Companies
Badea, Clifford Chance: This Year We’ll Have To Close Ranks And Weather The Storm From The “Greek Tragedy”
Lawyer Daniel Badea, managing partner at Clifford Chance Badea, the Bucharest office of the world’s leading law firm Clifford Chance, expects this year to be difficult, both for the economy...
Two Thirds Of Listed Companies Posted Turnover Growth In 2011
The cumulated turnover of the 71 companies listed in Bucharest that have so far reported preliminary results for 2011 rose by 17.6% on the year in 2011 and their cumulated net profit climbed...
Mechel Halts Production At Two More Plants In Romania Due To Weather
Russian steel giant Mechel Friday said it has temporarily shut down production at its Romanian plants Mechel Targoviste and Ductil Steel Otelu Rosu due to shipping difficulties, just a coupl...
Lafarge Romania Posts 4% Increase In 2011 Sales
French group Lafarge on Friday reported a 4% increase in its Romanian sales for 2011, helped by an increase in the amount of industrial and infrastructure projects, but profit declined on lo...
Fertilizers Distributor Comfert Bacau Wants To Invest In Cattle Breeding
Comfert Bacau, a top-ten fertilizers and pesticides distributor, with turnover of almost EUR90 million in 2011, wants to start off on several production projects by the end of the year.
Antitrust Body Probes 11 Companies Suspected Of Rigging Bids For Road Works In Bucharest
Romania’s Competition Council is looking into allegations that 11 construction companies have rigged bids for public works contracts on roads in capital Bucharest.
Constructor Bog’Art Wants To Build Wind Farms, Tap African Markets
Romanian constructor Bog’Art, owned by businessman Raul Doicescu, has over the years built some of the top office projects in Bucharest and plans to take on building wind farms and enter the...
Carbochim Net Profit Drops To RON1.5M In 2011
Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO) on Wednesday reported a net profit of 1.5 million lei (EUR0.34 million) for 2011, down from RON2.1 million in the previous year.
Mechel Suspends Production At Two Romanian Plants Over Bad Weather
Russian group Mechel on Wednesday announced it has temporarily shut down the Mechel Campia Turzii and Ductil Steel Buzau plants in Romania, following problems in raw material supply, caused...