Economics
June 18, 2014 09:33
About half of the employees of Orange Romania will move to the new office park developed by Skanska in northern Bucharest, the Floreasca area, where rented 13,700 sqm, announces the Swedish construction group....more »
June 17, 2014 15:29
Apa CTTA Alba, the company controlling wastewater treatment operations in the Alba County, secures the internal electricity consumption in the new wastewater treatment station in Alba Iulia by integrating a cogeneration plant in the project scheduled for completion in March 2015....more »
June 17, 2014 14:17
Fondul Proprietatea announced the agreement to sell an agreggate of 19,243,000 existing shares in Romgaz, company with a market cap of some 13.7 billion lei. The transaction follows an accelerated bookbuild offering of a 4.99 percent stake announced yesterday by the fund. ...more »
June 16, 2014 15:31
The International Finance Corporation, part of the World Bank Group, is lending 35 million euro to Garanti Bank, amount which will be allocated to finance small and medium-sized enterprises in Romania. Of the total amount, the bank announced that 20 million euro is destined to support enterprises in this categories run by female entrepreneurs....more »
June 16, 2014 13:27
Philips Healthcare has a new general manager as of today, Alexandru Popescu being appointed at the helm of the south-eastern operations of the world’s leading group in healthcare....more »
June 16, 2014 10:32
Electrica launched the IPO for 51 percent of its share capital, the largest initial public offering ever on the Bucharest Stock Exchange which is being run between June 16 and June 25, 2014....more »
June 13, 2014 14:33
The expected decrease by 5 percent of the social insurance contribution (CAS) will be eventually effective starting October 1, five months later than the initial target, Victor Ponta yesterday announced, also mentioning that the IMF and the EU Commission have not agreed with this fiscal measure....more »
June 13, 2014 10:45
The global healthcare company GlaxoSmithKline will be closing the production facility in Brasov on not succeeding its sale as expected, so its operations will be transferred to Poland and Spain by the end of 2015 when the production is foreseen to be fully stopped. The decision affecting 236 employees who will lose their jobs has been taken after ten months since GSK announced that the Europharm plant will be left outside its global production network of solid oral products....more »
June 12, 2014 17:07
The International Monetary Fund Mission is leaving Bucharest without any evaluation report, said Victor Ponta in a Bloomberg interview. Also, a new visit of a Fund’s mission in the next period, namely in July-August, it is uncertain, according to Mediafax which cites sources close to talks....more »
June 11, 2014 15:09
Following several meetings in the last few days, the General Assembly of Shareholders of the Romanian Post has removed from office five of the six members of the company’s Board of Directors alongside the General Manager, Ion Smeeianu....more »
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