Business Review - Romania's Premiere Business Weekly

Two Romanian ministers investigated by anti-graft prosecutors in…

Romania’s deputy PM and minister of defense Sevil Shhaideh and the minister delegate for EU funds, Rovana Plumb, are investigated…

M&A alert. Bittnet buys GECAD NET in expansion…

Romanian Bittnet, the provider of IT training and integration services, has taken over GECAD NET, which specializes in the sale…

Romania’s deputy PM Sevill Shhaideh, suspect in corruption…

The deputy PM Sevil Shhaideh, who is also the minister of development, is suspect in a corruption case. Shhaideh did…

Zacaria develops the first private industrial park in…

The construction works on the new business park in Craiova are ongoing and the first 10,000 sqm of industrial space…

President Iohannis cancels official visit in Ukraine over…

President Klaus Iohannis said that following the adoption of the education law in Ukraine, which restricts teaching in national minorities’…

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LATEST NEWS

Number of new firms with foreign capital in Romania up 12 pct in the first eight months

News September 22, 2017 16:14 0 comments

The number of firms with foreign capital newly set up in Romania increased by 12 percent in the first eight months of the year, compared with the similar period of 2016, to 3,951 units, according to the data of the National Office of Trade Registry (ONRC). These companies had a subscribed social capital in value […]more »

Government signs financing contracts of over RON 1 billion, backed by EU funds, for new jobs

Finance September 22, 2017 16:11 0 comments

The minister delegated for European funds, Rovana Plumb, signed financing contracts of RON 1 billion, that will be implemented in…more »

Over 25 shops to open in Sun Plaza as S IMMO AG completes second phase of the remodelling process

Retail & FMCG September 22, 2017 16:09 0 comments

More than 25 new shops will open to the public on September 28 in Sun Plaza shopping centre in Bucharest,…more »

Business

Number of new firms with foreign capital in Romania up 12 pct in the first eight months

September 22, 2017 16:14

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The number of firms with foreign capital newly set up in Romania increased by 12 percent in the first eight…more »

Over 25 shops to open in Sun Plaza as S IMMO AG completes second phase of the remodelling process

September 22, 2017 16:09

0 comments

More than 25 new shops will open to the public on September 28 in Sun Plaza shopping centre in Bucharest,…more »

Investments

Lem’s: Investments of RON 1.7 mln in two new stores

September 21, 2017 16:01

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The furniture producer from Prahova, Lemet, continues the investments in the stores network Lem’s and opens two new stores in…more »

Synevo Romania invests EUR 1 mln in digital histopathology department

September 21, 2017 12:16

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Synevo Romania, the supplier of laboratory diagnostics services part of Medicover, has invested EUR 1 million in a digital histopathology…more »

Money

Government signs financing contracts of over RON 1 billion, backed by EU funds, for new jobs

September 22, 2017 16:11

0 comments

The minister delegated for European funds, Rovana Plumb, signed financing contracts of RON 1 billion, that will be implemented in…more »

International Investments Bank to list bonds of RON 300 mln and EUR 60 mln at BVB

September 21, 2017 15:54

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The International Investments Bank, with headquarter in Moscow, will list bonds of RON 300 million and EUR 60 million on…more »

Tech

M&A alert. Bittnet buys GECAD NET in expansion move

September 22, 2017 14:14

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Romanian Bittnet, the provider of IT training and integration services, has taken over GECAD NET, which specializes in the sale…more »

"online shopping"

Romanian spend EUR 2.5 bln online in 2017, study says

September 22, 2017 09:00

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Romanians have spent EUR 2.5 billion online this year, the average transaction price being around EUR 60, according to a…more »

Energy

hidroelectrica

Hidroelectrica invests EUR 23.69 mln in upgrade of Calimanesti plant

September 19, 2017 13:22

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Hidroelectrica, the state-owned hydroelectricity producer, will upgrade one hydroaggregat at its Calimanesti plan following an investment of RON 23.69 million.…more »

PM Tudose attacks Enel over storm intervention: “Terrible”

September 18, 2017 17:23

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Romania’s PM Mihai Tudose has criticized the local subsidiary of Italian utility Enel, suggesting that the firm not reconnecting consumers…more »

Property

Zacaria develops the first private industrial park in Craiova

September 22, 2017 13:17

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The construction works on the new business park in Craiova are ongoing and the first 10,000 sqm of industrial space…more »

Horatiu Florescu (Knight Frank): I’m working on a couple of big transactions around Expozitiei

September 22, 2017 12:40

0 comments BR Exclusive

The Expozitiei area in Bucharest will register a surge of developments in the office segment, according to Horatiu Florescu, the…more »

Going Out

This weekend in Bucharest: Bounty Fair#28

September 21, 2017 12:31

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Bounty Fair#28, the autumn edition, will take place during Saturday and Sunday at Casa Universitarilor from 10 AM to 8…more »

This weekend in Bucharest: Creative Fest

September 21, 2017 12:30

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The biggest urban art and culture festival from Bucharest, Creative Fest will take place this Saturday and Sunday at Romexpo.…more »

Profiles

JLL appoints Mike Atwell as head of Capital Markets for the CEE region and the Czech Republic

September 21, 2017 15:36

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Real estate consultancy JLL has appointed Mike Atwell to lead its capital markets business in the CEE region and in…more »

Key move. Madalina Gogorici appointed manager of labor security and health at Holcim Romania

September 21, 2017 13:06

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Madalina Gogorici joined Holcim Romania in August as manager of labor security and health, a new position that was created…more »

Lifestyle

Repat eye: From killer moving air to planning your daily shower in Bucharest

September 22, 2017 13:43

0 comments BR Exclusive

In our third monthly column reflecting on the Romanian experience from the perspective of a native whose life has primarily…more »

When Morgan Freeman talks to a Romanian woman …

September 14, 2017 22:00

0 comments BR Exclusive

… it becomes viral. If you don’t know what am I talking about, you probably missed the best-viral-wow brand activation…more »

Calendar

This weekend in Bucharest: Enescu Festival

September 21, 2017 11:49

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The last weekend from Enescu Festival comes with beautiful concerts in the program. Friday, from 4:30 PM, the soprano Kristine…more »

Annual Awards Gala by Alianta: Honoring President George W. Bush, Lt. General Frederick ‘Ben’ Hodges, and Professor Dennis Deletant

September 21, 2017 10:01

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The fourth Annual Awards Gala by Alianta, a charity organization established as a nonpartisan alliance of Romanian and American organizations…more »

Testimonials

Opinion: Ten things that keep lawyers awake at night

September 12, 2017 14:04

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In the last decade, the reality of law firms has changed dramatically, and will continue to change at an increased…more »

Photo gallery. How was US Independence Day celebrated in Bucharest

July 05, 2017 10:21

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President Klaus Iohannis, PM Mihai Tudose, the head of anti-graft agency DNA, Laura Codruta Kovesi, alongside Romanian ministers and MPs…more »