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Cora Starts Selling Food Products Online
Retail&Consumer

Cora Starts Selling Food Products Online

Retailer Cora, which operates a 10 hypermarket chain in Romania, will introduce the coradrive.ro service in this country, which allows customers to shop online and pick up the products in st...

Manuela Panescu · 19.03.2013 · 00:00 · 1 min
Transelectrica Names Ex-Economy Ministry Secretary As Supervisory Board Head
Energy

Transelectrica Names Ex-Economy Ministry Secretary As Supervisory Board Head

Romania’s state-run power grid operator Transelectrica (TEL.RO) Monday named Dumitru Parvulescu, former deputy secretary general with Economy Ministry, as president of the company’s Supervis...

Manuela Panescu · 18.03.2013 · 19:46 · 1 min
Prodplast Eyes Switching To Profit In 2013 After RON2.1M Loss In 2012
Companies

Prodplast Eyes Switching To Profit In 2013 After RON2.1M Loss In 2012

Romanian plastics producer Prodplast Bucuresti (PPL.RO) estimates to return to profit in 2013, as production has resumed, after it reported loss of 2.1 million (EUR486,000) in 2012 as a resu...

Ecaterina Craciun · 18.03.2013 · 17:46 · 1 min
Adrian Misu Manolache Named General Manager Of Romanian Lottery
HR

Adrian Misu Manolache Named General Manager Of Romanian Lottery

Adrian Misu Manolache was appointed general manager of the Romanian National Lottery on March 13 to replace Dan Alexandru Ghita, the company said in a statement Monday.

Ioana Tudor · 18.03.2013 · 17:20 · 1 min
Ruxandra Bandila Takes Over As Strategy and Business Development Director Of Lafarge Romania
Companies

Ruxandra Bandila Takes Over As Strategy and Business Development Director Of Lafarge Romania

Ruxandra Bandila will take over the position of strategy and business development director of cement maker Lafarge Romania, starting April 1, 2013, the company said in a statement Monday.

Ecaterina Craciun · 18.03.2013 · 14:25 · 1 min
Gealan Romania Expects 10% Higher Sales In 2013
Real Estate

Gealan Romania Expects 10% Higher Sales In 2013

PVC profiles maker Gealan Romania kept its sales steady in 2012 and estimates its turnover will climb some 10% this year supported by direct exports and the increase of its portfolio.

Ioana Tudor · 18.03.2013 · 14:08 · 1 min
Terapia Ranbaxy To Pay Out Dividends Of RON70M For 2012
Health

Terapia Ranbaxy To Pay Out Dividends Of RON70M For 2012

Romanian pharmaceutical company Terapia Ranbaxy will pay out a gross dividend of 0.28 lei (EUR0.06) per share to its shareholders from the profit registered in 2012.

Ioana Tudor · 18.03.2013 · 13:44 · 1 min
Geothermal Energy May Attract EUR1.5B To Be Productive. What’s Missing To Start Up?
Energy

Geothermal Energy May Attract EUR1.5B To Be Productive. What’s Missing To Start Up?

Romania’s energy potential from geothermal sources could be evaluated at about EUR1.5 billion, based on the data on investments accomplished up to date and the most recent studies in the fie...

Manuela Panescu · 17.03.2013 · 17:14 · 5 min
Mechel Targoviste Downsizes Staff Within Reorganization Plan
Companies

Mechel Targoviste Downsizes Staff Within Reorganization Plan

Romanian steel maker Mechel Targoviste (COS.RO), which has recently entered insolvency, Friday said it has approved a new organizational chart and will lay off 512 employees.

Ioana Tudor · 15.03.2013 · 17:39 · 1 min