October 8 (SeeNews) - Following are some of the main stories in the online versions of Romanian media on Thursday morning. SeeNews has not verified these reports and cannot vouch for their accuracy.
- Romanian footwear retailer Leonardo has filed for insolvency and will start judicial reorganisation due to lower domestic demand and a 25% fall in sales this year, an official at a local insolvency agency said.
- Austrian investment fund Europolis plans to launch a 400 million euro fund focused on investments in Central and Eastern Europe with Romania being one of the main targets, Europolis management board member Thomas Erdmann said.
- Liberalisation of Romania's passenger railway market may attract local and foreign private carriers and improve competition, head of Romanian freight railway transportation group Grampet, Gruia Stoica said. He added that Grampe's unit cargo carrier Grup Feroviar Roman plans to enter the passenger railway segment by the end of the year.
- Some 170 Romanian companies have notified the country’s employment agency that they plan to lay off a total of 15,792 between October and April, the agency said.
- Romania's car dealer AutoItalia Group opened on Wednesday a 5.0 million euro showroom in the Romanian capital Bucharest, the agency reported.
- Romania is facing some economic difficulties and is not likely to be among the first countries that will recover from the crisis, analysts of Austria's Erste said.
- Romanian building materials maker Baumix sees its earnings before interest, taxes, depreciation and amortisation (EBITDA) rising 36% this year to 3.7 million lei on the back of a 5.0% increase of the company's sales in the first nine months, head of Baumix Augustin Russu said.
(1 euro=4.2682 Romanian lei)