Companies
Prosecutors Hear 100 People In Bank Fraud Case, Including Bankers, Government Officials
Romanian organized crime prosecutors on Thursday heard one hundred people, including bankers and government staff, in a EUR22 million bank fraud case.
DPD Romania Sales Up 10% In January-September
Private postal firm DPD Romania, owned indirectly by French post operator La Poste, registered turnover of 29 million lei (EUR6.4 million) in the first nine months of 2012, up 10% on the yea...
Creditor Banks Become Minority Shareholders In IRS Rolling Stock Plants
The banks that found a German private investor for Romanian insolvent group International Railways Systems also became a shareholder, in a first for the local market.
Turbomecanica 9-Month Loss More Than Halves To RON6M
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Wednesday said its loss narrowed 58.7% to 5.9 million lei (EUR1.3 million) in the first nine months, helped by higher sales.
Romanian Trattoria Il Calcio Restaurant Opens In London
Trattoria il Calcio, the Romanian restaurant chain controlled by Valentin Salagean, Cosmin Olaroiu and Gino Iorgulescu, has recently opened its first London location, and has plans to open a...
Citroen Imports Might Move To Peugeot Importer
Peugeot importer Trust Motors might soon take over the imports in Romania of Citroen, the second brand of France's second largest car maker PSA Peugeot-Citroen group, sources in the industry...
Italian Group Finalizes EUR40M Investment In 140-Bed Hospital In Bucharest
Italian group Policlinico di Monza, which owns 10 private hospitals in Italy, has finalized a EUR40 million investment in a 140-bed hospital in Bucharest, with the unit already being operati...
KLG Romania Boss: 2012 Failed To Confirm Our Expectations
The growth of KLG came in 2012 from new clients, as many companies cut back on the storage space. Even so, the logistics and distribution company plans to build two new warehouses in Romania...
Drug Manufacturer Actavis Outsources Distribution To Focus On Promoting Its Own Products
Pharmaceutical company Actavis launched 20 new products in the first nine months of the year, with turnover amounting to EUR50 million, according to the company’s general manager Dan Ivan.