Companies
More Than 200,000 Romanian Companies Have No Employees
More than 40% of the small and medium-sized enterprises in Romania, or 215,000 companies, have no employees. Their number surged in 2008-2011, reveals a ZF analysis of the Trade Registry dat...
Elliott and City Of London Among the Deciders In Romania's Economy
Two U.S. groups, Elliott Associates and City of London Investment Management Company, are among the largest investors in Romania after having spent EUR400 million on Fondul Proprietatea (FP....
Hervis Expects Two-Digit Growth Despite Slower Start In 2013
Sporting goods retailer Hervis expects a two-digit growth in Romania for 2013 despite a slower start of the year compared with 2012, general manager Catalin Pozdarie said.
Romania’s Top Leasing Companies In 2012
UniCredit Tiriac Leasing, which is affiliated to UniCredit Tiriac Bank, last year kept its position as unchallenged leader of the market, with an over 20% share of new financing in 2012. No....
Sarantis Romania Turnover Up 8% In 1Q, To EUR7.64M
Greek group Sarantis, owner of cosmetics producer Elmiplant, announced its turnover from Romanian operations increased 8.1% in the first quarter of the tear, to EUR7.64 million, from EUR7.07...
Ductil Buzau Sees Turnover Up 8% This Year, To RON160M
Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) estimates it will reach sales of 160.1 million lei (EUR36.8 million) in 2013, 8% higher than the RON148 million posted l...
Nine Investors Interested In Romanian Low-Cost Airline Blue Air
Romanian low-cost airliner Blue Air, up for sale, announced Wednesday it received bids and letters of intent from nine prospective investors, mostly foreign.
Eurolines Opened 11 Agencies In January-April, Reaching 75 Units Countrywide
Romanian tourism group Eurolines, owned by businessman Dragos Anastasiu, opened 11 agencies in the first four months of the year, reaching a network of 75 agencies countrywide.
BNR: Private Lending Inches Up To RON223.8B In March
Romanian private lending inched up 0.5% in real terms to 223.8 billion lei (EUR51.38 billion) in March, from RON222.7 billion a month earlier, central bank data showed Wednesday.