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Ana Maria Icatoiu, Smart Eco Plus
There are laws which have been under discussion for years - not healthy for the market»
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Groupe Renault Romania appoints Aurelia Leoveanu as new financial director

Aurelia Leoveanu is the new Administrative and Financial Director of Groupe Renault Romania. Liviu Bocsaru, who has held this position in the last six years, becomes director of Groupe Renault C...

CEZ Group Romania appoints Ondrej Safar as new CEO starting August 1

CEZ Group Romania announced that Martin Zmelik will end his eight years long job in Romania at the end of this month and will be replaced by Ondrej Safar, who will become the new Country Manager...

Airbus appoints Serge Durand as head of Romanian operations

Airbus has announced the appointment of Serge Durand as head of the company's operations in Romania.

Andrew James Noble, the new UK ambassador to Romania

As the current ambassador of the United Kingdom in Bucharest, Paul Brummell, is reaching the end of his term this summer after four years, he will be replaced by Andrew James Noble, who has most...

Renault Technologie Roumanie appoints Alexander Simionescu as new general manager

Alexander Simionescu is the new general manager of Renault Technologie Roumanie (RTR), starting April 2018. Pascal Candau, who has held this position for three years, will take on other missions...

Deloitte Romania appoints Peter MacDonald as new Audit and Assurance Partner

Deloitte Romania announced that Peter MacDonald has joined the firm as Audit and Assurance Partner to lead the Financial Services Industry Audit and Assurance practice.

Catalin Radu named head of Bayer Pharmaceuticals in Romania and Moldova

Bayer Pharmaceutical's operations in Romania and the Republic of Moldova will be coordinated starting this month by Catalin Radu, who will take over the attributions of Gerhard Waltl.

Immofinanz appoints Fulga Dinu as new country manager for Romania

Fulga Dinu has taken over the role of Operations Country Manager at Immofinanz Romania and will coordinate the company's development on the dynamic office space and retail centre markets.

David Jordan named new CEO of Policolor-Orgachim group

The board of the Policolor-Orgachim group has announced changes in its top management structure: David Jordan has been named the new CEO of the Group.

AFI Europe Romania appoints Doron Klein as new CEO

AFI Europe Romania announces the appointment of Doron Klein as CEO of the company as of July this year. He currently runs AFI Europe Czech Republic operations. Doron Klein will replace David Hay...

Andre Vivan da Silva promoted as vice-president and cluster area director for GSK South-Eastern Europe

Andre Vivan da Silva has been promoted as vice-president and cluster area director for GSK South-Eastern Europe starting January 1, one year after his appointment as general manager of GSK Roman...

Berarii Romaniei appoints Lucian Ghinea as the new president

The members of the association Berarii Romaniei have appointed Lucian Ghinea as the new president. Thus, starting January 1, Ghinea has taken over the responsibilities of Shachar Shaine, the pre...

CTP appoints Emanoil Dascalu as Construction Director for Romania

CTP has appointed Emanoil Dascalu as Construction Director for Romania. He will oversee the company's construction projects throughout the country. This new addition will strengthen the local te...

CTP appoints Andreea Odovinca as Chief Financial Officer for Romania

CTP has appointed Andreea Odovinca as Chief Financial Officer (CFO) for Romania. She will be responsible for ensuring the efficiency of financial functions, the quality of the information provid...

More on News
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.

Continental to list powertrain division mid-2019

Continental is moving ahead with an initial public offering of its powertrain unit and new corporate structure in the car-parts maker's biggest overhaul in decades.

Romanian M&A market speeds up in Q2, says Deloitte

The M&A market in Romania marked a significant recovery in the second quarter of this year, reaching 391 million Euro, compared with 258 million Euro in the first three months of the year. Accor...

Vardinogiannis Group finalized the acquisition of Marfin Bank in Romania

Vardinogiannis Group, one of the most solid and well capitalized business conglomerates in Europe, finalized the acqusition of Marfin Bank, after receiving approval from the National Bank of Rom...

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...

Engie acquires Romanian IoT company Flashnet, specialized in Smart Public Lighting

ENGIE announces the acquisition of 60 per cent of Flashnet, a Romanian Internet of Things (IoT) company.

TransferGo receives electronic money license

TransferGo, the international fast online transfer company, has been granted its e-Money license from the Bank of Lithuania. The license allows electronic money storage & transfer and other fina...

Garanti Consumer Finance signs a loan agreement for seven million Euro with The Black Sea Trade and Development Bank

Garanti Consumer Finance, part of the financial group Garanti Romania, has signed a loan agreement of seven million Euro with the Black Sea Trade and Development Bank (BSTDB).

Healthy Central European private equity activity levels set to continue, says Deloitte

The strong momentum underway in Central Europe's private equity markets should continue, according to the latest Deloitte Central Europe Private Equity Confidence Survey.

Dacia posts half-year sales record

Dacia posted a half-year sales record in Europe with 281,225 vehicle registrations (up 14.6 per cent) and a record 2.9 per cent share of the market, according to world sales result published by ...

Romelectro to modernize the Smardan power station following 23 million Euro project

The association between Romelectro SA and Electromontaj SA, as a general contractor, recently won the tender organized by CNTEE Transelectrica SA for the modernization of the Smardan power stati...

CEZ Group in Romania ended 2017 at a net profit level

CEZ Group in Romania ended 2017 with better results than in 2016 at a net profit level. Last year brought for CEZ Group in Romania a profit before interests, taxes, depreciation, and amortizatio...

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Editorial

Daily Info
Oil Terminal cuts wages by 25 per cent for ten days
Oil Terminal suspends full wage payment for ten days in order to reduce expenses. Almost a thousand employees will be affected by the measure decided after the company concluded the first semester of the year w...

Dacia Mioveni plant in Romania reaches 50 years of activity
The Dacia car plant in Mioveni, Romania, celebrated 50 years since producing the first Dacia car on Monday, August 20.

Quarterly distribution of dividends - benefits vs costs
In July 2018, Romania joined the European Union countries where companies can distribute dividends to shareholders on a quarterly basis. This change in the Company Law is extremely welcome and has been long awa...

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 continued expansi...

Romelectro to modernize the Smardan power station following 23 million Euro project
The association between Romelectro SA and Electromontaj SA, as a general contractor, recently won the tender organized by CNTEE Transelectrica SA for the modernization of the Smardan power station. The total va...