Companies
Tenaris Group Plans To Invest Up To EUR90M In Romanian Unit Expansion In 2013
The Tenaris group, one of the world’s largest producers of pipes, wants to invest EUR80-90 million next year into expanding its facilities in Romania, says Gabriel Podskubka, head of Eastern...
Minority Shareholder Of Bucharest Marriott Hotel Goes Bankrupt
ONT Carpati, the company that owns 35% in Bucharest’s five-star hotel Marriott and four-star hotel New Montana in Sinaia, will go bankrupt, according to a decision taken Tuesday by sharehold...
UK’s Investment Fund Spearhead International Owns 18,000 Ha Of Farmland In Romania
British investment fund Spearhead International, a very discreet player in the Romanian business world, has bought 3,000 ha of land in the southern Romanian county of Dolj, now owning a tota...
Cemacon Head: Construction Materials Market Won’t Rise In 2013
Romanian construction materials market for real estate compound development will not increase in 2013 either, as there is no reason for a positive flow, according to Liviu Stoleru, general m...
PwC: Romania Improves Position In World Ranking Regarding Number of Taxes Paid By Firms
Romania has climbed 18 spots and is placed 136th in a world ranking regarding the number of taxes companies must pay in a year, according to a PricewaterhouseCoopers (PwC) survey.
Top Five Construction Companies Valued At EUR1.5B Thanks To High Profit Margins
The five leading companies on the Romanian construction market have been valued at nearly EUR1.5 billion this year, according to the seventh edition of the “100 most valuable companies in Ro...
Businessman Ioan Niculae Plans To Open Five Gas Stations In 2013, 80 More On Long-Term
Ioan Niculae, owner of the InterAgro group, will open five Bif-branded gas stations next year in the town of Zimnicea, where the group’s headquarters is located.
Xerox Aims To Hire 500 People In Iasi
US company Xerox has opened a center for IT services and company support services in the eastern city of Iasi, which will hire 500 people by the end of 2013, 100 of whom will be employed thi...
Romania Receives Five Bids For Headhunting Services At State-Run Companies
Romania’s Economy Ministry received five bids for consultancy in the selection of members with state-owned companies’ Board of Directors and Surveillance Councils.