Companies
Raiffeisen Leasing Borrows EUR30M From EBRD To Support SMEs
The European Bank for Reconstruction and Development on Friday said it has provided a EUR30 million loan to Raiffeisen Leasing Romania, a subsidiary of Austrian Raiffeisen Bank International...
HeidelbergCement Posts EUR52M Profit In Romania, Margin Kept At 25%
The turnover of Germany's HeidelbergCement group in Romania fell in 2010 by almost 11%, to 900 million lei (around EUR214 million), while the net income fell by some 7% to RON219 million (EU...
Bucharest Radisson Manager Sees Hotel Market Rebound
Ali Yilmaz Yildirimlar, general manager of Radisson Blu hotel complex of Calea Victoriei in Bucharest, which operates 718 rooms, says operating income had a double-digit growth in the first...
RTC's TCE Holding Posts 10% Higher Sales In 1Q, At EUR4.9M
Romanian logistics and courier firm TCE Holding, part of the RTC group, posted a 10% year-on-year increase in its first quarter sales, to EUR4.9 million, mainly based on postal services.
Romania Bars Installing Public Utility Infrastructure Above Ground
The Romanian Government approved Wednesday a bill which forbids the installation of equipment used by public utility infrastructure above ground on public property.
Schuldt, Cargill: No Major Changes Expected In Romania's Farming Output
Martin Schuldt, general manager of Cargill Agricultura, one of the biggest players in grain trade, expects this year's farming output to be similar to last year's, so Cargill is not expandin...
How Government Sees PPPs: We Adopted the Law, Now the Private Sector Should Come Up With the Money!
Public-Private Partnerships (PPP) do not mean that the Government comes with the plot and then sits around waiting for investors to bring the money, do the project and then share the benefit...
Low Consumption Daunts Private Equity Activity In Romania
Private equity and venture capital funds will keep discrete their presence in Romania this year, because of low consumption, which is set to recover only towards the end of the year, Wednesd...
New Accounting Law To Bring "Informal" Accountants Out Into The Open
The new accounting law, modified through a government emergency ordinance, for the first time makes a clear distinction between organizing and keeping the books, versus doing more advanced r...