Last week, the shareholders of Vrancart Adjud have approved the proposal of the board of directors to take out a loan of six million Euros from
Full story
Cooper Standard, a supplier of systems and components for the automotive industry, is planning to establish a new manufacturing facility in Craiova, Romania.
The company said that
Full story
The Authority for State Assets Recovery (AVAS) still has in its portfolio 3,240 privatization contracts, signed for 2,854 companies under private control, which are being monitored
Full story
The Vrancea Chamber of Commerce, Industry and Agriculture (CCIA)'s president Sorin Vornic, signed, together with 17 partners, the establishment agreement of the textile cluster.
The cluster
Full story
The turnover of Uztel Ploiesti advanced 71 percent in the first half of 2011, amounting to 29.2 million lei (approximately 6.88 million euros) compared with the
Full story
Argo Real Estate Opportunities Fund (AREOF), a property fund listed publicly on the London Stock Exchange's AIM market, will purchase Era Shopping Park Oradea (west) and
Full story
Petrom Group recorded earnings before interest and taxes (EBIT) of 2.416 billion lei in H1 2011, up by 44% as compared with the same period of
Full story
President Traian Basescu said at the Cotroceni Presidential Palace that continuing the restructuring of the state-owned enterprises at an accelerated pace and improving the
Full story
The reform moves promoted by the authorities are meant to create a stable, efficient and less vulnerable economy, with our intention being that the state-owned companies
Full story
Turkish Provus company and its Romanian subsidiary RomCard, both local providers of card processing services, have finalised a new data centre that will provide double processing
Full story
Research and processing medicinal plants center - Plantavorel, in Piatra Neamt (north), estimates a five-fold increase in its turnover in the coming three years, from 1.6
Full story
Oltchim SA, a Romanian chemical company, said it will cut output to 30 percent of installed capacity in August because it can’t finance its working capital,
Full story
Turning RomTelecom into a provider of telecommunications, not only landline telephony services is one of the goals set by new RomTelecom Managing Director Stefanos Theocharopoulos, who
Full story
The state-owned companies within the Ministry of Transports and Infrastructure could turn to private management starting on late December or early January 2012, relevant Minister Anca
Full story
Net profit of CEZ Group in Romania has reached at the end of 2010 to 154 million lei (about 34.3 million euros), showing a slight decrease,
Full story
Alfred C. Toepfer grain trader, with turnover worth over 300 million euros domestically, announced plans to build a network of 12 silos along the Danube, another
Full story
Romanian courier services provider FAN Courier earned a turnover worth 105.2 million lei, (about 24.8 million euros) over the first six months of the year, namely
Full story
Prime Minister Emil Boc on last Wednesday requested the ministries managing EU-funded projects to withdraw the pre-funding granted to beneficiaries not making expenditures within four months
Full story
Archer Daniels Midland Company ADM -3.90% , through its affiliate Alfred C. Toepfer International G.m.b.H. (ACTI), today announced a strategic expansion of its grain origination, storage,
Full story
German retailer Metro Group’s sales in Eastern Europe grew by 2.9 percent in the first half of this year, reaching EUR 7.9 billion, mainly with the
Full story
