Companies
Privatization Announcement For CFR Marfa To Be Published Friday
Romanian Prime Minister Victor Ponta on Wednesday said the privatization announcement for state-owned freight railway carrier CFR Marfa will be published Friday, April 5.
Wizz Air Introduces Bucharest–Dubai Flights Late October
Low-cost airliner Wizz Air will operate three flights a week on the route Bucharest-Dubai, starting October 29, which are already open for reservations, the company said Wednesday.
Romania’s Applying Lower VAT On Bread Depends On Reverse Taxation For Cereal
Romania’s Government will decide whether to apply a lower sales tax, of just 9% instead of 24%, on bread alone or the entire wheat-bread chain depending on the European Commission’s plans re...
Romania Economy Grew Better Than Expected At 0.7% In 2012
Romania’s economy grew at a faster 0.7% than previously estimated in 2012, reflecting a smaller negative impact from industry and a positive contribution of the retail sector, revised data f...
Autoliv Invests EUR25M To Expand Production Capacity
Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of Sweden’s Autoliv, plans to invest more than EUR25 million to expand production capacity this year.
Major Real Estate Investors Have EUR1.9B Debt For EUR3.1B Assets
Two thirds of the major real estate assets – malls and office buildings – in Romania are for the moment held by financing banks, reveals a ZF analysis.
Abris Capital Partners Concludes Acquisition Of Delivery Firm Cargus
Private equity fund Abris Capital Partners Tuesday said it completed the takeover of Romanian parcel delivery company Cargus International from Deutsche Post DHL.
Nita: Romanian Energy System Must Be Reorganized
Romania's energy system must be reorganized as a result of the market liberalization and the splitup of companies on types of resources, minister in charge Constantin Nita said Tuesday.
Agricover 2012 Turnover Up 5% On Year, To RON970M
Romanian agribusiness group Agricover posted a turnover of 970 million lei (EUR219 million) last year, up 5% on the year, but its EBITDA (earnings before interest, tax, depreciation, and amo...