Companies
A 27.12% Stake In Comcereal Tulcea Traded On Bucharest Bourse For RON4.75M
A 27.12% stake in Romanian grain producer Comcereal Vaslui (CCEV.RO), similar to the stake held by investment fund SIF Moldova (SIF3.RO), was traded on the Bucharest bourse Monday morning fo...
Business Outlook: Activity Seen Falling In Constructions, Services and Retail In 1Q
Romanian companies expect the construction sector will continue decline in the first quarter of the year compared with the previous three months, while activity in retail and services will b...
Marex Group Plans To Boost Swine Production, Invests EUR8M In Green Power In 2013
Romanian businessman Marin Moraru, general manager of the Braila-based Marex group whose operations target swine farming, meat processing, alcohol and bioethanol production and agriculture,...
Posta Romana To Take RON100M Loan From 4 Banks, To Fund Working Capital
Romania’s state owned postal company Posta Romana will take a 100 million lei loan from four banks, namely Banca Comerciala Romana, Banca Transilvania, CEC Bank and Millennium Bank Romania t...
Romania Asks IMF For Extension Of Loan Arrangement
Romanian authorities asked the International Monetary Fund for an extension of the country’s EUR3.6 billion loan arrangement that will expire in April, to get more time to fulfill its commit...
Duraziv Sales Rose Slightly In 2012
Romanian building materials manufacturer Duraziv said Friday its turnover increased slightly last year from 76 million lei (EUR17.3 million) in 2011.
Blidar Terminates Contracts With Small Suppliers Due To VAT Changes
Businessman Valer Blidar, who owns the Astra Vagoane Calatori passenger rolling stock plant in Arad, said he has decided to terminate 400 contracts with small firms, with which he has worked...
Delta ACM Looking For Work In Azerbaijan
Florea Diaconu, the owner of Bucharest-based builder Delta ACM 93, is looking at Azerbaijan, Algeria and Libya for opportunities, after having got a highway construction contract in Iraq, as...
The Real Governing Program: When Inflated Expectations Clash With Reality
The revised fiscal-budgetary strategy for 2013-2015 can be considered a new governing program of the Ponta 2 Government and one closer to reality. Future policies will most likely be built a...