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Petrom, Dacia And Rompetrol Still Largest Companies In Romania
Companies

Petrom, Dacia And Rompetrol Still Largest Companies In Romania

OMV Petrom (SNP.RO), Dacia and Rompetrol remained the largest companies in Romania in 2011, having posted more than 53.6 billion lei (EUR12.6 billion) in revenue, according to the data provi...

Neagu Bogdan Mircea · 04.07.2012 · 12:24 · 4 min
Euro 2012 Boosts Revenue Of JW Marriott Hotel
Companies

Euro 2012 Boosts Revenue Of JW Marriott Hotel

The European Football Championship brought twice the number of customers a regular night would have on the outdoor terrace of the five-star JW Marriott Hotel in Bucharest and therefore highe...

Radu Bostan · 04.07.2012 · 00:00 · 2 min
Holcim Romania Sales Rose 13% In 2011 To EUR222M
Companies

Holcim Romania Sales Rose 13% In 2011 To EUR222M

Cement maker Holcim Romania’s turnover rose 13% last year to EUR222 million, and might increase up to 3% in 2012 in a best-case scenario, chief executive Daniel Bach said Tuesday.

Ioana Tudor · 03.07.2012 · 16:38 · 1 min
Romania Stops Sending EU Refund Requests For Four Programs
Social/Politics

Romania Stops Sending EU Refund Requests For Four Programs

Romania will stop sending the European Commission refund requests for four operational programs, from July 1 until a date that will be decided later, during which time the Commission will de...

Radu Bostan · 03.07.2012 · 16:14 · 1 min
Finance Minister Names New GM At National Lottery
Social/Politics

Finance Minister Names New GM At National Lottery

Romania’s Finance Minister Florin Georgescu appointed Dan-Alexandru Ghita as general manager of the Romanian Lottery, replacing Gheorghe Benea, the company said in a statement Tuesday.

Ioana Tudor · 03.07.2012 · 15:23 · 1 min
Online Card Payments Through RomCard Hit EUR109.5M In 1H
Banks-Insurance

Online Card Payments Through RomCard Hit EUR109.5M In 1H

Online card payments in Romania, processed by RomCard, amounted to EUR109.5 million in the first half of 2012, up 38% compared with the same interval a year ago, e-commerce solution provider...

Ioana Tudor · 03.07.2012 · 15:20 · 1 min
Top-20 Largest Employers Count Four Times More Layoffs Than Hires In 2011
Analysis

Top-20 Largest Employers Count Four Times More Layoffs Than Hires In 2011

The top-20 largest employers in Romania have counted a total of 23,000 layoffs and only 6,000 new hires in 2011, according to the data extracted from the Trade Registry and Finance Ministry.

Manuela Panescu · 03.07.2012 · 13:45 · 1 min
Farming Output Will Breathe Life Into The Economy In 2012 As Well
Macroeconomics

Farming Output Will Breathe Life Into The Economy In 2012 As Well

This year’s grain harvest is estimated at almost 18 million tons, just 7% lower than the record-high 2011 figures. Converted in money, as prices remained high, almost EUR5 billion should go...

Radu Bostan · 03.07.2012 · 00:00 · 4 min
ANCOM Launches Mobile License Tender
Technology &Telecoms

ANCOM Launches Mobile License Tender

Companies looking to take part in Romania's mobile license sale must file their documents by August 13, with the auction to begin on September 10.

Radu Bostan · 02.07.2012 · 17:04 · 2 min