New round of talks for Voestalpine investment

Representatives of Austrian Voestalpine company yesterday met officials of the Romanian Agency for Foreign Investments (ARIS) to discuss a possible investment by the Austrian steel maker in Romania.

citeste mai mult

AT Kearney: Speed of growth has become a burden for the company

In the past few years, the companies on the Romanian market have been taken by surprise by the high demand for services, obliging them to compromise in terms of the business model adopted, and leading to current difficulties, according to Michael Weiss, Head of AT Kearney Romania, one of the most important strategic advisory companies on the local market.

citeste mai mult

Recent acquisition leads Rompetrol to covet 20% of the Moldovan LPG market

Rompetrol Gas, the liquefied petroleum gas (LPG) trade division of Rompetrol Group, controlled by the Kazakh state-owned KazMunaiGaz oil and gas company, recently acquired a majority stake in the MoldInterGaz Moldova LPG importer and distributor. “Rompetrol Gas is planning ...

citeste mai mult

HP Romania looking for a PC Division Head

HP Romania, local branch of the world’s top IT company in terms of revenue, is looking for a new Head for its Personal Systems Group (PSG), which handles computer sales.

citeste mai mult

Aerotravel foresees €36 mln worth of business in 2008

Aerotravel Lufthansa City Center, one of the top three travel agencies locally, posted €10 million worth of business in the first four months of 2008, 22 percent higher year-on-year.

citeste mai mult

IT entrepreneurs opt for exit rather than Intel partnership

Intel Capital’s representative for Southeastern Europe, Dan Lupu, indicated he has difficulties finalizing deals with local IT companies, because they are over-valuated by their owners and they are too small.

citeste mai mult

Tymbark to invest €30 mln in a new factory

Tymbark Maspex Romania, one of the main local soft drink producers, is to invest in a new factory in the central town of Valenii de Munte, in Prahova County. The factory will be inaugurated this fall, according go a company press release.

citeste mai mult

Piraeus Banks has difficulties finding deputy managers for local branches

One of the positions hard to fill in the banking system it deputy branch manager, given the serious deficit of experienced managers in the field, according to Piraeus Bank Romania’s HR Manager, Gabriela Constantinescu, for Business Standard.

citeste mai mult

Foreign investor stock market placements four times higher in May

Foreign investors invested €35.9 million on the Bucharest Stock Exchange (BVB) last month, four times higher than in April 2008. This amount is also the highest so far this year.

citeste mai mult

Sandero price tag in Romania to be €6,890-9,850

The Dacia auto maker launched a Sandero hatchback model in Romania, the fifth car developed by Renault and Dacia on the Logan platform, to cost between €6,890-9,850, plus value added tax (VAT).

citeste mai mult