Companies
Elena Udrea: Travel Operator Thomas Cook To Return To Romanian Market In 2012
Thomas Cook, one of the world's largest travel companies, will once again bring German, Swiss and Austrian tourists to Romania, starting next year, having withdrawn from the local market in...
Romanian Companies To Raise Salaries By Up To 7% In 2011 - Survey
Companies operating in Romania will increase salaries by 4% to 7% in 2011, depending on the position employees and the sector in which companies operate, according to a survey conducted by c...
Romanians Expected To Spend EUR350M This Year On Window Replacements
Romanians are expected to spend over EUR350 million this year to replace windows, according to estimations by local glass market leader Saint-Gobain Glass Romania.
Ten Seaside Hotel Operators With 10,000 Rooms Barely Match Turnover Of Two McDonald’s Restaurants
The privatization of hotels on the Romanian Black Sea coast has had a paradoxical effect: lacking investments and efficient management, many hotels are empty.
Fund Managers Have Different Expectations Regarding Stock Market
Fund managers have divergent opinions on the trend the Bucharest Stock Exchange will follow until yearend.
IFC Might Issue Leu-Denominated Bonds In Romania
IFC, the World Bank’s investment arm, is likely to issue leu-denominated bonds on the Romanian market, should there be any infrastructure projects needing significant funding. Such a move wo...
Borbely: Rosia Montana Mining Project Does Not Need EU Approval
The Rosia Montana project must comply with European best practice guidelines regarding cyanide mining, but does not require any special authorization from the European Commission, Romanian E...
Romania To Pay Farmers EUR3.7M For Losses Caused By E-coli Scare
Romania’s Government will pay vegetable producers EUR3.75 million to compensate for their losses caused by the E-coli epidemic scare this summer, according to a draft government decision.
Government Assigns RON18M To Schools To Pay Off Construction Debts
Romania’s Government has assigned 18 million lei (EUR4.2 million) to the Education Ministry’s 2011 budget to pay off debts schools across the country have to construction firms for renovatio...