Companies
Alcedo To Expand Storage Capacity With Sumitomo Money
Japanese giant Sumitomo plans to increase the storage capacity of recently acquired Romanian company Alcedo, by building new silos, as well as to build a granulated products unit, which woul...
Romania Debt Collection Market Seen Rising To RON300M In 2012
Romanian receivable management market is likely to reach approximately 300 million lei (EUR68.8 million) in 2012, from around RON230 million estimated for this year, receivable management co...
EOS KSI: One Third Of Romanian Companies Have Cash Flow Problems
Nearly one third of Romanian companies have cash flow problems due to unpaid receivables or payment delays and have to write off approximately 5% of the issued invoices, according to a surve...
Vae Apcarom Changes Name To Include Parent Group Voestalpine
Romanian rolling stock maker Vae Apcarom (APC.RO) Monday announced it has changed its name to Voestalpine Vae Apcarom, after parent group, Austria's Voestalpine.
Listed Companies Saw 25% Turnover Growth, Profits Up 140% In Jan-Sept
The cumulated turnover of the most important 100 companies to have published results until Friday (November 18) for the third quarter went up in the first nine months by 25.5% to 41 billion...
Austria’s Kapsch Has EUR10M Investment Budget For Romania
Romania will be at the heart of IT and telecom company Kapsch’s strategy for this part of Europe over the next few years, said Kari Kapsch, chief operating officer of the Vienna-headquartere...
Chimpex Ups Share Capital By RON5.5M
Romanian harbor operator Chimpex Constanta (CHEM.RO) has increased its share capital by 5.53 million lei (EUR1.27 million) to RON27.75 million, the company said in a statement Friday.
Express Carrier UPS: Export Growth Is Above European Average
US express carrier giant UPS, which delivers as many as 23 million packages a day in peak times throughout the world, saw 15% increase in shipments from Romania abroad over the first three q...
Tenaris Plans To Invest $150M In Romania By 2013
Oil pipe maker Tenaris on Thursday announced it plans to invest $150 million in Romania between 2011 and 2013, mainly in the construction of two new production units.