Companies
Number Of Insolvencies Down 8% To 7,192 In Jan-Apr
A total number of 7,192 companies started insolvency procedures in Romania between January and April, 8% fewer than 7,820 in the same interval of 2010, according to data published Thursday b...
Bucharest-Listed Companies Doubled Profits In First Quarter
The aggregated turnover of the 120 biggest listed companies that have so far published their financial results for the first quarter went up 26% compared to the same period a year ago, to 19...
Vimetco Plans To Sell Up To 21% In Smelter Alro
Netherlands-based Vimetco and Romania’s Conef SA want to sell up to 20.96% of their 87.96% stake in aluminum smelter Alro Slatina, in a deal estimated at 575.9 million lei (EUR138.9 million)...
RATB Should Become Commercial Company To Access EU Funds
Bucharest public transport authority RATB should be turned into a commercial enterprise, to increase its independence and allow it to access European funds, general manager Adrian Crit said...
Catalin Chelu Buys 23% In VES Sighisoara For RON2.1M
Debrocons, a Romanian company controlled by local businessman Catalin Chelu, Tuesday bought 22.97% in stoves and pots maker VES Sighisoara for 2.1 million lei (around EUR0.5 million), bourse...
KPMG: Romania's EU Fund Absorption Rate Still Lowest In CEE
Romania's European fund absorption continues to be the lowest in Central and Eastern Europe (CEE), with especially low payment ratios recorded for transport and environmental programs, accor...
Romania Selects Consultants For EU-Funded Productivity Scheme
Romania’s Economy Ministry has selected the consultants to evaluate requests for EU funding, filed by large companies.
Adequate Logistics Policies Could Add 150,000 New Jobs In Romania By 2025 - PwC
The enactment of adequate transport and logistics policies could add up to EUR25 billion to Romania’s gross domestic product by 2025, as well as create up to 150,000 new jobs, according to e...
Romanian Investors Try To Buy Into Glencore IPO
Romanian investors are very interested in the public offering of the Swiss group Glencore, the world's largest commodities trader, in which they have already subscribed several million of eu...