Business Review - Romania's Premiere Business Weekly
Eugen Anicescu Managing Director Coface Romania

Construction firms in Romania hit by lack of…

Constructions firms from Romania posted the highes debt level in 2016 since 2008, they have big issues on debt recovery…

Powerelectric

Electricity prices for Romanian households up 8 pct…

The price of electricity for households will grow by up to 8 percent from July 1, according to a decision…

commercial deficit trade deficit

Romania’s central public administration budget deficit estimated at…

The Finance Ministry estimates a budget deficit of the central public administration of 3.25 percent of GDP in 2017, calculated…

klaus iohannis emmanuel macron

President Iohannis meets with Emmanuel Macron: We will…

President Klaus Iohannis spoke in Brussels with his French counterpart Emmanuel Macron, during a meeting organized within the European Council.…

Ravinder Takkar photo

Ravinder Takkar ends mandate at Vodafone Romania, to…

Starting July 15, Ravinder Takkar, CEO of Vodafone Romania, will be appointed as chairman Vodafone Group Services, Regional Business Development,…

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LATEST NEWS

BR’s most read articles this week | June 19-23

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News June 23, 2017 16:57 0 comments

Business Review will present each week the articles that got most views online. Here are the pieces that got most traction this week. IBM to open fourth business services center in Romania KFC, Pizza Hut and Pizza Hut Delivery brands moved under Sphera Franchise Group PM Grindeanu struggles to stay in power as pressure mounts […]more »

Eugen Anicescu Managing Director Coface Romania

Construction firms in Romania hit by lack of infrastructure projects

Constructions June 23, 2017 16:14 0 comments

Constructions firms from Romania posted the highes debt level in 2016 since 2008, they have big issues on debt recovery…more »

hidroelectrica

Hidorelectrica profit up 26 pct to RON 744 mln in the first five months of 2017

Energy June 23, 2017 16:09 0 comments

State-owned Hidorelectrica, the electricity producers, has posted a profit growth of  26 percent in the first five months of 2017…more »

Business

Targu Jiu Profi

Profi opens six new stores, covering 312 localities in Romania

June 23, 2017 16:05

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Profi retailer opened six new stores, in Siret, Cluj-Napoca, Bacau, Ramnicu Sarat, Cenad and Ghioroc, having units in 312 localities…more »

Pena

Cisco launches new solutions for enterprise networks in major new software, hardware rollout

June 23, 2017 15:56

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Following the global launch on 20 June, Cisco introduced today in Bucharest its new solutions for enterprise networks. The new,…more »

Investments

Nokia Smart Days Timisoara_201706

Nokia boosts R&D operations in Timisoara

June 21, 2017 09:09

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Technology firm Nokia says it will hire another 300 people in Romania, out of which 100 will be in the…more »

Prysmian group

Prysmian opens new plant in Slatina, following EUR 25 mln investment

June 15, 2017 16:34

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Prysmian Group, the player in the energy and telecom cable systems industry, inaugurated its largest optical cable plant in Europe…more »

Money

commercial deficit trade deficit

Romania’s central public administration budget deficit estimated at 3.25 pct this year

June 23, 2017 13:21

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The Finance Ministry estimates a budget deficit of the central public administration of 3.25 percent of GDP in 2017, calculated…more »

money-investments

Romania SMEs to get EUR 540 mln in financing as part of EU deal

June 22, 2017 13:29

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Five Romanian banks have signed up to the SME Initiative in Romania, to provide new financing for Small and Medium…more »

Tech

Ravinder Takkar photo

Ravinder Takkar ends mandate at Vodafone Romania, to take regional role

June 23, 2017 11:21

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Starting July 15, Ravinder Takkar, CEO of Vodafone Romania, will be appointed as chairman Vodafone Group Services, Regional Business Development,…more »

Fitpass

Fitpass start-up aims to reach 1,000 members by year-end in Romania

June 23, 2017 10:49

0 comments BR Exclusive

Fitness start-up Fitpass plans to reach 1,000 members until the end of the year in Romania and an accounting rate…more »

Energy

hidroelectrica

Hidorelectrica profit up 26 pct to RON 744 mln in the first five months of 2017

June 23, 2017 16:09

0 comments

State-owned Hidorelectrica, the electricity producers, has posted a profit growth of  26 percent in the first five months of 2017…more »

Powerelectric

Electricity prices for Romanian households up 8 pct from July 1

June 23, 2017 13:28

0 comments

The price of electricity for households will grow by up to 8 percent from July 1, according to a decision…more »

Property

Eugen Anicescu Managing Director Coface Romania

Construction firms in Romania hit by lack of infrastructure projects

June 23, 2017 16:14

0 comments

Constructions firms from Romania posted the highes debt level in 2016 since 2008, they have big issues on debt recovery…more »

Laura Baciu_Managing Partner The Estate

The Estate estimates a turnover of EUR 120,000 for 2017

June 23, 2017 09:39

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The Estate start-up, specialized in administration services for rented properties in Bucharest, estimates a turnover of EUR 120,000 for 2017,…more »

Going Out

House of the people

Bucharest’s best 7 museums to visit this summer

June 23, 2017 07:30

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From the large art museums hosted in grand edifices, such as the former Royal Palace or the Palace of the…more »

Brodsky-Baryshnikov39Maria-Stefanescu

FITS2017: The one and only, Mikhael Baryshnikov

June 17, 2017 15:39

0 comments BR Exclusive

Undoubtably, Mikhael Baryshnikov is the talk of the town here at Sibiu International Theatre Festival (FITS). Since he arrived here,…more »

Profiles

fcb bucharest

FCB Bucharest names new heads of copy/art

June 21, 2017 12:11

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FCB Bucharest agency has appointed Dragos Raicu as head of copy and Emanuel Borcescu as head of art. “They have…more »

rsz_loredana_sandulescu__credit_foto_mealchemy

Loredana Sandulescu (BrightBusiness.ro): “We are addressing mainly the professionals working in the fashion & beauty industries”

June 20, 2017 17:17

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With more than 13 years of experience in journalism, out of which 11 at Biz magazine, Loredana Sandulescu is one…more »

Lifestyle

World Class Romania

M&A alert. World Class acquires Pure Health & Fitness from Cotroceni

June 14, 2017 16:04

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Fitness chain World Class acquired Pure Health& Fitness club from Cotroceni, reaching 22 fitness clubs in Bucharest and 31 at…more »

Theme

Therme Bucharest posts losses of EUR 4 mln after the first year of operation

June 09, 2017 17:06

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One of the biggest European centers of wellness based on thermal water, Therme Bucharest, which opened on January 14, 2016,…more »

Calendar

festivalul iei

This weekend in Bucharest: Ia Festival

June 22, 2017 09:10

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With the Romanian traditional blouse Ia celebrated at the end of this week, the Bucharest Mayor Office and creart will…more »

beton

This weekend in Bucharest: BETON Street Art Festival 2017

June 22, 2017 09:07

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Street art fans can go to BETON Street Art Festival 2017 that will take place during June 23-25. It will…more »

Testimonials

things to do in Bucharest

Expat opinion: The affordability of property in the heart of a EU capital, one of the joys of Bucharest

May 16, 2017 07:00

0 comments BR Exclusive

Faced with a near six-month exile back in her native land, BR’s resident UK expat outlines what she’s missing most…more »

barbu vacarescu area

BR turns 18 | Opinion. The Romanian evolution: expats praise better roads, economic growth and closer European ties

October 25, 2016 10:19

0 comments BR Exclusive

Members of Romania’s expat community told BR about the biggest changes they’ve witnessed during their time here and outlined their…more »