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ACTIVITY

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Trade Registry: Over 5,700 Firms In Romania Suspended Their Activity In 1Q/2018, 42% More On Year
Companies

Trade Registry: Over 5,700 Firms In Romania Suspended Their Activity In 1Q/2018, 42% More On Year

Over 5,700 firms in Romania suspended their activity in the first quarter of 2018, 42% more than in the same period a year before, according to Trade Registry data.

Ecaterina Craciun · 26.04.2018 · 13:42 · 1 min
Companies

Study: Number Of Firms In Romania Closing Their Doors At 4-Year High

The number of businesses in Romania suspending their activity has reached this year the highest level of the last four years, up 133% from the same period a year before, and nearly one in tw...

Ecaterina Craciun · 26.02.2018 · 16:39 · 1 min
Lukoil Resumes Activity At Romanian Refinery
Energy

Lukoil Resumes Activity At Romanian Refinery

Russian oil group will restart activity at its Petrotel-Lukoil refinery in Ploiesti, southern Romania, after a one-week halt, local environmental guard chief Daniela Tudorache said Friday.

Oana Gavrila · 10.10.2014 · 10:33 · 1 min
Tomas Spurny’s First Year Activity Report At BCR’s Helm
Banks-Insurance

Tomas Spurny’s First Year Activity Report At BCR’s Helm

Czech Tomas Spurny, who took the helm of Romania’s largest bank BCR in April 2012, has managed to bring the bank back to profit at the end of the first half of 2013.

Ecaterina Craciun · 27.09.2013 · 00:00 · 1 min
Capital Market

STK Trading Gives Up Brokerage Operations

Romania’s securities commission CNVM has withdrawn the operating license of brokerage firm STK Trading Cluj-Napoca, at the firm’s request.

Florentina Dragu · 09.03.2012 · 15:33 · 1 min
Companies

Mechel Targoviste To Resume Activity On Feb 27

Russian group Mechel on Monday announced that activity at steel processor Mechel Targoviste (COS.RO) might be resumed on February 27, since the weather conditions are improving.

Andrei Cîrchelan · 20.02.2012 · 10:31 · 1 min
Energy

Oil Terminal Cuts Working Hours, Salaries

Management at Romanian state-owned harbor operator Oil Terminal (OIL.RO) decided to reduce working hours to four days per week, coupled with pay cuts, in order to cut costs.

Andrei Cîrchelan · 14.02.2012 · 14:33 · 1 min
Banks-Insurance

Government Sets 29 Activity Sectors

The Romanian Government on Wednesday set a list of 29 activity sectors for which collective work contracts may be negotiated and signed, said Labor Minister Sulfina Barbu.

Ioana Tudor · 21.12.2011 · 18:55 · 1 min