General Logistics Systems confirms the involvement and concern about environment and people through its first corporate responsibility report which details the courier company’s strategy in this respect. It involves environment-friendly transp...more »

The Ministry for Information Society signed last week on Friday, February 28, the contract with the representatives of the consortium of consultants that will assist the Romanian state in the privatization of Romtelecom where has a 45.99 percent stake, is announced through a media release....more »

The German car manufacturer Daimler AG plans to merge its domestic distributors - Mercedes-Benz Romania with EvoBus Romania so as to increase its operational efficiency in terms of sales and after-sales in the Romanian market. ...more »

Inaki Berroeta, who has recently taken over the management of Vodafone Australia will be replaced by Ravinder Takkar, General Manager of Vodafone Partner Markets that will be in charge with the group’s domestic subsidiary starting May 1, 2014,...more »

German group Praktiker has sold its domestic operations consisting of a 27 retail stores to Omer Susli, a Turkish man with business in the construction field, according to Mediafax which quotes some sources in the DIY market. As per the same news agency, the official announcement should be made shortly....more »

OMV Petrom recorded last year the biggest profit in history, the net figures rising to 4.82 billion lei (a little bit above 1 billion euro), an advance of 22 percent compared to the previous year, as showed by the group’s preliminary financial...more »

Last year showed a much-expected revival of the domestic economy, whose advance exceeded 2.5 percent, as well as all expectations, mostly supported by exports and the record-high agricultural production. A significant progress has also been recorded in terms of foreign direct investments which went up to the highest level in the last four years – some 2.7 billion euro....more »

For third consecutive year, Schneider Electric has been included in the Global 100 index which gathers the most sustainable companies across the world. This year, the French-based company which has also a Romanian branch ranks tenth in the top released by Corporate Knights during the Global Economic Forum held in Davos, Switzerland. At the same time, Schneider Electric is the first amidst companies operating in the industry and capital goods sector, a press release states....more »

The domestic branch of Bearing Point, a leading management and technology consultant in Europe, has seen a major progress in terms of revenues, last year, when the figures increased by over 50 percent, results that supported the company’s general evolution....more »

Nokia Corporation sold all its shares in Nokia Romania to Nokia Finland Oy, a transaction worth nearly 19 million euro, part of the process of preparing the mobile phone division for the transfer towards Microsoft approved last November, Mediafax informs....more »