fails
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Petrom's profit doubles in H1, but fails to reach expectations
Petrom, the largest Romanian company, reported net profit worth 687 million RON (188.2 million euros) in the second quarter of the year, up 36% against the same time last year, whilst turnover amounted to 4.5 billion RON (1.2 billion euros), up 70%. Petrom's n...
IKEA fails to improve domestic suppliers' business
Out of the 7,000 items on display in IKEA, only 10% come from domestic producers and although the furniture retailer records sales worth millions of euros, very little is logged in the balan...
Number of visitors at the CERF fails to meet organiser expectations
The IT&C fair CERF (Computers & Electronics Romanian Fair), which took place from May 9th to May 13th, organised by Expotek and held at the Romexpo exhibition centre, attracted around 60,000...
Raiffeisen fails to qualify for final stage of CEC privatisation
Raiffeisen fails to qualify for final stage of CEC privatisation
Zentiva fails to delist Sicomed
The Czech drug maker Zentiva only managed to buy just under half of the 49% stake which it did not hold in Sicomed, during its tender offer run on the Bucharest Stock Exchange, the results o...
Tec Miaco fails to find investor
Chicken industry company Tec Miaco Romania, which went into receivership last year as a result of its 16 million euro debts, has failed to attract an investor. "An auction was held this week...
Intervention fails to materialise as central bank lets exchange rate fall
Intervention fails to materialise as central bank lets exchange rate fall
Sales figures gloomy as weather fails to brighten up
Sales figures gloomy as weather fails to brighten up
Economic growth fails to boost foreign direct investment
In its third year of economic growth, Romania was unable to attract more than one billion dollars in foreign direct investment, although the authorities were counting on $1.7 billion.Romania...