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"I estimate that there will be no big game-changers for the main macroeconomic indicators until Dece
Joerg Menzer, Noerr Romania»
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TotalSoft appoints Tom Stankiewicz as Financial Services Executive Director

TotalSoft, one of the leading ERP and financial solutions providers, part of software company Logo Software (Logo), takes new strategic steps in further penetrating international financial marke...

Mike Seidel takes the lead of the Bayer Consumer Health Division, to oversee operations in Romania, Bulgaria and Moldova

Starting this month, Bayer's Consumer Health Division has a new leader, with Mike Seidel taking over from Emilio Bellantoni.

Colin Lovering joins Avison Young in Romania

Avison Young announced the strategic hiring of business development specialist Colin Lovering, a press release shows.

Cristian Vasile joins P3 as new property manager in Romania

Pan-European logistics property investor-developer P3 has appointed Cristian Vasile as its new Property Manager in Romania, with responsibility for managing all the buildings at P3 Bucharest par...

Athenee Palace Hilton appoints Georg Pucker as director of operations

Athenee Palace Hilton today announced the appointment of Georg Pucker as Director of Operations.

Bayer Romania appoints Gerhard Waltl as head of the Pharmaceutical division

Starting with mid-June 2017, the Pharmaceutical division of Bayer Romania has a new leadership, following the appointment of Gerhard Waltl as Country Commercial Lead.

Metropolitan Life appoints Carmina Dragomir as CEO in Romania

Metropolitan Life appoints Carmina Dragomir as CEO in Romania, starting October 1, after the approval of the board. Carmina Dragomir will take over this position from Emilia Bunea, who led the M...

TotalSoft appoints Dania Selaru as EAS Executive Director

TotalSoft, one of the leading software providers in Romania, announces the appointment of Dania Selaru as Executive Director, to further develop and execute the company's Enterprise Application ...

Franz Weiler is the new president of the Foreign Investors Council

The Board of Directors of the Foreign Investors Council (FIC) elected, for a one-year mandate, its new President, Franz Weiler. He is the CEO of Uniqa Asigurari and, during his past mandate in t...

Michele Abbate was appointed as new CEO of Enel Energy and Enel Energy Muntenia

Michele Abbate is the new CEO of Enel Energy and Enel Energy Muntenia, the two companies owned by the Enel group in Romania.

Ana Hotels appoints Vasile Iuga as president of the Administration Council

Ana Hotels appoints Vasile Iuga as president of the Administration Council starting July 1. He will replace Alexandra Copos de Prada, who decided to dedicate to her business that she leads since...

TotalSoft appoints Adina Gurgu as Chief Technology Officer

TotalSoft, one of the leading ERP and financial solutions providers internationally, announces the appointment of Adina Gurgu as Chief Technology Officer (CTO), who will be starting August respo...

Corneliu Bodea was reappointed as president of Romanian Energy Center

Corneliu Bodea was reappointed as president of Romanian Energy Center (CRE) with 244 votes, being the only candidate. His new mandate will last until September 2020.

JLL appoints Silviana Petre Badea to lead Romania business

JLL has appointed Silviana Petre Badea as managing director of its Romanian business, based in Bucharest, with effect from 1 March 2017.

More on News
PM Tudose: We will shortly come up with new form of split VAT collection

A new form of split VAT collection, which will respond to the requests made in this period by business representatives, will be presented shortly, Prime Minister Mihai Tudose announced on Monday...

Minister Negrescu: Romania is profoundly pro-European, we will be even more significant after Brexit completion

Minister Delegate for European Affairs Victor Negrescu said on Thursday that Romania is a profoundly pro-European state and will become more significant after the Brexit process is completed.

Iohannis: Advanced presence on Eastern Flank must be reinforced, especially in Black Sea

President Klaus Iohannis stated on Monday that the advanced presence on NATO's Eastern Flank must be reinforced.

Former PM Ciolos: We cannot risk Romania's future

Former Prime Minister Dacian Ciolos was present Sunday evening at the protest in Bucharest, on which occasion he argued that he considered joining the manifestations because "a limit is being re...

Iohannis: A significant delay in tax measures would be required

President Klaus Iohannis said that a significant delay in the amendments to the tax legislation would be required, adding that the January 1, 2018 deadline for their application is inopportune....

PM Tudose reaffirms commitment to unconditional partnership with Romanian Army

The government of Romania has always been and will stay an unconditional partner to the Romanian Army, Premier Mihai Tudose said in a message on the National Army Day.

Dragnea: Amendments to the tax code, code of tax procedure to pass under government ordinance

Amendments to the tax code and the code of tax procedure will pass under a government ordinance and will be unveiled after the government meeting, national leader of the Social Democratic Party ...

MAE requests Ukraine to adopt necessary measures so that Romanians learn in their mother tongue

The Foreign Affairs Ministry (MAE) announced that it will continue to take steps with the international authorities to signal the negative impact of the legislative amendments in Ukraine's Educa...

Romania initiates first meeting of EU Council Presidencies' Trio with Finland and Croatia

Minister-Delegate for European Affairs Victor Negrescu has initiated on Monday in Brussels, the first, minister-level meeting of the Trio of Presidencies that Romania is due to commence on Janua...

Iohannis: Romania has made progress with equal opportunities, needs to speed up gap bridging

Romania's President Klaus Iohannis said that although important progress has been made in Romania in terms of gender equality, the country needs to speed up bridging the gaps.

EBRD and European Union launch programme to help businesses from south-eastern Europe obtain advice

The European Investment Advisory Hub, the EBRD and the European Union launched today, in Bucharest, a new programme committed to helping small and medium-sized enterprises (SMEs) obtain advice f...

The economy is growing, investor confidence is deteriorating, says FIC

The Foreign Investors Council (FIC) publishes twice a year the results of the Business sentiment index survey conducted among its members.

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Editorial
Principles Governing Foreign Investments in Romania

The legal regime of foreign investments in Romania is governed by the principle of equal treatment, which means that, subject to the principle of most-favoured-nation treatment, the same legal framework, princi...

Daily Info
Transelectrica inaugurated the Campia Turzii station, fully refurbished with 9 million Euro
Transelectrica inaugurated the 220/110/20 kV Campia Turzii (Cluj County) electricity station, after an investment of about 42 million RON (9 million Euro).

CTP starts CSR project for the workforce market nearby Bucharest
CTP is starting a social responsibility program that aims to facilitate a series of meetings between high school students and representatives of important companies that are tenants in the parks owned by CTP ne...

Enel and Traian Vuia International Airport in Timisoara launch the first EV charging station in a Romanian airport
Enel Energie and the Traian Vuia Airport in Timisoara inaugurated the first electric vehicle charging station in an airport in Romania, in order to encourage electric mobility and a lower carbon footprint of th...

OTP Bank Romania posted a profit of 6.8 million Euro in the first nine months of 2017
OTP Bank Romania registered an after-tax profit of 6.8 million Euro, in the first nine months of the year, decreasing by three per cent year over year. The bank returned to profit in the third quarter, with fou...

Impact launches Luxuria Domenii Residence with 630 apartments in Bucharest
Impact has launched Luxuria Domenii Residence, a residential project comprising 630 apartments in the north of Bucharest.