about us | newsletter | contact | archive | members area
Bogdan Nitulescu, Tremend
Cryptocurrencies volatility is a big problem»
  What´s New      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

ENERGY

MET Romania reaches third highest market share growth in 2018

2018-12-18 14:41:50
MET Romania is one of the top five energy suppliers on the competitive market, with a nine per cent share this year, rising from 0.8 per cent in 2016, reaching the third highest market share gro...

ENERGY

The rumored turnover tax on energy companies would have devastating consequences on the Romanian economy, says ACUE

2018-12-18 14:24:13
The Federation of Associations of Energy Utility Companies (ACUE) expresses its deep concerns following the latest political statements stigmatizing energy companies and the associated rumors ab...

ENERGY

Transgaz gets 150 million Euro from EIB for new gas pipeline

2018-12-18 14:11:28
The European Investment Bank (EIB) is lending 50 million Euro - the first tranche of an approved loan of 150 million Euro - to Transgaz, Romania's public gas transmission company, to finance a n...

ENERGY

Deloitte advised Chimcomplex on raising 164 million Euro of debt finance for acquiring Oltchim

2018-12-17 14:03:18
A mixed team of experts from Deloitte UK, Deloitte Romania and Reff & Associates, member of the Deloitte Legal global network, advised Chimcomplex SA Borzesti on raising debt finance to fully fu...

REAL ESTATE

Cordia Romania receives building permit for Parcului20 residential project

2018-12-17 13:52:11
Cordia Romania, Futureal Group`s residential development division, received the building permit for Parcului20 condominium, developed by the company in Expozitiei area, North Bucharest, on Parcu...

ECONOMICS

FDI in Romania rises 10 per cent after ten months in 2018

2018-12-17 11:24:23
Non-residents' direct investment in Romania (net FDI) totaled 4.56 billion Euro in January-October 2018, around 10 per cent more compared to the same period of 2017, Romania's National Bank (BNR...

INVESTMENTS

Radiocom gets EIB funds for the digitalisation of Romania's terrestrial broadcasting infrastructure

2018-12-14 10:47:43
The European Investment Bank (EIB) is lending 9.78 million Euro to Romanian public company Societatea Nationala de Radiocomunicatii SA (Radiocom) to partially finance the digitalisation of the c...

ENERGY

CE Oltenia denies media allegations, says it has no state debts

2018-12-13 15:52:06
State-owned company CE Oltenia denies the allegations in the local media, according to which it has debts to the state budget worth over 100 million Euro, a press release shows.

ENERGY

Valentin Radu receives new mandate as chair of Electrica's board of directors

2018-12-13 15:28:05
Electrica's board of directors decided to appoint Valentin Radu as chair of the board of directors for a mandate of one year, starting with 12 December 2018.

REAL ESTATE

Christmas leads to material implications for retail and office market players, says Colliers

2018-12-13 12:06:35
December is a time for Romania to score positive results for sales at supermarkets, hypermarkets or discounters as well as for gifts, offering generous returns for retailers in shopping centers ...

ECONOMICS

Revolut gets European banking license

2018-12-13 11:03:13
Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has finally come out of the ...

1 Comment

REAL ESTATE

Belgian WDP signs lease agreement with Auchan for 77,000 sqm of logistics space

2018-12-12 11:15:50
WDP has signed an agreement for the development and lease of 77,000 sqmof logistics warehouse space at its existing site at Bucharest for retailer Auchan. The investment budget amounts to around...

ECONOMICS

Europe must become a producer of new technologies, not just a consumer of technologies, says EC

2018-12-12 11:10:12
Europe must become a producer of new technologies, not just a consumer of technologies, said Gerard de Graaf, Director for the Digital Single Market in Directorate-General "Communications Networ...

ECONOMICS

Catrina, MCSI: Romania is ready to roll up its sleeves and work during the presidency of the EU Council

2018-12-12 11:02:23
Romania is ready to roll up its sleeves and work during the presidency of the Council of the European Union (EU), said Maria Manuela Catrina, State Secretary at the Ministry of Communications an...

