Companies
ARACO: Romania’s Construction Market Down 4% In 2011, To EUR9.3B
Romania’s construction market dropped 4% last year, to EUR9.3 billion, from EUR9.7 billion, and this year it could reach EUR9.3-9.5 billion in best-case scenario, according to construction e...
Tenaris Buys Romanian Plant From US Cameron
The Tenaris group on Thursday said it has bought one of the two production units owned by US oil and gas equipment maker Cameron.
Major Romanian Constructor Seeks Contracts In Germany
Hidroconstructia, the largest Romanian construction company, with over EUR232 million in turnover in 2010, has opened a branch in Kircheim, Germany, according to information in the Official...
Romania Saw EUR1B Worth Of M&A Deals In 2011
Transactions worth almost EUR1 billion were sealed last year on the Romanian market, down from the almost EUR7 billion recorded in 2005 and close to the 2010 level, according to data of Raif...
Relocation Of Low-Cost Airline Flights To Boost Business For Otopeni Operators
The largest airport in Romania, Henri Coanda (Otopeni), will see passenger traffic increase by 45% to 47% as of March 25, when all the low-cost flights currently operated from the Baneasa Ai...
ArcelorMittal Reduces Production Because Of Delivery, Supply Problems
Steel processor ArcelorMittal Galati on Wednesday announced it has reduced production because ice is blocking the navigable ways on the Danube, which poses difficulties in deliveries and raw...
Liquidator CITR Manages Companies With EUR1.9B Debts, EUR430M Assets
Companies managed by liquidator Casa de Insolventa Transilvania (CITR) have debts worth a total EUR1.9 billion and assets evaluated at EUR430 million, according to company co-founder Andrei...
Holcim Romania 2011 Cement, Clinker Volumes Up 7.3% On Year
Cement maker Holcim Romania posted a 7.3% year-on-year rise in cement and clinker volumes sold in 2011, based on large urban projects and investment in infrastructure, the Swiss group said i...
How A Family Travel Business Battled The Crisis
The passion for travel drove Roxana Balcescu, chief executive and co-owner of CMB Travel (along with her husband, Cristian Balcescu) to the adventure of building a brand for a travel agency...