Companies
New Owner Expects EBITDA Break-even From Mechel's Former Plants In Targoviste, Buzau
Bucharest-based Invest Nikarom, the new owner of Mechel’s former steel plants in Romania, expects the two units in Targoviste and Buzau to post zero EBITDA (earnings before interest, tax, de...
Romania Central Bank Leaves Key Rate At 5.25%
Romania’s central bank kept its key rate unchanged at 5.25% for the eight consecutive meeting Thursday, a day after the bank’s chief warned of lingering inflationary expectations.
Holzindustrie Schweighofer Invests EUR150M In New Wood Processing Plant In Romania
Austrian group Holzindustrie Schweighofer on Thursday said it will invest EUR150 million in a wood processing plant in Covasna county, central Romania, that will create 650 new jobs.
Swiss Group Sika To Open Second Romanian Plant In September
Building materials producer Sika Romania, the local subsidiary of Swiss group Sika, will open a dry mortar plant in Cluj county, northwestern Romania, in September.
Largest Insolvency Firms In Romania Posted Over RON100M Revenue In 2012
In almost five years of decline for the local business sector the likes of which it has not seen in decades, a new kind of consultants has established itself on the market.
Henkel Close To Opening New EUR11M Plant In Romania
Henkel is getting ready to open the first major adhesives plant in Moldova, in Roznov, Neamt County (NE Romania) at a time of low investment, dwindling demand and many insolvencies and bankr...
UniCredit Leasing Granted Financing Of EUR274M In 2012, Up 6% On Year
Romania’s UniCredit Leasing Corporation said Wednesday it granted new financing worth EUR274.7 million in 2012, up 6% on the year.
BNR: Overdue Loans Rise To RON30.1B In February
Romanian overdue private loans rose 2.85% on the month to 30.1 billion lei (EUR6.83 billion) in February, amounting to roughly 13.4% of the total lending, central bank data showed Wednesday.
Romanian Government Approves RADET- ELCEN Merger - Sources
Romania’s government approved Wednesday the merger of heating distributor RADET and thermal power producer ELCEN, people close to the matter told Mediafax Wednesday.