Companies
Economy Ministry Drafts Strategy To Boost Exports
Romania’s Economy Ministry put forward a bill to create a risk fund, financed from the state budget, to fight the economic crisis and support exporters of Romanian products and services.
Romania’s Insulation Panel Market Halved Since 2008, To EUR500M
Romania’s thermal insulation panel market halved over the past two years, to EUR500 million in 2010 from EUR1.1 billion in 2008, and the best case scenario for this year involves stagnation,...
Enterprise Investors To Invest EUR30M In Upgrades At Macon
Polish private equity firm Enterprise Investors, which holds Romanian construction materials maker Macon Deva, will invest EUR30 million by the end of 2015 in upgrades at Macon’s plants.
Florin Pogonaru Controls 40% In Prodplast Through Firm Cluster
Cyprus-registered Avaliser Trading, previously owned by businessman Florin Pogonaru, was reported Thursday as acting in concert with another four companies owned by Pogonaru, and together th...
Alum Tulcea Takes Over Vimetco’s Bauxite Mine In Sierra Leone
Dutch-registered aluminum producer Vimetco Thursday said it has transferred its bauxite mining unit in Sierra Leone to its Romanian alumina producer Alum Tulcea (BBGA.RO), in a deal worth $3...
Lafarge Romania Posts 3.6% Annual Rise In First Quarter Sales
French Lafarge posted a 3.6% year-on-year rise in its Romania sales in the first quarter, while local volumes rose 4.7% on the year, according to the construction materials maker's financial...
IMS Health: Romanian Pharmaceutical Market Up 5.6% In First Quarter, To EUR637M
The Romanian pharmaceutical has slowed its growth in the first quarter this year, rising 5.6% on the year, to EUR637 million, helped by over-the-counter and retail sales, according to market...
China May Invest In EUR700M Romanian Power Plant
The Romanian government wants to team up private investors with its Termoelectrica power producer for the construction of two new production units at the Doicesti plant, in a project evaluat...
Oltchim's Net Loss Narrows To RON2.64M In First Quarter
Romania’s state-run chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Thursday said its loss narrowed substantially in the first quarter, as sales more than tripled on the year.