Companies
Romania Delays Again Key Privatizations; Timeframe Moved To December 2013
Romania’s government has extended by yet another year the deadline by which it plans to sell minority stakes in key state-run companies, according to a draft executive decision approved Tues...
Ameropa Holding Starts Delisting Chimpex Constanta From Bucharest Bourse
Romania’s securities commission CNVM has decided Swiss grain trader Ameropa Holding AG may delist Romanian port operator Chimpex Constanta (CHEM.RO).
Romania’s Telecom Market Up 3.5% In 1H, To RON7.5B
The Romanian telecommunications market increased 3.5% in the first half of the year, to 7.48 billion lei (EUR1.64 billion), boosted by higher revenues form internet access, mobile telephony...
Roche Expects Growth Of Up To 5% In 2013, General Manager Says
Roche Romania, the local division of Hoffmann la Roche, estimates this year’s growth stands at no more than 5%, compared with the EUR214 million of 2011.
Businessman Ovidiu Tender Happy With 2012 Performance
The year 2012 was very good, says businessman Ovidiu Tender, because it was a year when he made acquisitions and signed deals for geological exploration.
Portuguese Builder Mota-Engil Leaves Romanian Market
Construction group Mota-Engil, which started operations in Romania in 2007 and worked on such projects as Nusco Tower, Doamna Ghica Plaza and Pipera-Tunari overpass has decided to leave this...
Bucharest Authorities Want To Contract Credit Lines Of About EUR100M
Bucharest’s sector 6 city hall wants to contract a credit line of up to 240 million lei (EUR53.8 million) to finance building thermal rehabilitation projects, and the capital’s sector 4 mayo...
Policolor Reports 16% Higher Turnover In First 10 Months
Policolor, one of the largest players on the Romanian paint and enamels market, on Monday said its turnover rose 16%, calculated in euro, in the first ten months of the year, as the local pr...
Artego Expects To Pay RON5M Dividends From 2012 Profit, Double On Year
Romanian rubber bands maker Artego Targu Jiu (ARTE. RO) on Monday said it estimates to pay its shareholders gross dividends of about 5 million lei (EUR1.1 million) from this year’s profit, m...