Companies
Romania Contracted Projects Worth EUR4.5B Through Regional Operational Program
The EU-funded projects contracted by Romania through the regional operational program (POR) by the beginning of this week are worth EUR4.5 billion and exceed the budget allotted to the progr...
Investments In Romania Continue Decline. FDI At EUR1.12B In 8 Months, Down 52% On Year
Romanian foreign direct investment, or FDI, fell 52% to EUR1.12 billion in the first eight months, from around EUR2.35 billion in the year-earlier period, the central bank said Thursday.
Business Vs BNR: Lower Rates Needed To Boost Consumption
Lower interest rates would allow the government to borrow cheaper and implicitly help the economy, but the Romanian central bank (BNR) is more preoccupied with protecting the leu rather than...
Baumeister Sees Sales At EUR40M In 2011, Looks At Infrastructure Projects
Construction company Baumeister controlled by the Adamescu family, which also owns Unirea Shopping Center in Bucharest, expects sales to reach about EUR40 million this year, up almost 70% fr...
Gefco Expands Office, Expects EUR40M Revenue This Year
Gefco Romania, the logistics unit of PSA Peugeot Citroen group, has expanded to 4,500 square meters its space in the ProLogis industrial park, 23 kilometers away from the capital on the Buch...
Ameropa Grains Seeks Delisting In View Of Smoother Operation
The owner of Ameropa Grains (CCRL.RO), the sole cereal trader listed on the Bucharest Stock Exchange, has recently launched an offer to buy 4% of the company’s shares, in view of delisting.
Hungary’s Abo Puts Up Its Romanian Operations For Sale
Hungary’s Abo Group, a top-ten company on the Romanian milling and bakery market, has put its business up for sale, as well as the tens of millions of euros in assets it holds in Romania.
Gatej, Amcham: No Signals Of U.S. Companies Wanting To Leave Romania
Alexandra Gatej, president of the American Chamber of Commerce in Romania AmCham, says the sentiment of U.S. companies towards Romania is good, that they continue to be interested in investi...
Romania Signs Up Pedersen&Partners To Recruit Management For State-Owned Firms
Romania's Ministry of Economy and Pedersen&Partners Consulting on Tuesday signed the contract for counseling regarding the recruitment of private management for state-owned companies.