Companies
Romanian Outsourcing Sector Hired 11,000 Employees In Past Five Years
Outsourcing companies in Romania have hired over 11,000 people since 2008, with the total number of employees in the sector exceeding 30,000, but the legislation has not encouraged companies...
Socot Targu Mures 9-Month Turnover Down 45%, To RON56M
Romanian hydro-technical construction company Socot Targu-Mures (SCTO.RO) Monday said it posted a 45% lower turnover in January to September, to 56 million lei (EUR12.6 million), compared wi...
Romanian Energy Efficiency Projects Could Get EUR2B For 2014-2020
The budget allotted for energy efficiency projects in the European Union’s next budget planning period 2014-2020 stands at 10% of the value of structural funds and it might reach EUR2 billio...
Development Ministry Wants To Launch Double-Scheme Financing Program
Romania’s Development Ministry wants to launch a double-scheme financing program meant to help local authorities develop public utility infrastructure, and to provide financing to investors...
Construction Market Seen Falling Further In October-December
Romanian companies expect construction activity will continue to decline in the last three months of 2012, on weaker demand, the statistics institute INS said in a survey Monday.
Tnuva’s Exit From Romania Leaves Cattle Farm In The Hands Of Lawyers
Twenty kilometers south of Bucharest lies the dairy farm that belonged to Israeli dairy group Tnuva until recently. This used to be the most important raw material producer for the company’s...
Romania Misses 2015 Euro Adoption. New Government To Decide On New Target, Central Bank Says
Romania’s euro-zone entry in 2015 is difficult to achieve and the new government that will be formed after December’s parliamentary elections is set to decide if the timeline for adopting th...
Remus Vulpescu Says Amicable Agreement Would Be Preferable At Rompetrol
Remus Vulpescu, former head of Romania's industry privatization authority OPSPI, freshly appointed as member of the board of directors of Rompetrol Rafinare (RRC.RO), said the government sho...
Sorin Greu, Bog’Art: The Construction Sector Could Rebound, But Not Very Soon
Although he has for the last 8 years run the largest Romanian construction company of civil engineering and industrial buildings, with turnover of almost EUR80 million, no picture of Bog’Art...