Bureau Veritas and the Federation of the Romanian Hotels Industry (FIHR), launched a standard based on sanitary measures to support the hotel and restaurant industry to show compliance with best practices for preventing the spread of the new Corona...more »

The Superbet Group, one of Central and Eastern Europe's largest sports betting & gaming company, announces the acquisition of a 60% stake from Lucky7, an online casino founded by Olof Orn, Karl Ahlberg and Magnus Petersson. The transaction is the second step after an initial investment in the start-up phase, that, early in 2019, helped Lucky7 on their initial growth path....more »

In March-May 2020, the local beer sector fell by more than 10 percent over the same period of the previous year shows data released by Brewers of Romania Association. “Local brewers are very concerned about the situation in Horeca sec...more »

The Bucharest Court of Appeal accepted the request of Astra Vagoane Călători Arad, forcing the Bucharest City Hall to execute the previous decision of the National Council for Solving Complaints (CNSC) in the context of the tender for the purchas...more »

During the 60-day state of emergency, the data and internet traffic increased on average by 26%, i.e. 30% on fixed networks and 5% on mobile networks, while voice traffic increased on average by 11%, compared to the 60 days preceding the initiation...more »

OER, the Romanian Network of Energy Cities, announces the launching of a new financing instrument, European City Facility (EUCF), a ground-breaking initiative that will support local authorities from the EU-27 and UK to develop investment concepts ...more »

Remote work, also called telework, represent any task that you can perform for your employer (or client) from outside the company premises (e.g., programming, creative design, translation, project management, virtual assistance, writing, digital ma...more »

Analysis reveals that the COVID-19 pandemic disrupted many business plans leading to the delay or cancellation of 35% of 2019 foreign direct investment (FDI) projects into Europe, according to the 20thedition of EY Europe Attractiveness survey...more »

A typical fraud case lasts 14 months before detection and causes a loss of over $8,000/month, according to the Association of Certified Fraud Examiners (ACFE) 2020 Report to the Nations. When considering today’s financial landscape, where transac...more »

Cross-border sales have increased by 75% since the beginning of the year, compared to the last months of 2019, amid the increase in online orders, but also the improvement of delivery services, according to Coletăria.ro. The situation generated by...more »