OPERATIONS
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CEZ Won't Leave Romanian Energy Market - Country Manager
Czech utility giant CEZ will consolidate its Romanian operations and will not exit the market even if it does sell its wind parks in the southeastern region of Dobrogea, but is not intereste...
Frigoglass Relocates Turkish Refrigerator Equipment Operations To Romania
Greek refrigerator equipment maker Frigoglass Friday announced the integration of its Turkey – based manufacturing volume into its European flagship plant in Timisoara, Romania, by the end o...
Romania Wants To Improve ELCEN’s Efficiency, Change Its Management
Romania plans to set off a program aimed to improve the operational efficiency of state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN), Minister-delegate for En...
U.S. Giant Intel Reached 380 Employees In Romania In 3 Years
U.S giant Intel, the world’s largest chip maker, has expanded its operations in Romania to the northwestern city of Cluj, after it completed the acquisition of educational software developer...
Bank Of Cyprus Keeps Romanian Unit Closed Until April 22, Pending Sale
The Romanian units of Bank of Cyprus will remain closed for two more weeks, until April 22, pending sale negotiations that start Monday, April 8, the bank said in a statement Sunday.
Michelin’s Operations In The Region Run From Romania
Michelin has decided to reorganize its commercial operations in Central and Southern Europe and will make Bucharest into its regional center as of January 1, 2014, supervising operations in...
Emerson: 2012 Was A Very Good Year For Cluj Operations
US-held Emerson has recruited about 600 people for its plants in the Tetarom II industrial park in Cluj (NW Romania), where it currently employs 1,500 people.
Sika Ponders Whether To Buy Plant Or Build It From Scratch
Romanian subsidiary of chemical Swiss producer Sika intends to expand its operations either through a takeover or a greenfield investment, after boosting its turnover 30-fold in its ten-year...
Gazprom Close To Acquire Unicom Holding’s Black Sea Bunkering Operations
Gazprom Neft, the integrated oil group controlled by Gazprom, is close to striking a deal with Unicom Holding, to take over the bunkering operations in the Constanta Harbor.