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OLTCHIM: In February will be presented the company’s reorganization plan

Since entering into bankruptcy option is excluded, judicial administrators of the company Oltchim, which is into insolvency, RomInsolv and BDO Business Restructuring will present in February the reorganization plan, which will be approved until March. The Minister of Economy – Mr. Tudose said “financial evolution over the last year shows that there are positive preconditions […] Read more »

cesiro-showroom

CESIRO – 70% of home earthenware is used by foreigners

Who would have thought that Transylvania’s lands are where the oldest Romanian home earthenware factory is hidden and that is also where millions of plates and trays are annually produced. Although it doesn’t seem imposing from the outside, Cesiro spreads on approximately 4 ha and has around 1.600 employees. That is how it can achieve […] Read more »

Marius-Ion,-Administrator-of-Broadhurst-Industrial-Management,-owned-by-New-Century-Holdings-in-Romania

Broadhurst Industrial Management – Three stars in the Broadhurst galaxy

Broadhurst Industrial Management is the industrial asset management division of Broadhurst Group. Broadhurst investment fund is controlled in Romania by New Century Holding (NCH), a group present on Romanian market since 1994 that currently manages the majority and minority stakes in more than 300 Romanian companies from various sectors. Energoutilaj, Carboplak, UMEB are three industrial […] Read more »

Dragoș-Militaru-Fabryo

Fabryo-Atlas Paints, gaining respect through quality

While a company’s financial success translates into sales figures with lots of zeros at the end, a trusted brand often means years of experience, tradition, product quality and painstaking attention to every detail that may influence the evolution of the brand. Take for example Fabryo-Atlas Paints. This is one of those companies that encourage quality […] Read more »

Politub estimates a 30% increase in turnover

Polyethylene pipe manufacturer Politub, part of Teraplast, estimates, for 2014, a 30% increase in revenue, supported by water infrastructure works and irrigation projects. The company ended 2013 with a 57.7 million lei (€13 million) turnover and, in the first half of this year , Politub reported 35.5 million lei (€ 8 million) in revenue, an […] Read more »

Glasscorp-opened-a-car-glass-plant

Glasscorp opened a car glass plant in Buzău

The Glasscorp company, one of the most important car windscreen producers in Central and Eastern Europe, member of Turkey’s Sisecam Group, has opened a car glass plant in Buzău, following an investment of €65 million, a project co-financed through a state aid scheme. The plant will produce windscreens, side windows and rear windows. The investment […] Read more »