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Ruukki Romania To Provide Metallic Parts For Smelting Unit In Saudi Arabia
Companies

Ruukki Romania To Provide Metallic Parts For Smelting Unit In Saudi Arabia

Ruukki Romania, the local subsidiary of Finnish giant Rautaruukki, one of the largest manufacturers of metal components in Europe, will produce at its local factory the parts designated for...

Manuela Panescu · 02.07.2012 · 13:24 · 1 min
Oil Companies’ Revenue Rose In 2011 Due To 25% Higher Prices On A Nearly Frozen Market
Energy

Oil Companies’ Revenue Rose In 2011 Due To 25% Higher Prices On A Nearly Frozen Market

Oil companies saw a new year of growth in 2011, mainly due to significant price hikes despite the fact that the Romanian market continued to be affected by low purchasing power.

Ecaterina Craciun · 02.07.2012 · 00:00 · 3 min
Businesspeople Urge Government To Build Highways, Back Local Companies, End Political Bickering
Macroeconomics

Businesspeople Urge Government To Build Highways, Back Local Companies, End Political Bickering

In the two months since being instated, Romania’s new government has mainly stood out through political disputes and failed to come up with any concrete plans to restart the economy, at a ti...

Ecaterina Craciun · 02.07.2012 · 00:00 · 2 min
Enterprise Investors: We’ll Keep Investing In Growing Companies
Capital Market

Enterprise Investors: We’ll Keep Investing In Growing Companies

Cristian Nacu, partner of Polish private equity firm Enterprise Investors, one of the most active in recent years, says the company will go ahead with its acquisitions despite the fact that...

Ecaterina Craciun · 02.07.2012 · 00:00 · 1 min
Report On Causes Of Insolvency For Hidroelectrica To Be Unveiled In July
Energy

Report On Causes Of Insolvency For Hidroelectrica To Be Unveiled In July

Romanian hydropower producer Hidroelectrica’ filing for insolvency was a "shocking” and “historical” decision and a report on what caused the company to end up in this situation will be pres...

Ecaterina Craciun · 01.07.2012 · 14:37 · 2 min
ANAT Eyes Protocol With Greek Tourism Organization To Promote Romanian Destinations
Social/Politics

ANAT Eyes Protocol With Greek Tourism Organization To Promote Romanian Destinations

Corina Martin, head of Romania's National Association of Tour Operators (ANAT), on Saturday said the association will sign a protocol with the Greek Tourism Organization in a move to bring i...

Ecaterina Craciun · 30.06.2012 · 17:54 · 1 min
Government To Notify Anticorruption Body Of Irregularities At Posta Romana In 2009-2011
Social/Politics

Government To Notify Anticorruption Body Of Irregularities At Posta Romana In 2009-2011

The Romanian Government will notify the National Anticorruption Department of irregularities in the activity of state-run postal operator Posta Romana between 2009 and 2011.

Ecaterina Craciun · 30.06.2012 · 16:48 · 2 min
Adeplast: 2012 Is Harder Than We Expected
Companies

Adeplast: 2012 Is Harder Than We Expected

Marcel Barbut, who owns construction supplies manufacturer AdePlast Oradea, says that despite the slight rebound on the construction materials market, the year 2012 is harder than had initia...

Radu Bostan · 29.06.2012 · 00:00 · 1 min
AdePlast Invests EUR2.8M In New Polystyrene Plant In S Romania
Companies

AdePlast Invests EUR2.8M In New Polystyrene Plant In S Romania

Romanian building materials producer AdePlast will invest EUR2.8 million in a new polystyrene plant and a new polystyrene storage hall in Ploiesti, southern Romania, the company said in a pr...

Ecaterina Craciun · 28.06.2012 · 17:14 · 1 min