Companies
TMK Artrom Ends First Quarter With RON219.3M Turnover
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, had a turnover of RON219.3 million (EUR50 million) in the first quarter, and losses of RON1.2 million (near...
UAMT Oradea Revenues Up 27% in 1Q, To RON33M
Revenues of Romanian car parts maker UAMT Oradea (UAM.RO) increased 27.4% in the first quarter, from RON25.9 million to RON33 million, and its net profit increased from RON169,000 to RON3.3...
Minister: Romania’s Planned Lump-Sum Tax To Consider Certain Indicators On Activity Fields
Romania’s planned lump-sum tax will be computed as a fixed amount in ratio with certain indicators for each field of activity, Romanian Minister-delegate for Tourism and Small and Medium Ent...
Romanian SMEs Deplete RON16M Support Scheme Budget In Two Weeks
The 16 million lei (EUR3.64 million) budget for Romania’s SME support program, allowing small and medium-sized businesses to take state-subsidized loans, has been depleted just two weeks fro...
INS: Adjusted Construction Works Down 5.1% On Year In 1Q
Romanian construction works fell 5.1% in the first three months of 2013 from the year-earlier period, due to a 13.5% drop in new constructions, the statistics institute INS said Monday.
Romania Average Net Wage Rises 4.1% In March
Romanian average net salary rose 4.1% to 1,617 lei (EUR387) in March, from RON1,553 a month earlier, largely boosted by one-time bonuses, the statistics institute INS said Monday.
EBRD Financing To Romania Higher Than EUR600M In 2012
The business volume of the European Bank for Reconstruction and Development (EBRD), a multilateral financial institution which includes Romania among its shareholders, stood at EUR612 millio...
Aerostar Bacau 1Q Revenues Up 6%, To RON52.7M
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) had revenues of RON52.7 million in the first quarter of the year, up 6% on the year, and its profit rose 35%, to RON5.5...
Craiova-Pitesti Highway Investment To Be Recouped From Road Tolls In Up To 60 Years, Twice The Concession Period
The investment in the Craiova-Pitesti highway or expressway, which is set to be built under concession for EUR1,7 billion or around EUR40 million per km, will be recouped only from road toll...