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INS: Romanian managers expect across-the-board growth through to June

News April 28, 2017 14:27 0 comments

Romanian managers expect business to grow in all economic sectors between April and May, an increase in the number of employees in constructions and a moderate growth of prices in constructions and retail trade, according…more »

German B.Braun plans greenfield investment in Romania

News April 11, 2017 13:09 0 comments

German B. Braun, the producer of medical devices and pharmaceuticals and supplier of dialysis services, plans to expand its operations in Romania, according to the Ministry for Business Environment, Trade and Entrepreneurship. At present, the…more »

Huawei launches EUR 10 mln enterprise global service center in Romania

News April 04, 2017 09:29 0 comments

Chinese telecom giant Huawei has launched a new Global Service Center in Bucharest, following an investment of EUR 10 million. The center comprises four units: technical support, remote delivery, network operation, and marketing and channel…more »

Canada’s ambassador: All Romanian citizens can travel to Canada without visas starting December 1

News March 30, 2017 16:24 0 comments

Romanians who own a valid visa for USA or received a visa for Canada in the last 10 years will travel to Canada without visa from May 1 and from December 1 all citizens will…more »

Romania’s minister of economy talks with General Dynamics, Bell Helicopter and Boeing about defense projects, investments

News March 30, 2017 09:31 0 comments

Mihai Tudose, the minister of economy, met with a delegation of American companies General Dynamics, Bell Helicopter and Boeing to discuss about potential investments in the country. The minister said the identified development opportunities of…more »

Romania fiscal risk at level from 2008, says economist Dan Bucsa (UniCredit)

Finance March 29, 2017 15:16 0 comments

Romania is currently registering one of the highest fiscal risks in the Central and Eastern Europe and the situation of the local economy bears similarities to the figures that were recorded before the start of…more »

Germany attracted 20 percent of Romania’s total exports in 2016

News March 28, 2017 15:28 0 comments

Romania’s imports from Germany amounted to EUR 13.8 billion (+10.5 percent), while Romania’s exports to Germany amounted to EUR 12.3 billion (14.6 percent) in 2016, accounting for 20 percent of Romanian exports, according to the…more »

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 »