Companies
DeLonghi To Start Household Appliance Production At Its Romanian Plant In Mid-February
Italian household appliances producer DeLonghi will start production at its Romanian plant in Jucu, northwestern Romania, in mid-February, Cluj County Council head Horea Uioreanu said Tuesda...
Drugmaker Antibiotice Sees 17% Higher Exports In 2013, After FDA Audit
Romanian state-run drug producer Antibiotice Iasi (ATB.RO) forecasts 17% higher exports in 2013 from $20 million in 2012, fueled by expanded partnerships on the US market as well as on other...
Association: Romania’s Special Tax On Natural Resources To Hurt Constructions Market
The representatives of the Romanian Association of Road Transporters in Constructions (ATRC) on Tuesday said the draft decree levying a special tax of 0.5% on the revenues of companies explo...
Aegon To Take Over Eureko's Life Insurance And Pension Business In Romania
Dutch insurance group Aegon announced Tuesday it will take over Eureko's life insurance and pension business in Romania, further strengthening Aegon's position in the Central and Eastern Eur...
Valmar, APIA: Environment Stamp Duty Properly Calculated
The environmental stamp duty computational formula complies with the requirements of the European Commission and will help reduce imports of polluting cars, says Brent Valmar, vice-president...
Medicover Expects Hospital Revenue To Double In 2013
Medicover, one of the largest operators in the private medical service business expects revenue for its hospital in Bucharest to “at least” double this year compared with 11.7 million (EUR2....
Analysts Have Different Stance On Whether To Buy Petrom Shares Or Not
The analysts of Austrian group Erste Bank (EBS) have changed their opinion on the shares of oil company OMV Petrom (SNP.RO) after the Government announced it would levy tax on the additional...
Sika Romania Eyes 5% Higher Turnover In 2013, To EUR21M
Building materials producer Sika Romania, the local subsidiary of Swiss group Sika, estimates a 5% increase in turnover in 2013, to nearly EUR21 million.
Romania To Sell Majority Stake In CFR Marfa By Mid-May
Romania’s government has pledged to sell a majority stake in state-run freight rail company CFR Marfa by mid-May, with the deal to be complete once “all conditions in the sale-purchase agree...