Archive » June 2006 » 07 June 2006 The english news from 07 June 2006
Romania: Romaero and Avioane Craiova share to be put up for sale
Romaero and Avioane Craiova share packages will be put up for sale this June, as part of the privatization process in the defence industry, says a release of the Romanian Ministry of Economy and Trade, "ACT Media News Agency" reports.…
Romania: Resita steel maker on profit
The Resita-based steel mill (northwest of Bucharest) held in the portfolio of Russian tube maker TMK made 210,000 euros in net profit last year, after having ended the previous years in losses . Resita steel plant saw its turnover surge 91 percent last year, while its sales amounted to 86 million euros, "ACT Media News" reports.…
Romania:Agrana reaches 120 million euros in turnover
Agrana Romania, the subsidiary of the Austrian group Agrana, posted 117.8 million euros in the financial year 2005-2006, which ended in February, a 52.3 percent increase as compared to the previous financial analysis; the company realised approximately half of the Romanian sugar production, "ACT Media News Agency" reports…
Romania: Tractorul's and Rulmentul's debts over 8 bln ROL
The state-owned Brasov-based heavy industry giants Tractorul and Rulmentul Brasov (URB), two of the most famous Romanian brands, have reported over 8,000 billion ROL in arrears, because their owner has failed to sell them. The two risk collapsing if they are not urgently put into private hands, writes weekly Saptamana financiara.…
Romania: Irish Economical Delegation in Bucharest
Romanian Minister-delegate for Trade Iuliu Winkler met his Irish counterpart Michael Ahern to discuss the current stage of the bilateral relations and the prospects for the two countries' development, reads a release of the Ministry of Economy and Trade, ACT Media news agency reports.…
Romania: TMK Group Puts Resita Steel Maker on Profit
The Resita-based steel mill (northwest of Bucharest) held in the portfolio of Russian tube maker TMK made 210,000 euros in net profit last year, after having ended the previous years in losses . Resita steel plant saw its turnover surge 91 percent last year, while its sales amounted to 86 million euros, ACT Media news agency reports.…
Romania: Saan-Ruttrans Enters Construction Market
Romanian-Dutch joint-venture Saan-Ruttrans of Cluj-Napoca has proved to be profitable since the very first month after its estsblishment in 2005, ACT Media news agency reports.…
Romania: Ruwel AG Invests €80 mln in Cluj-Napoca
German company Ruwel AG will start building a plant specialized in solid-state circuits for the auto industry in the Tetarom industrial park based in Cluj-Napoca (central-western Romania). At the same time, a research unit, which is at present in India, will be transferred to Cluj-Napoca, with the purpose of developing new products and technologies, ACT Media news agency reports.…
Romania: Spanish Law Firm Enters the Market
Romanian firm Mihai Mares Law Offices merged with Muniz Bernuy Abogados firm based in Spain, to set up Muniz Bernuy, Balms & Mares Co., the first law firm in Romania with shareholders from Spain, says a release of Mihai Mares Law Offices, ACT Media news agency reports.…
Romania: Investment Plans at Smithfield
After complaining about the time needed to obtain environmental permits, Smithfield officials who visited Romania last week have decided to proceed with the previous investment plans, ACT Media news agency reports.…