Companies
Romanian Government Eyes Changing Highway Lease Law
The Romanian Government aims to change the highway lease system so that the contract closed with the investor will state that should the investment not be recovered to the amount estimated f...
Romanian State Budget Loses RON301M Following Company Insolvencies In 2012
Company insolvencies last year and in 2013 had an impact of about 301 million lei (EUR69 million) on the Romanian state budget, according to tax authority ANAF.
Holcim Romania 2012 Cement, Clinker Sales Down 3.6% By Volume
Holcim Romania’s sales of cement and clinker dropped 3.6% by volume last year, as the local construction market saw no improvement, Swiss group Holcim announced Wednesday.
Five Top Management Changes In Electrical And Computer Retail In Six Months
The last six months brought about five top management changes in the local electrical and computer retail and manufacturing industry.
Corporations To Move 10,000 Employees Into New Offices In Bucharest
Companies such as Oracle, Raiffeisen Bank, Generali, Bitdefender, Hidroelectrica and Societatea de Constructii in Transporturi (SCT), as well as other companies in constructions and the indu...
Valeriu Stoica: Bankruptcies Bad Omen For Lawyers
Lawyer Valeriu Stoica, former justice minister and a leading member of the opposition Democratic Liberal Party, says he divides his time between law firm Stoica & Asociatii, his activity as...
Just One Bid Received For Romanian Port Operator IPO
Romania’s Transport Ministry has received just one bid from brokerage Swiss Capital for its planned initial public offering of 5% in the Constanta maritime port operator at the Black Sea.
Laminorul Braila Appoints New CEO
Romanian steel maker Laminorul Braila (LMRU.RO) has appointed Katylkou Hleb to act as interim general manager until end April, the company said in a statement Tuesday.
Romanian Insurance Market Sees 5.8% Growth In 2012 After Three Years Of Decline
The Romanian insurance market posted 5.8% growth last year, to 8.27 billion lei (EUR188 million), after declining nearly 12% in 2009-2011, from RON8.87 billion to RON7.82 billion, the countr...