COMPANIES
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Teraplast, Barrier Windows Manufacturer And Pretzel Maker To Get State Aid for Job Creation
Romania's finance ministry has selected 24 out of 38 applicants for state aid to support regional development through job creation, the ministry said in a statement Thursday.
Companies In Romania Post 2.4% Higher Turnover, Of Over EUR280B, In 2016
Companies in Romania posted a 2.4% higher turnover in 2016, of RON1,263 billion (over EUR280 billion), keeping the growth pace registered over the last three years, but the increase is half...
Coface: One Third of Companies in Romania Risk Insolvency
The local business environment in Romania has lost at least 10,000 companies since 2008 and 15% of companies with turnovers higher than EUR1 million, while one third of existing companies ri...
Real Estate Projects In JLL's Portfolio Could Generate Some 3,000 Jobs
Real estate consulting firm JLL is working on projects that could generate over 2,000 new jobs across Romania and between 1,000 and 1,500 jobs in capital Bucharest, Marius Scuta, national di...
Impact Developer Sets Up Two Companies; Plans To Build New Residential Compound In Bucharest
Real estate developer Impact Developer (IMP.RO) is setting up companies Bergamont Developments, engaged in real estate development, and Impact Finance&Developments carrying out activities au...
Study: Only 3% Of Total Romanian Companies Are The Engine Of Country’s Economy
Only 3% of total Romanian companies represent the engine of the country’s economy and half of them are in dire straits, according to the third edition of a study by insolvency practitioner C...
Marius Scuta, JLL: Downtown Bucharest Remains Ok For Central Headquarters And IT Firms
Many companies moved their central headquarters from downtown Bucharest to Barbu Vacarescu because they cut rental costs from EUR18.5 per square meter toward EUR15/sqm, and the difference of...
Study: Only 28% Of Local Companies Expect A 20% Turnover Growth In 2017
Companies’ growth forecasts are reserved for 2017, as 28% of companies expect an increase between 10%-20% in turnover this year, while 43% forecast an increase of only 1%-10%, according to a...
Trade Registry: Romania Insolvency Numbers Fell Nearly 20% In January-February 2017
The number of companies that went insolvent in Romania in January-February 2017 dropped by 19.71% compared with the same period a year earlier, to 1,165, according to Trade Registry data.