Economics
Getin Holding contributes 14 mln lei towards RIB's share capital
March 10, 2015 10:20
Romanian International Bank received in February 2015 inflows of 14 million lei (about 3 million euro) from its major shareholder, Getin Holding. At the same time, the bank's funds have been consolidated through a subordinated loan of 1.8 milli...more »
Modern lighting, beyond energy efficiency, an opportunity to increase operational efficiency
March 09, 2015 17:02
Seen as a fundamental solution to improve energy efficiency, modern lighting is also an extremely important tool to increase operational efficiency. Thus, given that Romania has committed to align to European standards in terms of energy efficiency, the implementation of modern lighting projects becomes a priority, especially in the segment of public lighting....more »
Adama starts construction of new residential project in Berceni, Bucharest
March 09, 2015 16:49
Real estate developer Adama has launched construction of Evocasa Serenia, a new 7-unit residential project in Berceni neighborhood, in Bucharest, the investment amounting to about 3 million euro....more »
Bergenbier moves to Global City Business Park
March 09, 2015 15:15
Beer brewing company Bergenbier will move its headquarters to Global City Business Park where rented 1,200 sqm, hence the office building locate din northern Bucharest achieved an occupancy rate of 60 percent, up 10 percent versus early-2014....more »
Poland's AmRest pays 16 mln euro for Starbucks franchise in Romania and Bulgaria
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 »
Ford reduces workforce at Craiova plant, but implements a new work schedule to keep 170 employees
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 »
EU Commission refunded 460 mln euro to Romania in 2015
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 »
TAROM's leadership resigns
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 »
Farmec invested over 10 mln euro last year when revenues went up 10 pct
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 »
Retail turnover keeps the uptrend in 2015, too
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 »
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