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Cities of Tomorrow 3: Mobility

The German-Romanian Chamber of Commerceand Zeppelin Association invite you to the third edition of Cities of Tomorrow, Romania’s top meeting between business, architecture and administration on 24 March 2015, 9.00 am, Hotel Crowne Plaza, Bucharest.

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China's Junlun Petroleum reconfirms interest in Oltchim

Chinese group Junlun Petroleum has confirmed again that it is interest to involve in the privatization of Oltchim, announced the Romanian Ministry of Economy, Trade, and Tourism, following a meeting between the Minister, Mihai Tudose and a delegation of the said company.

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NEPI appoints Sebastian Mahu to manage Promenada mall

New Europe Property Investments has appointed Sebastian Mahu to coordinate its recently-acquired Promenada mall starting April 2015.

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Merger of Holcim and Lafarge reaches stalemate

The expected merger of world's building materials giants, Holcim and Lafarge, could fail according to the Board of Directors of the Swiss group who announced that the transaction cannot be carried out under the current terms.

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EBRD and Romania signed Memorandum of Understanding to expand support for SMEs

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.

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Construction work advance by more than 12 percent in January 2015

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.

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EY Romania: 64 pct of Romania's medium-sized companies expect increasing revenues in 2015

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.

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Poland's AmRest pays 16 mln euro for Starbucks franchise in Romania and Bulgaria

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.