Companies
BNR: Romania FDI Falls To EUR253M In First Two Months
Romanian foreign direct investment, or FDI, fell to EUR253 million in the first two months of 2012 from EUR325 million in the same month a year before, the central bank said Thursday.
Monsanto Plans To Invest EUR40M In Romania
US agricultural seeds producer Monsanto, a giant with $11 billion (EUR8.4 billion) in turnover worldwide and one of the world’s most controversial companies, will invest $50 million (around...
Somaco Sees 2012 Sales Up 10% From EUR21M
Romanian construction materials maker Somaco expects sales to increase by 10%-15% this year, from EUR21 million in 2011, according to Cornel Marian, managing director of Oresa Ventures, the...
Chinese Investors Spend EUR15M On Brick Plant In Constanta County
Chinese investors will complete a EUR15 million investment in a brick plant in Constanta County (SE Romania), the only greenfield manufacturing investment ever made by a Chinese-held company...
Unexpected Development In Privatization Of The Year: Enter Copper Lady
Maria Gherghe buys all the copper from Cupru Min via Ronefer SRL Voluntari and sells it to China. She used to be an employee of the Metallurgy Ministry and then of Conef, the company that co...
Emil Pop, Rehau: In 2012 We Are Waiting To See Where The Romanian Economy Is Going
Emil Pop, general manager of Rehau Polymer, the local subsidiary of German group Rehau, thinks 2012 will not come with major surprises for the Romanian economy, but expects the direction tha...
Romprest To Invest EUR12M In Waste Management Upgrades
Romanian cleaning company Romprest will invest some EUR12 million this year, in a wide project meant to improve selective waste collection, transport, sorting and valuation in and around Buc...
Roman Copper Reiterates Commitment To Romania’s Plans For Cupru Min
Canadian-based Roman Copper Corp. Tuesday reiterated its readiness to implement all terms under the acquisition contract of Romanian copper producer Cupru Min Abrud, including additional fin...
SME Loan Guarantee Fund Granted Guarantees Of EUR162M In 1Q
The National Fund Guaranteeing Loans for Small and Medium Enterprises (FNGCIMM) offered 2,400 guarantees in the first quarter of 2012, which amounted to EUR162 million, up 60% compared with...