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News

Ovidiu Sandor’s ISHO project secures first tenant

Offices September 18, 2017 12:23 0 comments

Mulberry Development, the real estate developer controlled by Ovidiu Sandor, has inked the first leasing deal for the first phase of ISHO Offices, the mixed-use project built in Timisoara. Survey Sampling International (SSI) will be…more »

Minister Misa: Romania will keep the budget deficit under 3 pct in 2017

Finance September 18, 2017 10:42 0 comments

Romania will keep the budget deficit under 3 percent, as planned through the Stability and Growth Pact, while the economic growth of 5.6 percent estimated for 2017 is based both on consumption and the increase…more »

Interview. George Dragne (Fishpointer): We are planning to engage English speakers in expansion push

Online September 18, 2017 09:57 0 comments BR Exclusive

With fishing becoming more and more a passion or a relaxing activity in Romania and the technology becoming more and more popular, George Dragne came up with the idea of Fishpointer, the application developed to…more »

VIDEO. Western Romania, hit by powerful storm | 8 dead, dozens injured

News September 18, 2017 09:03 0 comments

Several counties in the western part of Romania were hit by a strong storm on Sunday afternoon that killed 8 people and injured close to 140 people, according to local media reports. Power outages were…more »

Analysis. Shopper marketing in Romania: from short-term to long-term activation

Media & Marketing September 18, 2017 09:00 0 comments BR Exclusive

With shoppers becoming more sophisticated and information-savvy thanks to digital influence, BR decided to take a look at the local shopper marketing industry and how it approaches consumers and clients. Romanita Oprea Nine out of…more »

Petrotel-Lukoil

Lukoil Romania, investigated in tax evasion case

Legal September 15, 2017 16:50 0 comments

The Directorate for Investigating Organized Crime and Terrorism (DIICOT) is investigating the Romanian subsidiary of Russian oil major Lukoil in a case involving allegations of setting up of a criminal group, tax evasion and complicity…more »

British trade secretary Greg Hands arrives in Bucharest, to double financial aid for Romania

Finance September 15, 2017 16:15 0 comments

The British state secretary minister for trade Greg Hands has arrived in Bucharest and announces that the UK government will double the financial aid for Romania to increase the bilateral trade relations. The UK Export…more »

EBRD could buy stake in offshore gas project from Black Sea Oil & Gas

Oil & Gas September 15, 2017 16:12 0 comments

The European Bank for Reconstruction and Development (EBRD) negotiates with Black Sea Oil & Gas the acquisition of a stake in a gas project in the Black Sea, said Mihnea Craciun, deputy director of the…more »

Romania’s economic growth

Romania’s economic growth estimate upgraded to 5.6 pct for 2017 by official commission

Finance September 15, 2017 16:06 0 comments

The National Commission of Forecast revises Romania's economic growth estimations upwards to 5.6 percent for 2017, from the previous forecast of 5.2 percent. According to the preliminary forecast of autumn, the GDP will be RON…more »

Banca Transilvania confirms negotiations for Bancpost takeover

Banking September 15, 2017 13:04 0 comments

Banca Transilvania has announced that negotiations for the takeover of Bancpost continue, according to a statement submitted to the Bucharest Stock Exchange (BVB). “Further details regarding the transaction will be communicated after finalizing the necessary…more »