Companies
End Of The Line For Poiana Sweets Plant In Brasov
Mondelez Romania, the former Kraft Foods, one of the largest sweets businesses in this country, is getting ready to sell the one hectare plot of land and one of the two facilities of the Poi...
Vosganian: Romania Received Ten Letters Of Intent For Oltchim
Romania has received letters of intent from ten prospective investors in insolvent state-run chemical plant Oltchim Ramnicu Valcea, Economy Minister Varujan Vosganian said Thursday.
Gedeon Richter Sales In Romania Up 2.9% In 1Q
Hungarian drug maker Gedeon Richter’s sales in Romania increased 2.9% in the first quarter of the year, to EUR35.3 million, as the local market still struggles to cope with massive payment d...
Terapia Ranbaxy Sales Up 10% In 1Q, To RON111M
Sales of Terapia Ranbaxy, Romania’s biggest generic drugs producer, increased some 10% in the first quarter of the year, to RON111 million, with the launch of new products and a higher empha...
E&Y: Over 60% Of Romanian Executives Said Local Business Environment Is Corrupt
Some 61% of Romanian company managers believe that corruption is widely spread in business in Romania, according to a survey conducted by Ernst&Young (E&Y).
Isarescu: Romanian Economy Could Grow More Than Projected In 2013
A good farm output could boost Romanian economic growth above the central bank’s forecast of 1.5%-1.6% in 2013, the bank’s governor Mugur Isarescu said Wednesday.
Leu-Euro Fluctuations Of 5%-6% Are Reasonable, Says Isarescu
Romania’s central bank is keeping a close eye to the leu’s evolution against the euro, but movements of 5% to 6% on either side are “reasonable,” the bank’s chief Mugur Isarescu said Wednesd...
Isarescu: Lenders Should Cut Rates To Boost Demand
Romanian central bank governor Mugur Isarescu said Wednesday that the institution’s move to cut interest rates on its standing facilities should reflect in lower loan rates on the interbank...
Wizz Air Expands Bucharest Base Fleet With New Airbus A320
Low-cost airline Wizz Air announced Wednesday it was expanding its Airbus A320 fleet at its base in Bucharest with a new airplane, bring the total number to seven.