25 ian 2017

Romanian government on Wednesday approved an emergency ordinance regarding the program for the support of SMEs’ internationalization, financed from the state budget and dedicated to the individual more

25 ian 2017

CIECH Soda Romania, the production unit of CIECH Group, invested EUR3.3 million in a compressor imported from Germany, which was inaugurated on Wednesday. more

25 ian 2017

Romanian entrepreneur Catalin Chis, owner of Active Power Solutions (APS) group, bought an 86% stake in Graffiti Public Relations agency from Graffiti Marketing and Multimedia Holding SA. more

25 ian 2017

Romania’s industrial sector, which includes activities such as raw material processing, mining, energy, water and waste, fell by 8 points in December 2016, below the 50-point threshold which more

25 ian 2017

Pharmaceutical wholesaler Europharm Distributie (EPH) will replace all its fleet vehicles with hybrid vehicles by the end of January 2017, following EUR1 million investments, the company said in a more

23 ian 2017

The economic decisions approved by the Romanian government in the last three weeks have negative consequences for millions of employees and hundreds of thousands of companies, as they were made more

23 ian 2017

Clothing retailer C&A doubled its net profit in the last two years in Romania; on the other hand, the company announced it would close 23 stores and lay off 300 employees in Spain, as well as five more

23 ian 2017

The gross demand of industrial and logistic space rose 50% last year, to over 460,000 sqm, reaching the highest level in the history of the industrial and logistic space market in Romania, according more

23 ian 2017

International deals remain a priority despite rising nationalistic geopolitical sentiment, while the global value of the mergers and acquisitions will register an upward trend this year, according to more

20 ian 2017

Half of Romanians (49%) would like to use solar energy for space heating, thus protecting the environment, according to a study on living in Europe commissioned by E.ON. more

20 ian 2017

State-owned nuclear power producer Nuclearelectrica closed a RON13 million contract with National Water Administration company to dispose of waste water from the nuclear power plant in Cernavoda more

20 ian 2017

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19 ian 2017

New car sales rose for the third consecutive year in 2016, to 95,000 units, up by 60% compared with 2010, according to Romanian car fair operator Autovit. more

19 ian 2017

Electricity and natural gas supplier Transenergo, one of the largest energy traders on the Romanian market, filed for insolvency on January 17, 2017, according to the data on the website of Bucharest more

19 ian 2017

Romanian lender CEC Bank has decided to cut the interest rates for mortgage loans in lei for the acquisition or construction of homes in Bucharest and Ilfov county, county capital cities and other more

19 ian 2017

CIECH Soda Romania, the production unit of CIECH Group, registered a record production last year, following investments of RON33.5 million, the company said in a statement Thursday. more

19 ian 2017

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18 ian 2017

Insurer Euroins Romania, undergoing financial recovery, underwrote premiums of EUR198 million in 2016, up 22% on the year, according to data released by Bulgarian group Eurohold, which owns the more

18 ian 2017

Turkish-owned real estate developer Opus Land sold homes totaling EUR30 million last year in Cosmopolis residential compound in northern Bucharest, up 10% compared with 2015. more

18 ian 2017

Discount retailer Penny Market, controlled by German group Rewe, will open 20-25 new stores this year, following investments of EUR70 – 80 million, according to Daniel Gross, Rewe Romania managing more

18 ian 2017

The value of the e-commerce market in Romania exceeded EUR1.8 billion in 2016, growing 30% compared to 2015, when the total e-commerce market size was at EUR1.4 billion; thus Romanians spent, on more

18 ian 2017

Romania ranks 33rd in GfK’s “Purchasing Power Europe 2016” ranking, similar with 2015, with an average per-capita purchasing power of EUR4,181, representing approximately one third of the more

18 ian 2017

The real estate investments in Central and Eastern Europe (CEE) exceeded EUR12.5 billion in 2016, up 42% compared with 2015, marking the highest investment volume since 2007, according to the data of more

17 ian 2017

Online retailer evoMAG reported sales of EUR22 million in 2016, up 20% compared with EUR18.5 million a year before and above initial estimations, mainly due to the consumption growth and investments more

17 ian 2017

Security software solutions provider Bitdefender has acquired Profil Technology, a partner on the French market, as part of the strategy to strengthen its position on the big companies segment, the more