Companies
SME Guarantee Fund: Fewer Firms Unable To Repay Loans
The number of small and medium-sized companies (SMEs) unable to pay back their loans has decreased this year and SMEs have started taking loans for investments rather than mere subsistence,...
Romanian Tycoon Copos: I Would Sell Seaside Hotels In An Instant
George Copos, one of the best-known local businessmen, who owns seven hotels, two of which in Eforie Nord Black Sea resort, says Romanian seaside tourism has no chance of growing because of...
ZF Rewards Law Firms Involved In Largest Deals Of 2010
Ziarul Financiar on Tuesday evening presented awards to business law firms that were part of the biggest deals of 2010 on the Romanian market, be it energy, retail, pharmaceuticals or Intern...
Mapei Considers Building EUR20M Plant In Romania
Italian group Mapei on Wednesday said it may build its first Romanian plant next year, with an investment of some EUR20 million, and it is considering acquiring a local player.
Romanian Tourism Still In Crisis - Industry
Romania's tourism sector has not recovered from the crisis and the number of tourists who stayed in local hotels was 20% lower in the first three months, compared to the same period last yea...
Romania’s Steel Production Rises 2.3% On The Year In April
Romania’s steel production increased 2.3% in April, to 340,000 tons, from 332,000 in the same interval of 2010, according to the World Steel Association.
CFR Marfa Reduces Work Schedule By Two Days Per Month
Romanian railway company CFR Marfa has reduced the number of working days by two for every 30, effective May 23, and will cut 3,000 jobs through collective layoffs starting in July, says a p...
Most Urban Romanians Remain Wary Of Large Acquisitions - Poll
A recent poll by Romanian research firm ISRA Center Marketing Research shows that only a handful of Romanians in urban areas plan to buy a home or a car within the next 12 months.
Fabryo Names Dragos Militaru As Chief Marketing Officer
Romanian paint and lacquer producer Fabryo Corporation recently appointed Dragos Militaru, former marketing and sales manager of UPC Romania, as chief marketing officer, starting May.