Companies
BNR: Romania FDI Up 20% On Year To EUR1.3B In January-October
Romanian foreign direct investment, or FDI, rose 20% on the year to EUR1.27 billion in January to October, the central bank data showed Thursday.
Businesspeople Ask For Simplification Of Government Structure Instead Of More Ministries
Instead of simplifying the administrative apparatus as it had promised to do, the ruling coalition wants to create new ministries.
Car Part Manufacturers Hired More Than 2,500 People This Year
Automotive component makers continued to hire and invest this year, a trend that started in 2011, in order to develop the business on the local market.
Coca-Cola HBC’s Value Falls By EUR280M In Five Years, Profit Halves
The market value of major soft drinks bottler Coca-Cola HBC Romania, the largest soft drinks bottler on the Romanian market, was valued at EUR414 million this year, down 20% against last yea...
Romania OKs Higher Local Taxes, Duties By Up To 16.05% In 2013
The Romanian Government approved in Wednesday meeting an increase of local taxes and duties by up to 16.05% in 2013.
Alum Tulcea Invested $10M In Upgrading Slag Dump Since 2009
Romanian alumina producer Alum Tulcea (BBGA.RO) said Wednesday it has invested $10 million in upgrading its slag dump since 2009, when it started its activity.
Bucharest Bourse Will Delist Zimtub Shares Friday
Romanian steel tubes maker Zimtub Zimnicea (ZIM. RO) will be delisted from the Bucharest Stock Exchange Friday after the country’s securities commission CNVM approved the process Tuesday.
Builder Astaldi Eyes EUR400M Revenue In Romania In Five Years
Italian-held construction company Astaldi, which built the Basarab Overpass and the National Arena stadium in Bucharest as well as the Cernavoda-Constanta highway, expects EUR150 million rev...
Emerson: 2012 Was A Very Good Year For Cluj Operations
US-held Emerson has recruited about 600 people for its plants in the Tetarom II industrial park in Cluj (NW Romania), where it currently employs 1,500 people.