Companies
Lafarge 2010 Sales In Romania Down 13% To EUR233.7M
French cement and aggregates producer Lafarge reported consolidated sales of EUR233.7 million on the Romanian market in 2010, down 13.4% on the year, Philippe Questiaux, head of the company’...
Romania’s Cement Output Rose 13% In 1Q, To 0.8 Mln Tons
Romania’s cement output rose 13% on the year in the first quarter, to 798,000 tons, Thursday said Mihai Rohan, president of cement maker association CIROM.
Isarescu Says Banks Should Focus More On Corporate Loans
Romanian banks should focus more on corporate loans, as consumer lending nears saturation point, central bank governor Mugur Isarescu said Thursday.
Gas Price Unchanged For Households By March 2012, Industrial Consumers To Pay 30% More
The price of natural gas delivered to households will remain unchanged until March 2012, while prices for some of the industrial consumers will grow by up to 30%, people close to the matter...
Three Of The Richest Polish Entrepreneurs Buy Plant In Oradea
Polish group Atlas, with over EUR280 million in turnover in 2010, owned by three of the richest Polish businessmen, has bought the majority stake in Oradea-based Cesal, which manufactures mo...
Romania To Guarantee Loans For SMEs In Trouble - Draft
The Romanian state will guarantee 80% of the value of loans taken out by SMEs and will subsidize up to 50% the interest on the loans contracted to help firms cope with problems caused by the...
Power Transformer Producer Retrasib Taps Foreign Markets
Power transformer producer Retrasib Sibiu (RTRA.RO), controlled by Cluj-based businessmen Octavian and Calin Buzoianu, is set to focus on signing partnerships and securing contracts on forei...
WB: Reforms Can Reduce Train Transit Times In SE Europe Significantly
Train transit times between Southeastern Europe and Turkey could be reduced significantly if much-needed reforms are made in the railway sector, says a World Bank report.
Businesspeople: Romania’s Reorganization Is Good If It Cuts Taxes
Businesspeople say the reorganization of the 41 counties into eight major regions could be a good plan only if it reduced public spending, red tape and taxes.