Companies
Bucharest Stocks End Higher, Amid Low Liquidity
The Bucharest stock exchange closed higher Wednesday, in low liquidity.
German Conergy Opens Photovoltaic Park In Southern Romania
Germany’s Conergy Wednesday said it will enter the Romanian market by opening a photovoltaic park of 2.2 MW near the southern city of Craiova, in partnership with Solanna Investment.
New Car Registrations In Romania Declined Twice As Fast As In EU In 2012
New car registrations in Romania declined 18.7% in 2012, to 66,436 units from 81,709 the previous year, a decline twice as sharp compared to the EU auto market which fell 8.2%.
Romanian Railway Employees Stage Spontaneous Strike, Dozens Of Trains Held Up
A part of the employees of Romania’s passenger railway company CFR Calatori went on a wildcat strike for two hours Wednesday morning, preventing 89 trains from leaving on time and stopping d...
Energy Company Romelectro To Take Part In International Auctions Worth $400M
Romelectro Bucuresti, one of the largest providers of services for the energy industry in Romania, will take part in international auctions for projects worth a total of over $400 million (a...
Former Xerox Manager To Run IBM Romania
U.S. company IBM, the world’s largest provider of IT services, recruited Valeriu Nistor, former general manager of Xerox Romania and then of Xerox Austria, to run the Romanian subsidiary of...
Bucharest Stocks End Down, Second Time In Last 20 Sessions
The Bucharest stock exchange closed lower Tuesday, for the second time in the last 20 sessions, while lender Carpatica (BCC.RO) mirrored the market trend and ended down 0.87% after the incre...
SME Council: Minimum Wage Raises Must Consider Productivity To Avoid Small Business Bankruptcy
Representatives of Romanian small and medium-sized enterprises support the increase of the minimum wage to 800 lei (EUR182) in 2013 but warn that minimum wage raises must be correlated with...
Bucharest Bourse Opens Down Amid Low Liquidity
The Bucharest stock market opened lower Tuesday, amid low traded volumes.