up
849 articole · RSS
Romarm teams up with four Italian companies
Romarm teams up with four Italian companies
Romanians working abroad unable to keep up with imports
The current account deficit of Romania's balance of payments maintained its explosive growth trend in the first month of this year. It amounted to 108 million euros in January 2004, which is...
Staff policy up to Petrom's investor
Economy Minister Dan Ioan Popescu on Monday said the State will not require the investor taking over SNP Petrom to keep a specific number of employees. Petrom is currently employing 58,000 p...
Textila Oltul up 30%
Textila Oltul last year logged 300 billion ROL (7.9m euros) in turnover, up 30% from 2002, said the company's general manager Vlastimir Isakovics. "We invested some $2.8m in new equipment, w...
Cesarom turnover up to 27m euros
Cesarom Bucharest, the second-leading ceramic tile maker on the Romanian market made approximately 4 million-euro net profit in 2003, while turnover reached 27.2 million euros (1,023bn ROL),...
Siretul stock price goes up four times
Textile company Siretul Pascani concluded last year with net profit of 17.4 billion ROL ($0.5 million), close to the value posted in 2002. However, the company's shares, which are listed on...
AOAR takes up historical debts with IMF
The representatives of the Association of Business People in Romania (AOAR) suggested during their talks with the IMF delegation that the international financial institution should consider...
Overdue payments on loans going up
Romanians' borrowing frenzy and the banks' pursuit of as quick a retail market share expansion as possible is taking its toll: overdue payments on ROL-denominated loans due in more than thre...
Alexandrion Group sales up to 29m euros
The alcoholic drinks division of Alexandrion Group Romania, which makes and sells the Alexandrion brandy, Kreskova vodka and Bellman's gin, reported 1,100 billion ROL (29 million euros) in t...