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A former manager with Graffiti/BBDO, Prima TV, IRS and Protan named at the leadership of CFR Marfa

Wednesday, April 16, 2014

  CFR Marfa has a new general manager, Dan Valentin Belcea, former manager with Graffiti/BBDO advertisement company, the Prima TV and the International Railway Systems (IRS) and Protan with activities in the railway domain, and waste management respectively.   Belcea is a graduate of the Pennsylvania- Philadelphia University PA ...

Offers for the privatisation of the Posta Romana could come between June- August 2014

Wednesday, April 16, 2014

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The process of privatisation of the Posta Romania will be resumed immediately after the agreement from the European Commission on the conversion in shares of the debt of over 242.5 million lei ( approximately 56 million euro) which Posta Romana has to the state budget, which is expected immediately after Easter, and the preliminary offers could be presented in the period June – August 2014, Razvan Cotovelea , the miniter for Information ...

Black Sea SMEs encouraged to set up clusters to boost competitiveness

Wednesday, April 16, 2014

The set-up of clusters is one of the best opportunities for the small and medium-sized enterprises (SMEs) to become competitive with the big corporations - such is the message sent by several of the participants in an international conference on the Cooperation between Clusters for Information and Communication Technologies (ICT) for the Black Sea Development, Competitiveness and Prosperity having opened debates in the Bulgarian capital on ...

Prime Minister Victor Ponta met Tenaris group CEO, at Victoria Palace

Wednesday, April 16, 2014

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Prime Minister Victor Ponta on Thursday, at the Victoria Palace, received Tenaris Group CEO Paolo Roca. During the meeting, the two approached topics related to the stage of the projects for the development of the activity at the production units of Zalau (north-western Romania), and Calarasi (southern Romania), as well as to the funding by the Italian investor of a local development programme of technical education for the youth of the counties where the company operates, ...

ME: Companies in Romania must be more active in exports and promote common platform

Wednesday, April 16, 2014

The companies of Romania must be more active in exports and this can only be done through a good cooperation between the employers' associations in the constructions sector, through a common platform, Director with the Economy Ministry Costin Lianu said on Thursday, at the opening of Construct Expo international exhibition.'The exhibitions organised by Romexpo are, from Romania's exports viewpoint, a very good sectoral branding for the constructions area. ...

De minimis scheme, part of gov't funding of up to 0.4 pct of GDP

Wednesday, April 16, 2014

The Government will allot 0.4 percent of Romania's GDP to the small and medium-sized enterprises (SMEs), with the de minimis scheme being part of this project, Minister-delegate for SMEs, Business Milieu and Tourism, Florin Jianu said on Tuesday. The first 33 companies that have accessed funding through the de minimis scheme signed the funding agreements on Tuesday, in the presence of Prime Minister Victor Ponta and Minister Florin Jianu.The ...

The Sadu Arsenal, one of Romania's leading defence corporations

Wednesday, April 16, 2014

Uzina Mecanica Sadu (U.M. Sadu), the Sadu weapons making corporation, one of Romania's leading defence corporations, was established 75 years ago under a royal decree signed after insistent demarches by then Prime Minister Gheorghe Tatarescu, the document sent by Agerpres informs. Decades later, it reached its business apogee and also had to put up with troubles while making and delivering weapons and ammunitions for the US troops deployed in Afghanistan and Iraq. ...

EUR 75,000 Investment in plotareonline.ro, the first online printing service

Wednesday, April 9, 2014

*The plotting leader on the Romanian extends at national level using an online platform   Eurocom, a company with an experience of over 20 years in the field of digital printing and a turnover in 2013 of approximately EUR 4.5 million, invested about EUR 75,000 in ...

Reuters: Cement makers Lafarge, Holcim agree merger plan

Wednesday, April 9, 2014

The world's two largest cement makers, France's Lafarge and Holcim of Switzerland, have agreed the terms of a merger that would create a company with a market value of around $55 billion, a source close to the deal said on Sunday. Such a merger, achieved by Holcim buying Lafarge, would be the industry's biggest-ever tie-up and create an entity with combined sales of over ...

Corlatean: We want to encourage presence of Romanian companies in Mauritania

Wednesday, April 9, 2014

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Romanian Foreign Affairs Minister Titus Corlatean after the talks with his counterpart of the Republic of Mauritania Ahmed Ould Teguedi on Monday said that Romania wanted to encourage the development of bilateral relations with this country, with a more consistent economic component.He pointed out that before 1989 there had been very good relations and a significant level ...

