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SABMiller CEO: We Are Discussing Boosting Production Capacity In Romania
Companies

SABMiller CEO: We Are Discussing Boosting Production Capacity In Romania

Graham MacKay, chief executive of London-headquartered brewer SABMiller, said the period of rationing at the Romanian subsidiary is over and growth will be the trend from now on.

Ecaterina Craciun · 24.09.2012 · 00:00 · 3 min
Companies

Romania Wants To Extend Validity Of Collective Work Contracts

Romania’s Government wants to extend the validity of collective work contracts and allow for additional public sector wage bonuses, besides those stated by the current legislation, according...

Ioana Tudor · 21.09.2012 · 17:45 · 1 min
Mechel: Production At Otelu Rosu To Be Temporarily Suspended In October
Companies

Mechel: Production At Otelu Rosu To Be Temporarily Suspended In October

Russian mining and steel company Mechel will temporarily suspend production at its plant in Otelu Rosu, southwest Romania, the group told MEDIAFAX Friday, after Platts reported the factory's...

Neagu Bogdan Mircea · 21.09.2012 · 15:28 · 1 min
KPMG, Tuca Zbarcea&Asociatii Will Advise In Posta Romana Sale
Companies

KPMG, Tuca Zbarcea&Asociatii Will Advise In Posta Romana Sale

The consortium made of KPMG Romania and law firm Tuca Zbarcea&Asociatii won the bid for providing consultancy services in the sale of national postal operator Posta Romana, sources in Commun...

Manuela Panescu · 21.09.2012 · 14:47 · 1 min
Platts: Mechel Closes Romanian Steel Plant In Otelu Rosu
Companies

Platts: Mechel Closes Romanian Steel Plant In Otelu Rosu

Russian steel producer Mechel will shut down its Otelu Rosu billet plant in Romania in October for an indefinite period, a source at Mechel Romania told energy and metals portal Platts Thurs...

Neagu Bogdan Mircea · 21.09.2012 · 13:17 · 1 min
Telus International Acquires Control Of Call Center Company
Companies

Telus International Acquires Control Of Call Center Company

Telus International, a provider of outsourcing services, signed a deal to buy the controlling interests in Call Point New Europe last week, thus entering Romania’s call center market on whic...

Tudor Ioana Raluca · 21.09.2012 · 00:00 · 2 min
Constructor Bog'Art Estimates Turnover Of EUR100M In 2013
Real Estate

Constructor Bog'Art Estimates Turnover Of EUR100M In 2013

Romanian construction company Bog'Art estimates its turnover will rise to EUR80 million in 2012, from EUR76 million a year ago, and targets to increase it to EUR100 million in 2013.

Ioana Tudor · 20.09.2012 · 14:13 · 1 min
High Price Still Lures Farmers Into Planting Rapeseed Crops
Social/Politics

High Price Still Lures Farmers Into Planting Rapeseed Crops

Romanian farmers planted a 20%-30% larger area with rapeseed this fall, covering 500,000 hectares, after more than two thirds of the crop was lost because of the drought this year.

Manuela Panescu · 20.09.2012 · 00:00 · 2 min
Fabryo And Atlas Merge Their Operations Into EUR42M Business
Companies

Fabryo And Atlas Merge Their Operations Into EUR42M Business

Paints and textured plasters producer Fabryo, controlled by investment fund Oresa Ventures, will merge with the construction materials division of Atlas Corporation group, controlled by Gree...

Manuela Panescu · 20.09.2012 · 00:00 · 1 min