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Turnovers of companies in industry up by 17.2 pct in October

Industrial December 12, 2017 11:18 0 comments

The turnovers of companies in industry increased year-n-year by 17.2 percent in October, especially due to the significant growth of turnovers in extractive industry, according to the data of the National Institute of Statistics (INS).…more »

INS: Consumer prices up in November, annual inflation rate up in October by 3.2 pct

News December 12, 2017 10:39 0 comments

Consumer prices went up in November, annual inflation rate increased by 3.2 percent from 2.6 percent in October, due to the food prices increase by 3.88 percent and non-food products prices increase by 4.12 percent,…more »

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Lactalis baby formula recalled globally after salmonella contamination; Romania not yet notified to take action, says Minister Daea

Retail & FMCG December 12, 2017 10:14 0 comments

Popular dairy company Lactalis is recalling its baby milk formula products globally over fears of salmonella contamination. Agriculture Minister Petre Daea says that Romania has not received any official notification to recall Lactalis products from…more »

TPG Group adds Testing Inspection Certification, Krones Romania and Sidma Romania to portfolio of customers

Media & Marketing December 12, 2017 09:19 0 comments

Professional services player TPG Group has announced the addition of three new customers in its portfolio. The group will provide accounting services for Testing Inspection Certification, the local representation of TUV NORD/ TUV HELLAS. For…more »

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Retention of valuable employees, the main HR challenge in 2017

Human Resources December 11, 2017 16:48 0 comments

According to the survey “Trends and challenges in HR for 2017”, carried out by Valoria in collaboration with Business Mark, 60 percent of companies in Romania say that the most important strategic challenge in HR…more »

Four Romanian companies enter Deloitte 2017 Technology Fast 500 EMEA Rankings

News December 11, 2017 16:11 0 comments

Four Romanian companies have entered the Deloitte 2017 Technology Fast 500 EMEA Rankings. The four Romanian companies present in Deloitte 2017 Technology Fast 500TM EMEA Rankings are Trencadis, Tremend, APSISWARE and Qualitance. Now in its…more »

Analysis. Ho ho go: local holidaymakers hit the road for the festive season

Tourism December 11, 2017 15:42 0 comments BR Exclusive

Romanians’ Christmas spending has been on an upward trend in recent years, and in an attempt to secure their piece of the (mince) pie, local travel agents have put together a wide range of packages…more »

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Netflix study reveals Romanian users’ content consumption patterns

Media & Marketing December 11, 2017 15:07 0 comments

Netflix members across the world are creating their own rules when it comes to content consumption, and Netflix prides itself on allowing its users to choose exactly what they like. This year only, users have…more »

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Competition Council investigates 25 banks and non-banking financial institutions and leasing companies

Legal December 11, 2017 15:02 0 comments

Competition Council investigates 25 banks and non-banking financial institutions and leasing companies, as well as professional associations and unions in financial services, and it is one of the biggest actions of the institution. The investigations…more »

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Romanian IT sector valued at EUR 5 bln in 2016

News December 11, 2017 14:40 0 comments

The Romanian IT sector has doubled its revenues in the past six years, and is valued at approximately EUR 5 billion, a survey by Aries Transylvania conducted in collaboration with the Cluj-Napoca City Hall and…more »