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Jaak Mikkel_x800_y532

AmCham Romania names new president, board of directors

News March 23, 2017 16:39 0 comments

Jaak Mikkel, the general manager of Coca-Cola HBC Romania, is the new president of the AmCham Romania, the association representing over 400 American, international and local companies. The members of the association have also appointed…more »

romanian CFOs

Most CFOs in Romania expect 2.6 pct growth of GDP this year, says Deloitte survey

Finance March 20, 2017 13:55 0 comments

Most of the Romanian CFOs surveyed by professional services firm Deloitte expect their revenues to increase in the following year, while almost half of them expect the local economy to grow by 2.6 percent of…more »

Sonaca

Sonaca to make Airbus aircraft parts in western Romania following EUR 11.8 mln investment

Airlines March 10, 2017 15:11 0 comments

Belgian aerospace company Sonaca has opened in Cluj county, western Romania, a new plant that will manufacture parts for Airbus A320 aircraft, following a RON 52 million investment. The first production lines at the plant…more »

Tudose_Mihai

Romania’s government might seek IMF advice for sovereign fund

Finance March 09, 2017 13:55 0 comments

The government will work with experts of the International Monetary Fund (IMF) on designing Romania's first Sovereign Fund for Development and Investment (FDSI), according to the minister of economy, Mihai Tudose. Tudose met with an…more »

Amber Gardens 01

Alesonor to invest EUR 12 mln in expansion of Amber Gardens and two new projects in Bucharest

News March 08, 2017 15:17 0 comments

Alesonor, the developer of the green residential project Amber Gardens, will invest EUR 12 million this year to add 21 houses in the complex and to develop two new energy efficient residential projects, targetting the…more »

investments in local economy

Net investments in Romanian economy down by 3.3 pct in 2016

Featured March 08, 2017 11:57 0 comments

The net investments in the Romanian economy went down by 3.3 percent in 2016, compared with 2015 to RON 70.281 billion, according to the data of the National Institute of Statistics (INS). In the last…more »

rsz_sorin_grindeanu_pm

PM Grindeanu says he will “get involved” in fixing massive delays on infrastructure development

Constructions March 07, 2017 11:07 0 comments

Romanian PM Sorin Grindeanu says that the recovery of massive delays on road infrastructure projects development is one of his priorities, although he failed to mention how he will actually work to fix these issues.…more »

Photobooth

Cutia cu poze, photo events inovation and a growing business

News March 06, 2017 13:15 0 comments Partner Content

It is a business born out of passion, commitment and ambition. It all started with a camera and a mediocre printer in a club in Old Center 3 years ago, Catalin managed to develop in…more »

mitsubishi motors

Mitsubishi Motors ponders investment in Romanian plant

Auto March 03, 2017 15:07 0 comments

Japanese car maker Mitsubishi Motors is exploring the option of making a green-field investment of around EUR 200 million in an engine plant in Romania, according to government sources quoted by ProTV. The representatives of…more »

Karin's Kids Academy - Baneasa

Karin’s Kids Academy kindergarten to open in Baneasa area following EUR 4.5 mln investment

Country Investment Reviews March 01, 2017 15:09 0 comments

Karin’s Kids Academy will start operations this September in Baneasa area, northern part of Bucharest, following an investment of EUR 4.5 million. The new kindergarten, located in the forest, has a surface of 10,000 square…more »