Companies
Insurers Moderately Optimistic, See Single-Digit Growth In 2013
The insurance industry could grow this year but do it at a slow pace, as few insurers see double-digit growth. Most of them, however, do expect growth to return to this market in 2013 after...
Gefco Sees Its Romanian Business Growing Via Russia
Gefco Romania’s turnover growth will be driven this year by trade with countries such as Russia, Kazakhstan and even China, as traditional countries for Romanian exports, Western European co...
Casuneanu’s Sons, Belgian Investor Build 100-M Tower Near Unirea Square
The sons of Romanian entrepreneur Costel Casuneanu, Costel (29) and Ionut Casuneanu (26), owners of major construction firm Pa & Co International, will build an office tower in central Bucha...
CEO: A&D Pharma Could Reach EUR1 Billion Revenue In Two Or Three Years
A&D Pharma, the largest local pharmaceutical group, could reach EUR1 billion in consolidated revenue “in two or three years at most”, says its chief executive officer Robert Popescu.
Blue Air Cancels $462.2M Order To Buy Five Boeing Planes
Romania’s low-cost airline company Blue Air Wednesday said it annulled a $462.2 million order placed in 2008 for buying five Boeing 737 planes scheduled for delivery between 2015-2016, fuele...
Romania Might Introduce Lump-Sum Tax On Several Services
Romania might introduce a lump-sum tax to target only some services, including bread-and-breakfast units, hotels, restaurants, beauty salons and carwashes, Romanian Minister-delegate for Tou...
ARPIM Names Johnson&Johnson Romania’s Head As President
Romanian Association of International Drug Producers ARPIM named the head of pharmaceutical company Johnson&Johnson Romania, Efthymios (Makis) Papataxiarchis, as president in December, inste...
Employers Will Seek To Hire Staff In IT/Telecom, Sales, Engineering And Finance This Year
Companies in IT/Telecom, sales, engineering and finance will be the biggest employers in Romania this year, according to an analysis by recruitment website BestJobs.ro achieved based on labo...
Companies’ Losses Upset GDP Calculations Of Statistics Institute
One explanation for the difference between preliminary GDP data and the “almost final” GDP data could be that companies’ losses increased after they could not factor in their higher raw mate...