The Austria-based Lasselsberger, the largest manufacturer of wall and floor tiles in Romania, said it would invest €200,000 in the opening of four stores.The first outlet
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The managers of Romanian maritime transport company CNM Petromin Constanta (CNMP.RO) proposed the shareholders to reduce the firm’s share capital, in order to cover the losses,
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McDonald's Romania is staking on a 5 percent rise of business in 2010 and will invest more than 10 million euros (47 million lei) for one
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JTI Romania, one of the largest cigarette manufacturing companies, said it would axe 169 jobs in JT International (Romania) SRL, a measure that will affect around
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Spain-based private equity fund GED, that holds in Romania companies such as Happy Tour, Fonomat, or Infopress, will open the first unit of Cellulem Block beauty
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Cement manufacturer Carpatcement Holding, the local subsidiary of the German-based HeidelbergCement named two new non-executive administrators in the board, according to data from the Official Gazette.Wolfram
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The first six months of the year were dynamic in terms of management changes in the domestic IT&C industry. One of the first major management changes
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The biggest greenfield investment in the constructions field after the '90s, Calarasi-based glass plant built by French group Saint-Gobain, with annual turnover worth 37.7bn euros, is
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French tyre producer Michelin, which owns three plants in Romania, is readying new projects for the Zalau-based truck tyre plant, and may also manufacture electric car
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Actavis drug producer, which owns the former Sindan plant acquired in a deal worth almost 150m euros in 2006, expects exports of 5 or 6m euros
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Marius and Emil Cristescu, who own companies with total capitalisation worth 153m euros on RASDAQ, plan to transfer them to the regulated market of the Bucharest
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Cosmote, the third largest telecom carrier in Romania posted a 30% year-on-year increase in the number of corporate customer base in the first quarter 2010, largely
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The Roman, Hunedoara and Iasi complexes controlled by India's Lakshmi Mittal billionaire last year registered 88m-euro losses, while turnover generated by Russia's Mechel, which holds three
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The investment fund owned by Societe Generale is seeking new acquisitions on the Romanian market, but is ruling out consumer sector companies and is looking at
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The producer of Tuborg and of Carlsberg, URBB, is throwing Bilbor brand into the battle with Dorna and Borsec, and announces its targets on the mineral
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Standard & Poor's (S&P) rating agency affirmed its long-term corporate credit rating on RCS&RDS, one of the biggest telecom operators in the region, with annual turnover
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Javier Garcia del Valle, the CEO of the biggest travel agency on the Romanian market, Happy Tour, controlled by Spain's GED investment fund, plans to expand
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The German-based retailer Real Hypermarket, that runs a 25-unit chain in Romania, said it appointed Thierry Guillon-Verne as food purchasing director and Christian Gopfert as chief
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The local unit of the cement producer Holcim Romania has appointed Rossen Papazov (37) as marketing and sales director.He will succeed Francois Laporte who was promoted
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Carmen and Aura Pavel, owners of J’info Tours, one of the largest tour operators in Romania, said they plan to set up an umbrella company in
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