Wipro To Hire 500 Engineers To Develop In-Car Multimedia Systems
09.15.2017
Wipro Limited, one of the top IT, consultancy and outsourcing service providers in the world, plans to recruit 500 engineers in Bucharest to expand its Romanian team to 1,700, as it transfers projects started in the US and India to its local division.
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ACAROM: Registrations of New Commercial Vehicles Rose 15.9% In January-September 2017 yesterday, 14:07
The number of new commercial vehicles registered in Romania rose 15.9% in January-September 2017, to 78,769 units, according to data provided by... more
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FAN Courier Turnover Up 10% in Jan-Sept 10.12.2017
FAN Courier, the largest courier service company in Romania, on Thursday reported a 10% annual growth in turnover for the first nine months. more
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Ford Starts Production of New EcoSport Model in Romania 10.12.2017
Carmaker Ford on Thursday launches its EcoSport model into large-scale production at its car factory in Craiova, southern Romania. more
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Eurostat: Romania And Bulgaria Report Largest Increase In Air Passenger Transport In 2016 10.11.2017
Romania, Bulgaria and Cyprus registered the biggest increases in the number of air passengers in 2016, and London/Heathrow and Paris/Charles de... more
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Bombardier Reaches More Than 600 Employees In Cluj-Napoca Services Center 10.11.2017
Canada’s Bombardier, a manufacturer of planes and trains, has reached more than 600 employees at its services center in Cluj-Napoca, which it... more
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IT Companies Start Offering BMW Cars To Motivate Their Best Employees 10.09.2017
The competition over good employees in industries like IT is no longer a matter of pay but also perks, so IT&C companies are now issuing BMW... more
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PM: Fuel Prices Didn't Grow Due To Excise Duty Hike 10.04.2017
Romanian Prime Minister Mihai Tudose said Wednesday fuel prices did not grow because the government raised excises, adding he will have talks with... more
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Schaeffler Group Promotes CEO Of Brasov Plant To Position In Germany 10.04.2017
Alexandru Blemovici, the engineer that ran the automotive component plant Schaeffler in Brasov, will become the head of the Supply Chain Management... more
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EU Approves Financing for Bucharest Subway Line Extension 10.03.2017
The European Commission on Tuesday approved the investment of EUR251.8 million from the EU's Cohesion Fund into extending Bucharest's fifth subway... more
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Romania Seeks To Introduce New Pollution Tax on Second-Hand Cars 10.03.2017
Romania's environment ministry has set up a working commission to look into introducing a new tax on pollution to be charged for second-hand cars,... more
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CNAIR Signs RON118M Contract For Fifth Lot Of Comarnic-Brasov Highway 10.02.2017
The national road infrastructure administration company (CNAIR) and the SC Alpenside SRL - SC Specialist Consulting SRL association on Monday... more
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Continental Reaches 1,800 Employees In Brasov, Plans To Recruit 200 More People 09.27.2017
Continental Powertrain Romania, the local subsidiary of German concern Continental, has reached more than 1,800 employees throughout six years of... more
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JLL Romania Appointed as Project Manager of Groupe Renault Romania's New HQ 09.26.2017
JLL Romania will provide technical consulting services for the construction of Groupe Renault's future headquarters in Romania, the largest office... more
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Tarom Extends Mandate Of Interim General Manager Florin Susanu 09.22.2017
The Executive Board of state-run airline Tarom has extended the mandate of deputy general manager Florin Susanu by one month, until October 15,... more
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ACAROM: Registrations Of New Commercial Vehicles In Romania Rose 3.2% In January-August 2017 09.21.2017
The number of new commercial vehicles registered in Romania rose 3.2% in January-August 2017, to 15,333 units, according to data provided by the... more
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Consumers Become Growth Driver Of Car Market Again 09.21.2017
Sales to individuals have become a growth driver for the sales of new cars again, seven months after the environment stamp duty was dropped, so now... more
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FIC: Romania's Infrastructure Will Act As Brake On Growth 09.20.2017
Romania is rapidly approaching the point, if it has not reached it already, where the current infrastructure will act as a brake on growth, the... more
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Vehicle Sales in Romania Up 11.6% in January-August 09.20.2017
otal vehicles sales grew 11.6% on the year in Romania in January-August and passenger cars alone grew 14.5%, the Automotive Manufacturers and... more
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KeysFin: Romanian Transporters’ Turnover Exceeded Historic Level Of EUR10B In 2016 09.20.2017
The economic growth and major investments in the national freight vehicle fleet took the transport market to a historic level, topping the EUR10... more
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Dacia CEO: Pitesti-Sibiu Highway To Attract Or Keep Investors Away 09.14.2017
The construction of the Pitesti-Sibiu highway is crucial for Romania’s economy and many of the future investments the country may get depend on... more
Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be
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BRD-Groupe Société Générale and UniCredit Bank is granting a syndicated loan worth over EUR177 million to pharmaceutical group A&D
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Nearly half (49%) of Romanian entrepreneurs said they started their own business to feel more secure about their own future, according
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The modern logistic and industrial space stock in Bucharest grew nearly ten times in the past 13 years, to nearly 1.2 million square
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OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday said it invested nearly EUR5 million in modernizing
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BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock
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US company Timken opened a new bearing factory in Romania Tuesday, near Ploiesti, following an investment of $60 million.
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South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, has
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28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the
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Brisegroup, one of the largest grain traders and farm input wholesalers in Romania, plans to invest EUR7 million in the completion of a
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Continental, one of the world’s largest car parts manufacturers, said it plans to increase the number of employees in Romania, by
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Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.
