General
April 23, 2014 16:19
Aversa Manufacturing has won the lawsuit filed by the State Assets Management Authority in September last year which disputed the tendering procedures of the takeover bid for Aversa. The Bucharest Court rejected the SAAA’s appeal and allowing the centrifugal pumps manufacturer to carry on its operations, as it complied with all requirements of the tender offer in accordance with the related specifications, the company announces through a press release....more »
April 23, 2014 10:08
As last year when Epstein undertook projects worth some 40 million euro, the US-based engineering and construction company anticipates that 2014 will at least equal the previous one in terms of the value of contracted works. The list includes a new production facility where Aversa Manufacturing, the centrifugal pumps manufacturer, will be relocated - that only amounting to 15 million euro, according to Mediafax....more »
April 16, 2014 15:34
Customer Service Business Safari (CSBS) is a program similar to a mini-MBA, that focuses on SME owners, managers, and Romanian specialists that want to apply loyalty excellent customer service programs. The CSBS program is a developed version ...more »
April 15, 2014 21:42
FAN Courier, the leading courier company in the domestic market since 2006, keeps the upward trend the industry has seen in the last years, posting increasing turnover of nearly 63 million euro in 2013. The company has recorded a growth of 16 pe...more »
April 10, 2014 12:13
Romania’s online retail market has seen a 10 percent advance in the IT&C segment in the first three months of the year, coming to approximately 90 – 100 million euro, as per evoMAG.ro’s estimations.  The growth rate is less acceler...more »
April 02, 2014 11:47
French group Carrefour is paving the way for launching Supeco in the Romanian market, a cash&carry hypermarket positioned in the B2C segment. The first units will be probably opened in Giurgiu, Ramnicu Valcea and Targoviste, as for these loc...more »
April 01, 2014 15:44
Romania's Parliament today voted Misu Negritoiu as Head of Romania’s Financial Supervisory Authority (ASF). Formerly General Manager of ING Bank Romania, Negritoiu has been proposed by Prime Minister Victor Ponta at the leadership of ASF, his nomination being approved on Monday, March 31, by the joint finance-budget-banking committees....more »
March 28, 2014 15:20
Bert Fol left Russia for taking over the leadership of Radisson Blu Hotel, Bucharest, the largest five star hotel in the country.  He replaces Yilmaz Yildirimlar who has been promoted as Regional Director Park Inn Hotels in Russia....more »
March 27, 2014 16:07
Speedy AD, a leading courier company in Bulgaria, plans to fully take over Dynamic Parcel Distribution Romania and GeoPost Bulgaria according to its regional development strategy, an informing on the Bulgarian Stock Exchange states....more »
March 27, 2014 13:11
The Executive Board of the International Monetary Fund (IMF) yesterday completed the first and second reviews of Romania’s economic evolution under the conditions agreed in the 2-year Stand-By Arrangement (SBA). The arrangement was concluded last fall and it is treated as precautionary by the Romanian authorities. An IMF Mission came to Bucharest in late-January for a two-week visit for assessing the country's performance in reltion to the economic criteria agreed....more »
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