Economics
March 12, 2015 12:12
Romania's attractiveness in terms of investment destination for renewable energy projects is still declining according to EY’s latest Renewable energy country attractiveness index (RECAI) which ranks our country the 35th, down three positions compared to the previous report....more »
March 11, 2015 16:05
Romanian medium-sized companies are optimistic with respect to the evolution of their turnover throughout 2015, 64 percent of them anticipating higher revenues compared to last year, according to EY Romania's “New vision for growth 2015” study. In contrast, only 50 percent of the medium-sized companies in Europe expect higher turnover this year, shows EY's “European Mid-Market” Barometer....more »
March 10, 2015 16:39
Retailers accommodated by AFI Palace Cotroceni, except for Auchan hypermarket, obtained in 2014 higher sales revenues, up by 5 percent versus the previous year, although the number of visitors remained stable....more »
March 10, 2015 13:16
ArcellorMital Galati has invested over 7 million euro to refurbish a set of turbine blowers as part of ArcelorMittal Europe’s "Energize" Project, aimed at reducing energy consumption by 15 percent over the next five years....more »
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 »
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 »
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 »
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 »
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 »
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