Business - Business Review

Business

"protests bucharest january 2017"

VIDEO. Tens of thousands of Romanians, including president Iohannis, protest over draft pardon bill, amendments to Penal Code

Legal January 22, 2017 20:33 0 comments

Up to 30,000 people attended a protest in the center of Bucharest, on Sunday evening, while other several thousands protesters gathered in other Romanian cities and abroad, to express their anger at the government’s plan…more »

Alexandra Iavorschi, managing director of Starcom MediaVest Group

EEFIE 2017 Organization Committee in Romania has been selected

Media & Marketing January 22, 2017 09:00 0 comments

The elections for the EFFIE Romania 2017 Organization Committee took place during the joint IAA Romania – UAPR General Assembly, on January 19.  The new members, who were selected following a secret vote, are tasked…more »

big_vizita_de_stat_a_presedintelui_republicii_federale_germania_domnul_joachim_gauck_16

Romanian-German economic relations thrived in 2016 spurred by legal stability

Business January 22, 2017 08:00 0 comments

Romanian-German economic relations continued to grow in 2016, backed by legal stability, the Romanian-German Chamber of Commerce and Industry said in a press release. Trade between the two countries increased to over EUR 24 billion…more »

MetroPunct

M&A alert. Metro Group sells four Real hypermarkets in Romania

Retail & FMCG January 20, 2017 16:17 0 comments

German Metro Group has sold the four Real hypermarkets that it still owned in Romania, five years after selling 20 Real stores to Auchan. The stores were bought by Cyprus-based Terazone Enterprises Limited, according to…more »

"mihai marcu medlife"

M&A. MedLife buys operator of eight medical centers in Romania

Business January 20, 2017 15:53 0 comments

Private healthcare services provider MedLife announced on Friday the purchase of a majority stake (80 percent) in medical services company Almina SRL, which operates eight medical centers in Dambovita and Ilfov counties. Almina SRL has…more »

klaus iohannis sedinta guvern

Iohannis backs swift withdrawal of controversial draft bills on judiciary

Legal January 20, 2017 15:33 0 comments

The Emergency Ordinance projects regarding the pardon and amendments to the Penal Codes are unacceptable and seem to be made to serve certain interests, warned president Klaus Iohannis, suggesting that the center-left government led by…more »

neculai-banea

Neculai Banea, ex-state secretary with Economy Ministry, appointed IAR SA general director

Airlines January 20, 2017 12:30 0 comments

Neculai Banea was appointed yesterday general director at IAR SA, the aeronautical enterprise of Romania, after he left his position in the Economy Ministry as state secretary, the institution subordinated to the company, according to…more »

automobile sales

Autovit.ro analysis: Second hand auto market posts high growth in 2016

Business January 20, 2017 12:28 0 comments

The Romanian auto market recorded growth in 2016, with sales in both new and used cars exceeding the figures posted in the past six years, a study by Autovit.ro shows. The study combined both public…more »

ADCRO-NewMembers

Art Directors Club Romania grows by 19 new members

Media & Marketing January 20, 2017 11:06 0 comments

Nineteen representatives of the Romanian advertising industry are joining Art Directors Club Romania in 2017. They are as follows: Andy Daniluc - Founder & Creative Director Cake, Bogdan Vintila - Group Creative Director Graffiti BBDO,…more »

bogdanchiritoiuconsiliulconcurentei_b

Chiritoiu: CFR Marfa has the Damocles sword over its head, risks to be bankrupted

Business January 20, 2017 11:01 0 comments

The European Commission might consider that the cancelling of the debt of CFR Marfa, the freight carrier  of the state railway company by the Romanian state as an illegal state aid, in which case CFR…more »