News - Business Review


"gabriela firea corina cretu"

Bucharest municipality has EUR 2.3 bln in EU money allotted through to 2020

News September 09, 2016 11:00 0 comments

The European commissioner for regional policy, Corina Cretu, says that the Bucharest municipality has billions of euros at its disposal for major infrastructure investments in the Romanian Capital. The mayor of Bucharest Gabriela Firea has…more »

"upc romania car fleet"

UPC Romania, in car fleet lease deal with OTP Leasing, Business Lease

Auto September 07, 2016 11:48 0 comments

Telecom operator UPC Romania, owned by Liberty Global, has leased a fleet of 170 new vehicles comprising Ford and BMW cars. The vehicles were acquired by OTP Leasing Romania and are managed by Business Lease…more »


Vascar to open the first flagship store “Moldova in bucate” at Bacau

News September 06, 2016 16:17 0 comments

Vascar, one of the local producers of meat products and canned food, will open the first store „Moldova in bucate”, in the center of Bacau city, in eastern Romania. The new unit has a surface…more »


PM Ciolos: Future of Constanta port, not linked to Dutch refusal on Romania-Schengen acceptance

News September 02, 2016 10:43 0 comments

PM Dacian Ciolos said that the Dutch officials did not bring into discussion the future of the Constanta port during negotiations for Romania’s acceptance into Schengen space. In the past few years, several rumors have…more »

mihai dima

ANCSI president: Romania needs a growth of 30 pct in R&D budget every year until 2020 to reach the EU target

Finance August 22, 2016 16:10 0 comments

The president of the National Authority for Research & Development (ANCSI), Mihai Dima, said in an interview for that a growth of 30 percent in Romania's R&D budget is needed every year until 2020…more »


ELCEN signs EUR 5.6 mln maintenance contract with General Electric Global Services

News August 22, 2016 14:39 0 comments

Electrocentrale Bucuresti (ELCEN), the energy producer from Bucharest, signed today a service and maintenance contract for a gas turbine with General Electric Global Services GmbH, the service division of General Electric (GE). The deal will…more »

"dorin boerescu"

2Performant Network migrated 2Parale’s entire portfolio on the global platform in EUR 300,000 investment

News August 19, 2016 11:53 0 comments

2Performant Network migrated 2Parale’s entire portfolio on the global platform following an over EUR 300,000 investment. The ecosystem of 50,000 users generating monthly over 50,000 online sales and 5 million clicks was moved with…more »

"ikea forests romania"

IKEA Group buys another 12,800 hectares of forests in Romania, plans further investments

Agriculture August 17, 2016 20:19 0 comments

Swedish IKEA Group has made another investment in the local forestry sector and says that its plans might include further acquisitions on the local market. The furniture retailer has taken over 12,800 hectares of forests…more »

arad-timisoara motorway

Romania to have 1,000 km of motorways in operation by 2018 and new construction rules, says head of road agency

Constructions August 15, 2016 20:42 0 comments

The head of the National Company for Motorways and National Roads in Romania (CNADNR), Catalin Homor, says that the country will have roughly 1,000 km of motorways in operation in the first half of 2018,…more »

"Nicoleta Schroeder UBER"

Uber launches in Cluj-Napoca on August 4

News August 01, 2016 12:47 0 comments

Technology start-up Uber has announced that its app will become available in Cluj-Napoca as of August 4. This is the second city in which the company has rolled out its service, after launching in Bucharest…more »