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Coface: 111,000 Firms In Romania Suspended Their Activity In First 9 Months
Banks-Insurance

Coface: 111,000 Firms In Romania Suspended Their Activity In First 9 Months

Rating agency Coface on Tuesday said the fact that 111,000 firms suspended their activity in January-September counterbalances the effects of the new business activities generated by the set...

Ecaterina Craciun · 12.11.2013 · 15:41 · 1 min
State-Run Companies To Contribute 85% Of Profit To State Budget In 2014
Energy

State-Run Companies To Contribute 85% Of Profit To State Budget In 2014

Romanian state companies will continue to contribute 85% of their profit to the state budget in 2014, Minister-delegate for Energy Constantin Nita said Friday.

Ioana Tudor · 01.11.2013 · 12:52 · 1 min
Businesspeople In Romania Start Drafting Firms’ Budgets For 2014
Macroeconomics

Businesspeople In Romania Start Drafting Firms’ Budgets For 2014

Businesspeople in Romania have started to draft next year’s budgets for their companies, but they cannot use the country’s 2014 draft budget as reference point because the latter will be fin...

Ecaterina Craciun · 24.10.2013 · 09:51 · 2 min
FMCG Companies In Romania Run By Foreign Executives During Crisis
Retail&Consumer

FMCG Companies In Romania Run By Foreign Executives During Crisis

The ten largest companies operating in Romania’s fast moving consumer goods (FMCG) industry have appointed foreign executives to run the business during the crisis, except for meat company U...

Ecaterina Craciun · 27.09.2013 · 00:00 · 2 min
Vosganian: Romania Must Retain Majority Control Only Over Strategic Companies
Capital Market

Vosganian: Romania Must Retain Majority Control Only Over Strategic Companies

Economy Minister Varujan Vosganian Thursday said the Romanian state must come to hold majority control only over several companies in the energy and defense sectors by 2016.

Ecaterina Craciun · 12.09.2013 · 15:06 · 1 min
Romania Present With Five New Entries In Deloitte Top 500 Companies By Revenues
Banks-Insurance

Romania Present With Five New Entries In Deloitte Top 500 Companies By Revenues

Romania ranks fifth in Central Europe regarding the number of companies included in Deloitte’s Top 500 companies, which takes into account revenues registered last year.

Ioana Tudor · 04.09.2013 · 13:15 · 3 min
Romania Can Invest EUR1B In State’s Listings
Capital Market

Romania Can Invest EUR1B In State’s Listings

Romania can raise over EUR1 billion from local resources and to buy shares in state-run companies Nuclearelectrica, Romgaz, Hidroelectrica and Electrica.

Ecaterina Craciun · 03.09.2013 · 00:00 · 1 min
Deloitte: 35 Romanian Firms Among Top 500 Companies In Central Europe
Companies

Deloitte: 35 Romanian Firms Among Top 500 Companies In Central Europe

Romania has 35 companies in the Central European Top 500 ranking by turnover in 2012, according to a study by Deloitte.

Ecaterina Craciun · 02.09.2013 · 16:40 · 1 min
Most Profitable Shares On Bucharest Stock Exchange In First Eight Months
Capital Market

Most Profitable Shares On Bucharest Stock Exchange In First Eight Months

The main index of the Bucharest Stock Exchange, BET, has increased by 12.6% since the beginning of the year, mostly because of last month, when the market rose by 7.3%.

Oana Gavrila · 02.09.2013 · 00:00 · 5 min