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Romania Spends On Thumbtacks As Much As On Investments
Social/Politics

Romania Spends On Thumbtacks As Much As On Investments

The Romanian state’s goods and services expenditure equal investment expenses, while the situation is different when it comes to EU-funded contracts, which proves European norms impose great...

Ioana Tudor · 21.12.2011 · 14:48 · 2 min
Banks-Insurance

EBRD Invests EUR8.8M Loan In Water Infrastructure In SE Romania

The European Bank for Reconstruction and Development Wednesday said it will extend a EUR8.8 million loan to public utility company Dunarea SA Braila to improve water services in Braila count...

Florentina Dragu · 21.12.2011 · 14:04 · 1 min
Companies

Teraplast Sells Ceramic Tile Business For EUR1M

Romanian construction materials maker Teraplast (TRP.RO) Wednesday said it has sold its ceramic tile business to Teracota Bistrita, for EUR1 million.

Andrei Cîrchelan · 21.12.2011 · 12:29 · 1 min
Top Ten Events In Agriculture Business In 2011
Companies

Top Ten Events In Agriculture Business In 2011

Romania had its best agricultural year of the last five years, and grain traders moved fast consolidating their business through acquisitions. Next year looks like it will be difficult becau...

Gabriel Razi · 21.12.2011 · 00:00 · 4 min
Companies

Meda Keeps Sales Steady But Profit Drops

Meda Prod 98, one of the top 20 cold cuts producers in Romania set 101 million lei (EUR23.4 million) as its revenue target in 2011, the same as last year. Costs will increase, though, bringi...

Gabriel Razi · 21.12.2011 · 00:00 · 2 min
Social/Politics

Romania Wants To Allot Redirected EU Funds To Develop High-Power Laser

The Romanian Government’s priorities in allotting redirected EU funds are the development in Magurele, southern Romania, of a high-power laser of over EUR200 million, the projects regarding...

Ioana Tudor · 20.12.2011 · 17:29 · 1 min
Top Ten Road Infrastructure Contracts: Money Goes To Construction, Rather Than Upgrades
Automotive

Top Ten Road Infrastructure Contracts: Money Goes To Construction, Rather Than Upgrades

The ranking of the top ten infrastructure projects awarded this year shows that the Transport Ministry is finally prioritizing spending and moving money from road repairs to highway construc...

Loredana Frățilă-Cristescu · 20.12.2011 · 14:12 · 4 min
Top Ten Events In Construction Industry In 2011
Companies

Top Ten Events In Construction Industry In 2011

Even though the local economy has not made it out of the crisis yet, construction and construction materials makers continued investments this year, announcing new plants or acquisitions of...

Loredana Frățilă-Cristescu · 20.12.2011 · 00:00 · 5 min
HR

HR Managers’ Tasks For 2012: Boost Employee Productivity, Keep Them Motivated, Continue Restructuring

After more than three years during which layoffs, training cost reduction, salary or benefit cuts have been the priorities on the agenda of the human resources managers, the start of 2012 do...

Oana Gavrila · 19.12.2011 · 00:00 · 3 min