Economics
May 07, 2018 15:24
Financial Group Banca Transilvania and Autonom Services announced the conclusion of the sale-purchase agreement for 100% of BT Operational Leasing (BTOL) shares. Following this agreement, Autonom reaches 500 employees, around 5,000 corporate client...more »
May 02, 2018 18:28
The scale of bribery and corruption has shown no improvement globally since 2012, despite the unprecedented level of enforcement activity and introduction of new corporate criminal liability laws in that time. This is according to the15th EY Global Fraud Survey, which surveyed 2,550 professionals across 55 countries....more »
April 24, 2018 16:42
Garanti Bank granted a RON 9.3 million investment loan and working capital facility to Anima, part of Medlife Group, for the development of its network of clinics....more »
April 17, 2018 15:43
On the background of a falling unemployment and highest GDP growth in Central and Eastern Europe, Romanian CFOs enjoy an overall positive business climate yet they focus more on consolidation rather than on expansion of their businesses, according to the ninth edition of the Deloitte CFO Survey collecting the input of some of the largest players in the Romanian economy.
...more »
April 16, 2018 15:24
The National Statistics Institute (INS) reported in a press statement that the Gross Domestic Product estimated for Q4 2017 amounted to 258887.4 million lei current prices, up in real terms by 6.7 percent as against Q4 2016....more »
April 16, 2018 09:18
On April 14, the "Forest of Tomorrow" ( Padurea de Maine) project mobilized about 200 volunteers who helped reforest 10 hectares of the Dumbrăviţa village, Braşov county. Members of the local community joined the students of the Faculty of Fores...more »
April 04, 2018 15:15
Tinmar Energy, the largest electricity and gas supply company with domestic private capital, enters the domestic consumer market with products tailored to residential consumers.
Thus, Tinmar Energy aims to provide electricity and gas supply services to domestic consumers in Romania, with national coverage. It plans to reach 1 million households in the following three years, out of the 7 million existing in Romania. ...more »
April 04, 2018 14:12
Banca Transilvania became the owner of the majority shareholding (99.15%) owned by Eurobank Group at Bancpost, respectively of the shares held in ERB Retail Services IFN and ERB Leasing IFN. With the completion of the transaction between Eurobank Group and BT, the integration of these entities into the Banca Transilvania Financial Group begins....more »
March 27, 2018 15:17
The Schweighofer Group, one of the leading European woodworking companies, makes a strategy change and sells its subsidiary Cascade Empire S.R.L. (Cascade Empire), as well as the Forest Management Division, Ocol Silvic Cascade Empire S.R.L., to the Swedish GreenGold Group....more »
March 20, 2018 12:35
The
Romanian economy is growing strongly, unemployment has fallen to a
record low, and the financial sector is improving shows the report
issued by the International Monetary Fund ( IMF). An IMF staff team
visited Bucharest during March 6-16 t...more »
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