Economics
November 14, 2019 17:28
Sphera Franchise Group reported a rise of 25.9% in consolidated sales, to RON 694 million, in the first nine months of 2019, following a 23.5% Y/Y growth in Q3. This nine-month performance was fueled by the continuous growth in sales of USFN Romani...more »
November 14, 2019 16:55
The company image is essential.  Identifying the applicable legislation to your company is a process that induces uncontrollable stress, requires a large amount of resources and often physically and mentally exhausts the responsible person....more »
November 08, 2019 13:04
Reff & Associates, the law firm representing Deloitte Legal in Romania, assisted the Danish group Vestas Wind Systems, in the sale of 80% of its subsidiaries owning Pantelimon, Pegasus and Apollo wind power plants, to the subsidiary of Ingka Gr...more »
October 24, 2019 10:10
The latest results of the FIC Business Sentiment Index show that trust in the legislative environment remains low following the debacle of Emergency Ordinance No. 114/2018 but it has not further deteriorated. Romania continues to score poorly on in...more »
October 08, 2019 15:03
EU data reveals strong growth for freight trade airports in Eastern Europe. Three airport hubs in the Balkan region rank in the top 5 fastest growing over the last decade, and six airport hubs in the wider Eastern European region rank in the top 10. ...more »
September 20, 2019 11:08
The bankruptcy of RAFO arises as a natural consequence of the fact that the investors' intentions did not materialize in a transaction, corroborated with the expiration, on August 22, a.c., of the company's reorganization plan, of 18 months. It is ...more »
September 18, 2019 10:03
The European Commission has approved, under the EU Merger Regulation, the acquisition by E.ON of Innogy's distribution and consumer solutions business as well as certain of its electricity generation assets. The approval is conditional on full comp...more »
September 17, 2019 11:38
Dunwell, the biggest Industrial Real-Estate agency in Romania, exceeded 35% of the total logistics and industrial transactions in the first half of 2019, with more than 45,000 sqm transacted, strengthening its position in the top brokerage agencies...more »
September 13, 2019 16:06
Ingka Group, part of IKEA group declared the intention to buy an 80% stake in seven Romanian wind farms from Vestas for an estimated 136 million euros. Ingka Group said the acquisition, made through its investment arm, consists of 64 turbines  with a total production capacity of 171 megawatts, and followed the purchase of a stake in Germany’s second-biggest offshore wind farm earlier this year....more »
September 13, 2019 15:54
by Iulian Sorescu, Financial Advisor, Auditor at NOERR On 12 September 2019, the Ministry of Public Finances published two new draft amendments to state aid legislation, specifically the state aid scheme governed by G.D. 807/2014 on investme...more »
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