about us | newsletter | contact | archive | members area

»
  What´s New      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

ECONOMICS

Superbet bonds start trading on Bucharest Stock Exchange

2017-09-20 12:52:19
Corporate bonds of Superbet Betting & Gaming S.A., one of the most important gambling operators in Romania, have started trading on the Alternative Trading System managed by Bucharest Stock Exch...

ECONOMICS

Romania's sovereign fund to be launched in 2018

2017-09-07 14:18:46
Romania's first sovereign fund for development and investments (FSDI) will be available starting January 1, 2018 and it will finance the developments of infrastructure alongside greenfield and b...

ECONOMICS

BVB second place in the region by number of IPOs in H1 2017

2017-07-21 10:05:52
Bucharest Stock Exchange (BVB) is the second market in Central and Eastern Europe where initial public offers (IPOs) were successfully concluded in the second quarter of this year, with a total ...

ECONOMICS

EIB lends one billion euro to Romania for transport infrastructure projects

2017-07-19 09:39:16
The European Investment Bank (EIB) is lending one billion Euro to co-finance with European Structural and Investment Funds priority transport infrastructure projects totalling 6.8 billion Euro t...

ECONOMICS

Over 19,000 business plans submitted for Start-Up Nation program

2017-07-18 12:53:31
Start-Up Nation Government program attracted over 19,000 business plans and a new edition will take place next year, said Ilan Laufer, Minister for the Business Environment.

ECONOMICS

Chinese delegation seeks investment opportunities in Romania

2017-07-14 12:51:16
Prime Minister Mihai Tudose discussed at the Victoria Governmental Palace on Thursday about the opportunities to invest in Romania with an official delegation of the People's Republic of China, ...

ECONOMICS

Deloitte: The M&A market has doubled in the first half of the year

2017-07-13 15:19:58
The M&A market in Romania has reached 889 million Euro in the second quarter of the year according to public sources and disclosed transactions, more than double compared to the first quarter, a...

ECONOMICS

New trading symbol for Patria Bank shares on Bucharest Stock Exchange

2017-07-13 12:38:36
Patria Bank shares, a credit institution that operates on the Romanian banking sector, are traded under a new symbol on the Bucharest Stock Exchange (BVB) market, following the successful merger...

ECONOMICS

Romanian ruling coalition plans tax overhaul ahead of key parliament vote

2017-06-29 12:36:02
Romania's ruling Social Democrats unveiled plans on Thursday to overhaul taxation from 2018, ditching a flat 16 per cent tax on income and profit that has attracted investment into the European ...

ECONOMICS

Business Lease posts four million Euro turnover in the first semester of 2017

2017-06-28 14:02:59
Business Lease, international company providing complete mobility solutions through Operational Leasing, Car Fleet Management and Rental in Romania, closes its first semester of 2017 with a turn...

ECONOMICS

EU bank supports expansion of Regina Maria private healthcare network in Romania

2017-06-28 12:43:46
The European Investment Bank (EIB) is lending 15 million Euro to support the expansion of a private healthcare network in Romania, a press release shows. This agreement is backed by the guarante...

ECONOMICS

EBRD launches energy efficiency framework for Romanian households

2017-06-27 13:48:15
Supporting Romanian households to save energy and money, the European Bank for Reconstruction and Development (EBRD) is launching a 100 million Euro Green Economy Financing Facility (GEFF) for t...

ECONOMICS

Fondul Proprietatea urges President Iohannis not to promulgate the Ports Law

2017-06-26 14:34:29
Fondul Proprietatea has sent a letter to President Klaus Iohannis outlining several reasons that constitute, in the Fund's view, a strong basis for the non-promulgation of the recently adopted l...

ECONOMICS

Societe Generale European Business Services reaches 1,000 employees in the shared service in Bucharest

2017-06-15 13:22:27
Societe Generale European Business Services, the shared service center for Societe Generale Group, has reached 1,000 employees due to an accelerated growth over the last three years. Societe Gen...

ECONOMICS

UNSAR launched its own financial education platform for the insurance industry

2017-06-12 16:38:19
The National Association of Insurance and Reinsurance Companies in Romania (UNSAR) has launched its own online financial insurance education platform, the first such project in the insurance ind...

ECONOMICS

Telekom and Ericsson presented the 5G technology in Romania

2017-06-12 12:57:46
Telekom Romania and Ericsson have brought the next generation of wireless technology one step closer to Romanian people, after conducting in Bucharest the first 5G demonstration in South Eastern...

ECONOMICS

Cristian Covaciu (IPEC) to represent Romania at EY World Entrepreneur of The Year 2017

2017-06-07 12:05:55
The seventeenth edition of the EY World Entrepreneur of the Year starts today in Monte Carlo and will end on June 11, 2017. 59 qualified entrepreneurs from 49 countries will compete for the gran...

ECONOMICS

Tourist number up by 11 per cent in April

2017-06-06 16:37:26
The number of tourists this April reached 808,700, up 11.5 per cent year-on-year, the National Institute of Statistics (INS) said in a release, according to Agerpres.

ECONOMICS

New law on ports administration would be very damaging for Romanian state budget, Fondul Proprietatea says

2017-05-24 14:00:47
Fondul Proprietatea is concerned by the renewed steps to approve the draft law amending the Government Ordinance on ports administration, which was re-examined and approved through an emergency ...

ECONOMICS

Vienna Insurance Group posts profit of 110 million Euro in Q1

2017-05-23 10:58:47
Vienna Insurance Group reported a profit before taxes of around 110 million Euro in the first quarter of 2017, according to a press release.

ECONOMICS

Eberspaecher forecasts slight increase in revenue for 2017

2017-05-16 15:44:04
The German automotive supplier Eberspaecher forecasts sustained positive income development with a slight increase in revenue for 2017, a press release shows.

