Companies
Happy Tour Not Planning More Acquisitions, Despite Number Of Offers
Happy Tour, the largest Romanian tour agency by turnover, has received offers from more than 15 other large and medium-sized agencies looking to be taken over, but the company is not plannin...
Romania's New Government Pledges Transparent Analysis On Rosia Montana Mining Project
Romania’s new Cabinet proposed by Prime Minister-designate Victor Ponta plans to order an in-depth analysis on the gold mining project in Rosia Montana, western Romania, and to further base...
Ponta Cabinet Vows To Merge Farmlands, Refurbish Irrigation Infrastructure
The governing program of Romania’s new Cabinet proposed by Prime Minister-designate Victor Ponta targets to speed up farmland merger, refurbish the irrigation infrastructure using EU funds,...
Government Change Delays Romania's Privatization Plans
Oltchim Ramnicu Valcea (OLT.RO), the largest chemical plant in Romania, posted losses of 82.8 million lei (around EUR19 million), which means that for every day its privatization is delayed,...
Mechel Campia Turzii Loss Widened To RON107M In 2011
Romanian steel works Mechel Campia Turzii (INSI.RO) last year posted losses of 107.2 million lei (EUR25.3 million), 40% higher than in 2010, but expects the losses to decrease by 31% this ye...
Lebanese Businessmen Eye Investing $100M In Romania’s Tourism, Agriculture, Services
Several Lebanese businessmen plan to invest over $100 million in projects in Romania’s tourism, agriculture and services in the next two years, Lebanese-born businessman Mohammad Murad told...
GfK: Romanian Economic Expectations Improve, But Consumer Spending Falters
Romanian economic expectations have improved slightly in the first three months of 2012 from a quarter earlier, but consumers are more restrained with their money, a survey from market resea...
Almost Half Of State Companies Allotted Some RON25M For Sponsorship, Protocol
Almost half of Romanian companies controlled by the state, mainly those under the authority of the Economy Ministry, budgeted over 25 million lei (EUR5.6 million) for 2012, for sponsorship,...
PM-Designate Victor Ponta Announces Minister Nominees
Romania’s Prime Minister-designate Victor Ponta on Tuesday evening presented the list of minister nominees.