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Top Headhunters File Bids To Recruit Managers For State Companies In Romania
HR

Top Headhunters File Bids To Recruit Managers For State Companies In Romania

Executive search companies Spengler Fox, Amrop, Boyden and consulting and audit firm PwC on Monday submitted offers to recruit private managers for Romania’s state-run companies, people clos...

Ecaterina Craciun · 26.11.2012 · 13:40 · 1 min
BNR: Romania Private Lending Down 0.6% To RON230.1B In October
Macroeconomics

BNR: Romania Private Lending Down 0.6% To RON230.1B In October

Romanian private lending fell 0.6% in real terms to 230.1 billion lei (EUR50.8 billion) in October, from RON230.8 billion a month earlier, central bank data showed Monday.

Bogdan Neagu · 26.11.2012 · 10:45 · 1 min
Innova Capital And EBRD Take Over EnergoBit
Companies

Innova Capital And EBRD Take Over EnergoBit

The three Cluj-based entrepreneurs who have since 1990 turned EnergoBit into a EUR160-million business specializing in delivering complete energy solutions have sold the majority stake to Po...

Tudor Ioana Raluca · 26.11.2012 · 00:00 · 2 min
Listed Construction Companies Make Overall Losses Of RON44M In First Nine Months
Companies

Listed Construction Companies Make Overall Losses Of RON44M In First Nine Months

Most construction companies on the stock exchange posted turnover declines, low profits or losses, which shows that 2012 will most likely be another “failed” year for companies in this secto...

Tudor Ioana Raluca · 25.11.2012 · 17:26 · 3 min
Romania Needs Industry, Growth Based On Just Agriculture And Tourism Is Ridiculous Idea
Analysis

Romania Needs Industry, Growth Based On Just Agriculture And Tourism Is Ridiculous Idea

Business people want to be optimistic about next year in terms of the evolution of the economy and of businesses, but they are waiting to see what measures the new government will take to im...

Oana Gavrila · 23.11.2012 · 09:30 · 2 min
Top 10 Foreign Owners Of Forests Hold 2% Of The Total Forest Area
Real Estate

Top 10 Foreign Owners Of Forests Hold 2% Of The Total Forest Area

Romanian forests have been very attractive for foreign investors, with the top ten owners by area reaching 134,000 ha, or 2% of the total forest area in the country, according to Business Co...

Manuela Panescu · 23.11.2012 · 00:00 · 3 min
Ioan Niculae Turns His Corn Harvest Into Bioethanol And Fodder Worth EUR55M
Companies

Ioan Niculae Turns His Corn Harvest Into Bioethanol And Fodder Worth EUR55M

Ioan Niculae, who controls the InterAgro group, expects revenues of EUR55 million this year from bioethanol, which is processed from corn and added to gasoline, and from livestock fodder.

Tudor Ioana Raluca · 23.11.2012 · 00:00 · 1 min
Pipe Distributor Comtech Eyes 20% Higher Sales In 2013, To EUR32.5M
Companies

Pipe Distributor Comtech Eyes 20% Higher Sales In 2013, To EUR32.5M

Romanian pipe distributor Comtech Co forecasts 20% higher sales in 2013, at EUR32.5 million, following EUR5 million investments in new unit of polyethylene insulation of oil and gas transpor...

Manuela Panescu · 22.11.2012 · 16:54 · 1 min
EU Might Increase By 50% Agriculture Funds Allotted To Romania For 2014-2020
Social/Politics

EU Might Increase By 50% Agriculture Funds Allotted To Romania For 2014-2020

Romania might get a 50% increase of the funds allotted through the Common Agricultural Policy (CAP) in the future EU financial framework (2014-2020), European sources told Mediafax Thursday.

Ioana Tudor · 22.11.2012 · 16:28 · 1 min