Companies
Romanian Executives Optimistic About Economy In 2Q
Romanian executives estimate all economic sectors will see higher activity levels in the April-June period compared with the previous three months, the statistics institute INS said in a sur...
Romanian Antitrust Body To Look At Medical Services Market
Bogdan Chiritoiu, head of the Romanian Competition Council, has announced that the institution will start an analysis of the medical services market in general, with there being “indications...
Romgaz Boasts Record Net Profit Of EUR280M
The largest Romanian gas producer is once again also the most profitable state-run company, as Romgaz posted an all time high net profit of 1.24 billion lei (around EUR280 million) in 2012,...
Chief Operating Officer Of UPC Romania Leaves Company
Iulia Florea, chief operating officer of UPC Romania – one of the largest players on the Romanian communications market, will leave the company shortly, before her term expires, sources from...
Indian Group Tata Buys U.S. Cambric, With EUR5M Business In Romania
Tata Technologies, a division of Indian group Tata Motors, has bought U.S.-based engineering firm Cambric Corp., which has three development centers in Romania with turnovers of EUR5 million...
EBRD To Arrange EUR200M Syndicated Loan For Romania’s Turceni Power Plant Modernization
The European Bank for Reconstruction and Development (EBRD) will contribute through a EUR200 syndicated loan scheme to the financing of a EUR266 million modernization and rehabilitation proj...
Marfin Bank Romania Takes Over Deposits, Assets Of Bank Of Cyprus Romanian Unit
Marfin Bank Romania has taken over deposits of EUR77 million and gross assets of EUR82 million from the Romanian unit of Bank of Cyprus, the two lenders announced Friday.
Romania To Set Up New Company For Rosia Montana, Expects Billion Of Dollars In Revenue
Romania’s government will set up a new company to deal exclusively with the Rosia Montana gold mining project, which it expects will bring several billion dollars to the state budget, could...
Trade Registry: Around 4,500 Romanian Firms Went Insolvent In 1Q/2013
Romania’s Trade Registry on Friday said the number of companies going insolvent in the first quarter of 2013 rose slightly to 4,472, compared to 4,414 in the same period a year ago.