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Garanti Bank finances the construction of HEKA Hospital in Constanta

Garanti Bank granted a 11 million RON (2.3 million Euro) loan to HEKA Hospital in Constanta. The funding has been granted for a period of 10 years, so that a former office building in the center...

Industry 4.0: EIB supports construction of new Arctic factory in Romania

The European Investment Bank (EIB) is lending 68 million Euro to white goods producer Arctic to finance the construction of a large-scale washing machine production plant featuring advanced manu...

Romanian bike producer Pegas starts selling on international markets

Romanian bicycle producer Pegas has made its first step on European markets by listing its products on five Amazon marketplaces in Spain, France, Germany, Italy and UK, from where it can deliver...

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Brasov County Council to invest 22 million Euro in new airport terminal

The Brasov County Council will invest 22 million Euro in building the passenger terminal of the future Brasov-Ghimbav international airport.

Lidl to open supermarket with electric car charging station in Resita

Lidl will inaugurate a store in Resita on July 19, 2018, provided with electric car charging station. The Lidl Drive from Resita has a retail space of approximately 1,300 sqm and around 150 park...

Porsche Engineering Romania relocates its headquarters to Cluj-Napoca

Two years after its official opening event, Porsche Engineering Romania inaugurated its new headquarters in Vivido Business Center in Cluj.

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U.S. Air Force to invest 40 million USD in Romanian air base

The U.S. Air Force plans to spend about 40 million USD on new construction and base improvements at the 71st Air Base in Campia Turzii, in Romania's Cluj county, Defensenews.com reported.

Romanian companies can get 50,000 USD to do business in the US through the Smart Start USA programme

Smart Start USA, a programme that will officially start in September 2018, aims to ease access for 10,000 small and medium Romanian companies and entrepreneurs annually on the North American mar...

Bucharest's Henri Coanda Airport to upgrade sound system

The National Bucharest Airports Company has awarded a 1.05 million Euro contract for the upgrade of the sound system of the terminals of the Henri Coanda Airport, Bucharest's main one. The contr...

Bucharest City Hall to implement informatics system for public transport passengers

Bucharest City Hall will implement an informatics system that will allow passengers using public transport to choose the optimum route between two places in the city.

Nokia lands 500 million Euro for 5G research

Nokia signed a 500 million Euro loan transaction with the European Investment Bank (EIB), supported by the European Fund for Strategic Investments (EFSI). Nokia will use the loan to further acce...

New Brasov airport terminal to cost 22 million Euro

Local authorities have announced plans to hold a tender for designing and building the terminal of the upcoming Brasov airport by end-September. The terminal of the airport, which already has a ...

Turkish Opsan leases 5,000 sqm in CTPark Pitesti

Turkish car parts maker Opsan has leased 5,000 square meters of industrial space in CTPark Pitesti, the project developed by CTP.

Ikea starts recruiting for second store in Bucharest

Ikea started the recruiting campaign for its second store in the Romanian capital, which is currently being built in the Theodor Pallady area in Eastern Bucharest.

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ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

Corina Popescu is the new CEO of Electrica

The Board of Directors of Electrica, one of the most valuable companies where the state is the main stakeholder, has agreed to end the collaboration with its CEO Dan Catalin Stancu starting Nove...

Crosspoint Real Estate appointed exclusive sale agent for H Pipera Lake residential project in northern Bucharest

Crosspoint Real Estate has been appointed exclusive agent for the sale of the units in H Pipera Lake residential project, developed by Hagag Development Europe.

Belgian real estate developer WDP to launch new 75 million Euro projects in Romania

WDP kicked off its Investor Day in Romania by announcing an additional investment volume of around 75 million Euro, amounting to some 130,000 sqm in property, both through new development projec...

Skanska delivers the first building of the Campus 6 office project in Bucharest

Skanska inaugurates Campus 6.1, the first completed building in Campus 6, a project that marks the expansion of Skanska Romania in the Center - West area of the capital.

New Government reshuffle in Romania to take place in October

A new reshuffle of the Government is supposed to take place in early October, according to the Socialist-Democrat Party (PSD) Liviu Dragnea. He said that, together with the Prime Minister Vioric...

President Iohannis to attend UN General Assembly in New York

Romanian president Klaus Iohannis will be in New York until Friday to attend the 73rd General Assembly of the United Nations.

Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar.

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Ambassador Klemm: Women are directly affected by digital exclusion

Women are directly affected by digital exclusion, US Ambassador to Bucharest Hans Klemm said Monday at the opening of the Digital Romania International Forum.

President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, in a news conference a...

President Iohannis to hold CSAT meeting on September 4 for budget revision

Romanian president Klaus Iohannis has summoned on September 4 the members of the Supreme Council of National Defence (CSAT) to approve the budget revisions for institutions handling national sec...

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PayU expands to Israel through ZOOZ

PayU, the leading financial services provider in global growth markets, announced the acquisition of ZOOZ, the payment technology platform that operates in Israel. The transaction supports the c...

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Daily Info
Corina Popescu is the new CEO of Electrica
The Board of Directors of Electrica, one of the most valuable companies where the state is the main stakeholder, has agreed to end the collaboration with its CEO Dan Catalin Stancu starting November 2018. The n...

Skanska delivers the first building of the Campus 6 office project in Bucharest
Skanska inaugurates Campus 6.1, the first completed building in Campus 6, a project that marks the expansion of Skanska Romania in the Center - West area of the capital.

ArcelorMittal receives binding offer for European assets from Liberty
British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

Marco Eichhorn appointed general manager of Radisson Hotel in Bucharest
The Radisson Hotel Group, one of the world's largest hotel groups, has announced Marco Eichhorn as general manager of two hotels in the Romanian capital.

Crosspoint Real Estate appointed exclusive sale agent for H Pipera Lake residential project in northern Bucharest
Crosspoint Real Estate has been appointed exclusive agent for the sale of the units in H Pipera Lake residential project, developed by Hagag Development Europe.