News - Business Review


Coca-Cola launches Fuzetea on the Romanian market

News January 16, 2018 16:47 0 comments

Coca-Cola launches Fuzetea on the Romanian market, a brand that brings a fusion of tea, juice and aromatic plants.   Fuzetea comes in five versions: Black Icetea Lemon Lemongrass, Black Icetea Peach Hibiscus, Green Icetea Lime…more »

Euro reaches new record high as political crisis develops in Romania

News January 16, 2018 16:32 0 comments

After PM Mihai Tudose announced his resignation last night, the EUR/RON exchange rate reached a new record high of 4.6599. BNR governor Mugur Isarescu had signalled that the Central Bank would allow for larger fluctuations…more »

KFC opens first restaurant in Botosani following EUR 400,000 investment

Retail & FMCG January 16, 2018 15:58 0 comments

KFC opens first restaurant in Botosani following EUR 400,000 investment. Thus, the restaurants chain reaches 69 units, consolidating its operation at national level. The new unit is located in the commercial center Stop Shop Botosani…more »


MEP Viorica Dancila, PSD’s proposal for prime minister

News January 16, 2018 15:26 0 comments

PSD members met today to discuss their proposals for a new prime minister, after having forced Mihai Tudose to resign last night. The name they settled upon is Viorica Dancila, European MP representing PSD, and…more »


Wholesales’ turnover up by 7.6 pct in first 11 months of 2017

News January 16, 2018 14:57 0 comments

Wholesales’ turnover (except for cars and motors trade) increased year-on-year both on gross and adjusted series by 7.6 percent in the first 11 months of 2017, according to the National Institute of Statistics (INS). Thus,…more »


KPMG report: How much is your city spending on basic services?

News January 16, 2018 14:14 0 comments

A new benchmarking report by KPMG compares the efficiency and effectiveness of city services, and how capturing the right data makes all the difference. The report summarises the findings of a survey involving 35 cities…more »

klaus iohannis romanian president

Klaus Iohannis to meet with parliamentary parties on Wednesday to discuss new PM appointment

News January 16, 2018 12:51 0 comments

President Klaus Iohannis announced today in a press conference that he is inviting representatives of all political parties in parliament to discuss their proposals for the next prime minister tomorrow, as he wants the naming…more »

shinzo abe

Japanese PM Shinzo Abe cancels meeting with Romanian government after Tudose’s resignation

News January 16, 2018 12:37 0 comments

Japanese PM Shinzo Abe has cancelled his visit to the Victoria Palace, where he was due to meet with representatives of the Romanian government. Abe’s deputy chief of staff Katoro Nogami will take his place…more »

New Radisson Blu to open in ISHO, the new neighborhood of Timisoara

Hotels January 16, 2018 11:27 0 comments

The Rezidor Hotel Group, one of the fastest growing hotel companies in the world to open the Radisson Blu Hotel, Timisoara. This takes the group's portfolio in Romania to four hotels, with two in operation…more »

RE/MAX Romania

RE/MAX Romania’s commissions up by close to 30 pct in 2017 to EUR 2 mln

News January 16, 2018 11:06 0 comments

RE/MAX Romania, part of the real estate global player, registered generated commissions of over EUR 2 million in 2017, an year-on-year growth by 30 percent. According to the company’s data, RE/MAX intermediated over 1,500 real…more »