KWS Relies On Corn Seed Business For Growth
yesterday, 00:00
Agricultural seeds producer KWS, a company with EUR0.9 billion in revenues from worldwide operations, has already run out of the corn seed stock allotted for this year’s farming season in Romania as a result of very high demand.
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Fitch Ups Outlook On Rompetrol's 'B+' Rating To Stable today, 18:51
Fitch Ratings on Friday revised the outlook on Netherlands-based The Rompetrol Group N.V. (TRG) to stable from negative while affirming its... more
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Introducing Fast Food Tax To Impact Romanian Food Industry, Consumers - Association today, 17:27
Introducing a tax on fast food will undoubtedly impact the Romanian food industry, consumers, as well as the country’s agriculture and economy,... more
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Posta Romana To Lay Off 6,500 Employees, Almost 20% Of Staff today, 17:12
Romania's state-owned postal operator, Posta Romana, will sack almost 20% of its staff to avoid insolvency, with 1,029 employees to leave over the... more
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Romania To Keep Oil, Gas Royalty Rates Unchanged Until 2015 today, 16:01
Romania will maintain its current royalty rates for oil and gas companies unchanged until 2015, Economy Minister Daniel Chitoiu said Friday. more
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Economy Minister: Romania To Name First Private Manager In State Company By End-June today, 15:56
Romania will appoint the first private manager in a state company by the end of June, Economy Minister Daniel Chitoiu told a news conference Friday. more
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Basescu: Romania Wins With Any Alternative Energy Project In Balkans today, 15:25
President Traian Basescu said Friday that any of the alternative energy supply projects in the Balkan region is a win for Romania, whether it is... more
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Basescu: Romanian Public Must Be Shown That Shale Gas Exploitation Poses No Major Risk today, 15:18
Romanian President Traian Basescu said Friday Romania must develop a strategy to explain to the public that shale gas exploitation does not pose... more
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Economy Minister: Hidrolectrica Bilateral Contracts No Longer Underpriced today, 15:14
Romanian state-run hydropower generator Hidrolectrica has managed to amend its controversial bilateral electricity contracts signed with corporate... more
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Transport Minister: Work On Transylvania Highway To Move Ahead today, 13:51
Work on the Transylvania Highway will continue in Bihor county after the Transport Ministry will pay US constructor Bechtel 98 million lei (EUR22... more
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Cegedim: Romanian Medicine Market Climbed 21% In Jan-March today, 13:19
The Romanian medicine market increased to 2.93 billion lei (EUR659.5 million) in the first three months of the year, up 21.6% compared with the... more
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US Ambassador Says He’ll Talk To Romanian Economy Ministry On Shale Gas Moratorium today, 11:47
US Ambassador to Bucharest Mark Gitenstein Thursday said he will discuss with Romanian Economy Minister Daniel Chitoiu on the government’s... more
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ArcelorMittal Galati CEO: Productivity Must Increase, The Good Old Days Won't Return today, 00:00
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... more
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US Trader Goes From Wall-Street Investments To Buying Farmland In Romania And Bulgaria today, 00:00
Jeffrey Notaro, a trader who worked on Wall Street for 18 years, where he traded both bonds and futures contracts, set up investment fund Black Sea... more
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Rompetrol Well Services Inks $0.8M Service Deal In S. Sudan yesterday, 19:51
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, has won a $800,000 service contract at an oil well in... more
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Former Microsoft Romania GM Appointed Communications Ministry State Secretary yesterday, 19:06
Ovidiu Artopolescu, former general manager of Microsoft Romania, has been appointed secretary of state with the Romanian Communications Ministry. more
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Romania's Spending On Healthcare Is Lowest In EU, Study Finds yesterday, 18:19
Romania spends less on healthcare as a share of the GDP than any other EU state – 5.6% in 2009, compared with the EU average of 9.9%, and 3.7% in... more
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Nica: Without Restructuring Plan, Posta Romana Will Go Under yesterday, 17:47
The board of Romanian state-owned postal operator Posta Romana will discuss Friday a plan to restructure the company and avoid bankruptcy,... more
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Dacia To Launch Models Dokker And Dokker Van In 2012 yesterday, 14:28
Romanian carmaker Dacia said Thursday it will launch two new car models, five-seat car Dokker and commercial vehicle Dokker VAN, in the second half... more
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Porsche Finance Group Issued Funding Worth EUR33M In 1Q 2012
yesterday, 14:27
Porsche Finance Group on Thursday announced it had granted funding worth a total EUR33 million in the first three months of the year, up 27% on the... more
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FOCUS: Imported Foods Sold In Romanian Stores At Prices Almost Ten Times Higher Than Entry Prices yesterday, 14:07
Fruit, vegetables and meat imported in Romania are sold in stores and marketplaces at prices almost two, three and even ten times higher than entry... more
Romanian carmaker Dacia said Thursday it will launch two new car models, five-seat car Dokker and commercial vehicle Dokker VAN, in the
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Agricultural seeds producer KWS, a company with EUR0.9 billion in revenues from worldwide operations, has already run out of the corn
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Bunge, one of the largest vegetable oil producers in Romania, got the Competition Council’s approval to take over the oil plant in
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The Muntmarks were among the first people to set their eyes on the wind power three years before Romania became a EU member and now one
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Romania fell one notch to fourth place in a ranking of the most attractive destinations for private equity funds in Central and Eastern
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Despite the freeze caused by the heavy snowfall and the govenrment change, the economy remained constant in the first quarter compared
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Businessman Dan Sucu, who controls the Mobexpert business, worth around EUR113 million last year, says he was surprised by the good
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Vouchers for the clunkers scheme are traded on the market at prices ranging between RON2,600 and RON3,000, three times more than in
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Spanish developer Heliotech and its Romanian partner Solar Systems will develop a solar power project worth over EUR55 million in
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Ford Europe completed the EUR675 million investments in the plant in Craiova six months ahead of schedule and began production of the
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ArcelorMittal Galati CEO: Productivity Must Increase, The Good Old Days Won't Return
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 Ribo, the new chief executive of the ArcelorMittal steel plant in Galati, Romania.
