COMPANIES
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Plants Worth Over EUR100M Put Up For Sale Following Insolvency
The financial crisis over the past three years has “brought down” many malls, housing projects and store chains, as well as tens of plants operating in the food, industrial and construction...
Mixed Results In The First Half For Bucharest-Listed Companies
Half of the 32 listed companies that have so far published their first-half financial results reported a higher turnover, while the other half had lower sales.
Ranking Of Biggest Loss-Makers: 44 Companies With 160,000 Employees Lost EUR2.5B
More than a quarter of the 300 largest companies in Romania by turnover recorded losses last year, with 44 of them posting losses of over EUR10 million, reveals a ZF analysis.
Romania’s Required Oil Stocks Financed Solely By Companies In 2012
Romania’s mandatory minimum stocks of oil products will be financed in 2012 entirely from the budgets of oil companies, according to a draft government decision.
Government To Cover 40-50% Of Salary Costs For Companies That Create 200 High-Skill Jobs
Romania's Government will cover 40%-50% of the salary expenses of companies that create at least 200 high-skilled jobs, for two years, under a state aid scheme approved Tuesday.
Chitoiu: Romania To Complete Selection of Private Managers At State-Owned Companies By Yearend
Procedures to select private managers at 48 state-owned companies were launched last week and the selection will be finished by the end of the year, Romanian Economy Minister Daniel Chitoiu...
German Investor Takes Over Astra Vagoane, Meva, Romvag Caracal For EUR30M
Romania’s rolling stock manufacturers Astra Vagoane Arad, Meva and Romvag Caracal, under insolvency, were taken over by an undisclosed German investor, in a EUR30 million deal, the liquidato...
Economy Minister: Romania To Name Private Managers In Four State-Run Companies By July 25
Romania will appoint private managers in four state-run companies until July 25 at the latest, Economy Minister Daniel Chitoiu said Thursday.
Romania Targets Professional Managers To Run 47 State-Owned Companies
Romania’s Economy Ministry on Thursday said it set off procedures to select the consultants that will recruit professional managers to run 47 state-owned companies.