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EBRD to invest over EUR 1 bln in Romania in next 3 years

News March 20, 2012 12:25 0 comments

The European Bank for Reconstruction and Development (EBRD) will invest around EUR 400-500 million annually, in Romania, over the next three years, in credit lines for SMEs, energy efficiency projects, infrastructure and the development of…more »

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Enel wants to reach 500 MW of wind in Romania by 2016

Green & Renewables March 14, 2012 14:00 0 comments

Italian utility Enel plans to boost renewable investments in Latin America and Eastern Europe through to 2016, as electricity demand in its largest markets, Italy and Spain, has been hampered by the ongoing recession. “Growth…more »

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Artmark turns to women for auction inspiration

Events March 09, 2012 16:00 0 comments

The upcoming Artmark spring auction brings the Romanian art lovers the occasion to enjoy an authentic tribute to womanhood as the world celebrated Woman’s Day on March 8th. A wide range of over 200 paintings…more »

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Euro zone economy grew by 1.4 percent y/y in 2011; EU gained 1.5 percent, says Eurostat

News March 06, 2012 14:45 0 comments

Economies of the Euro zone and EU 27 grew by 1.4 percent and 1.5 percent in 2011, compared with 1.9 percent and 2 percent registered in 2010, according to a second estimate from Eurostat, the…more »

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Romanian industrial prices up 0.4 percent in January, says Eurostat

News March 06, 2012 13:34 0 comments

Industrial producer prices in Romania gained 0.4 percent in January against the previous month, and 5.4 percent versus January of last year, according to data released by Eurostat last Friday. In the Euro zone and…more »

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Romania will become the main economic partner of neighboring Republic of Moldova says PM

News March 05, 2012 14:11 0 comments

Depending on the completion of several privatization procedures in the Republic of Moldova, Romania will become the country’s main economic partner, Romanian Prime Minister Mihai Razvan Ungureanu said Saturday according to Mediafax. “Romania is the…more »

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R&D center takes Intel Romania’s headcount to 350

IT March 01, 2012 12:20 0 comments

Intel officially inaugurated the R&D center in Romania yesterday, initially announced at the end of 2010, after “multi-million USD investment,” with ambitions to develop it into one of the most important R&D software centers in…more »

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BR Awards 2012 Winners

News February 27, 2012 10:36 0 comments

The seventh annual Business Review Awards Gala held last week recognized the best business initiatives of 2011 from across the industries. While operational achievements such as expansion and acquisition strategies were celebrated, the gala also…more »

Investments in the Romanian economy increased by 15.3 percent in Q3

News December 02, 2011 17:59 0 comments

The level of investments made in the Romanian economy increased by 15.3 percent in the third quarter of this year, compared to the similar period of 2010, according to Agerpres newswire, that quotes a flash…more »

Romania’s budget deficit reaches 2.4 percent of GDP at end-October 2011

News November 28, 2011 16:02 0 comments

Romania's budget deficit reached RON 13.3 billion, which is 2.4 percent of GDP in the first ten months of 2011, according to data from the Ministry of Public Finance. The forecast for this year's budgetary…more »