Companies
Lack Of Offers Limits ArcelorMittal Galati's Energy Purchase Options
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, has not renewed its bid to buy electricity on the Romanian power exchange OPCOM because of lack of offers, gener...
ArcelorMittal Galati Could Shut Down Mechanical Parts Production
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, could shut down the mechanical parts production at its UPSRS siderurgical plant, the company’s spokesman Dorian...
Romania To Resume Cupru Min Sale 4 Months After Getting Environmental Permit
Romania’s new Cabinet, which will seek a confidence vote in Parliament Monday, will resume the sale of copper producer Cupru Min four months after the company gets an environmental permit, e...
Parliament Committees Endorse Daniel Chitoiu For Economy Minister
Romania’s parliamentary committees hearing proposed ministers on Monday have endorsed Daniel Chitoiu for economy minister with 38 to four votes and two abstentions.
Sortilemn Builds New EUR9M Plant In Partnership With IKEA
Sortilemn Gherla, one of the biggest Romanian suppliers of Swedish-held IKEA, has started a EUR9 million project to build a coat hanger plant on a 10,000 square meter plot of land.
Romania To Appoint Private Managers For State Companies By October
Romania will appoint private managers to run state-owned companies by October and the first companies targeted are hydropower generator Hidroelectrica and natural gas transporter Transgaz (T...
Romania To Privatize Oltchim In September, Resume Cupru Min Sale
Romania will privatize chemical producer Oltchim Ramnicu Valcea (OLT.RO) in September and resume the sale of copper producer Cupru Min, the country’s minister-designate for economy, Daniel C...
Romanian Road Authority Seeks Consultant For Comarnic-Brasov Highway Section, For RON23.6M
Romania’s public road authority CNANDR has launched an auction for consultancy services to update a feasibility study in view of awarding a lease for the construction of the Comarnic–Brasov...
Prefab Revenue Down 45% In 1Q To RON8.5M
Romanian building materials maker Prefab (PREH.RO) announced its revenue dropped 45% in the first quarter, to 8.5 million lei (EUR1.9 million) from RON15.7 million a year earlier, while net...