3 iul 2015

Romania's production of steel, rolled products and pipes dropped from 17.6 million tons after 1990 to 7.1 million tons last year. The number of employees in the steel industry went from 143,000 to more

30 iun 2015

Romanian aluminum smelter Alro Slatina (ALR.RO), majority owned by Vimetco group, aims to increase the volume of products targeting the auto, aeronautical and defense sectors by 10%, to 30% of its more

29 iun 2015

Japanese electronics producer Panasonic targets the 1st position on the Romanian market of switching devices evaluated at EUR10 million, and aims to build a production unit on the local market. more

29 iun 2015

The Monsson group of businessman Emanuel Muntmark, the largest local wind farm developer, ended last year with EUR50 million revenue, an increase on 2013 and might reach about EUR60 million in two more

23 iun 2015

Bucharest-based oil products trader ROTTCO Consult, of low-profile businessman Nicolae Paul Pop, former head of the fuel distribution operations of Rompetrol, posted 521.5 million lei (EUR116.3 more

18 iun 2015

Romanian energy traded Alpiq RomIndustries, a unit of Swiss company Alpiq, reported 22% higher revenues in 2014, at 395 million lei (nearly EUR89 million), while it employed only 15 people, according more

16 iun 2015

Private power supplier Repower Furnizare Romania, the local subsidiary of Swiss-held Repower group, forecasts 5% to 10% higher revenue in 2015, while its sales are seen up 7%. more

15 iun 2015

Bucharest-based biofuel trader Trend Energy posted 325.8 million lei (EUR73 million) revenue with only four employees last year. more

11 iun 2015

Romania exported 47.000 tons of copper ore in 2014, worth EUR35 million, while imports of copper increased 17%, to EUR530 million, as the country lacks processing capacities, according to data from more

11 iun 2015

Defense contractor Romarm, the main Romanian producer and direct exporter of military products, is seeing high demand for infantry ammunition and weapons, largely from the Middle East, according to more

1 iun 2015

Frigoglass Romania, a company part of the Greek refrigerating equipment manufacturer Frigoglass, posted 405.8 million (EUR91.4 million) revenue last year, an increase of 4% on 2013 driven by sales in more

1 iun 2015

Solar panel manufacturer Altius Fotovoltaic expects 16 million lei (EUR3.6 million) revenue this year, half of which generated by exports, and is in talks with African partners to open a production more

26 mai 2015

The construction sector valued at about EUR9 billion showed the first signs of a rebound early this year, but companies in the industry say it is too early to talk about a sustainable recovery. This more

24 mai 2015

Integrated electricity and natural gas supplier E.ON Energie Romania, a unit of Germany’s E.ON, is bearish about 2015 and expects 9% lower operating revenue of 4.8 billion lei (a little more than more

19 mai 2015

ArcelorMittal Galati, the largest steel plant in Romania, will continue to shed jobs for three to four years from now. This is a vital condition for the survival of the plant that had 27,000 employees more

13 mai 2015

Steel plant ArcelorMittal Galati posted 3.59 billion lei (EUR805 million) revenue last year, 3.2% lower than in 2013 and RON480 million loss. The plant’s business was hurt by the drop in steel more

12 mai 2015

Craiova-based Softronic, held by Romanian entrepreneurs sold its 20th locomotive made in Craiova abroad and expects to export one more by yearend. more

22 dec 2014

OMV Petrom (SNP.RO) has signed an agreement with Energocom in the Republic of Moldova and will stat delivering natural gas to Moldova on January 1, through the Iasi-Ungheni pipeline, sources close to more

15 nov 2013

Romanian fuels wholesaler Petrolexportimport (PEI.RO) Friday said its sales fell 14% on the year to 226.1 million lei (EUR50.8 million) in the first nine months of 2013, from RON263.4 million in the more

1 apr 2013

Romanian state-run hydropower producer Hidroelectrica will assign 9.5 million lei (EUR2.1 million) to expropiate dwellings over three localities in the northern county of Mures, required to complete a more

25 iun 2012

Romanian hydropower producer Hidroelectrica can pay its debts towards the banks, although the state-owned company has started insolvency proceedings, the company's legal administrator told MEDIAFAX. more

18 mai 2012

Limits are only in our minds, and if the bad news is that it is tough out there right now and the good old days will not be back, there is also good news. This is but part of the philosophy of Bruno more

19 iul 2011

Romanian oil company Rompetrol Rafinare (RRC.RO), part of Rompetrol group, Tuesday said it has started the final phase of a project meant to increase crude processing capacity at the Petromidia more

19 iul 2011

Serbian oil company NIS, owned by Gazprom, approached Rompetrol two months ago, with a proposition to buy the group’s Romanian gas station network, but the offer was declined. more