Tg Secuiesc-based clothing company Secuiana said it would broke off manufacturing from the rest of its business and outsource it to Egypt, on the back of
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The international automotive supplier Lisa Draexlmaier, one of the biggest employers in Romania, has appointed the former Tiriac Holdings HR director Nicoleta Carlugea as head of
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Asesoft Net, personalized web applications provider, said its net revenues grew 50% in 2009 to €700,000 from a year earlier and is confident in achieving 15-20%
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One year on since taking up the chief executive role at the low-cost airline carrier Blue Air, Adrian Ionascu will be replaced by Egyptian-born Sherif Ussama,
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The Swiedish clothing company H&M (Hennes&Mauritz) is in negotiations for the lease of retail spaces in Bucharest, and may be moving into the Romanian market as
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He’s 51 years old, and his name is linked to the debut of one of the US largest soft-drink brands in a country that was struggling
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ThinkDigital, one of the widest networks of internet media in South East Europe, moved into Romanian market two years ago, and will focus on Romanian websites
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Omnilogic, local IT&C distributor signed a strategic distribution agreement with Kaspersky Lab, one of the leading internet security companies, for the distribution of Kaspersky Lab’s suite
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Humanitas Group, including the Humanitas publishing house, Humanitas Fiction, the bookstore chain Librariile Humanitas and Humanitas Multimedia, announced a drop in business turnover, in 2009, down
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Q-Power, RTC’s business line focused on the production and distribution of power-friendly solutions, will expand its reach with 12 new branches across Europe and form two
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Cisco Romania, the wholly-owned subsidiary of the leading networking equipment and network management supplier, has named Cristian Popescu as chief executive officer, after serving as interim
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Holcim, the world’s second largest cement-maker, said its cement and clinker sales in Romania fell 19%, as a large number of public-sector infrastructure projects ceased because
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German-based Deichmann, Europe’s largest footwear company said its revenues in Romania soared 114% from 29.8 million lei to 63.8 million lei in 2009, while its number
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The biggest telecom company created by a Romanian national has reached more than 8 million subscribers in the region and posted $274 million operating income, while
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Foreign airlines Lufthansa and Austrian Airlines, the latter of which was integrated into the German group last year, together carried 900,000 passengers on the Romanian market
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Coca-Cola HBC Romania, the bottling company that last year posted business worth 500 million euros, has increased its share capital by 26% by swapping a 65
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Businessman Ovidiu Tender has in the past year sold around 10% of stock in Prospectiuni Bucuresti (PRSN), the most important company he owns, with the main
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Dragos Damian, who returned to the CEO position at Terapia Ranbaxy drug maker last December, after having run the operations of another two major producers, Zentiva
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The shareholders of the Internet-based credit products company Cofidis IFN, have agreed to end its operations in Romania and sell its accounts receivables, “under reasonable conditions”
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Globe Trade Center developer (GTC), that recently completed the two office buildings in the Presei Libere Square swung to a loss in 2009,after €190 million profit
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