Economics
September 10, 2018 10:10
The trade deficit increased by 11.2% (766.5 million euros) in the first seven months of this year compared to the same period last year, reaching 7.577 billion euros, National Institute of Statistics (INS) announced....more »
August 29, 2018 12:31
The Ministry of Public Finance announced that starting Monday, September 10, 2018, investors can apply for funding through State Aid schemes, aimed to stimulate investments with a major impact on the economy.
The applications for financing agreement, together with the supporting documents, shall be sent to the General Register of the Ministry of Public Finance, mentioning on the envelope: "The implementation unit of the state aid scheme established by H.G. no. 807/2014 "....more »
August 29, 2018 12:15
President Klaus Iohannis urges the Government to urgently adopt all measures to stop the increase in the number of outbreaks of African swine fever and to compensate the affected producers as quickly as possible....more »
August 23, 2018 15:10
According to DPD Romania, one of the largest courier and express delivery companies on the local market, Romanians sent over 48% more parcels abroad in the first 7 months of the year, compared to the same period of last year.
Most of the parcels shipped from Romania abroad were delivered to Bulgaria, Hungary, Germany, Italy and the United Kingdom, accounting for about 91% of all parcels dispatched abroad. As regards the volume of parcels received by Romanians from abroad, their weight increased by 24%. Most of these come from Bulgaria, the Netherlands, Germany, the UK and Poland, which generated over 80% of total imports in the first 7 months of the year....more »
August 20, 2018 16:37
Globalworth, the most important investor in Central and Eastern Europe, has received a 46 million euro loan from the Romanian Commercial Bank (BCR), which will be invested in developing the Renault Bucharest Connected office project....more »
August 20, 2018 14:15
The law firm Popovici, Niţu, Stoica & Asociaţii assisted the buyer, namely Dedeman in taking over The Bridge project for an estimated transaction value of 200 million euros. The team of lawyers was led by Valentin Creata and Ioana Sampek, bot...more »
July 05, 2018 12:48
Gregory's, the largest network of coffee & Greek delis from Greece, announces its entry into the Romanian market with the opening of a unit in the northern area of Bucharest. The unit, operational from the beginning of July, offers its customers a wide variety οf coffee and food selections.
...more »
July 05, 2018 12:37
Medicover, one of the leading providers of private medical and diagnostic services in Romania, has completed the acquisition of the Academica Medical Center. The transaction strengthens the presence of Medicover in Bucharest, where the company alre...more »
July 02, 2018 16:15
The Supervisory Board of IMMOFINANZ AG today approved the package sale of the approximately 26% investment in CA Immobilien Anlagen AG (CA Immo). The 25,690,163 bearer shares and four registered shares in CA Immo will be purchased by SOF-11 Starlight 10 EUR S.à r.l., a member company of the Starwood Capital Group (Starwood). ...more »
June 21, 2018 10:56
TransferGo, the international fast online transfer company, has attracted a round of investment of EUR 8.6 million, which is the biggest amount received in a single financing round by the company.
The total capital attracted by TransferGo thus raised to EUR 17.8 million, the investment contributions coming from a range of sources including the United States, Vostok Emerging Finance, Practica Capital, and new investors from Turkey, Revo Capital....more »
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