Companies
Romania To Grant EUR19M State Aid To Premium Aerotec Plant At Ghimbav
Romania's Government will provide a total EUR19 million in state aid to the Premium Aerotec aircraft part factory at Ghimbav, Brasov county, Prime Minister Emil Boc said Tuesday.
French Businesspeople In Romania Complain They Were Requested Bribes - Diplomat
French Ambassador to Bucharest Henri Paul told MEDIAFAX in an interview Tuesday French businesspeople present in Romania complained about being requested bribes.
One Tractor For Every 16 Romanian Farmers
With a 9.4 million-hectare farming area, Romania has a 175,000-tractor fleet, while Poland, with 14 million hectares, has 1.5 million operational tractors, UN’s Food and Agriculture Organiza...
Straco’s Owners Join The ‘Asphalt Kings’ League
Brothers Alexandru and Traian Horpos, the majority shareholders in Straco Grup builder, which has mainly developed through contracts with Bucharest sector and city halls, have won contracts...
Corporate Insolvency Market Affected By Insufficient Funds - CITR
As many as 96% of Romanian insolvent companies end up declaring bankruptcy due to fund shortage from creditors to cover procedure costs and reduced refinancing possibilities, according to Tr...
We Have Clients Even For EUR20,000 Swimming Pools, Say Suppliers
When the plane is about to land on Bucharest’s Otopeni airport, one can see thousands of new villas built in the past few years in the northern area of Bucharest, as well as increasingly mor...
Udrea Plans To Expropriate Run-Down Seaside Hotels
Hotel owners on Romania’s Black Sea coast, who keep their units in poor condition or closed, must be forced to open them to tourists, or be expropriated starting this fall, Regional Developm...
Radu, UniCredit: Crisis Opens Up Opportunities For Arising Of Local Champions
The Romanian economy could use the conditions generated by the crisis to come up with stronger local companies, capable of achieving the status of “national champion”, as well as operate abr...
Export Of Wood Products Up 33% Last Year
Wood processing companies invested hundreds of millions of euros in plants and thought they would find it difficult to sell their production in a time of crisis. But 2010 was a good year for...