Companies
Construction Companies Lead Rise On Stock Market In Q1
The Bucharest Stock Exchange ended the first quarter higher, but performance is far from the first quarter of 2012, both in terms of indices and traded value.
Kronospan Invests EUR40M In Doubling Production Capacity
Kronospan Romania, one of the leading players in the Romanian wood processing industry, will this year finalize an around EUR40 million investment in doubling the production capacity of OSB...
Five Years Of Crisis Drive 90,000 Companies Into Insolvency
No part of Romania has escaped insolvency in the last five years, when one company for every 200 people defaulted.
SMEs May Access Annual Credit Lines Of Up To RON0.4M With Subsidized Interest
Small and medium-sized enterprises (SMEs) in Romania will be able to access annual credit lines capped at 400,000 lei (EUR90,600) per firm starting April 4 through the state-supported “Mihai...
Romania’s Grain Production Fell 39% In 2012 To 12.7 Mln Tons
Romania’s corn and wheat production fell 52% and 28.4%, respectively, last year and the crop yield was the lowest in the European Union despite the country’s large cultivated areas, statisti...
Romania’s Furniture Exports Decline On Biggest Markets, But Rise In UK
Romanian furniture manufacturers exported furniture of almost EUR700 million to the country’s top three export destinations last year, but all three markets recorded declines, shows data of...
Michelin’s Operations In The Region Run From Romania
Michelin has decided to reorganize its commercial operations in Central and Southern Europe and will make Bucharest into its regional center as of January 1, 2014, supervising operations in...
Economy Ministry Does Not Know How Many SMEs Were Set Up Or Dissolved Last Year
The crisis erased 135,000 small and medium-sized companies from the Romanian economy, with 385,000 employees left without a job between 2008 and 2011, shows a ZF analysis based on Trade Regi...
Romanian Savers Split Up Deposits, Isarescu Says
Romanian central bank governor Mugur Isarescu Thursday said households have started to split up their bank deposits amid concern over the situation in Cyprus.