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Articles - companies

The companies estimate a growth until September

In short term economic study issued by the National institute of Statistics, the company managers in all economic sectors estimate a growth of the activity until September. Concerning the number of employees, the companies in the constructions and services fields estimate the increase of the number of employees, while the industry is stationary.

Romanian companies becoming insolvent are larger, though fewer, says CITR

Agriculture and animal husbandry, industry (production) and real estate are the main fields affected by insolvency in the first half of 2016, according to an analysis by Casa de Insolventa Transilvania (CITR) on companies of impact in the economy (companies with fixed assets exceeding EUR 1 million).

Rockwell Automation expands with offices at Bucharest and Budapest

Rockwell Automation, the world's largest company dedicated to industrial automation and information, expands its business in East and Central Europe and has opened two new offices in Bucharest, Romania and Budapest, Hungary.

Software provider ORTEC moved to new offices in Bucharest’s AFI Park 4 building

ORTEC Central & Eastern Europe (CEE), software provider, inaugurated its new headquarters in Bucharest in AFI Park 4 office building, delivered this year by AFI Europe.

EBS, part of Japanese giant NTT, invested EUR 2 million in new headquarters in Cluj

Software services and solutions provider EBS Romania, part of Japanese group NTT (Nippon Telegraph and Telephone Corporation), opened in Cluj-Napoca its new headquarters, EBS Tower, a building with 12 floors, where 520 people are currently working.

Analysts’ perception on Romanian economy still positive

Financial analysts are still optimistic about the prospects of the Romanian economy on the short term, although the perception on the current economic situation has slightly worsened compared to the previous month.

Napochim Imobiliare Cluj-Napoca to demolish nine buildings and to take 8 million loan

Shareholders of the real estate developer Napochim in Cluj-Napoca (NACH) decided to demolish nine buildings on Someşului St. in din Cluj-Napoca. The company also decided to take a loan of 8 million lei from Ax Perpetuum Impex, main shareholder of the company.

Intel shuts down its R&D center in Bucharest

US technology company Intel will close its research & development center in Bucharest, which has been operational since 2010, according to sources quoted by Ziarul Financiar.

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