APPOINTMENTS

Christophe Dridi is the new general manager of Automobile Dacia and Groupe Renault Romania

2018-12-11 12:32:33
Groupe Renault announces the appointment of Christophe Dridi as General Manager of Automobile Dacia and Groupe Renault Romania as of January 1, 2019.

ECONOMICS

Dacia receives 115.8 million RON in state aid from the Finance Ministry

2018-12-10 15:04:01
The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million.

1 Comment

INVESTMENTS

Digi Communications to continue its local market growth, expands abroad

2018-12-10 13:53:54
Digi Communications (RCS&RDS) has continued to grow in 2018 both locally and on foreign markets where it operates, according to CEO Serghei Bulgac. He said that the two billion Euro worth of inv...

REAL ESTATE

Building for the future, now

2018-12-07 14:00:03
The decision to buy a house is one we probably make once or twice in our lifetime. Therefor we want this decision to be the right one. A house should last the passing of time, fostering beautifu...

REAL ESTATE

certSIGN leases 2,300 sqm in AFI Tech Park 1 office building

2018-12-07 12:22:38
The Romanian IT company certSIGN has leased 2,300 sqm in AFI Tech Park 1 office building, which now reached a 60 per cent occupancy rate.

1 Comment

ENERGY

Tinmar Energy to reach 80 million RON profit in 2019, invest in household business

2018-12-06 15:27:53
Tinmar Energy estimates a profit of 80 million RON for 2019, after a 73 million RON result for this year, according to Augustin Oancea, CEO of the company. He claims the turnover for 2018 will b...

INVESTMENTS

FAN Courier consolidates its leading position on the Romanian courier market, accelerates investment

2018-12-06 10:50:44
FAN Courier is consolidating its leadership position on the local courier market for the 12th consecutive year, amid doubling of investments and market growth.

INVESTMENTS

Romanian city gets EBRD funds for green buses and buildings rehabilitation

2018-12-05 15:18:18
Around 300,000 inhabitants of Romania's city Craiova will benefit from a 15 million Euro long-term loan from the EBRD which will finance key urban projects in the city.

REAL ESTATE

Taco Bell to open a restaurant in Openville Timisoara mixed-use project

2018-12-05 13:08:02
The world's largest fast food chain serving Mexican-inspired foods is coming to Timisoara. Taco Bell will open its first location in the west of Romania in the United Business Center 1 class off...

REAL ESTATE

P3 acquires 16 hectare site for new park in North West Bucharest

2018-12-04 13:28:42
P3 Logistic Parks has acquired a 16-hectare site in Dragomiresti Vale, a prime logistic location on the north west outskirts of Bucharest. A new 80,000 sqm logistics park - to be known as P3 Bu...

REAL ESTATE

CTP increases its international portfolio to five million sqm lettable milestone

2018-12-04 13:05:14
CTP announces the reaching of the five million sqm lettable milestone this month. The company has developed a portfolio of business parks over the past 20 years located throughout central Europe...

ECONOMICS

OTP Bank Romania signs investment funds distribution deal with Eurobank Fund Management Luxembourg

2018-12-04 11:53:34
OTP Bank Romania signed a partnership with Eurobank Fund Management Company (Luxembourg) for the distribution of investment funds in Romania. Thus, from December 1st, OTP Bank Romania becomes th...

INVESTMENTS

Intracom Telecom introduces new Intelligence Surveillance Reconnaissance Platform

2018-12-04 11:37:38
Intracom Telecom, a global telecommunication systems and integrated security solutions provider, announced the launching of SIS-C2, a command and control and integration management platform for ...

REAL ESTATE

Hagag to buy new building near Romanian Athenaeum and to turn it into hotel

2018-12-04 09:59:01
Israeli real estate developer Hagag is negotiating with Romanian entrepreneur Victor Olaru the acquisition of a new building located on Bucharest's Georges Clemenceau Street, near the Romanian A...

