Companies
Premier: Romania Acknowledges Annulment Of Oltchim Bid, Sale Failure
The Romanian Government acknowledged the annulment of the auction regarding the sale of the state-owned stake in chemical plant Oltchim Ramnicu Valcea (OLT.RO) and the failure of the privati...
Rompetrol, Posta Romana No Longer Sell Vignettes Starting October 1
Companies Rompetrol and Posta Romana will no longer sell vignettes, starting Monday, October 1, Romania’s national roads authority CNADNR said in a statement Monday.
Romanian Leu Exchange Rate For 2013 Excise Taxes Set At 4.5223 Vs Euro
The level of the excise duties in Romania will be calculated using an exchange rate of 4.5223 lei per euro next year, 5.2% higher than in 2012.
Dacia Registrations In France Down 2.7% On Year In Jan-Sept
Romanian carmaker Dacia’s new car registrations in France declined 2.7% in the first nine months, to 60,813 units, on a market that dropped 14%, to 1.43 million cars.
INS: Romania Jobless Rate Slightly Up To 7.1% In August
Romania's unemployment rate edged up to 7.1% in August, from 7% a month earlier, seasonally adjusted data from the statistics institute INS showed Monday.
Former Kaufland And Minimax Managers Put In Charge Of Penny Market
Retailer Penny Market appointed two managers, Simon Hamersky and Daniel Gross, to oversee the development of the discount store chains Penny Market and Penny Market XXL on the local market....
Most Profitable Companies In Romania
The 300 most profitable companies in Romania last year had a cumulated profit of 25 billion lei (EUR5.86 billion), i.e. almost 40% of the total profit recorded by all companies in Romania –...
Mark Mobius, Manager Of Fondul Proprietatea: A Lot Of Arguments On The Global Crisis Existence Are Invented
A large part of arguments suggesting the existence of a global crisis are invented, says Mark Mobius, one of the most influential investors on emerging markets.
Construction Sector Faces Funds Cut, Delayed Cash-ins
The major problems faced by Romanian construction sector are the funds cut for the already started projects, the high level of state arrears and the slow pace of paying the debts to entrepre...