Companies
Miele Tehnica Registered Revenues Of RON71M In 2010
Miele Tehnica, the Brasov-based plant of German luxury home appliances manufacturer Miele, ended last year with 71 million lei (almost EUR17 million) in revenue, five times higher than in 20...
Manchester United’s Trip To Bucharest Gives Hotel Market Quite A Boost
The football match between Romania’s champions Otelul Galati and Manchester United on October 18 is lifts the spirits of Bucharest hotel operators as talks to provide accommodation to the En...
MG-Tec Sees Sales Down 14% In H1
MG-Tec Grup based in Dej (NW Romania) and controlled by businessman Ioan Tecar posted 179.6 million lei (EUR42 million) sales in the first half of the year, down about 14% compared to the sa...
Foreign Shareholders Afraid To Leave Their Businesses In The Hands Of Romanian Managers
The lack of trust in Romanian managers, a foreign company’s international presence and its need to control the business are a few of the factors that prompted those at the helm of large mult...
Potential Private Sector CEOs Who Should Run State-Owned Companies
The race to find private sector managers for state-run companies starts on Monday. ZF has put together a list of manages that might make the shortlist of the headhunters involved in the proj...
Vulcan Manager: We Have Orders, But Need To Change The Business Model
Adrian Volintiru, who was recently appointed general manager of Vulcan Bucuresti (VULC.RO), presented the measures he wants to implement in order to put the company back on track.
Romet Group Expects 10% Higher Sales In 2011
Romanian group Romet Buzau expects sales to rise 10%-15% on the year in 2011, from EUR274 million last year, based on the evolution of its main segments of activity, namely environment, ener...
Pedersen&Partners Wins Auction To Recruit Managers For State-Owned Firms
The local branch of Dutch executive search firm Pedersen& Partners, run by headhunter Mona Neagoe has won the first auction for a recruiter of private management at large state-owned compani...
Romania Might Cap Compensation To Persons Abusively Expropriated During Communist Period
Romania’s Finance Ministry is analyzing the prospect of capping compensation awarded to former owners of property nationalized during the communist regime, considering that other solutions w...