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750 Textile Plants Disappeared from Statistics in 2020
Romania made RON18.3 billion worth of clothing, fibers and footwear last year, RON3.7 billion less than in 2019, as the pandemic took a toll on the figures, ZF has found from Trade Register data.
TeraPlast Cashes in on Steel Division Sale on Feb 26
Romanian construction material producer TeraPlast said Monday it will close the sale of its steel division to Kingspan Group on February 26 after clearing the last competition hurdle.
Agroland Closes Private Placement In Advance; Attracts RON38.5M Financing From Investors
Agroland Business System, a firm developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, on Thursday closed early a private placement whereby 8,565,78...
Continental Hotels Thinking of Closing Up Shop After December 15
The eight hotels of the Continental Hotels chain may close as of December 15, says CEO and chairman Radu Enache. The decision comes amid a significant decline in the revenue of the hotel com...
Leroy Merlin Temporarily Closes All Romanian Stores Starting Monday
French-held DIY retailer Leroy Merlin is temporarily closing all its stores in Romania starting Monday amid measures to curb the spread of coronavirus infections.
Businessman Closes Down BRCI Units Except For Bucharest, Mulls Bank Sale
Romanian businessman Dorinel Umbrarescu, owner of Banca Romana de Credite si Investitii, or BRCI, has decided to close down the six units of the bank in the country, except for the two units...
Bucharest’s Old Town: Where To?
Six of the best known hangouts in Bucharest’s Old Town, including the City Grill restaurant on Lipscani Street, the Biutiful bar and Club Fire, closed last week, once President Klaus Iohanni...
Bucharest Stocks Close In Red, In Thin Trade
The Bucharest stock market closed down Friday, amid low traded value worth RON8 million (EUR1.8 million), with investors focusing on trades with the shares of Banca Fondul Proprietatea (FP.R...
Bucharest Stocks Close In Green, On Average Traded Value
The Bucharest stock market closed higher Thursday, amid average traded value worth 21.6 million lei (EUR4.8 million), fueled by transfers with the shares of Romgaz (SNG.RO), Banca Transilvan...