Business Review - Romania's Premiere Business Weekly
otp bank

Reuters: OTP to acquire Banca Romaneasca from National…

Hungarian banking group OTP reached a deal to acquire the Romanian subsidiary of National Bank of Greece (NBG), Banca Romaneasca,…

commercial deficit trade deficit

Finance Ministry: Romania is within budget deficit target…

The Ministry of Finance says that Romania is within the budget deficit target in 2017, under 3 percent of GDP,…

Orbis Hotel Group rejects Continental Hotels takeover media…

Orbis Hotel Group, which manages several hotels in Romania, rejects reports published in the media about a potential takeover of…

Vodafone Romania’s revenues up by 2.9 pct to…

Vodafone Romania’s revenues up by 2.9 percent to EUR 178.6 million in the first fiscal quarter , compared to same…

Toyota Hybrid and Lexus record 88 pct of…

In the first semester of this year the green cars segment of Romania tripled. The result is mainly due to…

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LATEST NEWS

PRIMER: Current clawback mechanism jeopardizes patients’ access to drugs produced in Romania

drugs
Pharma July 21, 2017 16:19 0 comments

The clawback tax, applied to the manufacturers of pharmaceuticals from Romania, doubled in the last 2 years and represents a double taxation system that jeopardizes patients’ access to drugs produced in Romania and the future of an economy with added value that should become of strategic importance for Romania, says the Union of Industrial Producers […]more »

Romania’s anti-fraud head fired and replaced by Daniel Mihai Tudor

Legal July 21, 2017 16:14 0 comments

The Anti-fraud Direction head within ANAF, Marin Marius Florea, was fired and replaced by Daniel Mihai Tudor, according to the…more »

otp bank

Reuters: OTP to acquire Banca Romaneasca from National Bank of Greece

Banking July 21, 2017 15:27 0 comments

Hungarian banking group OTP reached a deal to acquire the Romanian subsidiary of National Bank of Greece (NBG), Banca Romaneasca,…more »

Business

drugs

PRIMER: Current clawback mechanism jeopardizes patients’ access to drugs produced in Romania

July 21, 2017 16:19

0 comments

The clawback tax, applied to the manufacturers of pharmaceuticals from Romania, doubled in the last 2 years and represents a…more »

Romania’s anti-fraud head fired and replaced by Daniel Mihai Tudor

July 21, 2017 16:14

0 comments

The Anti-fraud Direction head within ANAF, Marin Marius Florea, was fired and replaced by Daniel Mihai Tudor, according to the…more »

Investments

Analysis. Utilities in Romania boost investments to cater for digital client

July 19, 2017 08:00

0 comments BR Exclusive

With the liberalization of electricity prices for Romanian households set to be completed this year, utilities are investing in new…more »

FDIs in Romania lower by 13 pct in the first five months of this year to EUR 1.44 bln

July 14, 2017 16:11

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The foreign direct investments (FDIs) in Romania were lower by 13 percent in the first five months of this year…more »

Money

otp bank

Reuters: OTP to acquire Banca Romaneasca from National Bank of Greece

July 21, 2017 15:27

0 comments

Hungarian banking group OTP reached a deal to acquire the Romanian subsidiary of National Bank of Greece (NBG), Banca Romaneasca,…more »

commercial deficit trade deficit

Finance Ministry: Romania is within budget deficit target in 2017

July 21, 2017 15:21

0 comments

The Ministry of Finance says that Romania is within the budget deficit target in 2017, under 3 percent of GDP,…more »

Tech

Vodafone Romania’s revenues up by 2.9 pct to EUR 178.6 mln in first fiscal quarter

July 21, 2017 11:53

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Vodafone Romania’s revenues up by 2.9 percent to EUR 178.6 million in the first fiscal quarter , compared to same…more »

Cosmos Group invests EUR 80,000 in repair center IQFix

July 20, 2017 16:39

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Cosmos Group, one of Romania’s top telecom industry companies, has launched IQFix, a convenient and fast service point for mobile…more »

Energy

M&A alert. Transeastern Power to pay EUR 23 mln to OMV Petrom for Dorobantu wind farm

July 20, 2017 18:21

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Austrian oil major OMV Petrom has inked a deal to sell its Dorobantu wind farm to Transeastern Power B.V. –…more »

SOCAR has opened the second gas station from Timis, reaches 38 units across Romania

July 19, 2017 17:00

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Azeri oil company SOCAR has opened the second gas station from Timis county, in Ghiroda locality, reaching 38 units at…more »

Property

The outlook for the Real Estate market in 2017 in Business Review’s latest industry guide

July 21, 2017 12:23

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Business Review’s latest Real Estate Guide reveals that the first semester of 2017 has been a positive one for the…more »

Alpha Real Estate Services sells apartments worth EUR 20 mln in H1

July 21, 2017 11:31

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Alpha Real Estate Services, the real estate services division of Alpha Bank group, sold 202 apartments from its portfolio in…more »

Going Out

Seven reasons to visit Cluj-Napoca

July 21, 2017 09:00

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Bucharest is the political, economic and cultural center of the country. But Romania’s second largest city, Cluj-Napoca, could be your…more »

This weekend in Bucharest: BIAS 2017

July 20, 2017 10:00

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A new edition of “Bucharest International Air Show & General Aviation Exhibition” (BIAS) will take place on July 22 on…more »

Profiles

Cushman & Wakefield Echinox expands industrial department

July 20, 2017 11:42

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Real estate consultancy Cushman & Wakefield Echinox is consolidating its industrial department. The firm has recruited Anamaria Tihu (left of…more »

ANAF head Bogdan Stan fired, replaced by Mirela Calugareanu

July 18, 2017 16:31

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The prime-minister Mihai Tudose decided to replace Bogdan Stan from his position as head of National Fiscal Administration (ANAF) with…more »

Lifestyle

Seven reasons to visit Cluj-Napoca

July 21, 2017 09:00

0 comments

Bucharest is the political, economic and cultural center of the country. But Romania’s second largest city, Cluj-Napoca, could be your…more »

M&A alert. Sodexo takes over Romanian 7card operator

July 18, 2017 13:26

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Sodexo, the provider of benefits & rewards services, has become the majority shareholder of Benefit Seven, the Romanian company which…more »

Calendar

Timeshift kicks off on Thursday. Can it put Bucharest on Romania’s festival map?

July 19, 2017 16:31

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Although it certainly has its share of events catering to the most diverse of tastes, Bucharest is lagging behind other…more »

Infographic: brand experiences at Electric Castle

July 12, 2017 21:22

0 comments BR Exclusive

It’s mid-July so it’s Electric time. Of course, with rain and mud and everything, as previously experienced here. But we…more »

Testimonials

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 »

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 »

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