Companies
Xella Names Madalina Dumitru As Marketing Regional Manager SEE
Germany group Xella, producer of autoclaved aerated concrete ACC, named Madalina Dumitru as marketing regional manager South East Europe, a position in which she will coordinate the group's...
Romanians Believe Most Entrepreneurs Get Rich At Employees’ Expense - Survey
Most Romanians believe entrepreneurs get rich at their employees’ expense and can only make money from illicit business, according to a survey of media research company Daedalus, conducted i...
PwC: Romanians Make Six Card Payments On Average Annually
Romanians make six card payments on average, annually, which is very low compared to other European countries, on the backdrop of a poor penetration rate of cards and payment terminals at me...
Court Voids Franklin Templeton’s Appointment As Proprietatea Fund Manager
The Bucharest Court of Appeals on Wednesday irrevocably annulled a series of decisions taken by the shareholders of Romanian investment fund Fondul Proprietatea (FP.RO), including the appoin...
Mechel Campia Turzii To Lay Off 800 More Workers
Romanian steel processor Mechel Campia Turzii (INSI.RO) wants to lay off 800 more employees, union leader Ioan Pascu told Mediafax Wednesday.
AdePlast’s Turnover Up 26% In First 9 Months, To Nearly RON140M
Romanian building materials producer AdePlast on Wednesday said its turnover rose nearly 26% to around 140 million lei (EUR30.6 million) in the first nine months of 2012.
IMF Sees Flat Or Negative Credit Growth In Romania, Other CEE Countries
Euro area banks are targeting lower loan-to-deposit ratios and less cross-border funding in Central and Eastern Europe, leading to flat or negative near-term credit growth in the region, par...
Lidl Opens 146th Store In Romania
German retailer Lidl will open Thursday a store in Romania’s western city of Timisoara, reaching a countrywide network of 146 stores, the company said Wednesday.
Gefco: Romanian Road Transport Operators Go East
Logistics operator Gefco Romania expects almost EUR50 million revenue this year, the highest in the last seven years, compared with about EUR43 million last year. The growth was generated by...