Companies
Paint Maker Fabryo Will Merge With Construction Material Firm Atlas Paints
Paint and lacquer maker Fabryo, owned by Swedish investment fund Oresa Ventures, will merge with Atlas Paints, the construction material division of Atlas Corporation, controlled by Greek bu...
VEKA Romania Eyes 20% Higher Sales In 2012, At EUR16M
VEKA Romania, a unit of German window PVC profile maker VEKA, forecasts a 20% sales growth in 2012, at EUR16 million, as a result of strengthening the network with the local partners as well...
Four Romanian EU-Funded Programs To Lose Several Hundred Mln Euro Following Corrections - Minister
The financial corrections the European Commission will apply to four Romanian EU-funded programs stand at several hundred million euros, and the money might be redirected to Romania, Ministe...
Lidl To Open 144th Store In Romania Thursday
German retailer Lidl will open its 144th Romanian store Thursday, in the central town of Miercurea Ciuc, the company said Wednesday.
How The Cantacuzino Institute Came To Manufacture Nothing
As Romania’s vaccine manufacturer Cantacuzino Institute doesn’t produce any vaccines currently, the government should ensure the state reserve from imports at higher costs, but foreign produ...
Oltchim: 33 Board Directors In Ten Years. Will They Be Brought Before Court?
The dramatic situation that Romania’s largest chemical plant, Oltchim Ramnicu Valcea (OLT.RO) is the direct responsibility of the 33 members of the Board of Directors who have alternated at...
Ponta: Posta Romana Will Start Talks With Belgian Postal Operator On Strategic Investor
The management of Romanian state-owned postal company Posta Romana and officials of Belgium’s postal operator will soon meet for talks on Romania’s government plan to find a strategic invest...
Coface Romania’s Deputy CEO Promoted As Country Manager
Coface Romania named Constantin Coman, currently deputy general manager on services segment, as country manager starting October 1, replacing Cristian Ionescu.
Trade Registry: Company Bankruptcies Inch Down In Jan-Aug
Romania's Trade Registry Tuesday said 11,043 companies filed for insolvency in the first eight months of 2012, down 1.43% from 11,230 companies in the year-earlier period.