Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Companies

Jean-Christophe Kugler appointed manager at Renault for Eurasia

Wednesday, September 3, 2014

The former president of Dacia Administration Board, Jean Christophe Kugler was appointed general manager at Renault for Eurasia, which was extended by four countries, Romania included. Kugler, aged 53, will replace Bruno Ancelin who was promoted CEO at Renault to plan new products. Eurasia will include 15 markets where Renault is present from 11 ...

ECCO footwear retailer opens two stores in Bucharest

Wednesday, September 3, 2014

140903095010Ecco_77767_450x450.png

The Danish footwear retailer ECCO opens two new stores in Bucharest this week in the commercial centers Bucharest Mall and Plaza Romania, reaching a total of 18 stores at national level.After these openings, ECCO will have eight stores in Bucharest and other units in Cluj Napoca, Constanta, IAsi and Timisoara as well as an online ...

Investment fund buys Danone headquarters in Bucharest with 6 million euro

Wednesday, September 3, 2014

140903095353eos_business_park_phase_1_1.jpg

An investment company from Cyprus, Secure Property Development & Investment (SPDI) signed an accord with the real estate developer that owns the headquarters of Danone Bucharest for the purchase of EOS Business Park building for 5.85 million euro.   The EOS Business Park building, erected by Primavera Development Romania has an area of ...

Antibiotice SA, one of the most highly commended Iasi-based companies nationally and internationally

Wednesday, September 3, 2014

The Antibiotice SA drugs maker is one of the most prolific and highly commended companies of Iasi, nationally and internationally. In almost 60 years since its establishment, the antibiotics company became a real national and international brand in the pharmaceuticals industry. As the main producer of generic anti-infectives in Romania and a leading world maker of nystatin as an active substance, the company is currently ranked 5th among 250 companies that make ...

Romanian PVC profiles and compounds producer more than doubles net profits in H1 2014

Wednesday, September 3, 2014

Romanian construction specialist Teraplast posted a net profit of LEI 1.53m (EUR 350,000) in H1 2014, up from LEI 570,000 (EUR 130,000) in the same period last year. Turnover was down slightly, at EUR 34.4m (H1 2013: EUR 23.7m) as a result of declines in its end markets as well as unstable weather conditions, which delayed several construction projects, the company said. “Despite the unfavourable context of the ...

New Praktiker owner plans to resume expansion

Wednesday, September 3, 2014

Over the next two months, new Praktiker stores will be opened in Giurgiu and Targu Jiu and the DIY retailer’s network should increase from 27 outlets at present to 45 in two years’ time, Omer Susli, the businessman who took over the local Praktiker business this February, told BR. After five consecutive years of falling sales in Romania, the local Praktiker network wants to recover its losses by the end of 2014, said its new owner. The ...

Orange Romania promotes MoneyGram service

Wednesday, September 3, 2014

Orange Romania launched a promotion whereby residential postpaid customers or users of Orange PrePay cards who use the MoneyGram transfer service in Orange stores receive 50 international minutes on their Orange telephone number. The promotion is available until 30 September.   The bonus is awarded within 5 working days from the date of the ...

Vodafone Romania expands 4G roaming to 15 countries

Wednesday, September 3, 2014

Telecom operator Vodafone Romania announced in a pres release it will be providing 4G roaming in 15 countries, at no supplementary costs over the current roaming tariffs. Austria, Belgium, South Korea, Switzerland, France, Germany, Great Britain, Norway, New Zealand, The Netherlands and Taiwan were the countries that were added to Vodafone’s 4G roaming coverage list, after in November ...

Razvan Patrunoiu is the new head of Accenture Romania

Wednesday, September 3, 2014

Razvan Patrunoiu has been appointed country managing director of the local subsidiary of Accenture, the company announced Friday. He is replacing Andrea Multari who held the position since 2011. Multari’s new position within Accentrure will be that of infrastructure ...

Footwear producer Denis posts 25% rise in turnover in H1

Wednesday, September 3, 2014

Footwear producer Denis Suceava (north-east) has sold since the start of this year over 62,000 pairs of shoes, having recorded a rise in turnover by 25% in H1 compared to the same period of 2013, and has planned investments of 350,000 euros in opening new four new stores in Romania and abroad. 'We are on schedule with the growth estimated for 2014 due to the sales in the Why Denis and Anna Cori All Shoes network, which has reached a total of 33 stores. In June, we ...

