Companies
Search Corporation: Comarnic-Brasov Highway Should Be Priority, Sibiu-Pitesti Is Four Times More Expensive
The Bucharest-Brasov, Craiova-Pitesti highways and Bucharest’s highway-standard ring road are among the roads desperately needed for years, says Valentin Stoica, general manager of design fi...
Transactions Pile Up At Yearend: Buyers Pay EUR300M In Ten Deals
The end of the year has been eventful on the mergers and acquisitions (M&A) market, with ten deals worth over EUR300 million being sealed in November, shows a ZF analysis based on data annou...
Ductil Buzau 9-Month Net Profit Falls 23.9%, To RON5M
Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) Wednesday said its net profit fell 23.9% on the year to 5 million lei (EUR1.1 million) in January to September 2012, dri...
Romania’s EU Fund Absorption Rate Remains Unchanged In November
Romania’s cohesion and structural fund absorption rate remained unchanged in November, at 9.72% (EUR1.867 billion), as payments from the European Commission were zero.
Innovative Firms Registered Turnover, Capital Increases In 2008-2011 - Survey
Romanian innovative firms have registered turnover and capital increases since the beginning of the crisis, and their gross value added (GVA) climbed 24% between 2008 and 2011, according to...
Cernavoda Nuke Project May Be Co-financed By Chinese Companies
Romania’s long-delayed nuclear power project in Cernavoda will most likely be completed with financial assistance from Chinese investors, deputy economy minister Rodin Traicu said Wednesday.
INS: Average Net Wage Up 1% To RON1,552 In October
Romanian average net salary rose 0.9% to 1,552 lei (EUR342) in October, from RON1,538 a month earlier, the statistics institute INS said Wednesday.
Auchan To Keep Real Employees, Bring Teams Together In New HQ
Patrick Espasa, general manager of Auchan Romania, who will coordinate a group of around 10,000 employees after French Auchan’s purchase of 20 German Real hypermarkets in Romania, says he in...
Romanian Businessman Valer Blidar Hopes 2013 Will Be Better Than 2012
Romanian industrialist Valer Blidar, known best as the owner of rolling stock maker Astra Vagoane Calatori, said he is not optimistic about 2013, but hopes it will be slightly better than 20...