Companies
Romanian Businesspeople Fail To Grasp Concept Of Competition - Antitrust Regulator
Businesspeople in Romania fail to understand and assume the concept of competition, and arbitrarily deem situations that “don’t suit them” as unfair competition, Competition Council represen...
Romanian Government To Soon Draft Ordinance To Regulate Unfair Competition - Antitrust Watchdog
Romanian authorities will complete this winter an ordinance aimed at regulating unfair competition, Bogdan Chiritoiu, president of the Competition Council, said Thursday, adding that duties...
Mechel Posts Over RON2.1 Billion In Turnover With Three Of Its Four Plants In Nine Months
The turnovers of three of the four steel companies owned by Russian group Mechel in Romania climbed by 72% in the first nine months of this year, to 2.1 billion lei (EUR0.48 million), but th...
Senate Approves Bill Appointing Private Management At State-Owned Companies
The Romanian Senate on Wednesday approved with 66 to 23 votes and seven abstentions a bill on appointing private managers at state-owned companies.
ZF Seminar: Excessive Red Tape Remains A Burden For Business
The burden of the fiscal system on the business sector is not the amount of taxes but the excessive red tape, which continues to annoy businesspeople.
Mechel Campia Turzii 9-Month Loss Widens To RON69.3M
Romanian steel works Mechel Campia Turzii (INSI.RO), a unit of Russia's mining and metals Mechel Steel Group, Tuesday said its loss widened 32% on the year to 69.3 million lei (EUR16 million...
COMCM Profit Jumps To RON2.1M In First 9 Months
Romanian construction materials maker COMCM Constanta (CMCM.RO) Tuesday reported a net profit of 2.1 million lei (EUR483,000) for the first nine months, compared to RON173,000 in the same in...
Carbochim 9-Month Sales Up 10% To RON23.1M
Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO), owned indirectly by businessman Catalin Chelu, Friday reported a 10% increase in nine-month sales, to 23.1 million lei (EUR5.5 millio...
International Giant Sumitomo To Take Over Romanian Alcedo
Japanese group Sumitomo will take over 90% of Romanian fertilizer supplier Alcedo within a transaction approved early November by the Competition Council and set for conclusion in the near f...