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andrew prelea

Vast Resources buys remaining stake in Manaila mine

Business March 24, 2017 14:16 0 comments

Vast Resources has bought the remaining 49.9 percent of the shares from the mine in Manaila, Suceava county, becoming the sole owner of Sinarom Mining Group SRL. After the transaction completion, the further sum invested…more »

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Arcelik to hire 4,000 at its new factory in Ulmi, Dambovita county

Business March 24, 2017 13:07 0 comments

Turkish group Arcelik will hire 4,000 people at its new factory in Ulmi, Dambovita county. The group will invest around EUR 200 million in the factory, which will make wash machines, dish washing machines and…more »

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ANCOM president Catalin Marinescu steps down

Business March 24, 2017 12:28 0 comments

National Authority for Administration and Regulation in Communications (ANCOM) head Catalin Marinescu stepped down in order to take on a position in the same field with an international institution, representatives of the institution announced. Catalin…more »

liviu dragnea and sorin grindeanu

Romania’s government plans simplified acquisitions bill for strategic sectors

Legal March 24, 2017 11:54 0 comments

The new draft bill that would regulate the strategic acquisitions of the state in key sectors such as large infrastructure and defense is close to completion and will be put up for debate in the…more »

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Romanian PM Grindeanu sends letter of condolences to British counterpart Theresa May

Business March 24, 2017 11:46 0 comments

Romanian PM Grindeanu sent a letter of condolences to his British counterpart Theresa May, expressing solidarity with the British people and condolences to the families of the victims of the London attack. The Romanian government…more »

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IT&C distributor Network One Distribution rents warehouse space in CTPark Bucharest West

Business March 24, 2017 10:54 0 comments

IT&C distributor Network One Distribution (NOD), owned by eMAG's Iulian Stanciu, rented a warehouse space in CTPark Bucharest West of over 30,000 square meters. NOD is conducting operations on the Romanian market and that of…more »

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Clinical studies take too long to be approved in Romania, study says

Business March 24, 2017 07:00 0 comments

Clinical studies take too long to be approved in Romania, a study made by KPMG for the Romanian Association of International Drug Manufacturers (ARPIM) and Association of Companies that Coordinate Clinical Studies in Romania (ACCSCR)…more »

Autograf Sun Plaza

Vector opens fifth Autograf store in Sun Plaza

Retail & FMCG March 23, 2017 16:35 0 comments

Vector, one of the key players in the office suppliers industry from Romania, opened on March 23 the fifth Autograf store in Sun Plaza commercial center from Bucharest.  The store from Sun Plaza has a…more »

PROFI Vadastrita Loco

Profi retailer expands network, reaches 531 stores across Romania

Retail & FMCG March 23, 2017 16:25 0 comments

Retailer Profi has opened new stores in Predeal, Bacau, Stulpicani, Iancu Jianu and Vadastrita, reaching 531 units across Romania.   The store from Predeal is opened in City format and is the 19th one opened in…more »

gabriel-sicoe

Key move. Gabriel Sicoe is the new president of ACAROM

Auto March 23, 2017 16:15 0 comments

Gabriel Sicoe is the new president of The Romanian Car Makers Association (ACAROM), starting March 22. He is replacing Constantin Stroe, who passed away in December 2016. Sicoe was a close collaborator of Stroe and…more »