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Social/Politics

Tourism Association ANAT Wants Preferential Tariffs For Romanian Tourists To Bulgaria

Romanian tourism association ANAT has asked Bulgarian hotel owners to set preferential tariffs for Romanian tourists, considering Romania is the number one source of tourists to Bulgaria, AN...

Ecaterina Craciun · 03.02.2012 · 17:33 · 1 min
George Copos Sees His Companies’ Profit Rising In 2012
Companies

George Copos Sees His Companies’ Profit Rising In 2012

Businessman George Copos, who owns several hotels on the Romanian market, engine plant Ana Imep, as well as other businesses in bakery and real estate, said he started 2012 more relaxed than...

Mirabela Tiron · 03.02.2012 · 00:00 · 2 min
Automotive

Romanian Operating Leasing Market Seen Growing Up To 20% This Year

Romania’s operating leasing market is expected to grow 15%-20% this year, after a 17% growth last year, according to estimates of the local Association of Operating Leasing Companies (ASLO).

Oana Gavrila · 02.02.2012 · 12:19 · 1 min
Government Listing Plans vs. Achievements
Capital Market

Government Listing Plans vs. Achievements

The Romanian Government has been promising the International Monetary Fund (IMF) for two years that it will sell on the stock exchange minority stakes in the main state-run companies in the...

Radu Bostan · 02.02.2012 · 00:00 · 5 min
Companies

Who Keeps Track Of Romanian Entrepreneurs In The Local Economy?

Portuguese-held Martifer, Greek-held Olympus and US-held Delphi in 2011 made the largest greenfield investments in the Romanian economy, according to a ranking supplied by the Economy Minist...

Radu Bostan · 02.02.2012 · 00:00 · 4 min
Social/Politics

Romania To Amend Merger Rules, Following EC Warning

Romania's Justice Ministry has developed a draft emergency ordinance to implement the simplified rules on floated company mergers and divisions, following a warning from the European Commiss...

Radu Bostan · 01.02.2012 · 16:27 · 2 min
Renania 2011 Sales Rise To EUR22.2M
Companies

Renania 2011 Sales Rise To EUR22.2M

Romanian safety equipment supplier Renania Wednesday reported a 21% increase in its sales to EUR22.2 million, just one notch below a record figure of EUR22.3 million recorded in 2008.

Florentina Dragu · 01.02.2012 · 13:11 · 1 min
Why The Largest Tractor Dealer In The US Came To Romania
Companies

Why The Largest Tractor Dealer In The US Came To Romania

Titan Machinery, the largest dealer of farming equipment in the US, which recently entered Romania through the acquisition of Agroexpert Timisoara, chose the local market as its first expans...

Radu Bostan · 01.02.2012 · 00:00 · 2 min
US Titan Machinery Eyes $10M Sales In Romania In 2012
Companies

US Titan Machinery Eyes $10M Sales In Romania In 2012

US Titan Machinery Inc., which runs equipment stores for farmers and builders, estimates will sell agricultural equipment worth over $10 million in Romania in 2012, president Peter Christian...

Florentina Dragu · 31.01.2012 · 14:32 · 1 min