Commercial park with 25,000 square meters of stores in southwestern Bucharest

Wednesday, September 3, 2014

The Vulcan commercial park on the site of the former factory with the same name in southwestern Bucharest will open on September 4, offering approximately 25,000 square metres of store area; it is a project developed by the New Europe Property Investments (NEPI) South African investment fund.The park has a built area of 25,750 square metres and is already 95 percent leased.Vulcan is Bucharest's first value centre - a concept adapted to Romanian ...

Romaero's investment expenditures for 2014 - 1.365 mln lei

Wednesday, September 3, 2014

Aircraft maker and repairer Romaero has scheduled for this year investment expenditures of 1.365 million lei, according to the budget of revenues and expenditures published in the Official Gazette. The total revenues of the company are estimated at 129.711 million lei and expenditures - at 129.516 million lei. The personnel-related costs are set at 51.705 million lei, of which 37.489 million lei represents salary-related expenditures. The ...

Competition Council and OECD experts to check up competition legislation for inconsistencies

Wednesday, September 3, 2014

The Competition Council and experts of the Organisation for Economic Co-operation and Development are planning to implement a new project to thoroughly analyse the legislation in three fields of interest for Romania's economy, while checking for the existence of such provisions contravening competition laws, said, for Agerpres, Bogdan Chiritoiu, head of the Competition Council.'Together with OECD experts we will comb through all the ...

Romavia in bankruptcy

Wednesday, August 27, 2014

140827104003sigla.jpg

  The Romanian aviation company ROMAVIA got bankrupt through simplified procedure, following a decision given at the beginning of August by the Tribunal of Ilfov.Romavia was set up in 1991 in coordination with the Ministry of Defence for air travel, for passengers, goods and mail, in domestic and international traffic as well as for the journeys of ...

Mega Image sold products under own brand worth 122 million euro last year

Wednesday, August 27, 2014

140827104054drtaberei.png

  Sales of products under own brand of Mega Image represented 23% of the total income of the retailer in 2013, 538 million lei (121.8 million euro) respectively says the sustainability report of the owner of the chain, the Belgian group Delhaize.   According to previous statements of the CEO Delhaize Frans Muller the ...

The number of companies in insolvency in the first seven months dropped by 13.4%

Wednesday, August 27, 2014

  The number of companies in insolvency in the first seven months dropped by 13.37% at 15,124 from 17,458 in the similar period of last year, according to the data of the National Office of the Commerce Register (ONRC).   In July a number of 2,093 of companies got in default, 2,000 companies in June, 2,149 in May, 2,089 in ...

Konica Minolta's H1 turnover in Romania, up 10%, to 8.7 mln euros

Wednesday, August 27, 2014

Office equipment provider Konica Minolta recorded a turnover of 8.7 million euros in Romania, in H1 2014, up by 10% from that in the same period of 2013, according to a company's Tuesday release.Approximately 45% of revenues came from the sale of equipment, whilst the remaining 55% of turnover was generated from services and solutions provided by the company on office and ...

Traditional Cluj brands - Farmec, Clujana, Ursus and Napolact

Wednesday, August 27, 2014

Some of the best-known Romanian brands are based in Cluj, where such renowned brands like beauty product maker Farmec, Ursus brewery and footwear maker Clujana were born and have survived through mostly tormented times, during a more than 100-year history.One of the brands Romanians hold dearest is Farmec, that has managed to win European fame too, with the company's beauty ...

Romania, 4th CEE country by number of big companies

Wednesday, August 27, 2014

Romania is ranked 4th among countries in Central and Eastern Europe (CEE) according to the number of companies present in the Top 500 largest companies in the region edited by Coface and quoted by Mediafax.There are 48 big companies active in Romania, just like in the case of the Czech Republic. Poland ...

Rewe Romania opens 5th Penny Market in Bucharest

Wednesday, August 27, 2014

Rewe Romania will open a new Penny ...

Premium News

Daily

Wednesday, September 3, 2014

Financial & Banking

Monday, September 1, 2014

Economic

Tuesday, September 2, 2014

Companies

Wednesday, September 3, 2014

Energy & Environment

Thursday, August 28, 2014