Companies
The 600 Young Managers Who Will Lead Romania
They started their career in the ‘90s, they are up to 40 years old, they are running businesses of several tens or even hundreds of millions of euros and they have stood out in the business...
Posta Romana Restructuring To Affect 2,000 Employees
Restructuring the Romanian postal service will affect around 2,000 employees, or 6% of the total staff, some of whom will be laid off, company president Daniel Neagoe told MEDIAFAX.
Akzo Nobel Coatings Eyes 20% Rise In 2011 Romania Sales, To RON29M
Akzo Nobel Coatings, part of the global paint market leader Akzo Nobel, expects Romanian sales to rise 20% in 2011, from 29 million lei (EUR7 million) a year before, based on network expansi...
Romania Starts RON400M Funding Program For Large Companies
Large companies wishing to invest in production units, equipment procurement and technology can access non-reimbursable funds through a program worth a total 400 million lei (EUR97 million),...
Bucharest Subway Operator Goes Shopping For Power
Metrorex, the operator of the Bucharest subway network, intends to buy one year’s worth of electricity for 52 million lei (EUR12.6 million), according to a company announcement.
PayPoint Romania FY Net Revenue Falls 13.6% To GBP21M
British specialist payments company PayPoint Plc Thursday reported a 13.6% drop in net revenue at its Romanian unit to GBP21.03 million for the year ended March 27, due to declining mobile t...
Tourism Ministry: Lodging Unit Licenses Up 350% On Year In Jan-May
The number of authorizations for lodging units issued by the Tourism Ministry in the first five months increased by 350% compared to the same period a year ago, ministry's data showed.
Posta Romana Plans Restructuring Before 2013
The board of Romanian state-run postal company Posta Romana will discuss Thursday a restructuring plan which aims to get the company ready for the liberalization of postal services set for J...
Paint Maker Deutek Sees 2011 Sales Up 5% To EUR31.5M
Romanian paint and lacquer maker Deutek on Thursday said it plans to increase sales by at least 5% this year, to EUR31.5 million, based on a wider share on the domestic market and increased...