ACTIVITY
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INS: Romanian Execs Project Sharp Price Hikes in Processing Industry, Constructions and Trade in Oct-Dec
Romanian business managers for October-December period expect a steep increase of prices in the processing industry, constructions and trade, as well as a falling number of employees in cons...
ArcelorMittal Hunedoara Reduces Activity Due to Lack of Orders
The Board of Directors of ArcelorMittal Hunedoara (SIDG.RO), the steel mill owned by the ArcelorMittal, has decided to temporarily reduce activity of the company in July 23 – August 5, 2022...
ManpowerGroup Leases Over 1,000 Sqm In The Light One Office Building To Expand Its Activity
ManpowerGroup, specializing in recruiting services, has leased 1,063 square meters within The Light One office building developed and held by River Development, in order to expand its activi...
Nine Shopping Center Owners Push for Reopening
Nine owners of shopping centers in Bucharest and 24 regional cities, with 52 malls and over 4,600 tenants, have called on the government to allow the reopening of large shopping centers, rea...
Compa Sibiu Scales Down Activity, Suspends Individual Labor Contracts For Most Staff On April 1-30
Romanian car parts manufacturer Compa Sibiu (CMP.RO) has decided to temporarily scale down its activity during the period April 1-30 and suspend individual labor contracts for most employees...
PwC Romania: 37% Of Firms Totally Or Partially Halted Activity Amid Coronavirus Pandemic
Over one third of companies (37%) in Romania said they totally or partially halted their activity after Romania had declared state of emergency against the backdrop of the COVID-19 pandemic...
Dräxlmaier Halts Activity At Its Romanian Plants In Satu Mare, Pitesti, Timisoara, Hunedoara, Brasov
German-held automotive component manufacturer Dräxlmaier, which has some 15,000 employees in Romania, has decided to suspend, to a large extent, the activity of its Romanian manufacturing fa...
Landmark Athenee Palace Hilton Bucharest Hotel Halts Activity First Time In 106 Years
Athenee Palace Hilton, one of the landmark hotels of capital city Bucharest, is suspending its activity 106 years since opening, as per an official announcement by Ana Hotels. The measure is...
Survey: Firms With Up To EUR250,000 Turnover Make Up Over 70% Of Total Microenterprise Activity Volume In Romania
Microenterprises in Romania, with a turnover of maximum EUR500,000, reported a total turnover of RON131 billion and a profit of RON27.5 billion in 2018, considering that 72% of the business...