Companies
Government Might Close "Social" Railway Lines If Earnings Below 50% Of Estimates
Romania's Government will consider closing railway lines used by subsidized passenger trains, if their revenue is lower than 50% of the forecast level.
Romanian Authority Issues Archaeological Discharge Certificate For Rosia Montana Gold Mining Project
The county department for culture in Alba, western Romania, issued Thursday an archaeological discharge certificate for part of the Carnic mountain, in a bid to preserve archaeological vesti...
Udrea Says Investments Underway In Spa Tourism Amount To EUR30M
Investment projects in spa tourism infrastructure currently underway in Romania amount to EUR30 million, Regional Development and Tourism Minister Elena Udrea told a news conference Thursday...
Boc Says Romania Plans To Simplify, Speed Up Startup Procedures
The Romanian Government wants to shorten the average time to start a business from ten days to no more than three days, as recommended by the European Union, Prime Minister Emil Boc said Thu...
10,000 New Companies In Farming Sector In 1H
Romanian agriculture has suddenly become interesting for investors, with 10,000 new companies being set up in the sector in the first half of this year, 80% more than in the similar period o...
Georgica Cornu Expects Confort’s Business To Stay At Least At 2010 Level
Timisoara-based builder Confort, part of the Izometal Confort group controlled by businessman Georgica Cornu, last year posted turnover of around 670 million lei (EUR156 million), up around...
Romania May Bar Company Takeover Operations Which Threaten National Security
The Romanian Government may block company takeover operations if the country’s defense council CSAT believes such moves threaten national security.
Trade Registry: Nearly 11,000 Companies Went Belly Up In 1H
Romania's Trade Registry Wednesday said 10,979 companies filed for insolvency in the first half of 2011, down 2% from 11,221 companies in the same period a year earlier.
EADS Brasov Plant Set To Export Its Entire Production
Aerospace giant EADS, maker of Airbus aircrafts, will export the entire production of the part factory located in Ghimbav, Brasov, and will hire another 300 people by late 2013, a year when...