News - Business Review


Cupru Min buyer promises jobs and environment investments in Rosia Poieni

News April 03, 2012 14:03 0 comments

Canadian Roman Copper Corp., a wholly-owned subsidiary of investment bank BayFront Capital Partners, which bought state-owned Cupru Min for EUR 200.7 million, last Thursday, promises increased copper mining production and jobs in Alba County. Roman…more »

Investors prepare for event dedicated to Greek community

News April 02, 2012 14:17 0 comments

Greek investors doing business in Romania are meeting this week for the fourth edition of the Greek Investment Forum, an event where the Greek business community can meet and discover new business opportunities and develop…more »

South Africa seeks closer investment ties with Romania

News March 26, 2012 09:21 0 comments

The South African Embassy in Romania has called for closer ties with Romania at a recently organized roundtable to highlight business opportunities between the two countries, which have just celebrated ten years of diplomatic relations.…more »

Romania to receive EUR 306 mln in EEA and Norway grants through to 2014

Finance March 22, 2012 12:10 0 comments

Leonard Orban, minister of European Affairs, and Norwegian State Secretary of Foreign Affairs, Gry Larsen, signed, yesterday, agreements for a new round of EEA and Norway grants worth EUR 306 million for the 2009-2014 period.…more »

EBRD lends EUR 15.5 mln to Aquatim water utility company

News March 21, 2012 15:53 0 comments

EBRD has lent EUR 15.5 million to Aquatim S.A. water utility company. Over 400,000 residents of the Romanian Timis county will gain access to safe and improved water supply and sanitation services with this. Extended…more »

Romanian- Chinese House opens end-March

News March 20, 2012 15:39 0 comments

The Romanian-Chinese House, a non-governmental association which gathers under the same umbrella more than 40 Chinese forms of organization in Romania, from various domains such as business, sports, culture or education, will be inaugurated on…more »

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 »

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 »

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 »

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 »