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Sorin Greu, Bog’Art: The Construction Sector Could Rebound, But Not Very Soon
Although he has for the last 8 years run the largest Romanian construction company of civil engineering and industrial buildings, with turnover of almost EUR80 million, no picture of Bog’Art...
One Of Two Executives Of The Top 10 Largest Companies In Romania Was Replaced In The Past Year
Five of the executives who run the top ten largest companies on the Romanian market took over in the past year, according to this year’s edition of the “Who’s who in business 2012 – The 1,00...
Turkey’s Kastamonu Opens Factory In Northern Romania For EUR150M
Kastamonu Romania will open in July a fiberboard factory in the northern town of Reghin, following a EUR150 million investment.
EUR27 Billion Shaved Off The Value Of The 100 Largest Public Companies In Five Years
The 100 largest companies on the Bucharest Stock Exchange were worth over EUR36 billion in July 2007 and accounted for 96% of the bourse’s overall capitalization, but five years later the va...
Economy Minister: Romania To Name First Private Manager In State Company By End-June
Romania will appoint the first private manager in a state company by the end of June, Economy Minister Daniel Chitoiu told a news conference Friday.
De'Longhi To Receive State Aid For Investment In Jucu
The Romanian Government will grant state aid to Italian household appliances producer De'Longhi, which will buy Nokia's factory located in Jucu, northwestern Romania, the Executive said Thur...
Banks And Energy Companies See Biggest Loss In Market Value
The ranking of companies with the biggest losses of value in crisis is topped by players in the banking and energy sector, according to the “Top 100 most valuable companies in Romania” yearb...
Why Romanian Equity Is Currently Attractive
Financial results on the rise, higher dividend yields and the companies’ lower indebtedness level, as well as the lower indebtedness level of Romania to other countries in the region, are th...
Nokia Romanian Plant Closedown May Translate Into 0.2% Drop In GDP - Deloitte
Consulting company Deloitte estimates the closedown of Nokia’s plant in Cluj county, northwestern Romania, may translate into a 0.1-0.2% drop in the gross domestic product, which might be ba...