Companies
Labor Market Returns To Pre-Crisis Level
Romanian employers have the most ambitious recruitment plans since the end of 2008, as more than a quarter of the companies operating on the local market want to raise their number of employ...
Wave Of New Hotels To Be Opened This Year
Investors on the hotel market have seen the last two years as an opportunity to develop new hotels, despite the drop in demand.
Tarom’s Loss Widens 41.6% To RON332.5M In 2010
Romanian state-owned airline Tarom registered a loss of 332.48 million lei (EUR80 million) in 2010, 41.6% wider than in the previous year.
Best Case Scenario For Adhesives Market: Flat Sales
The construction sector crisis has taken its toll among adhesives and mortars producers, as the market continues to shrink, with strong players managing to survive helped by promotional offe...
Mechel Set To Turn Otelu Rosu Plant Into Smaller Version Of Sidex
Russia’s Mechel group, which owns five steel mills in Romania, plans to boost the raw steel output of its Otelu Rosu plant to 1.3 million tons a year, about half the level of ArcelorMittal G...
Most Romanians Fear Bankruptcy When They Think Of Starting A Business
Romanians who would like to start a business are mainly discouraged by the fear of bankruptcy, revenue fluctuations and loss of property, according to report published Thursday by the Europe...
Debt Collection Down 12% On Year In First Quarter
Romanian debt collection market fell 12% on the year in the first quarter, as liquidity bottlenecks put upward pressure on recovery costs, the Debt Management Service Association (AMCC) said...
Cement Producers Return To Growth, But Remain Cautious
Cement sales are slowly returning to growth after the steep declines in previous years, but producers refrain from an upbeat tone.
CFR SA Denies Access To Rail To Four Private Operators, Over Debts
Romanian railway administrator CFR SA on Tuesday denied access to the railway infrastructure to four private transporters, over combined debts of 36.6 million lei (EUR8.77 million).