Companies
Glencore Romania’s Manager Leaves Company After 17 Years
Leontin Suciu, who has been Glencore Romania’s manager in the last 17 years, has recently resigned from his position, citing personal reasons. The company is currently looking for a replacem...
Entrepreneurs: Tax On Revenue Lower Than EUR65,000 To Bankrupt Many SMEs
Some 250,000 Romanian firms registered losses last year and the introduction of a 3% tax on revenues of up to EUR65,000 will bankrupt many of them, entrepreneurs warned Thursday.
AdePlast Sales Up 30% In 2012 To RON185M
Romanian building materials producer AdePlast said Thursday it registered turnover of 185 million lei (EUR42.3 million) in 2012, up 30% on the year, while its net profit more than doubled to...
Kaufland Opens First Store This Year In Pascani, Eastern Romania
Retailer Kaufland Romania will open a hypermarket in Pascani, in the eastern county of Iasi, at the beginning of February, following an investment of EUR6-9 million.
IT Solutions Provider Wizrom 2012 Revenues Up 8%, To EUR6.65M
Romanian Wizrom group, provider of integrated software solutions for business management, reported revenues of EUR6.65 million in 2012, up 8% on the year, fueled by the company’s extended pa...
BNR: Romania Private Lending Down 3.5% To RON225.9B In 2012
Romanian private lending fell 3.5% in real terms to 225.87 billion lei (EUR51.7 billion) in December 2012, compared with the same month a year before, central bank data showed Thursday.
Stroe: Dacia And Ford Can No Longer Count On Romanian Sales
The 11th modification of the car pollution tax and its change into an environmental stamp duty will encourage imports of old, polluting cars, while sales of new cars will continue to decline...
Porumboiu: Romania Can Raise EUR9B To The Budget From Selling Farmland
Romania can raise EUR9 billion to the budget if it sells the 300,000 hectares of arable land currently administered by the Agency For State Domains, according to one of the largest investors...
Whoever Bought Shares In Fondul Proprietatea In First Day Of Trading Has Gained 2%
Two years after the stock exchange listing, the shares of Romanian investment fund Fondul Proprietatea (FP.RO) are traded at below the first-day trading price and below the expectations of s...