Romanian fertilizers maker Amonil (AMO.RO) ceased Monday its ammonia and urea production amid low international and local demand for nitrogen-based fertilizers, and will lay off 80% of its employees, the company announced Tuesday.
Romania’s fertilizers plant Azomures (AZO.RO) will put approximately 600 employees on technical unemployment in the first part of April, according to „Alternativa 2002” trade union. „Sending the people on technical unemployment will be made gradually, in the first part of April. These things were negotiated in order to prevent unemployment, the management saying it looks […]
Famous Romanian folk artist Ion Dolanescu, 65, died Thursday afternoon of heart attack at his home in capital city Bucharest. Dolanescu died around 16:00 local time despite ambulance doctors’ efforts to resuscitate him.
Romanian agriculture minister Ilie Sarbu sacked Thursday 18 managers of the central structure of the country’s Agency for Payments and Intervention in Agriculture (APIA) and 42 local managers, saying they failed to observe deadlines to start payments to farmers.
Cold meats producer Cris-Tim, one of the top players on the local market, plans to increase market share by 2 percent this year, as some of its competitors might not survive the economic crisis.
The Delaco dairy producer, one of the top players on the cheese products market, registered a 40 percent year-on-year rise in sales in January, in spite of the decline registered on the food products market, according to company representatives.
Hungarian authorities notified Romanian border authorities in the county of Arad that bringing snowdrops into Hungary is a crime, as the plant is protected by law.
The Murfatlar wine producer, leader of the domestic market, is expecting the market to grow, in spite of the current economic context, but company officials are talking about a growth pace lower than the 10 percent level registered in previous years.
Romanian Agriculture Minister Ilie Sarbu underwent cholecystectomy surgery at the Floreasca Emergency Hospital in Bucharest on Saturday, official sources said. The surgery lasted for approximately one hour, after which Sarbu was taken into intensive care unit.
The state-owned Oltchim Ramnicu Vilcea complex postponed investments worth over €300 million due to the financial crisis, a plunge in the main export markets, and the decline by 50 percent in the price of products, the company’s General Manager, Constantin Roibu, told Business Standard in an interview yesterday.
