News - Business Review


RBS officially opens new HQ

News December 08, 2010 12:55 0 comments

RBS has officially inaugurated its new HQ in the Lakeview office building. The bank takes up the ground floor, the first, second and third floors on a 8,700 sqm surface. Lakeview is located in the…more »

Cernavoda nuclear units 3 and 4 project received EUaa‚¬a„¢s OK

News December 07, 2010 17:25 0 comments

EnergoNuclear - the project company for the construction of nuclear units 3 and 4 in Cernavoda -   received a favorable response from the European Commission regarding the project. “The Cernavoda project entails a multibillion euro…more »

Tobacco and fuel excises to be increased starting January 1, 2011

News December 07, 2010 17:20 0 comments

Romania's excises on fuels and tobacco will be increased as of January 1, 2011, according to a draft emergency ordinance amending the Fiscal Code. Specialists say that this measure will lead to new price increases…more »

Government approves budget draft for next year

News December 07, 2010 13:22 0 comments

The government has approved the budget draft for next year and the document will be sent to Parliament, according to Mediafax newswire. At the end of the government session, Minister of Public Finances, Gheorghe Ialomitianu,…more »

10 percent lower software piracy rate would bring 3,711 new jobs and USD 573mln to the GDP

News December 07, 2010 12:35 0 comments

If the software piracy rate goes down by 10 percent over the next ten years, this will lead to the creation of 3,711 new workplaces and it would add USD 573 million to the GDP.…more »

McDonaldaa‚¬a„¢s opens first local McCafe in Bucharest

News December 07, 2010 09:13 0 comments

McDonalds Romania has opened the first local McCafe in Bucharest following a EUR 200,000 investment. The McCafe is located in the McDonald’s store in Unirea shopping center. The outlet will serve 17 types of coffee,…more »

Enel Green Power started works at a 34 MW wind farm

News December 06, 2010 17:00 0 comments

Enel Green Power has started works at the company's first wind park in Romania, the wind power plant “Agighiol”, located near the town of Tulcea. The wind farm - which will include 17 wind turbines…more »

Sarmale production unit opens in Harghita county

News December 06, 2010 16:59 0 comments

A private investor opened the first sarmale production unit in Romania, following an investment of EUR 130,000. The plant is located in Gheorgheni, Harghita county, according to Mediafax. Sarmale is a traditional Romanian dish that…more »

EBRD lends EUR 300 million to National Bank of Greece subsidiaries in Bulgaria, Romania and Serbia

News December 06, 2010 16:50 0 comments

The EBRD has approved three credit lines worth a total of EUR 350 million for the subsidiaries of National Bank of Greece in Bulgaria, Romania and Serbia for on-lending to businesses in their respective countries. …more »

Bostina & Asociatii selected as legal consultant for the stock exchange sale of the 9.84 percent of OMV Petrom

News December 06, 2010 16:45 0 comments

Bostina & Asociatii law firm has been selected by the Ministry of Economy to provide legal counseling regarding the sale - through the capital market method – of the 9.84 percent stake in OMV Petrom.…more »