In 2010, the French dairy producer Danone grew its business in Romania by 10 % and reached a turnover of EUR 113 million. The company has announced that the growth was due to a market strategy which was … [Read more...]
Companies On The Stock Exchange – Twice As Profitable
May 20, 2011 By Leave a Comment
According to data provided by Zoltan Kosy, country manager with Tornator, one of the top five players in the wood market, the five biggest foreign forest owners have come to own over 80,000 hectares on … [Read more...]
Realitatea TV Called To Insolvency To Recover Arrears
May 18, 2011 By Leave a Comment
The Bucharest Court of Justice received a petition filed by the Autonomous Direction for the Administration of State Protocol Patrimony (RAAPPS), through which the RAAPPS is calling for the initiation … [Read more...]
Teleskill Italia Launched Partnership With The Go Business Solutions
May 12, 2011 By Leave a Comment
Teleskill Italia has announced its partnering up with Go Business Solutions, a Bucharest-based company, leader in the ICT market. The Romanian company is also specialized in consulting, design and implementation … [Read more...]
Romanian Airline Tarom Not To Be Privatized
May 9, 2011 By Leave a Comment
According to Mediafax sources, in the new letter of intent to the IMF, the Romanian Government states its goal to privatize chemical plant Oltchim and the Turceni, Rovinari and Craiova energy complexes. … [Read more...]
OMV Wants More Than Petrom’s 9.84%
April 27, 2011 By Leave a Comment
Austrian energy group OMV AG will let go by an opportunity to bolster its majority stake in OMV Petrom SNPP.BX. The company is saying that it was content with the level of control it has over Romania's … [Read more...]
European Stocks Went Up. Company Earnings Increase Confidence
April 22, 2011 By Leave a Comment
This week European stocks climbed recovering from a selloff. Earnings from Intel Corp. and Apple Inc. to PSA Peugeot Citroen and L’Oreal SA increased investor optimism in the global economic recovery. … [Read more...]
Eurolines To Open 24 New Agencies In 2011
April 21, 2011 By Leave a Comment
Dragos Anastasiu, owner of the Eurolines Company says that he intends to open 24 new agencies on the Romanian market, its own or under franchise agreements. The network is set to reach over 70 agencies. … [Read more...]
Petition For Founding Hidroenergetica Rejected By The Bucharest Court Of Appeal
April 18, 2011 By Leave a Comment
Hidroelectrica’s petition for the registration of the project for the company’s division and merger has been rejected by the Bucharest Court of Appeal rejected. Even if the petition was formulated … [Read more...]
