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Companies

Transport Ministry-Owned Companies Posted RON650M Profit In 2014

The companies subordinated to the Transport Ministry posted total profit of almost 650 million lei (EUR147 million) in 2014, after having posted total losses of RON460 million in 2013.

Loredana Frățilă-Cristescu · 29.04.2015 · 00:00 · 2 min
Company Lifespan In Romania: Nine Years, Nine Months And 22 Days
Companies

Company Lifespan In Romania: Nine Years, Nine Months And 22 Days

The Romanian economy has seen 2.6 million attempts at starting a business since December 1990. Only 20 businesses established in 1990 are still standing today.

Loredana Frățilă-Cristescu · 27.04.2015 · 06:32 · 2 min
Buyer Of AutoMat Gas Stations To Reopen Units And Extend Network
Energy

Buyer Of AutoMat Gas Stations To Reopen Units And Extend Network

Braila-based Comision Trade, which bought last year 17 AutoMat gas stations from Bioromoil, opened the first unit in the parking lot of a shopping mall in Braila and wants to reach a 30-unit...

Ecaterina Craciun · 06.04.2015 · 14:15 · 1 min
Companies

Shareholders Lent Companies RON120B, More Than Banks Did

Loans granted directly by shareholders or partners to companies – common practice especially with small and medium-sized businesses, as well as with foreign-held companies, rose during the c...

Loredana Frățilă-Cristescu · 13.03.2015 · 13:15 · 3 min
New Generation Of Female Entrepreneurs: 11,000 Women Started Their Own Business In 2014
Companies

New Generation Of Female Entrepreneurs: 11,000 Women Started Their Own Business In 2014

More than 11,000 women started their own business last year, bringing the number of female shareholders in Romanian companies to almost 420,000, according to a ZF analysis based on Trade Reg...

Loredana Frățilă-Cristescu · 03.03.2015 · 09:04 · 2 min
Companies

Companies In Romania Have EUR280B Worth Of Assets

Companies in Romania had total assets worth 1,256 billion lei (EUR280 billion) in 2013 or an average of RON1.97 million in assets for every RON1.67 million revenue per company.

Loredana Frățilă-Cristescu · 10.02.2015 · 12:06 · 2 min
Bosch To Open New Software Development Office In Cluj Early 2015
Technology &Telecoms

Bosch To Open New Software Development Office In Cluj Early 2015

Germany’s Bosch on Wednesday said it will open a new office in Cluj-Napoca (northwestern Romania), at the beginning of 2015, where it will develop software solutions for new products.

Ecaterina Craciun · 10.12.2014 · 15:09 · 1 min
Romania's Top 300 Companies' Revenue Up To RON400B In 2013
Companies

Romania's Top 300 Companies' Revenue Up To RON400B In 2013

Back in 2008, Romania's economy had only one company, OMV Petrom (SNP.RO), with revenue above ten billion lei (more than EUR2 billion). Now it has four (Automobile Dacia, OMV Petrom SA, OMV...

Loredana Frățilă-Cristescu · 24.09.2014 · 11:37 · 4 min
Top Companies On Bucharest Stock Exchange Have RON15B Cash Reserves
Capital Market

Top Companies On Bucharest Stock Exchange Have RON15B Cash Reserves

The cash accumulated in the accounts of the ten largest listed companies on the Bucharest Stock Exchange stood at more than 15 billion lei (EUR3.4 billion) at the end of June, which could si...

Loredana Frățilă-Cristescu · 21.08.2014 · 11:50 · 2 min