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How will Romania’s EUR 10 bln planned sovereign wealth fund actually work?

News February 17, 2017 10:26 0 comments

As the center-left government led by Sorin Grindeanu has initiated the legal procedures for the creation of Romania's first sovereign fund, the head the Social Democratic Party, Liviu Dragnea, suggested that the country might copy…more »

Romania Oil & Gas Summit

Black Sea Oil and Gas could start offshore gas production in Romania in 2019

News February 16, 2017 15:50 0 comments

Black Sea Oil & Gas (BSOG), owned by Carlyle International Energy Partners, could start the gas production from one of its concessions in the Black Sea in 2019, but this target depends on the approval…more »


FDI to Romania climbs to 8-year high of EUR 4 bln in 2016

Country Investment Reviews February 13, 2017 14:43 0 comments

The amount of foreign direct investments in Romania reached close to EUR 4.1 billion in 2016, which was an increase of 18 percent year-on-year, according to data by the National Bank of Romania (BNR). Last…more »

bucharest subway

Romanian authorities to start land expropriations for Subway 6 to Otopeni

News February 01, 2017 11:37 0 comments

The Subway Line 6, section 1 Mai-Otopeni, is a priority for the current government and the land required for the development will be expropriated after the adoption of a Government decision, says the Transports Ministry.…more »

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Vast Resources secures USD 8 mln in fresh funding – to focus investments on Romaia

News January 31, 2017 16:16 0 comments

The British mining company Vast Resources has attracted USD 8 million in fresh funds, most of which will be directed to the mines it owns and manages in Romania. The company listed at the London…more »

Mandatory Credit: Photo by John Edward Linden / Arcaid / Rex Features ( 633612a )

ECHR: More Romanians complained about jail conditions in 2016

News January 27, 2017 07:30 0 comments

Complaints on detention conditions in Romania, Hungary and Turkey caused a surge in the volume of incoming cases to the European Court of Human Rights (ECHR) in 2016, the court's president Guido Raimondi announced today…more »

Campus 6, Cladirea 1

Skanska invests EUR 37.8 in first phase of Campus 6 offices

News January 19, 2017 16:41 0 comments

Construction company Skanska has started the development of Campus 6, the office project Campus 6 from the center-western part of  Bucharest, near the Polytechnics University. The required investment for the first building amounts to  EUR…more »

Interior Galeriile Lafayette

Romanian fashion brand Murmur makes Paris debut at Lafayette Galleries

News January 19, 2017 12:15 0 comments

Romanian fashion brand Murmur will make its debut in Paris, at the Lafayette Galleries. The products will be sold in a pop-up store that features several brands invited at the 2017 Salon International de la…more »


Continental puts EUR 12 million in expanding Timisoara-based plant

Auto January 16, 2017 15:30 0 comments

Car parts maker Continental announced that year it will expand again the electronics items factory from Timisoara that produced in 10 years of activity 60 million units (finished electronics items). The investment is worth EUR…more »

"florin jianu"

Romania to exempt firms doing R&D from profit tax, to redefine tax regime for microenterprises

Legal January 06, 2017 18:00 0 comments

The government approved on Friday amendments to Romania’s Fiscal Code, changing the taxation regime for microenterprises and offering certain fiscal facilities for companies that are focusing on research & development (R&D) activities. According to the…more »