Companies
Baumit Considers Building New Plant Over Next Few Years
Construction materials producer Baumit Romania, part of Austrian group Schmid Industrie Holding, is considering building a new dry mortars plant with a capacity of 300,000 tons, after last y...
Orange: The Good Farming Year Helped Our Sales
The record-breaking farming output this year had a positive impact on the mobile telephony market, says Florin Popa, Sales and Distribution director of Orange, the largest telecom operator i...
Umbrarescu Controls Two Of Most Valuable Construction Companies On The Market
Five of the most valuable 20 companies owned by Romanian entrepreneurs operate in the constructions industry, and their cumulated value exceeds EUR520 million.
Romania's Thermopane Market Seen At EUR350M In 2011
Romania's thermopane market could decline in value to EUR350 million this year, from EUR500 million in 2010, and the best case scenario points to an overall value of EUR400 million, Tuesday...
Furniture Maker Cotta International Sees 2011 Sales Up To EUR65M
Furniture maker Cotta International Arad on Monday announced that it expects sales to reach EUR65 million this year, mainly based on exports.
Top Companies On Stock Market Have Cash Reserves Of Over EUR900M
The sovereign debt crisis caught the most important 50 companies on the Bucharest Stock Exchange with cash reserves that stood at 4 billion lei (EUR910 million) on September 30. Their short-...
Wood Processors Optimistic About 2012: Construction Market Seen Most Promising In Europe
Wood processing companies are optimistic about 2012 and either have investments in progress such as Egger or are thinking about expanding production capacity, such as Austria’s Kronospan int...
Monetary System Independence, Major Advantage For Romania
In Romania for one day at Ziarul Financiar’s invitation, Financial Times columnist Wolfgang Munchau, said that it was important for Romania to keep its goal to join the euro zone but only wh...
Radu Enache At His Fifth Sale&Lease Back Deal
Businessman Radu Enache, owner of the Continental hotel chain, sold the Ibis Hotel in Sibiu evaluated at EUR10 million in a sale&lease back deal, company officials say. The contract was sign...