News - Business Review


BAT’s Ploiesti plant could be candidate for new Glo production

News January 17, 2018 15:13 0 comments

Romania is the first EU market where British American Tobacco (BAT) launched its next generation product called Glo in December and the company might consider its plant in Ploiesti for the production of this new…more »

HOSPICE House of Hope Brasov rehabilitated by Habitat for Humanity and Engie following EUR 200,000 investment

News January 17, 2018 14:29 0 comments

Habitat for Humanity, in partnership with Engie, starts a new energy efficiency project through which will rehabilitate the building HOSPICE House of Hope Brasov, where annually it offers  free palliative care for 2,000 adults and…more »

imobiliare How the Romanian real estate market evolved in T4 2017

Residential January 17, 2018 14:17 0 comments

Throughout the year 2017, the price demands of residential real estate sellers in Romania, for both apartments and houses, maintained a growth trend. According to the trimestral market report published by Analize Imobiliare, a platform…more »

The Iulius Company kicked off the works for the retail component of its Openville Timisoara mixed-use project

Commercial January 17, 2018 12:53 0 comments Advertorial

This past December, the IULIUS Company commenced the works for the retail component included in the Openville Timisoara project, the largest mixed-use development in the west of Romania. The first phase of development of the…more »

Deloitte Analysis: Romanian M&A market to EUR 3.8 bln in 2017, record number of transactions of over EUR 100 mln

News January 17, 2018 12:36 0 comments

Romanian M&A market registered EUR 3.8 billion in 2017 and there was a record number of transactions of over EUR 100 million, according to a Deloitte Romania analysis, based on public sources and disclosed transactions.…more »


Natural gas producers defend themselves against accusations of raising prices without justification

Oil & Gas January 17, 2018 12:31 0 comments

The Romanian Association of Petroleum Exploration and Production Companies (ROPEPCA) expressed concerns about the “harsh and unjustified” accusations brought more and more frequently in the public space against Romanian natural gas producers, alleging that they…more »


Autovit: Record sales for new and used cars in 2017

Auto January 17, 2018 12:12 0 comments

According to an analysis done by, the sales of new and used cars have reached a record high in 2017 in Romania. There were over 100,000 new cars and 1.1 million used cars sold…more »

bogdan belciu

Bogdan Belciu, PWC Romania: The banking sector generated RON 20.6 bln to the state budget in 2012-2016

Banking January 17, 2018 10:45 0 comments

According to Bogdan Belciu, Management Consulting partner at PWC Romania, the banking sector generated a total of RON 20.676 billion towards the state budget between 2012 and 2016 in the form of taxes and contributions,…more »


Oprescu (Romanian Banks Association): Predictability is needed in order to avoid volatility in the markets

News January 17, 2018 10:03 0 comments

Sergiu Oprescu, president of the Romanian Banks Association (ARB), cited by Agerpres, says that there is a need for predictability in the economy; otherwise, markets will show high levels of volatility. Oprescu added: “All we’re…more »


Commissioner Cretu approves investments of over EUR 57 mln in potable water field in Caras-Severin

Finance January 16, 2018 17:29 0 comments

EU regional policy commissioner, Corina Cretu, approves investments of over EUR 57 million in potable water field in Caras-Severin county. „EU, through the cohesion policy, makes investments so that every citizen has access to clean…more »