Companies
Economy Ministry Companies Reduced Arrears, Posted 50% Lower 9-Mo Losses
The companies under the Romanian Economy Ministry's authority and monitored by the IMF have reduced their arrears, cut their personnel expenses by 4.5% and posted 50% lower losses in the fir...
Consultant To Start Looking For Posta Romana Investor In December
Romania's Ministry of Communications will select a consultant, who in December will begin looking for a strategic investor to take over a stake of up to 33% in the national postal company Po...
Government Extends List Of Priority EU Projects To 100
Romania's Government and the IMF agreed Wednesday evening to extend the list of priority EU-funded projects, from 60 to 100, but only by adding projects in need of low financing, less than E...
2011 Could Be The Best Year Yet In Arctic’s History
Home appliances maker Arctic could end the year with EUR260 million in turnover, up 16% on the year if the rise continues at the same rate in the last quarter as in the previous three. So, a...
Companies Allowed Until December 15 To Update General Employee Registry
Romania's Government has pushed the deadline by which companies may register or update the data in the General Registry of Employees (REVISAL) to December 15, 2011.
State-Owned Companies To Be Inspected Regularly, According To Court Of Accounts Schedule
Economic inspections of Romanian state-owned enterprises, checking their progress towards revenue, spending cut and arrear reduction targets, will be carried out according to monthly, quarte...
Entrepreneurs Still Cling To Pre-Crisis Prices, Say Investment Bankers
Several hundred companies are for sale on the Romanian market, most of them SMEs, but the number of done-deals is extremely low compared with the 2007-2008 period, when investment funds and...
How Much Businesspeople Felt The 3% Economic Growth Announced By Basescu For 3Q
The more significant economic growth in the third quarter, estimated at 3%, has been noticed especially by businesspeople working in the agricultural sector, in tourism and in exports, but n...
Government's List Of Priority EU Projects: Worth EUR7B And 0% Completed
Romania's Government has drawn up a list of 60 projects financed by the EU that will be monitored with priority, most of them at little over 0% completion despite being worth more than EUR7...