Companies
Companies Controlled By Nelu Iordache See Business Shrink By EUR350M Due To Crisis
The group of companies controlled by businessman Nelu Iordache, with operations in constructions, air transport (Blue Air) and agriculture, went from turnover of around EUR660 million in 200...
Top Car Importers Return To Profit
Top car importers returned to profit in 2010, after almost two years in which they had posted losses, due to a decline in car sales.
Farmexim Recruits Former Executive Of Rival Farmexpert
Cezar Zaharia, the manager who quit his executive director position with pharmaceutical wholesaler Farmexpert this February, was recruited by businessman Ovidiu Buluc, shareholder of wholesa...
Romania To Sell 20% Stake In Airline Tarom On Bucharest Stock Exchange
Romania's Government on Wednesday approved the sale of 20% of national airline Tarom's shares on the Bucharest Stock Exchange, as per the state's commitments to the International Monetary Fu...
Leader Change In Largest Romanian Builders’ Ranking
The ten largest Romanian-owned builders last year posted cumulated turnover of nearly EUR1.3 billion, namely 14% of the estimated constructions market value.
ArcelorMittal Growth Below Expectations, Silcotub Becomes Most Profitable Steel Plant
Romania’s largest steel plant, ArcelorMittal Galati, controlled by Indian billionaire Lakshmi Mittal, last year slashed its losses four times, to EUR81.3 million, as its turnover rose by 16....
Steel Industry Turnover Up 50% Last Year
Romania’s steel industry saw a strong increase last year, with the cumulated turnover of the 20 largest companies on the market advancing by 47%, to EUR2.7 billion, according to a ZF analysi...
20 Most Profitable Companies In Romania Cumulate EUR1.77B In 2010 Earnings
The 20 most profitable companies in Romania posted cumulated net profit of EUR1.77 billion in 2010, up 2.3% against the previous year, shows a Ziarul Financiar analysis of the financial stat...
Borbely: Rosia Montana Project Developer Must Lower Cyanide Concentration
Romanian Environment Minister Laszlo Borbely on Tuesday said he asked Rosia Montana Gold Corporation (RMGC), the company which develops the gold mining project at Rosia Montana, to further l...