Companies
Government To Reconsider State Aid, Guarantee Schemes For Next Year
Romania's Government will reconsider the state aid and guarantee schemes next year, to improve access to lending for the private sector, including small and medium enterprises, says a press...
Agricola Bacau Posts RON385M Sales In Jan-Sep
Agricola Bacau on Tuesday reported sales of 385 million lei (EUR90.92 million) for the first nine months of the year, up 23% from RON313 million in the same interval of 2010.
Philips’ Exports Of Espresso Machines Produced In Romania Stood At EUR47M Last Year
Dutch giant Philips owns a fully automatic espresso machine plant in Orastie, western Romania, which reached nearly 200 million lei (around EUR46.3 million) in turnover last year, double as...
ArcelorMittal Galati Restarts Furnace After EUR80M Upgrade
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, Monday said it has resumed operations at its fifth blast furnace, which was shut down for relining and moderniza...
Romania Might Raise Stake In Rosia Montana If It Adopts Laws Supporting Mining Cos
The Romanian Government is in negotiations with Canadian company Gabriel Resources to increase its stake in Rosia Montana Gold Corporation (RMGC) from 19.3% to 22.5%.
LeasePlan Romania Posts EUR1.43M Profit In Jan-Sep
Leasing firm LeasePlan Romania on Monday announced a net profit of EUR1.43 million in for the first nine months of the year, while sales reached EUR22 million.
Cupru Min To Be Put Up For Privatization With Record Profit In First Half
Cupru Min, which holds the rights to mine the largest copper deposit in Romania, near Rosia Poieni, accounting for some 60% of the total national copper reserves, will be put up for privatiz...
Lawyer Mihai Mares Creates New Firm With Former ZRP Partner
Lawyer Mihai Mares, who between 2008 and 2010 led the Romanian operations of Spanish law firm Garrigues, has partnered with Lucian Danilescu, former partner at Zamfirescu Racoti Predoiu (ZRP...
State’s Stake In Rosia Montana Might Be Raised If Romania Adopts Laws Supporting Mining Companies
The Romanian Government is in negotiations with Canadian company Gabriel Resources to increase the state's stake in the Rosia Montana Gold Corporation (RMGC) from 19.3% to 22.5%, according t...