News - Business Review


Lidl to reach 160 local stores by February 2013

News October 19, 2012 08:31 0 comments

German discounter Lidl opened two stores in Bucharest and Oradea last week, taking its local chain to 148 outlets. Another 12 branches will be opened by the end of February 2013, confirmed Georgiana Tugearu, PR…more »

Voestalpine opens EUR 20 mln steel processing center in Giurgiu

News October 18, 2012 15:40 0 comments

Voestalpine Steel Service Center Romania, part of the Austrian group Voestalpine, opened a steel processing center in Giurgiu, following a EUR 20 million investment. The construction of the center was started in 2010 and was…more »

Samsung plans solar investments in Romania

Green & Renewables October 17, 2012 13:58 0 comments

South Korean group Samsung looks at building two photovoltaic parks in Romania, in the Giurgiu County, south of Bucharest, said today Park Robyug, ambassador for energy and resources at the South Korea Ministry for Foreign…more »

State aid framework is in place. IT&C companies can now apply

News October 08, 2012 09:10 0 comments

In an announcement posted on the website of the Ministry of Public Finances, companies can apply for state aid starting with October 1. This applies to those investments that promote new technologies and create at…more »

EC official urges reform of Romanian state companies

News October 08, 2012 06:32 0 comments

Joost Kuhlmann, the head of the Finland, Bulgaria and Romania section in the European Commission highlighted the need for the reform of Romanian state companies. The statement was made at the 2012 Economic Forum organized…more »

Regia Maria opens Baneasa Hospital with EUR 7mln investment

News October 03, 2012 09:53 0 comments

Private healthcare chain Regina Maria announced the inauguration of the Baneasa Hospital, dedicated to women and children, following an investment of EUR 7 million. The hospital is a Greenfield construction on 7 levels, with a…more »

Infineon invested since 2005 in Romania EUR 100mln in fixed assets and personnel

IT October 01, 2012 13:12 0 comments

Infineon Technologies announced it invested in excess of EUR 100 million into personnel and fixed assets during its seven years of activity in Romania. The company employs more than 250 Romanian engineers and has a…more »

Electrica SA

Romania tries to keep power generation projects going

Green & Renewables October 01, 2012 10:06 0 comments

As the country seeks to attract investors for major energy projects such as two nuclear reactors at Cernavoda and a new large capacity power plant, industry specialist warned that Romania runs the risk of becoming…more »

ReneSola buys 6 MW solar park in Romania

Green & Renewables September 26, 2012 10:45 0 comments

Chinese ReneSola, the global manufacturer of solar panels, entered the Romanian market after the member company ReneSola New Energy fully acquired the share capital of the Romanian company Lucas Est. ReneSola bought a 6MW solar…more »

Eurocopter Romania delivers first Puma Mk2 helicopter to UK Royal Air Force

News September 24, 2012 13:24 0 comments

The Romanian subsidiary of Eurocopter has handed over the first upgraded Puma Mk2 to the UK Ministry of Defense, as part of larger program that will see a total of 20 helicopters modernized by the…more »