Companies
Cora Romania Opens EUR42M Shopping Center In Bacau
Retailer cora Romania opened a new shopping center Thursday in Bacau, the first in the eastern part of the country, following an investment of EUR42 million.
Preh Hires 120 More People In Brasov
Automotive component maker Preh Romania, one of the major local suppliers of Audi, BMW and Daimler, plans to hire 120 more people for its plant in Ghimbav, near Brasov (central Romania).
Romanian PM Confirms Talks To Delay Transgaz Offering
Romanian President Traian Basescu and the government agree to delay the sale of 15% in natural gas transporter Transgaz (TGN.RO) over an expected price increase in a couple of years due to t...
EBRD Considers EUR9.2M Loan For Prahova Water Infrastructure Project
The European Bank for Reconstruction and Development (EBRD) is considering providing a loan of EUR9.2 million to finance an investment project worth EUR146.2 million aiming to extend and reh...
Romania To Delay CFR Marfa Privatization, Transgaz SPO - Sources
Romanian President Traian Basescu and Prime Minister Victor Ponta agreed on Wednesday to delay the privatization of state-run freight rail company CFR Marfa, as well as a secondary offering...
Holcim Romania 9-Month Cement, Clinker Sales Down 2.6% By Volume
Holcim Romania's sales of cement and clinker dropped 2.6% by volume in the first nine months of 2012, compared with the similar interval a year ago, while prices increased 2.1%, Swiss group...
PwC: Romanian Private Sector Real Wages Rose Insignificantly In 2012
Wage raises in the Romanian private sector were insignificant this year, considering the inflation rate, said Horatiu Cocheci, human capital advisory team leader at PwC Romania.
EU Cuts Romania GDP Growth Forecast To 0.8% In 2012
The European Commission revised its forecast on Romanian economic growth to 0.8% in 2012 from 1.4% previously, citing a weaker-than-expected agricultural year and domestic political uncertai...
EBRD: Romania Needs A Better Business Climate, Speedier Privatizations
Stimulating investments and stepping up the privatization program should be among Romania’s top priorities in 2013, the European Bank for Reconstruction and Development said Wednesday.