REAL ESTATE

Lagardere Travel Retail to open a 1 Minute store in Unirii View offices

2018-12-03 10:35:22
Lagardere Travel Retail Romania will open a new 1 Minute restaurant within Unirii View office project, in February 2019, according to a press release.

GREEN

Romanian NGO EFdeN ranks 4th in Solar Decathlon 2018 competition

2018-12-03 09:57:01
Romanian NGO EFdeN ranked fourth at Solar Decathlon 2018 competition but has been named World Champion of Communication and Double Vice World Champion at the Engineering and Construction Test an...

ECONOMICS

Fondul Proprietatea expresses disappointment over Engie listing rejection

2018-11-29 16:20:09
Fondul Proprietatea is disappointed with the decision taken by the majority shareholder of Engie SA, Romania Gas Holding B.V., to oppose the listing of the company, according to a press release....

REAL ESTATE

Immofinanz posts profit rise to 135 million Euro after nine months in 2018

2018-11-29 14:16:34
Immofinanz has announced that its net profit turned positive with a significant increase to 135.0 million Euro after nine months in 2018. The results of operations more than doubled year-on-year...

ECONOMICS

Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce, says Deloitte

2018-11-29 11:13:53
Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace as a result of the emer...

1 Comment

REAL ESTATE

Polish brands continue entering the Romanian market

2018-11-29 11:06:58
The Polish sportswear retailer, 50 Style, opened in October its first store in Romania, in Bucharest's Iris Shopping Center, Titan area, on a surface of 315 sqm. Its entry on the local market co...

INVESTMENTS

Bittnet finances two investment projects by a new issue of bonds trading on Bucharest Stock Exchange

2018-11-28 16:35:57
Bittnet, the first IT company listed on the AeRO market of Bucharest Stock Exchange, launched its third corporate bonds issue worth a total of 4.7 million RON, which began trading on the Alterna...

POLITICS

President Iohannis urges Romanians to be more united, stay involved in modernizing Romania

2018-11-28 12:00:41
Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania.

REAL ESTATE

Speedwell starts Record Park, a 42 million Euro mixed use project in Cluj-Napoca

2018-11-26 12:59:11
Real estate developer Speedwell started the construction works of Record Park, the first mixed use development and urban regenerating project in Cluj-Napoca. The development process will attract...

ENERGY

Economy-wide minimum wage must be done through a transparent, objective and predictable mechanism, says ACUE

2018-11-26 12:46:11
The members of the Federation of Associations of Energy Utility Companies (ACUE) expressed their concern over frequent changes to labor legislation, promoted by the Government over a short time ...

REAL ESTATE

AFI Europe Romania posts 40.6 million Euro net operating income, up eight per cent in the first nine months

2018-11-22 11:07:52
AFI Europe Romania published its financial results for the first nine months of this year (January - September). The data indicate a positive trend, with a eight per cent increase in net operati...

INVESTMENTS

OTP Bank Romania to double its IT team to support its digital development plans

2018-11-20 15:34:30
OTP Bank Romania will double its IT team in order to support its digital development plans for next year.

advertising

advertising

advertising

Most read Daily Info
» ArcelorMittal receives binding offer f...
» Crosspoint Real Estate appointed exclu...
» Belgian real estate developer WDP to l...
» Corina Popescu is the new CEO of Elect...
» Skanska delivers the first building of...
» Marco Eichhorn appointed general manag...
» Changing the game - Reinvention
» President Iohannis urges Romanians to ...
» EBRD cuts economic growth forecast for...
» The Romanian labour market needs a wel...
Read in the Print Edition
Romania struggles to save face ahead of Euro 2020

With less than two years until the start of the 2020 UEFA European Football Championship, Romania struggles to finish its stadiums by kick-off time. And with roughly 200,000 fans flooding the capital city to ch...

New real estate bubble? It depends on who you ask

Romania's GDP has been outperforming those of neighbouring CEE countries as of last year, but its Central Bank warns that the mortgage bonanza might lead to a second real estate bubble. With market analysts poi...