COMPANY
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Microsoft: Many Companies With Revenues Exceeding EUR10M Don’t Use ERP Solutions
Less than 10% of the small and medium-sized enterprises in Romania with revenues exceeding EUR5 million use integrated enterprise resource planning software. Many of those with more than EUR...
China Gezhouba Targets Hydropower, Infrastructure Projects In NW Romania
China Gezhouba plans to get involved in the construction of the Tarnita-Lapustesti hydropower plant in Cluj, northwestern Romania, and to invest in construction works on the Transylvania hig...
Energy Minister: State-Run Company Privatizations On Schedule
The process to privatize Romanian state-owned companies is on schedule and will continue with nuclear power plant operator Nuclearelectrica, natural gas producer Romgaz, energy producer CE O...
Five Years Of Crisis Drive 90,000 Companies Into Insolvency
No part of Romania has escaped insolvency in the last five years, when one company for every 200 people defaulted.
Romania Receives Over 200 Applications For Board Members At Romgaz, Transgaz, Nuclearelectrica
Romania's industry privatization authority OPSPI has received over 200 applications for the position of managing board member at gas producer Romgaz, natural gas transporter Transgaz and nuc...
Largest 50 Companies With Cyprus-Based Shareholders
Many of Romania’s important entrepreneurs, like Ion Tiriac, Radu Timis, Mihai Miron and Puiu Popoviciu, own companies whose shareholders include Cyprus-based entities.
Schweighofer Reaches Half A Billion Turnover In Romania, Says Will Never Hit EUR1B
Austrian businessman Gerald Schweighofer, who owns several wood processing and wood panel plants in Romania, says local plants reached a turnover of half a billion euros in 2012, but will ne...
Fornetti Romania Has New General Manager
Csaba Toth took over as general manager of pastry products company Fornetti Romania on March 1, the company said in a statement Tuesday.
Romanian State Budget Loses RON301M Following Company Insolvencies In 2012
Company insolvencies last year and in 2013 had an impact of about 301 million lei (EUR69 million) on the Romanian state budget, according to tax authority ANAF.