Business - Business Review

Business

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…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, after the completion of second phase of the remodelling process undertaken by Austrian real estate…more »

Two Romanian ministers investigated by anti-graft prosecutors in case involving transfer of state assets

Legal September 22, 2017 16:01 0 comments

Romania’s deputy PM and minister of defense Sevil Shhaideh and the minister delegate for EU funds, Rovana Plumb, are investigated by the National Anticorruption Directorate (DNA) in a case involving the transfer on an island…more »

Zacaria develops the first private industrial park in Craiova

Industrial September 22, 2017 13:17 0 comments

The construction works on the new business park in Craiova are ongoing and the first 10,000 sqm of industrial space will be delivered by the end of the year,  said the real estate developer Zacaria.…more »

President Iohannis cancels official visit in Ukraine over adoption over controversial education law

Legal September 22, 2017 13:06 0 comments

President Klaus Iohannis said that following the adoption of the education law in Ukraine, which restricts teaching in national minorities’ language, he canceled his scheduled visit from October, communicating this directly to president Petro Porosenko,…more »

posta romana

Posta Romana invests RON 2.5 mln in offices upgrades in Focsani and Iasi

News September 22, 2017 10:35 0 comments

State-owned post operator Posta Romana finished the upgrade works in Focsani and Iasi following an investment of RON 2.5 million. “The interim head of the company prioritized the upgrading plan of buildings for 2017, so…more »

OLX launches campaign for Mother and Child category

Media & Marketing September 22, 2017 09:26 0 comments

OLX, the biggest online classifieds platform in Romania, launches the campaign #BebeBine, through which it awards the mothers using the website, with an allowance of RON 10,000. In order to take part in the draw,…more »

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

News September 21, 2017 16:01 0 comments

The furniture producer from Prahova, Lemet, continues the investments in the stores network Lem’s and opens two new stores in Piatra Neamt and in Baia Mare, reaching an investment of RON 1.7 million and a…more »

Fondul Proprietatea

Fondul Proprietatea gets close to RON 400 mln from 2.5 pct stake sale in OMV Petrom

Stock Exchange September 21, 2017 13:08 0 comments

Fondul Proprietatea got close to RON 400 million from selling a 2.5 percent stake in Austrian oil major OMV Petrom. “As the shares price was established at RON 0.2750/share, the gross revenues from the transaction…more »

Biz magazine hosts awards gala for 18th anniversary

Media & Marketing September 21, 2017 12:27 0 comments

In the presence of over 200 de top managers from companies, entrepreneurs, culture people and innovators in various fields, the Biz magazine team awarded last night, during the Gala celebrating 18 years of activity, 21…more »