which will adorn a...
BNR: Romania FDI Falls To EUR211M In First Quarter
Romanian foreign direct investment, or FDI, fell to EUR211 million in the first quarter, from EUR360 million in the year-earlier period, the central bank said Wednesday.
Comelf 1Q Revenues Up 11.5%, To RON40.7M
Romanian industry equipment maker Comelf Bistrita (CMF.RO) said its first-quarter revenues rose 11.5% on the year to 40.7 million lei (EUR9.39 million), from RON36.5 million in the same peri...