Bilka Buys Hidromecanica 2 Platform, Starts EUR20M Investment
09.19.2017
Brasov-based metal roofing manufacturer Bilka has acquired the local Hidromecanica 2 platform and plans to invest EUR20 million in the period 2017–2020, mostly into developing products for the industrial sector.
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Gabriela Matei Leaves Microsoft Romania After Two Years In Office 07.12.2018
Microsoft Romania General Manager Gabriela Matei will leave the tech giant at the end of July after two years in office, the company said in a... more
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ALTEN Romania 2017 Turnover Up 14% To EUR8.7M 07.12.2018
ALTEN Romania, the local division of French group Alten, which specializes in engineering and technical consultancy, registered a turnover of over... more
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Monza Hospital And Wargha Enayati Invest EUR50M In Medical Facility In Bucharest 07.12.2018
Bucharest-based Monza Hospital, part of Italian group Policlinico di Monza, and Enayati Group, developed by physician Wargha Enayati, who laid the... more
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Radu Dumitrescu, Deloitte: Romania Remains Attractive To Investment Funds In The Region 07.12.2018
Radu Dumitrescu, Partner within audit and consulting firm Deloitte Romania, believes Romania will remain on the radar of investment funds in the... more
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Competition Council Looks Into Acquisition Of IKB Leasing Finance And IKB Leasing By BNP Paribas 07.12.2018
Romania’s Competition Council on Thursday said it is looking into the transaction whereby BNP Paribas Lease Group SA, BNP Paribas Leasing... more
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ACAROM: New Car Registrations In Romania Up 33.46%, To Over 60,000 Units, In 1H/2018 07.12.2018
The number of new car registrations in Romania rose 33.46% on the year in the first half of 2018, to 60,068 units, according to data from the... more
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Brand Finance: Dacia, eMag, Dedeman Lead Ranking Of Most Valuable Romanian Brands 07.12.2018
The ranking of the most valuable Romans brands is still led by Renault-owned Automobile Dacia Dacia, which tops EUR1 billion, being followed by... more
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Survey: Romanians Spend More And More Of Their Employer-Provided Benefit Budgets On Tourist Services 07.12.2018
Romanian employees spend more and more of the benefits budgets provided by their employers on tourist services, according to an analysis by... more
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Orange Group To Be Very Pragmatical In Approaching Expansion Of Fixed Services In Romania 07.12.2018
French-held Orange group, one of the largest actors on the global telecom market, will ‘very pragmatically’ calculate the expansion steps it... more
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Private Investors Delivered Almost 52,000 New Homes In 2017 07.12.2018
The number homes completed in Romania in 2017 was again higher in cities than in rural areas, a trend that started in 2014. Whereas the number of... more
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OMV Petrom Output Lower In 2Q/2018 Due To Turnaround At Petrobrazi Refinery 07.11.2018
Romania's oil and gas company OMV Petrom (SNP.RO), controlled by Austria's OMV, said in a report on Wednesday that its output fell in the second... more
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Transelectrica Re-elects Adrian Constantin Rusu As CEO, Extends Mandates Of Some Directorate Members 07.11.2018
Romanian state-run power grid operator Transelectrica (TEL.RO) on Wednesday said its Supervisory Board re-elected Adrian Constantin Rusu as... more
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Opus Land Reaches EUR300M Investments In Cosmopolis Residential Project 07.11.2018
Turkish-owned real estate developer Opus Land has invested over EUR300 million in Cosmopolis residential compound in northern Bucharest, which was... more
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Entrepreneur Ovidiu Sandor Opens First Phase Of ISHO Offices Building In Timisoara 07.11.2018
Mulberry Development, which is developing the ISHO project, has opened the first phase of ISHO Offices building, which is completely operational. more
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Ondrej Safar, New CEO Of CEZ Romania As Of August 1, 2018 07.11.2018
Ondrej Safar will be running the Romanian operations of Czech-held utilities group CEZ starting August 1, 2018, the company announced Wednesday. more
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Sphera Franchise Group Opens Third Taco Bell Restaurant In Bucharest 07.11.2018
Sphera Franchise Group, the largest group in Romania’s food service field, will be opening its third Taco Bell restaurant in Romania, on Thursday... more
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C&W: Co-Working Space Operators Place 3rd In Ranking Of Largest New Tenants In Bucharest 07.11.2018
Co-working space operators leased office space of nearly 20,000 square meters in the first half of 2018, within existing buildings or buildings... more
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Ubisoft Headcount In Romania Up To Over 1,700 In H1 07.11.2018
Ubisoft Romania, the local subsidiary of the French video games developer and publisher, hired 270 people in the first half to staff all its... more
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Forte Partners Buys Plot For Third Phase Of The Bridge Office Complex 07.11.2018
Forte Partners, the developer of the office space project The Bridge in the Orhideelor area in Bucharest, has bought a 5,400 square meter plot of... more
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Romanian Entrepreneurs Got More Than EUR400M From Deals In H1 07.11.2018
Seven of the 20 largest deals this year had local entrepreneurs as sellers who have either received or are about to receive more than EUR400... more
ING Bank Romania on Thursday said its revenue grew 32% on the year, to RON425 million, in the first quarter of 2018, and its net profit
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Romania's economy is projected to continue to grow above potential in 2018 with GDP likely to expand by around 5.1%, driven by the
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AmCham Romania (the American Chamber of Commerce in Romania), which represents over 430 American, multinational, and Romanian
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Romania’s GDP only rose 4.2% in the first quarter compared with the first quarter of 2017, while analysts expected 5.4%. The economy
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There are about 400 concepts on the Romanian market and 35% of them are Romanian. The largest Romanian franchise concepts include Salad
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Romanian central bank governor Mugur Isarescu might retire in 2019 upon expiry of his term at the central bank and reaching the
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The European Bank for Reconstruction and Development (EBRD), the main institutional investor in Romania, invested over half a billion
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Lender Raiffeisen Bank doubled its net profit in the first quarter, to RON212 million, while its revenues increased 16%, to RON554
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Non-observance of the calendar to raise contributions to private pension Pillar II to 6% of gross income has had an impact of EUR1.1
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The Transavia group, which includes the company the by same name in Alba County and producer Agricola Brasov, posted EUR145 million
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Asking Prices for Housing Decline in Bucharest, Grow in Other Cities in 3Q
Asking prices of home for sale in Bucharest declined but grew in other cities across the country by an average 3.5% in the third quarter compared with the second quarter, according to a report released Tuesday by real estate website Imobiliare.ro.
