News - Business Review


PROFI supermarkets

Profi opens three new supermarkets, takes national network to 416 units

Commercial July 15, 2016 14:55 0 comments

The Profi market chain has announced the opening of three new shops in Galati, Targoviste and Alba Iulia. The sixth Profi supermarket in Galati was opened on Friday July 15 and is located on 8,…more »

steag china

Romania registered EUR 4 bln in trade deficit with ASER partners in 2015, says Eurostat

Investment Reports July 14, 2016 16:05 0 comments

Romania registered a deficit of EUR 4.7 billion in trade in goods with Asia – Europe Meeting (ASEM) partners, according to the latest datasets published by Eurostat in July 14. The study shows that Romania…more »


Bucharest General Mayor launches fire preventive actions for Vacaresti Lake area

Land July 14, 2016 15:09 0 comments

Bucharest’s General Mayor Gabriela Firea has launched a series of preventive actions against vegetation fires in the Vacaresti Lake area on Thursday after a number of incidents were registered in the natural park. The Bucharest…more »

IMF loan

Romania to send EUR 60 mln loan installment to Republic of Moldova after talks with the IMF

Finance July 14, 2016 13:47 0 comments

Romania will offer the Republic of Moldova the first installment of the EUR 150 million loan, summing EUR 60 million, only after the Government in Chisinau will complete a technical agreement with IMF, said the…more »

"wind farm"

Renewable crisis in Romania: EUR 2 bln thrown out the window over legal changes, says Eric Stab (FIC)

News July 13, 2016 14:39 0 comments BR Exclusive

Romania has attracted around EUR 7 billion worth of investments in the renewable sector between 2008-09 and 2013, but the losses in the sector are to the tune of billions of euros, according to Eric…more »

"hanner investment office romania"

Key move. Hanner enters the office segment in Romania following land acquisition in Grozavesti area

News July 12, 2016 16:57 0 comments

Hanner Holding, the developer of several residential projects in Romania, plans to expand in the office segment after acquiring part of the land plot of the former Grivita Beer Factory, in center-west Bucharest. The company…more »


Romanian Ministry of Economy launches RON 21.5 mln worth of grants for SMEs

Country Investment Reviews July 12, 2016 14:37 0 comments

The Romanian Ministry of Economy, Commerce and Business Relations launched the first two out of the ten national programs dedicated to small and medium enterprises (SMEs) , “The development program for commercial activities of market…more »

financing session Ministry of Public Finance

Romanian Ministry of Finances borrows RON 500 million from banks

Banking July 11, 2016 15:43 0 comments

The Romanian Ministry of Public Finances (MPF) has borrowed on Monday RON 500 million from banks by issuing three-year bonds at a average yield of 1.65 percent per year. On Tuesday a supplementary auction will…more »


WWF Romania suggests new payment scheme for effective use of natural resources

Green & Renewables July 11, 2016 14:02 0 comments

WWF recommends the implementation of a new payment scheme for pollutants and users of natural resources in order to efficiently use the resources in a sustainable way and maintain the ecological state of the environment.…more »

"romania ibm"

Romania’s government and IBM plan to develop cognitive computing center

IT July 06, 2016 17:51 0 comments

The Romanian government has signed a memorandum of understanding with American IT giant IBM for the development of a cognitive computing center in the country. The deal was announced by the minister for Communication and…more »