Companies
Agrium Buys CerealToscana And Its Romanian Unit Agroport
Canadian farming solutions provider Agrium bought Italian fertilizer maker CerealToscana along with its Romanian subsidiary, Agroport, for a total $27 million, added with working capital.
Registration Agents To Handle Company Setup, Closure - Draft Law
The registration, merger or closure of Romanian companies, as well as procedures to authorize self-employed people, will be carried out by registration agents, according to a draft law appro...
Key Petroleum Gains Romania Drilling Rights After Zeta Petroleum's Takeover
Australian oil company Key Petroleum bought British Zeta Petroleum and its Romanian subsidiary, in a transaction worth $12.74 million, according to law firm bpv Grigorescu Stefanica, which a...
Continental Hotels Plans Switch To Profit In 2011
Romanian hotel operator Continental Hotels on Wednesday said it expects a switch to profit this year, from a loss of EUR4.8 million in 2010, based on more aggressive marketing and promotion...
Martifer's Prio Foods Launches EUR93M Vegetable Oil Plant
Food products maker Prio Foods, part of Portuguese group Martifer, will launch Thursday in Romanian county Calarasi a vegetable oil production unit, following an investment of EUR93 million.
Holrom Renewable Energy To Launch 17-MW Wind Farm In May
Holrom Renewable Energy on Wednesday said it will complete this month a EUR21 million wind farm in Baia, in the Romanian southeastern county Tulcea.
Energy Rose Invests EUR10M In 6-MW Wind Project In SE Romania
Israeli-owned Energy Rose on Wednesday said it will build its first wind farm in Romania, with an investment of EUR10 million for an installed capacity of 6 MW.
Holcim 1Q Cement Sales In Romania Rise 15.7% On Year
Swiss-based building materials maker Holcim on Wednesday reported a 15.7% increase in first-quarter cement sales in Romania, despite overall declining activity in constructions.
Mihai Ghyka Steps Down As Bergenbier CEO
Romanian brewer Bergenbier announced Tuesday that chief executive officer Mihai Ghyka resigned, and he will be replaced with Jens Hoesel, former chief sales officer of the StarBev group.