News - Business Review



Hidroelectrica estimates profit of RON 1.13 bln for next year

News October 23, 2017 11:59 0 comments

Romanian energy producer Hidroelectrica forecasts a profit of RON 1. 13 billion and a total revenue of RON 3.31 billion for next year. For this year the company estimated a net profit of RON 992.…more »

Timis County greenhouse opens after EUR 2.5 mln investment

Agriculture October 20, 2017 17:00 0 comments

A new greenhouse was inaugurated in Timis County this Thursday following an investment of EUR 2.5 million. This is the largest greenhouse in Romania opened in the past 12 years. The greenhouse is located in…more »

EIB finances BRUA pipeline with EUR 50 mln worth loan

News October 20, 2017 16:28 0 comments

The European Investment Bank (EIB) provided a loan of EUR 50 million to Transgaz to finance the first phase of the Bulgarian-Romanian-Hungarian-Austrian (BRUA) pipeline. According to the Bucharest Stock Exchange (BVB), the BRUA topic will…more »

US ambassador Klemm, on Trade Winds Forum launch in Bucharest: Romania offers an investment climate that is increasingly favorable

Country Investment Reviews October 19, 2017 15:56 0 comments

The US ambassador to Romania, Hans Klemm, said during the launch of the Trade Winds Forum in Bucharest, that “there is no stronger partner for the United States in this part of the world than…more »

Pizza Hut Delivery to open new unit in Bucharest

News October 19, 2017 14:24 0 comments

Pizza Hut Delivery opens a new unit this week in Dinicu Golescu area. This is the second location in the first district of Bucharest. The restaurant chain reaches now 17 unities in Romania and 20…more »

Minister Misa: World Bank will finance Ploiesti-Brasov highway

Constructions October 19, 2017 11:17 0 comments

Romanian Minister of Finance Ionut Misa was recently in Washington where he announced that the World Bank will start its first technical mission regarding Ploiesti-Brasov highway on October 30. The Ploiesti-Brasov highway is part of…more »

Stradale restaurants to expand outside Bucharest

News October 18, 2017 14:19 0 comments

The Stradale restaurant chain decided to expand outside Bucharest. The first restaurant will open in Cluj-Napoca next year and it will require an investment of EUR 300,000. The new Stradale restaurant's surface will measure 700…more »


Ikea will expand in Romania by 2020-2021

News October 18, 2017 14:16 0 comments

Ikea announced on Wednesday that they’re finally authorized to begin the construction of their second store in Bucharest. The company previously announced that the second store will be constructed by Bog’Art entrepreneur with and investment…more »

Romanian Post

Romanian authorities discuss with EIB officials about Posta Romana

News October 18, 2017 11:05 0 comments

Officials of European Investment Bank (EIB) in Romania met on Tuesday with the minister of communications and information society, Lucian Sova and the interim director of Posta Romana (CNPR) Elena Petrascu, to discuss the establishment  …more »

Allmetech Tools & Machines to invest EUR 500,000 in production segment expansion

News October 18, 2017 10:13 0 comments

Romanian Allmetech Tools & Machines, the metalworking consultancy, will invest EUR 500,000 to expand its presence in the production segment. The Iasi-based company has implemented projects worth EUR 15.3 million to date mainly for customers…more »