Companies
Sortilemn Completes EUR7M Investment In Cogeneration Plant
Sortilemn, a furniture maker based in Gherla (NW Romania) and one of the most important local suppliers of IKEA, has completed a 30 million lei (EUR6.6 million) project to build a cogenerati...
BMW VP: Low Wages In Romania Lead To Lower Productivity
Automotive component manufacturers in Romania have no problems with the product quality but with productivity, says Franz Linner, BMW Group vice-president purchasing, production and technolo...
Five-Star Intercontinental Hotel Has New General Manager
German Stefan Frank has become the new general manager of the five-star Intercontinental Hotel in Bucharest, which operates 257 rooms.
Bank Deposits Increased By Nearly EUR10B Since Start Of Crisis
Romanian household and corporate bank deposits were up by 42.35 billion lei (EUR9.9 billion) since the start of the economic crisis as the balance of bank deposits has increased by 27.9% sin...
Patria Credit Borrows RON36.6M From IFC
The International Finance Corporation (IFC), the private lending arm of the World Bank, has extended a 36.6 million lei ($10.4 million) credit line to Romanian Patria Credit to finance micro...
Mechel Resumes Production At Otelu Rosu Steel Plant
Russian steel giant Mechel on Monday said it resumed production at its Romanian plant Ductil Steel Otelu Rosu, one of the five steel plants it owns in Romania.
Sony Romania Estimates To Reach 5% Of Local Laptop Market This Year
Sony Romania estimates it will reach a 5% share of the local laptop market this year, in volume, from a 4.2-4.3% market share at the end of last year, marketing manager Mircea Stoicescu said...
real,- Hypermarket Sees Two Managers Leave In One Month, One Of Whom To Auchan
real,- Hypermarket chain, part of the Metro group, will see two managers leave by the end of the month.
One Of Two Executives Of The Top 10 Largest Companies In Romania Was Replaced In The Past Year
Five of the executives who run the top ten largest companies on the Romanian market took over in the past year, according to this year’s edition of the “Who’s who in business 2012 – The 1,00...