Companies
Romanian Furniture Producers Say It’s Time To Gain Back Lost Markets
Furniture producers are again eager to tap into foreign markets, where there is renewed interest for Romanian producers, after pre-crisis partners had abandoned them in favor of Asian compan...
Turism Felix Invests EUR20M In Five-Star Spa Hotel
Hotel operator Turism Felix (TUFE.RO) on Wednesday said it will invest EUR20 million in Romania’s first five-star spa hotel, which will be launched at the end of next year.
ZF Exclusive: Plans For Private Management As Seen From Inside The Economy Ministry
The plan to bring managers from the private sector to the helm of the large state-controlled companies is a strategic target for Romania and will be carried out at any price.
Aerotravel: Fear Of New Crisis Dented Sales, After 25% Increase In 1H
Antonio Nitu, general manager of travel agency Aerotravel Lufthansa City, owned by Mihai David, said the company’s sales rose by 25% in the first half, above expectations, but on the rumors...
Five Years After Floating Transelectrica, State Pledges To Keep To Listing Scheme
The listing of Transelectrica (TEL.RO), in September 2006, was the first major stock offering the Romanian government carried out on the Bucharest stock exchange. In the five years since the...
PwC To Advise ANCOM On Posta Romana For EUR156,000
Romania’s telecom regulator ANCOM has selected PricewaterhouseCoopers Audit to provide it with consultancy services it needs to develop the accounting registry system of postal company Posta...
Anca Ioan Takes Over Management Of Aton Transilvania
Anca Ioan, one of the most powerful businesswomen in Romania several years ago, when she ran Ion Tiriac’s over EUR1 billion holding, has returned to business by taking over the management of...
Leader Change In Wood Industry: Gerald Schweighofer Beats Romsilva
Holzindustrie Schweighofer, controlled by the powerful Austrian businessman Gerald Schweighofer, in 2010 became the largest company in the wood industry, surpassing Romsilva, which manages s...
35 State Companies Generate EUR10B In Turnover, But No Profit
The 35 largest state-owned companies last year generated overall turnover of nearly EUR10 billion, but made no profit, with their total losses amounting to almost EUR500 million. Ziarul Fina...