Companies
Avioane Craiova Inks $1.7M Deal With Israeli Elbit Systems
Romanian state-owned plane maker Avioane Craiova (AVIO.RO) concluded a $1.7 million contract with Israeli Elbit System for the delivery of telecom systems for aircraft.
Romanian President: State, Private Sector Equally Blamable For Corruption, Lack Of Competitiveness
The state can’t be uncompetitive or corrupt by itself and it has a partner in the private sector, Romanian President Traian Basescu said Wednesday, adding he is not blaming anyone but respon...
FAN Courier Eyes 10% Rise In 2011 Sales, To EUR49M
Romanian courier firm FAN Courier on Wednesday said it expects turnover to reach some EUR49 million this year, up 10.1% from EUR44.4 million in 2010.
Romania To Draw At Least EUR500M Through POR By End 2012
A further EUR500 million will go into the economy by the end of next year from repayments from the European Commission for beneficiaries of programs financed through the Regional Operational...
Major Adhesives Makers Grow, Market Declines
The adhesives market shrank by about 15% in the first nine months, as private and public investment did not rebound, says Marcel Barbut, who controls adhesives and construction supplies make...
Twenty Companies Got EUR2.5B Worth Of Loans This Year
The cumulated value of the 20 largest banking loans accessed by local companies this year exceeds EUR2.5 billion after banks were much more cautious with lending in 2010, reveals an analysis...
Adeplast Builds EUR10M Dry Mortar Plant In NE Romania
Romanian building materials producer Adeplast will invest EUR10 million in a new adhesives and dry mortar plant in the northeastern city of Roman, general manager and company’s main sharehol...
DPD Romania Eyes 10% YY Rise In December Deliveries
Courier and logistics firm Dynamic Parcel Distribution, or DPD, Tuesday said it expects deliveries to increase by 10% in December compared to the same interval of 2010.
Aerostar Bacau Plans To Invest RON21M In 2012
Romanian plane parts maker Aerostar (ARS.RO) on Tuesday said it plans to invest 20.9 million lei (EUR4.8 million) in 2012, up 44% from RON14.5 million, the amount estimated for this year.