Companies
MOL Fuel Sales In Romania Up 4% In 2012
Hungary’s oil and natural gas company MOL said Tuesday it sold 469,000 tons of fuel in Romania last year, up 4% from 451,000 tons in 2011, driven by higher diesel fuel sales.
Romanian Entrepreneurs Who Outranked Multinationals In The Ranking By Counties
Only seven Romanian private companies are market leaders in the ranking by counties, while most of the no. 1 companies in the 42 Romanian counties are multinationals, shows a ZF analysis bas...
Allview Takes Tablets And Smartphones To Bulgaria
Brasov-based Visual Fan, which sells various electronics branded as Allview, introduced its own tablet and smartphone line on the Bulgarian market, sales manager Alin Niscov told Ziarul Fina...
Major Owners Made EUR350M From Real Estate In 2012
The ten largest investors on the local real estate market made EUR350 million revenue from malls and office space last year, while some of the groups even saw an increase by 20% to 30% in re...
Bogdan Ion, Ernst & Young: Romania Needs To Breed Local Entrepreneurs
One of Romania’s structural problems is that it does not have enough medium-sized entrepreneurs with local capital that are able to expand regionally, so one needs to encourage local players...
Largest Stock Exchange Investor Buys RON106M Worth Of FP Shares Since Start Of The Year
The purchases of US hedge fund Elliott in Fondul Proprietatea (FP.RO) have intensified since the beginning of this year, with the US fund bringing several million lei into the Bucharest stoc...
Romania Seeks Offers For 51% In Posta Romana
Romania’s Ministry for the Information Society is seeking a strategic investor that will acquire a 51% in state-run postal company Posta Romana and is waiting for offers until April 11, the...
Mega Image Opens Two New Stores In Bucharest, To 200-Unit Network
Retailer Mega Image, part of Belgian group Delhaize, will open two new stores Friday, in capital city Bucharest, bringing its Romanian network to 200 units, the retailer said.
GTS Telecom Services Down To EUR20M In 2012, Operating Profit Up To EUR5M
GTS Telecom Romania had revenues of EUR20 million last year, down 15% from 2011, and an operating profit (EBITDA) of EUR5 million, up 10% on the year.