Companies
Top 40 Furniture Makers Posted Over EUR700M Revenue In 2011
The 40 largest furniture producers in Romania posted EUR742 million revenue last year, up about 10%, compared with 2010. Seven of them are located in Maramures County (northern Romania), whi...
Government OKs 7-Year Debt Payment For Public Television, Railway Companies
Romania’s Government approved a memorandum Saturday extending the debt payment schedules of public television SRTV, freight railway company CFR Marfa, and railway company CFR SA to seven yea...
Government Approves EUR42.8M Aid Scheme For Drought-Hit Farmers
Romania’s Government approved a EUR42.8 million aid scheme Saturday, to benefit about 600,000 farmers whose crops have been affected by drought this summer, said Agriculture Minister Daniel...
Ecopack Ghimbav 1H Sales Rise Slightly To RON42.2M
Romanian cardboard box maker Ecopack Ghimbav said Friday its turnover rose slightly in the first half of 2012, to 42.2 million lei (EUR9.4 million), from RON41.8 million in the similar inter...
Foreigners Exploit 6% Of Romania’s Total Agricultural Area
Nearly 800,000 hectares of farmland in Romania, accounting for 6% of the country’s total agricultural area, are exploited by foreign individuals or firms, Florin Marius Faur, head of the reg...
EU Survey: Romania Economic Sentiment Dips In August For Fourth Straight Month
Romania’s economic sentiment index fell 2.1 points to 94 in August, due to investor pessimism in most sectors except industry, a European Commission monthly survey showed Thursday.
Local Authorities Must Cut Arrears To Further Receive State Budget Funds - Draft
Romanian local authorities will have to reduce arrears monthly by at least 5% or they will no longer receive state budget funds, as per a draft emergency decree drawn up by the Finance Minis...
Deloitte Study: Romania Has 37 Companies In Regional Top 500
Romania has 37 companies in the Central European top 500 by turnover in 2011, according to a study by Deloitte.
Snack Attack Sells Factory To Czech Buyers
Snack Attack, a bakery and restaurant company, sold its factory in Balotesti, Ilfov County (near Bucharest), to Fresh Crocodile Company, which makes and distributes sandwiches on several Eur...