Companies
Conpet General Manager Resigns After Being Elected MP
The general manager of Romanian state-run oil transporter Conpet Ploiesti (COTE.RO), Nicolae Alexandri, resigned Monday after being elected deputy in Prahova county from the Ruling Coalition...
FM Romania Mulls Expanding Operations
Logistics and transport company FM Romania, part of French group FM Logistic, is considering expanding its local operations.
Construction Firm Romstrade Enters Insolvency
Romanian construction company Romstrade has entered into insolvency proceedings after the Giurgiu Court approved the request filed by Iasi-based firm Agroindustrial Construct and appointed C...
Arcon Sales Rise To EUR28M In January-October
Romanian waterproofing and thermal insulation systems producer Arcon said Tuesday its sales amounted to about EUR28 million in the first ten months of 2012, up 17% on the year, and confirmed...
Less Than 20% Of Romanian Employers Will Be Hiring In 1Q 2013
Only 17% of employers in Romania will be hiring new staff in the next three months and hiring plans are more pessimistic than three months ago, according to a survey by ManpowerGroup Romania...
Romania Puts Two Vital Highways Up For Concession: Craiova-Pitesti And Ploiesti-Focsani
The national roads authority in Romania (CNADNR) intends to put up for concession two contracts for designing and building Craiova-Pitesti and Ploiesti-Buzau-Focsani highways, which are set...
Arcon Boss Says 2012 A Very Difficult Year
The construction supplies market has had quite a difficult 2012 and will not see a steady rebound until 2014, says Ioan Titeiu, who owns Arcon Sfantu Gheorghe, one of the largest Romanian-ow...
Three Investment Funds Own As Much Land As Major Romanian Farmers
Investments funds Mintridge International (UK), Agriinvest (Denmark) and AL+M (Switzerland) own about 27,000 hectares of arable land in Romania, as much as some of the major Romanian farmers...
FAN Courier Sees Turnover At RON240M In 2012
Romanian courier services provider FAN Courier registered turnover of 196.8 million lei (EUR43.4 million) in the first ten months of the year and estimates its 2012 sales will hit RON240 mil...