Companies
Transport Ministry Wants To Upgrade Constanta Port For EUR50M
Romania’s Transport Ministry wants to invest 215.8 million lei (EUR47.3 million) in upgrading the Constanta port by deepening its sailing line and basins, as well as increasing transport saf...
Romania Antitrust Probe Into Lottery Contracts Completed In 2H
Romanian antitrust regulators will finish in the second half of the year a probe into alleged damaging contracts signed by the National Lottery Company and two Greek companies, the head of t...
Hidroelectrica May Get Fined If Energy Deal Inquiry Proves It Breached Law
Romania’s Competition Council and the European Commission (EC) will complete separate inquiries into state-owned hydropower producer Hidroelectrica’s bilateral energy deals in the second hal...
Major Farmers Rent Government Land Almost For Free
One hundred Romanian farming companies have leases signed with the State Property Agency for 220,000 hectares of land, most of them for 49 years.
Stihl Romania Turnover Slightly Up In 2012, Seen Up To 10% Higher In 2013
German power tool producer Stihl reported slightly higher sales in Romania in 2012 from 102.6 million lei (EUR24.2 million) in 2011, and expects 5% to 10% higher turnover in 2013, mainly bac...
Rompetrol Worried About Cheaper Oil From Serbia - Economy Ministry
Romania’s second-biggest oil group Rompetrol has expressed concern over potential cheap oil imports from Serbia after the latter has signed a trade agreement with the European Union, the Eco...
Coface: Insolvency Rate Among Micro-Enterprises In Romania Up In Faster Pace In Last 2 Years
The number of micro-enterprises in Romania going insolvent over the past two years has grown by 14.5% annually, accounting for 85% of overall business insolvencies in 2012, compared to 78% i...
Stake Of New Property Restitution Law: EUR11B Worth Of Land And Forests
Land owned by research institutes and half of Romania’s forests worth about EUR11 billion euros together are the huge stake of the new property restitution law.
Largest 50 Companies With Cyprus-Based Shareholders
Many of Romania’s important entrepreneurs, like Ion Tiriac, Radu Timis, Mihai Miron and Puiu Popoviciu, own companies whose shareholders include Cyprus-based entities.