07.07.2014

eMAG IT Research will open a software development center in Bucharest that will create around 200 jobs and will launch its first application in October this year. more

06.02.2014

Immochan Romania, the real estate division of retail group Auchan, has a new development manager for its projects, Ruxandra Bese, who previously worked for Decathlon Romania. more

04.16.2014

Baneasa Developments, through which businessmen Gabriel Popoviciu and Radu Dimofte control the retail area of Baneasa project in northern Bucharest, in 2013 generated net profit of EUR10.3 million more

04.03.2014

SoftVision, one of Transylvania’s largest software application developers, is set to hire at least 200 people in 2014, getting thus to a headcount of above 1,100 people. more

03.23.2014

Romania’s new Rural Development Program for 2014-2020 stipulates that funds for the country’s irrigation infrastructure will increase 2.5 times, while financing for family farms will rise more more

12.23.2013

Romania invested EUR5.78 billion through the National Rural Development Program in the 2007-2013 period, according to Agriculture Ministry data. more

10.22.2013

Romanians are more optimistic regarding their country’s economic development this year and both their willingness to buy and income expectations increased in the third quarter of 2013 compared with more

04.18.2013

Romania’s Ministry of Regional Development will not start any new projects this year and will instead focus on finishing the 3,000 projects under various stages of completion countrywide, a ministry more

04.15.2013

Romania will receive some EUR7.2 billion through the EU-financed National Program for Rural Development for the interval 2014-2020, down from EUR8.1 billion in 2007-2013, Agriculture Minister Daniel more

10.29.2012

Romania’s Development Ministry wants to launch a double-scheme financing program meant to help local authorities develop public utility infrastructure, and to provide financing to investors in more

10.26.2012

The decision of the European Commission to pre-suspend the Romanian EU-funded program for regional development will block refunds of about EUR200 million for two months, the Development Ministry said more

10.23.2012

Israeli IT solutions and services provider Ness Technologies said Tuesday it has opened a development center in Iasi, northeastern Romania, as part of its Software Engineering Services (SES) global more

10.16.2012

Portuguese developer Sonae Sierra set a joint-venture agreement with Ireland’s Caelum Development, which envisages a EUR185 million investment in the construction of Bucharest-based ParkLake Plaza more

10.16.2012

The Romanian e-commerce market grew at a slower pace than expected, Google Romania director Dan Bulucea told ZF Digital 12 news conference Tuesday. more

09.19.2012

Romania’s Regional Development Ministry is the new administrator of the Rural Infrastructure Development Program and will pay off rural infrastructure debts of 144 million lei (EUR31.9 million), more

05.07.2012

Romania's joint Parliament committees on Monday endorsed Eduard Hellvig for the office of Minister of Regional Development and Tourism, with 37 votes for, four against and one abstention. more

04.09.2012

The European Commission has approved new changes to Romania's National Rural Development Program, which provides funds for pig welfare and increases the maximum level of support for young farmers from more

03.26.2012

Low consumption and financing problems are the main obstacles making it almost impossible to develop a “genuine” mall at present outside Bucharest, despite the fact that there would be room for more

03.15.2012

Romania’s Agriculture Ministry on Thursday launched the National Rural Development Network (RNDR) through which farmers will receive counsel on how to develop local businesses using European money. more

03.14.2012

The Romanian Regional Development Ministry wants to contract all funds allotted by the European Union and reach a 30% fund absorption rate in 2012, Development Minister Cristian Petrescu said more

03.06.2012

The Romanian Development Ministry’s 2012 budget was reduced by 15% and the institution will prioritize investment projects that are over 80% finished, as well as infrastructure and tourism projects more

03.02.2012

Romanian development minister Cristian Petrescu on Friday said there is little chance for the thermal rehabilitation of buildings to receive EU funding, which means the ministry will have to earmark a more

02.07.2012

Alexandru Vlad, the chief executive of the local operations of cash&carry retailer Selgros, a EUR766 million business, says that Romania is divided into three distinct "countries," each of them more

02.06.2012

The start of new infrastructure projects and the fact that increasingly more constructors are using EU funds to buy equipment fueled a doubling of the construction equipment market in 2011, say more

01.31.2012

The Romanian Development Ministry has published a new auction announcement to award a contract worth 360.4 million lei (EUR83 million), VAT excluded, to upgrade roads in Suceava county, northeastern more