Companies
Constanta Becomes More Interesting For Airlines
After registering 78,000 passengers last year, Mihail Kogalniceanu airport, located close to the Romanian seaside, might record a traffic increase this year.
Romania To Cut Over 7,000 Jobs In State-Owned Companies
Romania's government has pledged to cut more than 7000 jobs in state railway companies, energy suppliers and the national postal company, while lowering their running costs through renegotia...
Legal Advisors For Privatizations To Be Selected By July
Romania's Government will appoint, by July, legal advisors for the stock it plans to sell in state companies CFR Marfa, Tarom, Petrom, Transelectrica, Transgaz, Romgaz, Hidroelectrica and Nu...
VAT Registration Turnover Limit Raised To EUR50,000 In August
Romania's Government has postponed for August its plan to raise the level of turnover after which the registration and payment of VAT becomes mandatory to EUR50,000, from EUR35,000, says the...
Laminorul Braila Posts RON29.73M In First-Quarter Net Profit
Romanian metal alloy producer Laminorul Braila (LMRU.RO) Friday reported a net profit of 29.73 million lei (EUR7.24 million) in the first quarter, compared to a loss of RON6.03 million in th...
Brick Maker Cemacon's Net Profit Jumps To RON5.1M In 1Q
Romanian brick maker Cemacon Zalau (CEON.RO) on Friday reported a net profit of 5.1 million lei (EUR1.2 million) in the first three months, significantly more than RON20,800 in the same inte...
Mechel Targoviste 1Q Loss Narrows To RON12.6M
Romanian steel producer Mechel Targoviste (COS.RO) Friday reported a first-quarter loss of 12.6 million lei (EUR3 million), lower than RON28.7 million in the year-earlier period.
Electroaparataj 1Q Net Profit Rises To RON1.6M
Romanian electrical equipment producer Electroaparataj Bucuresti (ELJ.RO) Friday reported a net profit of 1.6 million lei (EUR0.39 million) in the first quarter, compared to RON0.95 million...
TMK-Artrom Swings To RON41M Profit In First Quarter
Romanian steel pipes producer TMK-Artrom Slatina (ART.RO), part of Russian metallurgical group TMK, switched to a net profit of 41 million lei (EUR9.7 million) in the first quarter, from a l...