Companies
How Much Does It Cost To Stay In The Brokers’ Club?
The management of the Bucharest Stock Exchange (BVB) wants to introduce a fixed fee of 3,500 lei per month for brokerage firms and cut the value of variable fees from the value of transactio...
Romenergo: Romania Has Lost Its Major Competitive Edge As A Low-Cost Supplier
Romenergo, a company that has been active for over 35 years in the energy sector, says as the country has become de-industrialized, companies that used to have a rich activity on foreign mar...
Arctic Finds Growth Outside European Union
Home appliances manufacturer Arctic increased exports by 25% last year and its best markets were Iraq, South Africa, Turkey and Ukraine.
Rombat Sees Auto Market Flat At Best
Rombat Bistrita, Romania’s largest car battery manufacturer, expects the auto market to be flat in 2013 after five years of decline.
Rulmenti Barlad Posted $7M Profit In 2012
Romanian ball bearing maker Rulmenti Barlad (RBL.RO), owned by Turkish holding Kombassan, Wednesday said its profit was at $7 million in 2012, down 30% from the targeted amount due to a lowe...
S.African NEPI In Negotiations To Acquire The Lakeview Building
South-African investment fund New Europe Property Investment (NEP.RO) is in negotiations to acquire The Lakeview offices in Bucharest, owned by US group AIG Lincoln and businessman Dinu Patr...
UK Ambassador Says Romania Has To Sell State-Owned Companies
State-owned companies are “like a stone around Romania’s neck” and hold back the country’s growth, which Romania cannot afford, Martin Harris, the UK’s ambassador to Bucharest, told ZF in an...
Adrem Invest: A Country’s Economy Is Made Of Major Projects, Not Production Of Screws
Adrem Invest, a Romanian-held company specializing in industrial equipment, says state support for Romanian companies in major international auctions can be key to developing the local indus...
Romanian Builder Bids For Apartment, Hospital Construction In Libya
Construction company Building Astrom based in Arges County (southern Romania) is bidding for projects in Libya, where it wants to build homes, private hospitals and infrastructure.