Companies
IMF: Romanian Households To Pay 5% More For Natural Gas As Of September
Romanian natural gas prices will increase by 5% for household consumers and by 10% for non-residential clients as of September, an official of the International Monetary Fund said Tuesday.
Prodplast 1H Turnover Slightly Down To RON23M
Romanian plastics producer Prodplast Bucuresti (PPL. RO) on Tuesday said its first-half turnover fell nearly 5% on the year to 23 million lei (EUR5 million) and its first-half profit reached...
Romanian Agriculture After Five Years Of EU Funds: 2.5M-Ton Silos, 9,000 Tractors And 25% More Fertilizer
Romanian farmers have received almost EUR4 billion for investment projects in the six years the EU has been pumping funds into agriculture. But what is the actual impact of these funds on ag...
Absorption Target For 2012 Of EUR3B In EU Funds Is Officially Missed
The European Commission sent refunds worth EUR96 million to Romania in July, these being the last funds that the EU has sent into the local economy until the European officials finalize thei...
Hidroelectrica Won't Beat Insolvency Any Time Soon - Administrator
Romanian power producer Hidroelectrica cannot recover from insolvency this year, but more likely in June 2013, said Remus Borza, general manager of the state-owned company's legal administra...
Foreign Direct Investment Falls To EUR625M In First Six Months
Romanian foreign direct investment, or FDI, were down 28.9% on the year to EUR625 billion in the first half, central bank data showed Monday.
Mixed Results In The First Half For Bucharest-Listed Companies
Half of the 32 listed companies that have so far published their first-half financial results reported a higher turnover, while the other half had lower sales.
Plants Worth Over EUR100M Put Up For Sale Following Insolvency
The financial crisis over the past three years has “brought down” many malls, housing projects and store chains, as well as tens of plants operating in the food, industrial and construction...
Teraplast 1H Loss Shrinks 22% To RON3.8M
Romanian construction systems maker Teraplast (TRP.RO) reported turnover of 98.52 million lei (EUR22.4 million) in the first semester of 2012, and losses of RON3.86 million, 22% lower on the...