Companies
Dafora’s Net Loss Widens After First Nine Months
Romanian construction and oil drilling company Dafora Medias (DAFR.RO) Wednesday reported a net loss of 11.94 million lei (EUR2.6 million) for the first nine months, wider than RON7.1 millio...
2013 Might Be Better For Agriculture, Still Dependent On Weather Conditions
Agriculture, a sector that generates 6% of Romania’s’ gross domestic product (EUR10 billion to EUR11 billion) a year and made a significant contribution to the 2011 economic growth of 2.5%,...
Laminorul 9-Month Loss Narrows To RON63.5M
Romanian metal and alloy maker Laminorul Braila (LMRU.RO) Tuesday said its losses narrowed almost 28% to 63.5 million lei (EUR14 million) in the first nine months, despite lower sales.
Tour Operator ITS Reisen To Promote Romania In New Catalog In 2013
Travel company ITS Reisen plans to extend in 2013 its promotion of Romania as a tourist destination through a catalog in print that will be distributed in Germany, Austria and Switzerland, R...
Coface: More, Larger Firms Went Belly Up In 2012, Financial Crisis Prolongs
The average turnover of the companies declared insolvent in 2012 was 34% higher than in the year before, which prolongs the financial crisis, according to of Coface rating agency.
100 Year-Old Hotel Cismigiu Prepares To Re-Open
Four-star hotel Cismigiu in central Bucharest, held by real estate developer Hercesa, will be able to receive its first guests next month, but the exact date for the opening has not been yet...
Akzo Nobel: Paint & Coatings Market To Continue Decline In 2013
Akzo Nobel Coatings, part of chemical industry giant Akzo Nobel, estimates the Romanian paint and coatings market will see decline next year as well, but not as serious as in 2012.
Chimcomplex 9-Month Revenues Up 5% To RON154.3M
Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) on Monday reported revenues of 154.3 million lei (EUR34.13 million) in the first nine months of 2012, up 5.7% compared with RON146 mill...
Procurement Authority Eyes RON4M Consultancy Services For Public Purchase Projects
Romanian procurement authority ANRMAP wants to contract European Union-funded consultancy services for an estimated 4 million lei (EUR884.583), net of VAT, which will be used for various pro...