September 23, 2018

Part of the Romanian Post should be sold to strategic investor

The Romanian government has approved the strategy of selling a stake in the Romanian Post to a strategic investor and by September 30, at least 20 % of the Romanian Post should be sold. Romania committed … [Read more...]

Nearly 46 % of Romanians cast their ballots

According to preliminary results presented by the Central Electoral Bureau, at the end of the voting process 45.92 % of the Romanians on the electoral lists cast their votes during the referendum for the … [Read more...]

London 2012 Olympic Games

The most expected sports event in the world started on July 27 in London at 23:00 Romanian time, with an opening ceremony costing around EUR 35 million to stage. The Queen and the Duke of Edinburgh lead … [Read more...]

Facebook shares drop again

According to the BBC, shares in Facebook have fallen to a new low, as investors react to the social network's first set of results since its flotation. Late Thursday, in its first report as a public company, … [Read more...]

Greek tourist trade hit by Eurozone crisis

The Guardian writes that international tourists are shunning Greece, and hampering the country's economic recovery. Figures reveal that holidaymakers are deterred by the country's role in the eurozone … [Read more...]

Tenders of RON 70 M cancelled by the Economy Ministry

A press release from the Economy Ministry announced that the institution canceled four tenders organized last year. The tenders had a total value of RON 70 M (EUR 15.2 M) and concerned the closing down … [Read more...]

Piraeus took over the sound assets of ATEbank

Piraeus bank took over, by absorption, the sound assets of ATEbank, controlled by the Hellenic state, including ATEbank Romania branch. This transaction was part of the financial consolidation and restructuring … [Read more...]

“The Thing” at the “Full Moon” Horror and Fantasy Film Festival of Sibiu

During the "Full Moon" ("Luna Plina") Horror and Fantasy Film Festival will run an anniversary projection of "The Thing,"30 years after its premiere. The festival is scheduled to take place on August 16-19 … [Read more...]

Government prepares to aid companies in IT, R&D and innovation

According to a government bill that is currently under public consultation on the website of the Ministry of Public Finances, the Romanian authorities are working on a state aid scheme worth EUR 100 million … [Read more...]

Praktiker Romania sales on downward trend in H1

In the  first semester of this year, German DIY retailer Praktiker reported for Romania net sales worth EUR 38.9 million, down 9.8 % year-on-year. The announcement comes after in the first quarter Praktiker … [Read more...]

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