September 21, 2018

DoubleTree by Hilton hotel opens in Oradea

Imagine DoubleTree by Hilton Oradea

DoubleTree by Hilton announced the opening of a second hotel in Romania, situated in the city of Oradea. DoubleTree by Hilton, international hotel brand, owns at present time more than 300 hotels worldwide, … [Read more...]

Epson sees EUR 9mln turnover in Romania by yearend

Producer of printers and imaging products, Epson forecasts a turnover of EUR 9 million by the end of the year in Romania. Simona Decuseara, national sales & marketing manager in Epson Romania said … [Read more...]

Items from the Royal House of Romania on auction in October

Artmark is preparing another auction with items that were in the possession of the Royal House of Romania. The auction that will take place on October 4 at the J.W. Marriott Grand Hotel in Bucharest presents … [Read more...]

Logan 2 and Sandero 2 by Dacia at Paris Car Show

On Thursday, Dacia presented at the Paris Car Show the new Logan, Sandero and Sandero Stepway models. The two new models bring numerous improvements in terms of design and equipment against the previous … [Read more...]

CSAT: Romania will buy multirole airplanes

The Supreme Defense Council (CSAT) decided Thursday that Romania will buy multirole airplanes. The members of CSAT also ruled that, in the next meeting, the government will present a multiannual program … [Read more...]

One third of Romania’s FDI in processing industry

The biggest FDI that entered Romania by the end of 2011 went into the processing industry in a share of 31.5 % out of a total of EUR 55.13 bn. The second most important sector attracting FDI was financial … [Read more...]

BNR monetary policy interest rate at 5.25 %/ year

The National Bank of Romania (BNR) maintained yesterday the monetary policy interest rate at 5.25 % per year, the minimum required reserves for RON-denominated liabilities at 15 % and for forex-denominated … [Read more...]

A Cute Little Fairy Tale

Sometimes it’s just better to shut up and get out of the way. So…. Ladies and Gentlemen, for your viewing pleasure, I submit a charmingly compelling rationale for wakefulness: … [Read more...]

RCS&RDS buys Cobalt IT

According to an official announcement, telecom operator RCS&RDS has acquired internet provider Cobalt IT, which provides services under the brand iLink. The announcement was posted on Cobalt IT’s … [Read more...]

Kaufland is the leader of the Romanian retail market

Data from the Ministry of Finance shows that last year Kaufland has managed to increase its local sales by about 21 %, to EUR 1.32 billion, thus becoming the leader of the local FMCG retail market, dethroning … [Read more...]

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