Economics
March 06, 2015 15:48
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....more »
March 06, 2015 15:07
Ford
Romania will reduce workforce
at
its plant in Craiova, in line with the programme of voluntary
termination of employment contracts announced in November
2014, however, the number of employees leaving the
company is 25 percent smaller tha...more »
March 04, 2015 16:20
Romania has been reimbursed by the EU Commission funds exceeding 460 million euro since the beginning of the year, amount corresponding to the payment applications submitted in 2014, announced the Ministry of European Funds....more »
March 04, 2015 12:40
The entire Board of Directors of TAROM has resigned, Gabriel Dumitrascu, Chairman of the company's Board, told HotNews.ro. Their decision came after approving the 2015 budget, Dumitrascu, also resigning, explained....more »
March 03, 2015 17:13
Romanian
cosmetic manufacturer Farmec has invested more than 10 million lei
over the past year in modernization work, enhancing its products
portfolio.
Accordingly, the company headquartered in Cluj-Napoca grew
its sales, leading to a tu...more »
March 03, 2015 16:23
Although
declining as compared to December 2014, retail turnover grew by 6.3
percent year-on-year, as gross series, and by 6.8 percent as
seasonally adjusted series, according
to a report of the National Institute of Statistics (INSSE) which
d...more »
March 03, 2015 12:23
The five preliminary offers submitted during the pre-qualification stage for the 1-billion euro hydropower project located in Tarnita-Lapustesti belong to Chinese investors. ...more »
March 02, 2015 17:00
Romania has submitted 14 projects valued at almost 1.2 billion euro for accessing European funds under the “Connecting Europe Facility” programme, announced the Romanian Ministry of European Funds....more »
March 02, 2015 15:55
The Bucharest Stock Exchange (BVB) has implemented two new settlement cycles, thus trades can be settled through three such cycles starting with March 2, 2015....more »
March 02, 2015 12:26
Fitch Ratings has affirmed Romania's long-term IDR (Issuer Default Rating) at ‘BBB-‘ and local currency IDR at ‘BBB’, respectively, the outlooks remaining stable, indicates a release of the credit rating agency....more »
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