General
March 13, 2015 15:42
The European Bank for Reconstruction and Development (EBRD) and Romania have signed a Memorandum of Understanding, pledging to expand support for small and medium-sized enterprises in the country, which is considered a key sector of the domestic economy....more »
March 12, 2015 17:25
Construction work in Romania returned to growth year-on-year in January 2015, albeit it saw a decline compared to the previous month, indicates the latest report released by the National Institute of Statistics....more »
March 11, 2015 16:05
Romanian medium-sized companies are optimistic with respect to the evolution of their turnover throughout 2015, 64 percent of them anticipating higher revenues compared to last year, according to EY Romania's “New vision for growth 2015” study. In contrast, only 50 percent of the medium-sized companies in Europe expect higher turnover this year, shows EY's “European Mid-Market” Barometer....more »
March 06, 2015 15:48
Polish company AmRest Holdings has reached an agreement with Marinopoulos Coffee SEE to take over the operators of Starbucks franchise in Romania and Bulgaria, transaction estimated at 16 million euro. Final purchase price will be, however, determined at transaction closing....more »
March 06, 2015 15:07
Ford Romania will reduce workforce at its plant in Craiova, in line with the programme of voluntary termination of employment contracts announced in November 2014, however, the number of employees leaving the company is 25 percent smaller tha...more »
March 04, 2015 12:40
The entire Board of Directors of TAROM has resigned, Gabriel Dumitrascu, Chairman of the company's Board, told HotNews.ro. Their decision came after approving the 2015 budget, Dumitrascu, also resigning, explained....more »
March 03, 2015 17:13
Romanian cosmetic manufacturer Farmec has invested more than 10 million lei over the past year in modernization work, enhancing its products portfolio.  Accordingly, the company headquartered in Cluj-Napoca grew its sales, leading to a tu...more »
March 02, 2015 17:00
Romania has submitted 14 projects valued at almost 1.2 billion euro for accessing European funds under the “Connecting Europe Facility” programme, announced the Romanian Ministry of European Funds....more »
February 27, 2015 15:47
Romania's retail market was characterized by an accelerated expansion last year when recorded investments of hundreds of millions euro as a result of transactions between major players in this business and of store network development, as well ...more »
February 27, 2015 14:28
The EU Commission opened the Macroeconomic Imbalance Procedure for Romania which joins other 15 countries under the EU's surveillence. ...more »
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