Companies
Ameropa Holding Inks Agreements To Buy Romanian Azomures
Swiss fertilizer and grains trader Ameropa Holding concluded “a series of agreements” with the Turkish investors owning Azomures (AZO.RO), to buy the Romanian fertilizer maker.
Managers Expect Increase In Retail, Declines In Constructions and Services In Winter Season
Companies expect retail to see a moderate increase, industry to stabilize, and services and construction to decline between November 2011 and January 2012, the statistics institute INS said...
Romanian Industrialist Says Crisis Halved Sales, Profits Went Down 10-Fold, Employee Numbers Down From 7,000 To 2,000
Stefan Vuza, one of the biggest Romanian industrialists, who holds industrial group Serviciile Comerciale Romane (SCR), with activities in the chemical, textile, and car manufacturing sector...
Austrian Kapsch Seeks Highway Taxation, Railroad Comm Projects In Romania
Austrian group Kapsch, with a turnover estimated at EUR1 billion in the current fiscal year, plans a strong development of its IT&C business line in Romania, but it is mainly focusing on pro...
Court Forces Catalin Chelu To Pay Damages For Refusal To File For Takeover
Marking a first on the Bucharest stock exchange, businessman Catalin Chelu was forced by court order to pay damages for not launching an offer to takeover a firm, thus breaching market bylaw...
How 12 Romanian Entrepreneurs Became Business Champions
Perseverance, a clearly set goal and a lot of work are some of the ingredients that have helped 12 Romanian entrepreneurs to build strong, crisis-resistant businesses, which have good growth...
Dutch Feed Giant DSM Buys Plant In Romania
Dutch-held DSM, one of the largest makers of feed additives in the world, bought the plant of Fatrom Aditivi Furajeri (Fatrom Feed Additives) in Ilfov county (near Bucharest). The deal amoun...
Marian Pirvu, Ruukki: Those Who Say A Second Crisis Is Coming Have Not Learned Anything From The First One
The local subsidiary of Finnish giant Rautaruukki, one of the largest manufacturers of metal components in Europe, run in Bucharest by Marian Pirvu, announces a 70% turnover increase for thi...
Romanian Entrepreneurs: We Pay Very High Taxes For Zero Results. Where Does The Money Go?
Ziarul Financiar this week started a campaign about the management of the 195 billion lei (EUR45 billion) that the government hopes to collect for the general consolidated budget in 2012, as...