Companies
Over 11,000 New Jobs And Investments Of EUR1 Billion Announced In First Two Months
Retailers, IT firms, manufacturers of auto parts, outsourcing centers, as well as investors in wind farms have announced they will create over 10,000 jobs this year on the Romanian market, w...
Vrancart Seeks To Triple Profit In 2012 After EUR15M Investments In Last Two Years
Paper and cardboard maker Vrancart Adjud (VNC.RO), controlled by regional investment fund SIF Banat-Crisana (SIF1.RO), set out to triple profit this year to 6 million lei (EUR1.4 million) ac...
ArcelorMittal Romania Sales Up 11% To $931M In 2011
ArcelorMittal, the world’s largest steelmaker, reported total sales of $931 million at its Romanian units in 2011, up 11% from $837 million in 2011.
French Ambassador: In Business The French Trust Romanians
After four years and a half spent in Bucharest as the leading diplomatic representative of France, Ambassador Henri Paul, currently at the end of his term, will return to Paris to the French...
Central Bank Deputy Governor Becomes President Of Commercial Arbitration Court
Bogdan Olteanu, deputy governor of the Romanian central bank, took over at the end of January as president of the Court of International Commercial Arbitration attached to Romania’s Chamber...
Mechel Announces Romanian Plants Resume Production After Halt
Russia’s steel giant Mechel Wednesday said three of its four Romanian plants that ceased production because of bad weather have resumed operations, while the last one is scheduled to start a...
Packaging Maker Rondocarton In Talks To Become De'Longhi Supplier
Rondocarton, which owns corrugated cardboard plants near Romanian cities Cluj and Targoviste could become one of the suppliers of Italy’s De'Longhi SpA, which has recently announced an inves...
Duraziv Reports 34% Increase In 2011 Sales, To EUR18M
Romanian construction materials maker Duraziv, owned by businessman Daniel Guzu, Monday announced a 34% increase in its 2011 sales, to EUR18 million, while forecasts for this year point to a...
Mechel Targoviste To Resume Activity On Feb 27
Russian group Mechel on Monday announced that activity at steel processor Mechel Targoviste (COS.RO) might be resumed on February 27, since the weather conditions are improving.