News - Business Review

News

Opinion: Time to STEP into Romania?

News December 17, 2012 11:59 0 comments BR Exclusive

Romania has much reason to boast and celebrate since the fall of Communism just 23 short years ago. In that time, the country has thrown off a command economy, become a member of NATO, joined…more »

Rosia Montana regional mining referendum invalidated

News December 11, 2012 10:09 6 comments

The mining referendum carried out on December 9 in 35 localities within the Apuseni region was invalidated, due to insufficient turnout as only 43.2 percent of the people casted their ballots, although more than half…more »

Romania to hold local referendum in Alba County on Rosia Montana gold project

News December 07, 2012 14:33 0 comments

Update:  The referendum had a turnout of 37 percent by 18:00 on Sunday. Over 13,000 people casted their ballots, according to Antena 3, a private broadcaster. The highest turnout was registered in Rosia Montana locality.…more »

FIC president calls for more predictability in Romania

Finance November 28, 2012 09:32 0 comments

Steven van Groningen, president of the Foreign Investors Council (FIC), stated on Tuesday that Romania needs more predictability in the economy and legal system, adding the government has to become a more efficient administrator. "What…more »

Jure Mikuz, RSG Capital: “We first look at the DNA of the company”

News November 27, 2012 13:47 0 comments BR Exclusive

Jure Mikuž is managing director and partner at RSG Capital, a venture capital management company from Slovenia, whose portfolio includes investments such as Celtra ( which enables scalable rich media mobile advertising across native apps…more »

Innova Capital, EBRD buy controlling stake in Romanian EnergoBit

Green & Renewables November 26, 2012 17:40 0 comments

Central European private equity fund Innova Capital acquired a majority in the EnergoBit Group, a Romanian supplier of services and equipment for electrical networks to the power sector, for an undisclosed sum. The EBRD also…more »

Romania’s agriculture needs national strategy for future growth, urge players

Agriculture November 26, 2012 04:59 0 comments BR Exclusive

This year’s drought and its negative impact on the agriculture and food processing sectors has made it clearer than ever that Romania needs a coherent and well integrated strategy in order move beyond the interminable…more »

Sitar Teli, Connect Ventures: “You have to go where the capital is”

News November 23, 2012 13:06 0 comments BR Exclusive

Venture capitalist Sitar Teli talks to Business Review about her investment focus saying that her presence in Romania for the second time is justified by an investment interest in the Central- Eastern European region. By…more »

european funds

EBRD to assist Romania on EU co-funded projects management

Finance November 21, 2012 14:52 0 comments

The Romanian government and EBRD signed on Wednesday a framework to help Romania identify the key sectors where EU-funded projects can sustain economic growth. The EBRD will focus on energy efficiency in public and residential…more »

Pirelli to make 5-year investment of EUR 105 million in Slatina, Romania

Auto November 21, 2012 13:35 0 comments

Italian tyremaker Pirelli plans to invest EUR 105 million in Romania through to 2017, boosting tyre production in the Slatina Industrial Hub, Olt County, which should create 500 new jobs. The company secured EUR 35…more »