Companies
Stock Market Fares Worse For Business As Over 20 Brokerages Closed Doors In Four Years
The exit of ING’s brokerage firm highlights the disaster on the Romanian capital market, where more than one quarter of the brokerage firms have closed in the last four years. The lack of ne...
German Ambassador To Bucharest: Romania Still Attractive To German Investors
Romania continues to be an attractive destination for German investors as labor costs are still low and Romania is relatively close to major European countries, German ambassador to Buchares...
Romania's Steel Production Nears 2009 Lows
The steel demand and price, an indicator of the progress of the economy, have reached the last four years’ lows and the largest producers of the world took steps to contain losses.
Christian Tour Takes Over Europa Travel, Bibi Touring Tourism Agencies
Romanian tour-operator Christian Tour took over Europa Travel and Bibi Touring tourism agencies, planning to launch low cost vacations and domestic destinations packages, the company’s owner...
Survey: Romania’s Masonry Products Volumes Down 11% In 1H
Sales of masonry products in Romania decreased 11% by volume in the first half of 2012 compared with the same period a year ago, due to unfavorable weather conditions and lower number of new...
Industrial Producer Prices Went Up In August
Romania’s industrial producer price index rose 1.3% in August compared with a month earlier, fueled by higher prices across the board, the country’s statistics institute INS said Tuesday.
Top Ten Private Universities Make EUR121 Million Revenue A Year
An analysis of the balance sheets of Romania’s ten largest private universities shows that they made EUR121 million in revenue from the tuition and other fees paid by their students.
Manager: ADM Farm Should Become A Top-5 Distributor By End-2014
Octavian Iacob, executive manager of drug distributor ADM Farm, says in the first six months of the year the company is in line with budget figures, so the 2012 financial year could end with...
Flydubai Starts Romanian Operations, Wants 7 Flights Per Week
Ghaith al Ghaith, CEO of flydubai, the low-cost airline of the Dubai emirate, which on Monday entered the Romanian market with three weekly flights on the Bucharest-Dubai route, says the com...