08.16.2017

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06.07.2016

Four in five CEOs in Romanian companies focus on long-term profitability rather than short-term gains, according to the Romanian edition of the PwC Global CEO Survey 2016. more

03.18.2016

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09.30.2015

Romania climbed 6 spots, from 59 to 53, in the Global Competitiveness top released annually by the World Economic Forum, ranking higher than EU countries like Bulgaria, Hungary, Greece and Croatia, more

07.27.2015

Erste Group Bank, owner of lender BCR, entered into an agreement with Global Payments, provider of payment technology solutions, to establish a joint venture providing merchant acquiring and payment more

03.06.2015

Romania ranks 22nd among the 67 most attractive global retail markets for expansion this year, on the same position with Sweden, Taiwan, Canada and Russia and outranking Slovakia, Hungary or Turkey, more

02.09.2015

DB Global Technology, Deutsche Bank's software development center in Romania, has reached 200 employees, as planned for the end of 2014, and will create 300 more jobs by the end of 2016. more

01.21.2015

Romanian businessmen consider that the main global risks are fiscal crises of key economies, liquidity crises and a major failure of financial systems, according to Global Risks 2015 report conducted more

10.29.2014

Mutual funds in Romania that combined bond and stock investments generated the highest returns in the past five years, of as high as 69%. However, a single fund managed to beat the bourse and just one more

10.08.2014

The volume of global goods trade is set to nearly double by 2030, while Romania can benefit from its favorable geographic location, but needs a propitious tax environment and steady investments in more

06.23.2014

Germany’s Linde group, one of the world’s largest industrial gases supplier, has started the recruitment of 300 people who will work in its regional services center Linde Global Services in more

04.08.2014

Mike Rowland knew nothing about Romania when his involvement in the management of a local football team took him to Eastern Europe. more

03.07.2014

Airbag manufacturer Global Safety Textiles, which has a plant in Sighisoara (central Romania), will receive state aid of EUR18.5 million for a EUR46 million investment in a new production facility more

01.15.2014

The World Bank estimates the Romanian economy will grow by 2.5% in 2014, after a similar increase last year, according to the institution’s latest Global Economic Prospects report, released more

06.26.2013

Global City Business Park in Bucharest registers an occupancy rate of just 50%, despite offering lower rents than some of its competitors, mainly due to the financial crisis and the fact that it is more

04.29.2013

Greek investment fund Global Finance said Monday it has renewed several rental contracts for Global City Business Park and wants to increase occupancy rate from 50% currently to 60% by the end of the more

01.25.2013

US group Liberty Global increased the capital of its subsidiaries UPC Romania and Focus Sat with 581.2 million lei (EUR133 million) through debts reconversion, operation aimed to improve the two more

11.13.2012

Investment funds Marguerite and EnerCap Power bought 80% of an 80 MW wind farm project to be developed in Constanta county (southeastern Romania) from Cypriot company EP Global Energy. more

12.16.2011

Romanian plastic systems maker Romcarbon Buzau (ROCE.RO) plans to draw capital for the development of activity at three firms where it holds stock in association with investment fund South Eastern more

10.25.2011

TotalSoft, one of the leading local software developers, controlled by Greek investment fund Global Finance, plans to double business and expand in full gear, partly by international acquisitions by more

08.12.2011

The volatility of the global financial markets has contaminated people in the local business world. While academics call for more investments, businesspeople are afraid of more expensive lending and more

07.18.2011

International company Liberty Global is not in talks with telecom operator RCS&RDS to sell its subsidiary UPC Romania. more

05.19.2011

Southeastern Romanian shipyard Daewoo Mangalia Heavy Industries, or DMHI, will build four container carriers for Israeli group Ofer Global Holdings, under a $400 million contract, the ship owner more

05.18.2011

Private equity firm Global Finance plans to start a real estate project this year in Bucharest’s Calea Floreasca area, and to resume development on the Global City Pipera compound. more

04.19.2011

Sales of Romanian Dacia cars worldwide increased by 2% in the first quarter of 2011, to 81,600 units from 79,850 units in the same period last year, as the decline of the Logan and Sandero models was more