News - Business Review


Alexandrion Group plans USD 100 mln distillery in State of New York

News July 07, 2017 16:26 0 comments

Alcoholic beverages maker Alexandrion Group will build in the State of New York a distillery that will require an investment of around USD 100 million, according to Nawaf Salameh, the president of the group. Salameh…more »

Authorities to tender EUR 820 mln Craiova-Pitesti express road project

Constructions July 07, 2017 09:43 0 comments

The National Company for the Administration of Road Infrastructure (CNAIR) has submitted the documents needed to start the acquisition process for construction works of the express road linking Craiova and Pitesti cities. The whole project…more »

Magnificus Plaza to invest EUR 1 mln in first events room in franchise system

News June 27, 2017 14:26 0 comments

Magnificus Plaza will open the first events room in franchise system in May 2018 and its investment is worth EUR 1 million. The project will be located in Suceava city, at around 6 km of…more »

Nokia boosts R&D operations in Timisoara

News June 21, 2017 09:09 0 comments

Technology firm Nokia says it will hire another 300 people in Romania, out of which 100 will be in the research and development (R&D) division, as the company looks to boost its operations in Timisoara,…more »

Prysmian opens new plant in Slatina, following EUR 25 mln investment

News June 15, 2017 16:34 0 comments

Prysmian Group, the player in the energy and telecom cable systems industry, inaugurated its largest optical cable plant in Europe located in Slatina, after making a EUR 25 million investment, part of its global 3-year…more »

US ambassador Klemm: Some 90 percent of Romanians who apply for a visa receive it

News June 14, 2017 17:09 0 comments BR Exclusive

The US ambassador to Romania, Hans Klemm, said that president Klaus Iohannis spoke with his US counterpart Donald Trump about the inclusion of Romania in the Visa Waiver program. “Regarding the visa issue, it was…more »

First Hellenic Forum launches on June 13 in Bucharest

News June 12, 2017 11:23 0 comments Partner Content

Prominent business leaders are expected to exchange ideas and vital concerns as well as the latest information on the sector, during the first edition of the Hellenic REAL ESTATE - CONSTRUCTIONS - MATERIALS - SERVICES…more »

Trump: We support Romania’s anti-corruption efforts and president Iohannis

News June 10, 2017 09:33 0 comments

US president Donald Trump said during a joint press conference with president Klaus Iohannis that the US is strongly supporting Romania’s campaign to clamp down on corruption. “Well, we support very strongly Romania. And therefore,…more »

Japan’s Calsonic to build new plant in Romania

Auto May 30, 2017 12:17 0 comments

Japanese Calsonic Kansei will start the construction of a new plant near the Romanian city of Ploiesti, where the company already has a manufacturing unit since 2006. This is will be greenfield investment in the…more »

"magurele facility"

Magurele-based ELI-NP project enters testing phase

News May 29, 2017 09:26 0 comments

The Extreme Light Infrastructure – Nuclear Physics (ELI-NP) project, implemented at Magurele, near Bucharest, has entered the first testing phase, according to Prof. Dr. Nicolae-Victor Zamfir, the director of the project. ELI-NP is a EUR…more »