Companies
Government Drops Advisors Involved In Bringing Private CEOs To State-Run Companies
The consortium made up of executive search company Pedersen&Partners, law firm NNDKP and strategic management advisory Roland Berger, which was appointed in September last year to help the E...
Bucharest Court Of Appeals Overrules Romexpo’s Request To Temporarily Suspend Insolvency Procedures
Insolvency procedures against Romanian expo center Romexpo will continue after the Bucharest Court of Appeals overruled Tuesday the center’s request to temporarily suspend the application of...
Finnish Pöyry Sells Romanian Unit To Company’s Management
Finland’s consulting and engineering company Pöyry Tuesday said it has agreed to sell its Romanian subsidiary Pöyry Romania SRL to the company’s management.
New Five-Star Hotel Opens To Compete On Bucharest's EUR30M Event And Catering Service Market
The Antonescu family, which owns travel agency Marshal Turism, has invested EUR5 million into the latest five-star hotel in Bucharest, which it inaugurated on Calea Dorobantilor (central Buc...
Exports Generate EUR87M In Revenue For Egger
Egger Romania, one of the largest companies on the local wood processing market, posted 553.57 million lei (EUR130 million) in revenue last year, up almost 30% on the RON431.25 million in 20...
Former BCR VP Oana Petrescu Becomes Advisory Partner At Deloitte
Oana Petrescu, former retail vice-president at lender BCR, joined consultancy firm Deloitte. She is now in charge of consulting for strategy and operations, human capital, technology and fin...
Businesspeople Ask New Administration For Industrialization, EU Funds And Public Procurement From Romanian Companies
Votes counted at Sunday’s local elections have shown results not seen in 20 years. The number of votes obtained by the Social-Liberal Union (USL), alongside the ones obtained separately by t...
Mengotti Luxury Store In Bucharest Fares Better Than Ones In Italy, Says Owner
Italian-born Adriano Mengotti, who runs a store chain that bears his own name, has hung on to his store on Calea Victoriei, which he kept open throughout the crisis because it had better res...
Companies May Access RON240M For Energy Efficiency Projects
Romanian companies operating in the extractive and processing industries will be able to access structural and state budget funds amounting to 240 million lei (EUR53.7 million) for energy ef...