Economics
Sameday will use 100% recycled plastic bags in the delivery process
March 09, 2020 16:27
Sameday, one of the largest players in the local courier market, announces that from April it will use 100% recycled plastic bags in the delivery process and will be actively involved in promoting responsible packaging consumption.  Sameday ...more »
Romania has recorded the highest electricity price growth in EU for heavy consumers
March 09, 2020 12:44
The energy prices have increased for the first time from 0.0846 EUR / kWh in S1 2008 to 0.0959 EUR / kWh in S1 2012 to 0.0875 EUR / kWh in S1 2019. However, the share of taxes has increased constantly, from 13% in 2008 to 30% in 2019. According to...more »
The founders of CITR, ROCA and ROCA X launch Impetum Group
February 03, 2020 14:31
Impetum Group was formed from the meeting of three players from the Romanian business environment: CITR, the leader of the Romanian insolvency market, ROCA, the first solution to consolidate the Romanian SMEs that have a valid future, but is going ...more »
FlightClaim.ro is in the process of executing Blue Air and Wizz Air accounts for non-compliance with passenger rights
January 29, 2020 12:48
FlightClaim.ro, a Dutch company based in Romania, specialized in assisting passengers with delayed flights, cancellations or overbooking, has obtained in court in Romania, Spain and Germany final judgments in lawsuits against airlines that did not ...more »
MHS Holding announces a turnover of EUR 415 million and over 12 percent increase in sales
January 29, 2020 10:14
MHS Holding registered an overall turnover of EUR 415 million, and an increase of total sales of new cars by 12.4% as compared to the year 2018. Automobile Bavaria, the market leader of the authorized BMW dealers’ network from Romania had an...more »
Outlook on Romania revised to negative on rising fiscal and external deficits
December 11, 2019 17:39
On Dec. 10, 2019, S&P Global Ratings revised its outlook on Romania to negative from stable. At the same time, the agency affirmed our long- and short-term foreign and local currency sovereign credit ratings at 'BBB-/A-3'. Large spending devia...more »
Colosseum speeds up the construction works to open a new mall in 2020
December 11, 2019 13:20
Colosseum Centre, one of the most important shopping destinations in Northwest Bucharest, is advancing the construction works to open a modern shopping mall in 2020. Starting with the opening, Colosseum Centre will reach approximately 54,500 s...more »
FAN Courier estimates business at 168 million euros, 15% higher than in 2018
December 10, 2019 14:49
FAN Courier, the leader of the local courier market in Romania, continues to develop and consolidate the business and estimates for next year a business growth of up to 15 percent over the current year. The Romanian company, founded over 20 years a...more »
Mitiska REIM accelerates investment in Romania with 3 new retail parks opened in 2019
December 10, 2019 14:37
Mitiska REIM, in association with its Romanian country partner Square 7 Properties, has accelerated its investment in Romania during 2019, and today announces the opening of its latest retail park development in the city of Braila in the east of th...more »
River Development, the developer of The Light One, rents out a 2,000 sqm space to a wellness club
December 10, 2019 09:54
River Development, the company that develops the mixed-use project The Light, announces the signing of a lease with the Sweat Concept One wellness center for a 2,210 sqm space in the first office building of the complex - The Light One . The new te...more »
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