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Romania’s draft budget for 2017 based on 5.2 pct economic growth estimate

Finance January 23, 2017 11:43 0 comments

Romania’s draft public budget for 2017 is based on a growth estimate of 5.2 percent of GDP this year, above the expectations of economists. In addition, the budget deficit limit for this year is set…more »

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VIRAL photos from Sunday’s protest in Bucharest

News January 23, 2017 10:22 0 comments

Several photos from the protest that rocked Bucharest on Sunday evening became viral on Facebook. Although some of the people that took the pictures were professional photographers, some of the photographs that became viral over…more »

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VIDEO. Tens of thousands of Romanians, including president Iohannis, protest over draft pardon bill, amendments to Penal Code

Legal January 22, 2017 20:33 0 comments

Up to 30,000 people attended a protest in the center of Bucharest, on Sunday evening, while other several thousands protesters gathered in other Romanian cities and abroad, to express their anger at the government’s plan…more »

Alexandra Iavorschi, managing director of Starcom MediaVest Group

EEFIE 2017 Organization Committee in Romania has been selected

Media & Marketing January 22, 2017 09:00 0 comments

The elections for the EFFIE Romania 2017 Organization Committee took place during the joint IAA Romania – UAPR General Assembly, on January 19.  The new members, who were selected following a secret vote, are tasked…more »

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Romanian-German economic relations thrived in 2016 spurred by legal stability

Business January 22, 2017 08:00 0 comments

Romanian-German economic relations continued to grow in 2016, backed by legal stability, the Romanian-German Chamber of Commerce and Industry said in a press release. Trade between the two countries increased to over EUR 24 billion…more »

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Thesaurus paintings are back at the National Museum of Romanian Art through private donation of Alain Bonte

News January 21, 2017 10:00 0 comments

Endeavours for the attraction of donations and acquisitions of artworks destined for the National Museum of Romanian Art (MNAR) have been started for two paintings by Anton Chladek (1794-1882), classified in the Thesaurus category. They…more »

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Bucharest Bamboo Club, owned by Italian Joshua Castellano, destroyed by fire

Featured January 21, 2017 09:20 0 comments

The Bucharest-based nightclub Bamboo, which is owned by Italian businessman Joshua Castellano, was destroyed due to a violent fire that erupted on Saturday morning. Around 100-200 people were inside the building at the moment of…more »

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Foreign Minister Melescanu met with US Ambassador Hans Klemm

Featured January 21, 2017 08:00 0 comments

Foreign Minister Teodor Melescanu met with US Ambassador Hans Klemm on Friday at the headquarters of the Ministry of Foreign Affairs. “It was a talk which, from my point of view, started from a very…more »

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BR’s most read articles this week | January 16 – 20

News January 20, 2017 18:33 0 comments

Business Review will present each week the articles that got most views online. Here are the pieces that got most traction this week. Businessman who brought H&M to Romania named State Secretary Key Move. InterContinental…more »

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M&A alert. Metro Group sells four Real hypermarkets in Romania

Retail & FMCG January 20, 2017 16:17 0 comments

German Metro Group has sold the four Real hypermarkets that it still owned in Romania, five years after selling 20 Real stores to Auchan. The stores were bought by Cyprus-based Terazone Enterprises Limited, according to…more »