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BNR: Romania FDI Down To EUR163M In January-February
Macroeconomics

BNR: Romania FDI Down To EUR163M In January-February

Romanian foreign direct investment, or FDI, fell to EUR163 million in the first two months, from EUR192 million in the year-earlier period, the central bank said Monday.

Bogdan Neagu · 15.04.2013 · 11:35 · 1 min
Romanian Accessories Retailer Meli Melo Expands To Bulgaria, Russia
Retail&Consumer

Romanian Accessories Retailer Meli Melo Expands To Bulgaria, Russia

Accessories and jewelry retailer Meli Melo Paris opened its first store in Sofia, Bulgaria at the end of March, following a EUR100,000 investment, and plans to open a store in Moscow, Russia...

Oana Gavrila · 15.04.2013 · 11:26 · 1 min
Romanian Video-On-Demand Platform Voyo Has 1 Million Accounts
Media · ZF MOBILIO '13

Romanian Video-On-Demand Platform Voyo Has 1 Million Accounts

Romanian video-on-demand online platform Voyo has reached one million accounts, said Costi Mocanu, senior vicepresident, head of Voyo, CME, at the ZF Mobilio conference on Monday.

Oana Gavrila · 15.04.2013 · 11:07 · 1 min
Alcedo Builds Grain Silos For Farmers Not Working With Major Traders
Companies

Alcedo Builds Grain Silos For Farmers Not Working With Major Traders

Alcedo, one of the largest distributors of plant protection products, fertilizers and certified seeds in Romania, is building grain storage silos in key agricultural counties like Braila, Ti...

Ecaterina Craciun · 15.04.2013 · 00:00 · 2 min
Brick Maker Cemacon Zalau Sees Turnover Topping RON50M This Year
Companies

Brick Maker Cemacon Zalau Sees Turnover Topping RON50M This Year

Romanian brick maker Cemacon (CEON.RO) said Friday it estimates its turnover will reach around 50 million lei (EUR1.1 million) this year, up more than 40% from RON34.5 million in 2012.

Oana Gavrila · 12.04.2013 · 10:54 · 1 min
Romanian Entrepreneurs Go Insolvent Because They Grew Through Loans - Specialist
Companies

Romanian Entrepreneurs Go Insolvent Because They Grew Through Loans - Specialist

The 20 years of entrepreneurship in Romania since the 1989 revolution have not been enough to create a generation of business people, with most entrepreneurs starting from scratch, with no f...

Oana Gavrila · 12.04.2013 · 08:13 · 2 min
Kaufland Considers Opening Stores In Malls
Companies

Kaufland Considers Opening Stores In Malls

Kaufland, the largest retailer in Romania, plans to open stores in the local malls after having preferred standalone stores or stores in retail parks, sources close to the company say.

Oana Gavrila · 12.04.2013 · 08:11 · 1 min
Romania Allots RON16M For SME Support Program In 2013
Banks-Insurance

Romania Allots RON16M For SME Support Program In 2013

Romanian small and medium-sized enterprises (SMEs) will be able to submit financing requests starting Monday, April 15, through state-supported program Mihail Kogalniceanu.

Ioana Tudor · 11.04.2013 · 17:54 · 1 min
Vosganian: Romania To Start Privatization Wave With Plafar, Sanevit Next Week
Health

Vosganian: Romania To Start Privatization Wave With Plafar, Sanevit Next Week

Economy Minister Varujan Vosganian on Thursday said Romania will set off next week the privatization proceedings for state-owned pharmaceutical company Plafar and state-run medical equipment...

Ecaterina Craciun · 11.04.2013 · 16:06 · 1 min