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Carrefour finishes the remodeling process for Billa Romania stores

Retail & FMCG September 25, 2017 15:44 0 comments

Carrefour announces the finalization of remodeling process for Billa Romania stores, ending a process that took 7 months. The remodeling process closed on September 21 with the transformation of the last four stores in Bucharest…more »

1 pct of Romanian companies generate over 60 percent of national turnover

News September 25, 2017 15:23 0 comments

The report on the distribution of world wealth, according to which 1 percent of the population holds more wealth than the remaining 99 percent is also replicated in the Romanian economy, according to a study…more »

Minister Laufer: Public-private partnership draft bill to be adopted until year-end

News September 25, 2017 14:23 0 comments

The public-private partnership draft bill will be adopted for sure until the end of the year and will be approved including as bankable draft bill, said Ilan Laufer, the minister of business environment. "Romania offers…more »

Fashion Days posts a turnover of RON 119 mln in Romania in the first eight months of the year

Retail & FMCG September 25, 2017 13:34 0 comments

Fashion Days posts a turnover of RON 119 million in Romania in the first eight months of the year, by 70 percent higher than the same period of 2016. At the group level, in Romania,…more »

Jidvei launches online store for exclusive wine ranges

News September 25, 2017 12:53 0 comments

Jidvei, the largest wine producer in Romania, has launched an online shop for its exclusive wine ranges Owner’s Choice and Mysterium, which were previously available only in speciality shops and in restaurants.   “The wine sector…more »

Romania’s economic growth

Romania’s CFA indicator: Macroeconomic trust down for the third month in row, analysts anticipate RON depreciation

News September 25, 2017 12:38 0 comments

The macroeconomic trust indicator of CFA Romania, calculated based on the estimation of organization’s members, dropped in August compared with the previous month at 50.7 points, by 9 points lower than the value from the…more »

Eturia estimates turnover growth by 35 pct this year up to EUR 11 mln

Tourism September 25, 2017 11:55 0 comments

The tour-operator Eturia, specialized in exotic holidays, estimates for this year a turnover of EUR 11 million, a growth by 35 percent compared with 2016, said in an interview Sorin Stoica, the co-owner of the…more »

Energy minister: 10 pct of Hidroelectrica is listed on BVB

News September 25, 2017 11:15 0 comments

Energy minister Toma Petcu, said this Saturday in Alba Iulia that he had announced the Government last week regarding the listing of 10 percent of Hidroelectrica shares on the Bucharest Stock exchange (BVB), and the…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 »

M&A alert. Bittnet buys GECAD NET in expansion move

IT September 22, 2017 14:14 0 comments

Romanian Bittnet, the provider of IT training and integration services, has taken over GECAD NET, which specializes in the sale and implementation of software applications, for an undisclosed sum. Following the acquisition, Bittnet aims to…more »