Companies
Ernst&Young: Romania M&A Market Down 28% To $909M In 2011
Romanian mergers and acquisitions market fell 28% on the year to $909 million in 2011, despite a slight increase in the number of closed deals, according to Ernst&Young data.
Romania's Creditors Barred From Placing Distraint On Shares In State Companies For Five Years
Romania's Government will bar the state's creditors from launching forced execution proceedings or placing distraint on shares in national companies received as guarantees, and will also ref...
Romania Lowers Expectations For Tarom Privatization, Eyes EUR7.4M IPO
Romania's government has lowered expectations for its planned sale of a 20% stake in state-run airline Tarom, saying that it now estimates to raise up to EUR7.4 million in the initial public...
European Funds And Agriculture To Be Romet’s Growth Drivers
Buzau (SE Romania) businessman Constantin Toma, who successfully steered the Romet group towards EUR300 million sales last year, plans to consolidate business at this level in 2012 and also...
Romet 2011 Sales Up 10% YY To EUR300M
Romanian group Romet reported sales of some EUR300 million for 2011, up 10% on the year, fueled by EU-funded projects and exports.
Wienerbeger Plans EUR22M Investment In NE Romania
Austrian group Wienerberger, one of the world’s largest brick systems makers and the largest producer of its type in Europe, announced plans to build a plant in northeastern Romania, with an...
The 50 Largest Business Centers In Bucharest Accommodate Over 100,000 Employees
The past ten years have seen the construction of 50 large business centers and of office buildings covering 10,000 square meters each, where over 100,000 employees of the largest banks and c...
Italian Group De Longhi Might Replace Nokia At Jucu
Italian home appliances manufacturer De Longhi, with global revenues of over EUR1.6 billion and 7,083 employees in 2010, is in advanced talks with representatives of the Cluj County Council...
Socep Barometer: Traffic Down In Constanta Harbor In December. Will Economy Go Down, Too?
Harbor operator Socep Constanta (SOCP.RO) says that cargo traffic handled by the company and the entire harbor witnessed a significant decline over the past couple of months, and prospects f...