SHUTDOWNS
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Companies
La Placinte Plans No Further Shutdowns, Eyes Existing Business Stabilization
La Placinte restaurant chain now has four own restaurants in Bucharest and a franchise in Iasi after the company has in recent years reshuffled its Romanian network, which had reached 12 units at its best moment. The company’s officials say they plan no furthe...
Companies
HS Timber Group Set to Close down Siret Plant, Halt Radauti Operations in Late March
Austria’s HS Timber Group (the former Holzindustrie Schweighofer) will shut down the solid wood panel plant of Siret and the timber plant of Radauti at end-March, with 600 employees due to b...
Energy
Nuclearelectrica Looks Into Repeated Nuke Shutdowns
Romanian state-run nuclear power producer Nuclearelectrica is investigating incidents which led to several unscheduled shutdowns of the company’s two reactors in Cernavoda, chief executive D...