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1,200 Companies Generate Half Of Turnover Of All Companies In Romania
A total of 454,000 active companies posted turnover of EUR250 billion in 2013, with the top 1,200 accounting for half of that. Net result from profits and losses stood at more than EUR4 bill...
Ambassador Brasioli Says There Are 40,000 Italian-Held Companies In Romania
The number of Italian companies investing in Romania is on the rise and the stability of the economic environment is essential to attract even more firms, said the Italian Ambassador to Roma...
Delta ACM Transfers Real Estate Operations To New Company
Bucharest-based construction company Delta ACM 93, controlled by businessman Florea Diaconu, will transfer part of its patrimony and the real estate operations to a new entity, Carpati Asset...
Beginner Entrepreneur Program To Facilitate Company Setup - SMEs Minister
The new Minister-delegate for SMEs and Tourism, Florin Jianu, Friday said that he plans to extend the facilities provided by the beginner entrepreneur program, allowing Romanians who did not...
Cristian Nacu: Entrepreneurs Must Understand That Lack Of Buyers Means Price Is Too High
Cristian Nacu, partner of private equity firm Enterprise Investors, says entrepreneurs generally overvalue their companies especially when their competitors are facing difficulties and regis...
Most Valuable Consumer Goods Producers In Romania Are Worth EUR2.2B
The most valuable consumer goods companies in Romania are worth over EUR2.2B, according to this year’s edition of the Top 100 Most Valuable Companies in Romania launched last week.
How Much Cheaper Energy Is For Companies Following 20% Wholesale Price Cut This Year
Corporate energy consumers say their energy bills have fallen by around 5% to 10% since the beginning of the year, while the price of energy traded through bilateral contracts on energy exch...
Romanian Companies Owe EUR11B To Banks Abroad
Romanian companies had EUR11 billion worth of loans taken directly from banks abroad in mid this year, EUR500 million less than in September 2012, according to the data published by the cent...
New Insolvency Code To Push Firms Into Bankruptcy
Romania’s new Insolvency Code, to take effect on October 25, will impact small- and medium-sized companies, whose reorganization can’t be carried out in only one year, and will push them int...