Companies
Law Firm: Banks Will Get Rid Of “Skeletons” When New Projects Turn Profitable
Francisc Peli, founding partner of law firm PeliFilip and one of the most respected lawyers on the real estate segment, says management activities currently occupy 80% of his time.
M&A Market May End Better Than It Started In 2012
The mergers & acquisitions market has seen about 40 deals worth approximately one billion euros so far this year, with the three most important deals amounting to EUR350 million, according t...
UniCredit Leasing Sees 17% Higher Sales In 2012, To EUR220M
Romania’s UniCredit Leasing estimates it will grant financing worth EUR220 million in 2012, up 17% from a year before, and forecasts a 10% growth for 2013, the company’s chief executive offi...
Mechel Campia Turzii Net Loss Widens To RON82.1M In Jan-Sep
Romanian steel works Mechel Campia Turzii (INSI.RO) Thursday said its net loss widened to 82.1 million lei (EUR18.1 million) in the first nine months, from RON69.3 million in the same period...
Altur Slatina 9-Month Sales Falls, Profit Rises
Romanian car parts maker Altur Slatina (ALT.RO) on Thursday said its turnover fell 14.5% in the first nine months to 88.13 million lei (EUR19.4 million), from RON103.08 million in the simila...
Alro Wants $28M Loan For Working Capital
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, will discuss in stockholders meeting December 18 on taking a nearly $28 million loan from Raiffeisen Interna...
Transilvania Constructii 9-Month Sales Down 27% On Year
Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Thursday said its sales dropped 27% in the first nine months to 26.7 million lei (EUR6 million) from RON36.5 mill...
Forbes Rates Romania As 60th Best Country For Business
Romania is ranked 60th in Forbes’ annual look at the best 141 countries for business, below Botswana (59), Hungary (46), Bulgaria (49), the Czech Republic (41) and Poland (38).
Romania’s Leasing Market Seen Up To 15% Higher In 2013
Romanian leasing market may see a growth between 10% to 15% in 2012, from EUR1.35 billion expected in 2012, only if the the economy revives and investors regain their confidence, according t...