News - Business Review


Ex-UKIP leader Nigel Farage admits two of his children have German passports

News April 20, 2018 12:44 0 comments

Nigel Farage, the former leader of Ukip, the party that strongly supported Brexit, has admitted that two of his four children have both British and German citizenship, according to the Independent. This means that they…more »


Transgaz loses bid for Greece’s grid operator

Oil & Gas April 20, 2018 12:08 0 comments

The consortium led by Spanish company Reganosa, including Romanian state-owned monopoly Transgaz and the European Bank for Reconstruction and Development (EBRD), lost the bid for Greece's grid operator DESFA, Athens accepting a EUR 535 million…more »

BR Exclusive. The story of Salad Box – how Dan Isai put the Romanian brand on three continents; Now he eyes India and Japan

Retail & FMCG April 20, 2018 12:06 0 comments

Salad Box, the Romanian fast-food restaurants chain specialized in salads and fresh food is present on 11 countries from three continents. Right now, you can order a salad in New York, Amsterdam or London in…more »

Another privacy hit for Facebook users. 1.5 billion members, not protected under GDPR

Legal April 20, 2018 10:50 0 comments

Facebook has changed its terms of service, meaning 1.5 billion members will not be protected under tough new privacy protections coming to Europe, according to BBC.   The move comes as the firm faces a…more »

BBC: Conversations between the former FBI director and Trump, published

News April 20, 2018 10:43 0 comments

Detailed notes by former FBI director James Comey documenting his conversations with US President Donald Trump have been published, according to BBC. The memos cover Mr Trump's concerns about a lurid intelligence dossier and also…more »

British company Thomsons Online Benefits opens new office in Cluj-Napoca, will hire 70 staff by end-2018

News April 20, 2018 10:35 0 comments

Thomsons Online Benefits, the British software provider that manages benefit packages for two million people in 90 countries, has inaugurated their second office in Cluj-Napoca with a surface of 2,200 sqm, and is aiming to…more »

Study: Romanians want more EU efforts for stability in economy and combat of corruption

Legal April 20, 2018 10:32 0 comments

Romanians want the European Union to put more efforts for the stability of the economy, the reduction of corruption, public policy and education, according to a survey by the European Committee of the Regions. Romania…more »

Brexit bill for UK, billions higher than first estimated

News April 20, 2018 10:24 0 comments

The  Brexit divorce bill for the UK could be billions higher than the £35bn-£39bn figure put forward by Theresa May, a report by Whitehall’s spending watchdog suggested, according to The Guardian. The National Audit Office …more »

otp bank

OTP withdrew the appeal filed against Romania’s central bank, terminates acquisition of Banca Romaneasca

Banking April 20, 2018 10:09 0 comments

The Hungarian financial group OTP announced on Thursday that it withdrew the appeal filed against Romania's central bank's decision to reject Banca Romaneasca’s takeover from Greek group NBG. OTP terminates the acquisition of Banca Romaneasca…more »

Communications authority: Cost of porting phone numbers will be up to 2.6 times lower

Telecom April 20, 2018 09:52 0 comments

The tariffs charged by operators for porting landline numbers are dropping from EUR 7.8 to EUR 4.64 per number, and for mobile numbers the tariff is going from EUR 5.6 to EUR 2.13 per number,…more »