Over 3,600 companies suspend operation in first two months of 2014

Wednesday, April 9, 2014

The total number of companies which suspended their operation decreased in the first two months of this year by 25.8% compared to the same period of 2013, from 4,860 companies to 3,606 ones, according to the data centralized by the National Office of Trade Registry. The largest number of companies that suspended their operation was recorded in Bucharest - 425, and in the ...

Orange Romania announces LTE offer 

Wednesday, April 9, 2014

Orange Romania launched its LTE network in over 1,000 localities across the country and released an offer aimed at customers who are living in areas covered by LTE. The operator launched new add-ons with supplementary data traffic and increased average speeds to up to 60 Mbps. With a subscription for a 'Pantera' tariff plan, for instance, customers have access to LTE internet at average speeds of 30 Mbps and can use included traffic across the country on a second device, ...

Endava continues strategic expansion and opens a sales and consultancy office in Atlanta, USA

Wednesday, April 9, 2014

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Endava, one of the leading IT service companies in the region, opened a new sales and consultancy office in Atlanta, USA, the press release sent to ACTMedia informs. This is part of Endava’s global expansion strategy, which focuses on strengthening its presence in Eastern Europe through development and support centres in Romania, Moldova and ...

PM Ponta, Germany's Ambassador inaugurate building site for new Daimler plant in Sebes

Wednesday, April 9, 2014

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Prime Minister Victor Ponta on Friday in Sebes (north-west of Bucharest) attended the opening ceremony for the construction works on a new production unit making Star Assembly auto components, an event that marks the beginning of a new phase of an investment worth more than 300 million euros carried out in Romania by the Daimler company, with the project to generate over 500 jobs. During the ceremony, Victor Ponta, Germany's Ambassador ...

CNBC Launches in Romania on UPC Digital Platform

Wednesday, April 9, 2014

CNBC has launched on UPC Romania, one of the largest cable television operators on the Romanian market. From April the network will be available on UPC digital platform, channel 424, and will be included in the subscriptions Familia HD and Maxim HD. CNBC also announced that UPC DTH’s customers can now watch CNBC as part of their Light package in Hungary, the Czech Republic & Slovakia and as part of their HD package in ...

The growth tendency in the manufacturing industry, constructions and commerce and a moderate growth in services in the next 3 months

Wednesday, April 2, 2014

  The managers of commercial companies estimate for the period March – May a tendency for growth in the manufacturing industry, constructions and the commerce sector and a moderate growth in services, by comparison to the three previous months, on the basis of the indicator short term informs on Friday the National Institute for Statistics ...

Farmec of Cluj Napoca

Wednesday, April 2, 2014

Established more than 40 years ago, the Farmec research laboratories of Cluj-Napoca, north-western Romania, have set a trend that later on became traditional in Romania's cosmetics, of bringing to life original research that incorporates years of studies and experimenting conducted with seriousness, inventively and professionally.The fruit of such research today bears the ...

Senate tacitly approves draft law on setting up Apuseni Mts. Regional Company

Wednesday, April 2, 2014

The Romanian Senate in a plenary sitting on Monday tacitly approved a draft law on setting up the Regional Company of the Apuseni Mountains, initiated by Senator Ioan Ghise.The Regional Company of the Apuseni Mountains (CRMA), which will work under the Government's authority, aims to ensure the ecological, forest and tourist rehabilitation of the area, provide training for ...

Austria's Baumax Might Withdraw from Eastern Europe

Wednesday, April 2, 2014

Austrian "do-it-yourself" chain Baumax is mulling a pullback from Bulgaria and Eastern Europe, Austria's Die Presse newspaper reported. Earlier, its founder Karl-Heinz Essl announced he was kicking off a sale of his artwork collection in a move aimed at raising funds to save his company. Baumax representatives have however suggested that the revenues from the sale could ...

Nicolescu: Last years' reality shows those managing companies sometimes delay privatisation

Wednesday, April 2, 2014

The idea of setting up a country-level department for privatisations is interesting, since those who have managed the companies over the last years have delayed or have put off the privatisation processes sometimes, Minister-delegate for Energy Razvan Nicolescu says in an interview with AGERPRES.When asked whether the companies responsible to the Energy Department will be switched to a new privatisation department to be set up at the Economy Ministry, Nicolescu ...

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