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innovation in technology BR Awards

BR Awards Gala 2017: Let’s meet the finalists for the Innovation in Technology award | The story of last year’s winner

Events February 21, 2017 19:49 0 comments

As the 12th edition of Business Review Awards Gala, BR magazine’s flagship event that recognizes the outstanding achievements of the business community, will take place on February 27, we want to put the spotlight on…more »


Main BVB index reaches 9-year high on Tuesday

Stock Exchange February 21, 2017 19:15 0 comments

BET, the main index of the Bucharest Stock Exchange (BVB) reached on Tuesday the highest level from the last nine years, of 7,862 points at 12 PM, registering a growth of 11 percent since the…more »


Less than 10 pct of the 140,000 IT Romanian companies have professional responsibility insurance, says CertAsig

Insurance February 21, 2017 15:04 0 comments

Demand of professional responsibility insurance for developers and IT consultants will be higher this year, given that less than 10 percent of the 140,000 IT Romanian companies that generate turnover of EUR 4 billion annually…more »

Sorin Ovidiu Vantu

Sorin Ovidiu Vintu sentenced to eight years in prison for ponzi scheme fund FNI

Legal February 21, 2017 15:02 0 comments

Controversial businessman Sorin Ovidiu Vintu, who is already in jail, has been sentenced on Tuesday by the  Court of Appeal in Bucharest to eight years in prison for money laundry for the collapse of the…more »

clothes and accessories

Romania exported clothes and accessories worth EUR 2.4 bln in first 10 months of 2016

Business February 21, 2017 12:44 0 comments

Romania exported clothes and accessories worth EUR 2.4 billion in the first 10 months of 2016, 1.2 percent higher than 2015, according to the centralized  data of the National Institute of Statistics (INS). The clothes…more »

Floraria Magnolia

Floraria Magnolia: request of flowers up by 180 percent for Valentine’s Day, Dragobete

Business February 21, 2017 12:38 0 comments

Magnolia flower shop, a major retailer on the Romanian market, posted an 180 percent increase in demand for Valentine’s Day and Dragobete. The flower shop offers its customers the option to order flowers both in…more »

foto energy

Romania among EU states with most significant decline in energy use in 2015

Energy February 21, 2017 11:59 0 comments

The Baltic states, Romania and Bulgaria recorded the most significant decline in the energy consumption in 2015, compared with 1990, shows data published on Monday by the European Statistics Office (Eurostat). In 2015 the energy…more »


PwC study: Higher salary increases in private sector in 2017 than initially estimated

Business February 21, 2017 11:52 0 comments

The average salary increases budgeted in the private companies for 2017 are higher than those initially estimated, according to the data of the PwC study HR Barometer, an update of the information included in the…more »

NN Asigurari

NN Asigurari de Viata’s turnover up by 5.2 pct in 2016 to RON 661.7 mln

Insurance February 21, 2017 11:43 0 comments

The premium insurance subscriptions of NN Asigurari de Viata went up by 5.2 percent in 2016 to RON 661.7 million, according to the data announced on Tuesday by the company. In addition, the gross profit…more »


Paris Arbitrage Court orders E.ON to pay RON 4 mln to Romanian state

Energy February 21, 2017 10:30 0 comments

The Paris Arbitrage Court has ruled out that German utility E.ON, an important gas supplier on the local market, has to pay RON 4 million and interest to the Administration Company of Energy Shares (SAPE),…more »