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Study: Romania should invest USD 237 bln in infrastructure by 2040

News July 25, 2017 19:37 0 comments

Romania should invest USD 237 billion in its infrastructure by 2040, a study by Global Infrastructure Hub, an initiative backed by G20, shows.  However, according to the survey, should the current trends continue, Romania will…more »

PM Tudose: Creation of FSDI will be made via Parliament

News July 25, 2017 17:31 0 comments

According to Romanian PM Mihai Tudose, the creation of the Sovereign Development and Investment Fund (FSDI) will be adopted by the Romanian Parliament, as it is a very important project.  “It will be adopted via…more »

Dedeman owners to buy three instead of five AFI Park office buildings

News July 25, 2017 16:09 0 comments

Dedeman owners, brothers Dragos and Adrian Paval, will no longer purchase the five buildings included in the AFI Park project. Instead, they will only buy the first three buildings, Africa Israel announced. AFI Europe announced…more »

Entersoft Romania records 25 pct turnover hike in H1

IT July 25, 2017 15:58 0 comments

Entersoft Romania registered an increase in turnover by 25 percent in the first semester of the year and the sales exceeded EUR one million. Moreover, the IT company added more corporate customers in this period.…more »

Hans Klemm

Hans Klemm: Purchase of Patriot missiles by Romania has profound impact

News July 25, 2017 15:35 0 comments

According to US Ambassador to Romania Hans Klemm, Romania’s purchasing Patriot missiles has a profound impact and will contribute to the defence of neighbouring countries and NATO as a whole.  At the beginning of the…more »

PM Tudose: Solidarity tax is scrapped, we can forget about it

News July 25, 2017 15:04 0 comments

The proposed solidarity tax will not be implemented, Romanian PM Mihai Tudose announced on Tuesday.  The solidarity tax “can be considered discussed and forgotten,” Tudose told the press. According to Tudose, the money collected was…more »

Alevia opens a new production space following an investment close to EUR 2 mln

News July 25, 2017 14:40 0 comments

Alevia, the Romanian company specialized in food supplements and teas, finished the works for a new work space, following an investment close to EUR 2 million. Based on this extension and production space expansion, the…more »

Analysts: Romania ranks first among world frontier markets as returns exceed 40 pct

Stock Exchange July 25, 2017 13:56 0 comments

Romania ranks first among world frontier markets, considering the growth returns that exceed 40 percent year to year date, according to the Bucharest Stock Exchange. Romania’s equity market is profiting from the positive macro backdrop.…more »

Financial analysts of CFA Romania estimate a depreciation of the RON in the next 12 months

News July 25, 2017 13:51 0 comments

The financial analysts of CFA Romania estimate a depreciation of the RON in the next 12 months, up to a median value of RON/EUR 4.6 and an inflation rate of 2 percent, according to a…more »

Romanian entrepreneur story. Anita Panait&Nicoleta Tilinca: “KOON is about fighting for a big dream”

Interviews July 25, 2017 13:39 0 comments

With experience in journalism and PR on Anita’s side and sales and marketing on Nicoleta’s side, KOON is a strong, dynamic and creative full services events and HORECA consultancy. BR met with the two entrepreneurs…more »