ECONOMICS

Austria holds over 14 per cent of all foreign investments in Romania

2017-05-09 16:36:24
The Austrian investors see Romania as an excellent investment destination and the largest market in the South-Eastern Europe, according to Gerd Bommer, the Austrian Embassy Commercial Counsellor...

ECONOMICS

UPC Romania posts six per cent increase in Q1 revenues

2017-05-08 16:52:44
UPC Romania, part of Liberty Global group, has seen an increase of six per cent in terms of revenues in Q1 2017, up to 178.4 million RON (39.6 million Euro), a press release shows.

ECONOMICS

Borza: Hidroelectrica would get one billion Euro for listing on the stock exchange

2017-05-08 15:33:10
Hidroelectrica could get one billion Euro from listing on the stock exchange if the process would run this year, but the funds should go to the state budget, as the energy producer does not need...

ECONOMICS

Erste Group posts net profit of 262 million Euro after Q1

2017-05-05 10:09:18
Erste Group registered a net profit of 262.2 million Euro after the first quarter of 2017, a press release shows.

ECONOMICS

Business Lease Romania opens its first regional centre in Cluj-Napoca

2017-05-04 16:20:47
Business Lease Group, a Dutch company specializing in providing full mobility solutions to companies in Central and Eastern Europe, opens a new operational centre in Cluj. This expansion aims to...

ECONOMICS

Faurecia to develop interior and safety technologies for self-driving cars

2017-05-04 10:57:24
French car parts supplier Faurecia said it signed a partnership agreement with German company ZF to develop interior and safety technologies for self-driving cars, according to Reuters.

ECONOMICS

UPS generates 6.2 per cent revenue growth in Q1

2017-05-03 12:33:57
UPS announced first-quarter 2017 operating results with revenue growth across all segments. The company improved earnings per share by 3.9 per cent versus the same period in 2016. The improved...

ECONOMICS

Apple posts fall in iPhones sales

2017-05-03 11:16:42
Apple Inc reported a fall in iPhone sales for the second quarter, indicating that customers had held back purchases in anticipation of the 10th-anniversary edition launch of the company's most i...

ECONOMICS

Oltchim achieved 2.2 million Euro gross profit in Q1 2017

2017-05-03 10:39:31
The consortium of legal administrators formed by Rominsolv SPRL and BDO Business Restructuring SRL together with the executive management of the company and the special administrator informs tha...

ECONOMICS

IMF approves second loan tranche to Moldova

2017-05-02 14:17:06
The International Monetary Fund said its board has approved the disbursement of a second loan tranche to Moldova worth 21.5 million USD, according to Reuters.

ECONOMICS

TotalSoft appoints Yusuf Onder Eren as CEO

2017-05-02 12:08:52
TotalSoft, one of the leading software providers in Romania, announces the appointment of Yusuf Onder Eren as Chief Executive Officer, to drive the company's international development, as well a...

ECONOMICS

Ratio between pensioners and employees could double by 2032 as compared to 2014, pension fund manager says

2017-04-28 12:38:12
The ratio between pensioners and employees could double by 2032 as compared to 2014, which will cause problems in covering the necessary pension payments by the employees for those who enter the...

ECONOMICS

Orbis turnover increased to 62 million Euro in Q1

2017-04-27 15:57:46
The Orbis Hotel Group turnover increased by 4.4 million Euro in Q1 2017 up to 62 million Euro, a press release shows. Group's EBITDA in the first quarter totalled 8.9 million Euro, representin...

ECONOMICS

Deloitte Romania appoints Alexandru Reff as new country managing partner

2017-04-27 14:59:33
Alexandru Reff has been appointed country managing partner Deloitte Romania and Moldova, effective June 1, 2017. He will succeed Ahmed Hassan, who takes on a regional leadership position.

ECONOMICS

Banca Transilvania posts 246 million RON profit in the first quarter of 2017

2017-04-26 09:39:26
Banca Transilvania's net profit is 246 million RON (54.6 million Euro) for the first quarter of 2017, whereas Banca Transilvania Financial Group's net profit amounts to 267 million RON (59.3 mil...

ECONOMICS

Greg Konieczny, FP: We really need a miracle to think about Hidroelectrica's IPO this year

2017-04-25 15:45:26
There are some good news and some bad news about Hidroelectrica lately, according to Greg Konieczny, director of Fondul Proprietatea, who said in a press meeting that 'we really need a miracle t...

ECONOMICS

PM Grindeanu: Income tax applied in other countries, we are not reinventing the wheel

2017-04-25 09:58:12
Prime Minister Sorin Grindeanu stated on Monday evening at a private TV broadcaster that he expects a final draft of the income tax project so that he can decide, but underlined that this type o...

ECONOMICS

Merger between Banca Comerciala Carpatica and Patria Bank approved by Bucharest Court of Appeal

2017-04-24 10:35:21
Bucharest Court of Appeal approved on April 21, 2017 the merger file between Banca Comerciala Carpatica and Patria Bank, allowing to the two banks to complete all the procedural and operational ...

ECONOMICS

Mol Group approves dividend and share split

2017-04-14 09:31:25
Mol Group held the Annual General Meeting in Budapest, where shareholders approved the report of the Board of Directors regarding finances for the year 2016 and approved consolidated financial s...

advertising

advertising

advertising

advertising

advertising

Most read Daily Info
» Romania initiates first meeting of EU ...
» DVD Residential Imobiliare launches Ar...
Read in the Print Edition
Oil & Gas Industry: Challenges and opportunities for Romania

As it appears from the four scenarios of the Romanian Energy Strategy, natural gas will play an important role with expected significant increases in the energy mix starting in 2020. Even though currently about...