Companies
Capital Partners Sees Romania's M&A Market Flat At EUR300M In 2011
Romanian mergers and acquisitions market is likely to stagnate at around EUR300 million-EUR320 million in 2011, despite a 20% annual increase in the first half of the year, investment-bankin...
Number of Insolvencies Down 5.7% To 13,265 In First 8 Months
A total 13,265 firms went insolvent in Romania within the first eight months of the year, 5.7% less than in the same interval of the previous year, according to data from the national trade...
TUI Head: I’ve Never Heard Romania’s Tourism Brand Slogan
Klaus Pumpel, chief executive officer of tour operator TUI Austria, says he knows nothing about Romania’s tourism brand launched last year after a EUR900,000 investment and he has not heard...
Policolor: Government Investments Should Support Paint Industry
The home thermal insulation programs and investments in protecting constructions such as bridges and utility poles could stimulate the Romanian varnish and paint industry, says Achille Barde...
Intercontinental Bucuresti To Buy Back 10% Of Its Shares
Romanian hotel operator Intercontinental (RCHI.RO) plans to buy back up to 10% of its shares, pending shareholders approval, the company said Tuesday.
Needed Skills For New Managers Of State-Owned Companies
The profile of the future managers of state-owned companies should include significant experience of at least ten years in top management positions with market leading companies, as well as...
Gealan Romania Expects Slight Increase In Sales, From RON153M In 2010
PVC profiles maker Gealan Romania expects a sight increase in sales this year, from 153 million lei (EUR35.75 million) in 2010, based mainly on the launch of new products.
Zimtub Holders Opposing Delisting Offered RON3.96 Per Share
The minority shareholders of steel tube maker Zimtub (ZIM.RO) who disagree with the company’s delisting will be able to sell their stock to the company at 3.9647 lei (EUR0.928) per unit, dou...
Danube Delta Tourist Numbers Remain Low
Official data reveal that less than 9,000 tourists visited the Danube Delta in the first seven months of the year. For comparison, only the George Enescu music festival in Bucharest attracte...