September 21, 2018

Romanians celebrates 94 years since the creation of “Greater Romania”


On December 1, Romanians celebrate the unification of Transylvania into the “Greater Romania’ in 1918. In the wake of the break-up of the Austro-Hungarian Empire after WW I, on December 1, 1918, citizens … [Read more...]

Private loans decreased 0.3% in Romania in Oct 2012

According to the latest release from the Central Bank (BNR), private loans have decreased 0.3% month-on-month. This means that the year-on-year growth stands at 4.1% while the YTD rate is 3.2%. Both the … [Read more...]

Trading by Erste Private Banking in Romania will record more than EUR 400 mln

This year, trading done by Erste Private Bank on investment products is set to exceed EUR 400 million. Bonds are taking the lion share of the investment portfolio, while investors are moving towards more … [Read more...]

Slovak Premier visiting Romania

The government's Press Bureau informs that Prime Minister Victor Ponta met on Tuesday with his Slovak counterpart Robert Fico, who is paying an official visit to Romania. The meeting was scheduled after … [Read more...]

Cora opens “green” hypermarket in Bucharest

French retailer Cora opened a new hypermarket in Romania, the fourth one in Bucharest. The 9,000 sqm hypermarket is located on Alexandriei Road and is part of commercial center which also features 40 … [Read more...]

Cluj-Napoca – the European Youth Capital in 2015

The second largest city in Romania, Cluj-Napoca has been designated the European Youth Capital in 2015, thanks to documentation supporting the investment in youth for a sustainable and responsible urban … [Read more...]

Sorin Oprescu at Annual Forum on EU Strategy for Danube Region in Germany

Bucharest's General Mayor Sorin Oprescu is attending the first Annual Forum on the EU Strategy for the Danube Region. The event is held in Germany in Regensburg. According to Bucharest's City Hall, the … [Read more...]

24th and 31st of December declared as Holidays – Government

Government declared that 24th and 31st of December to be days off for state employees. These holidays will be recovered on 12th and 19th of January, next year. “Government decided that 24th and 31st … [Read more...]

Mechel to slash three cities from Romania

Targoviste, Campia Turzii and Otelu Rosu are the three cities that risk becoming dead cities after Mechel decided to sell its factories from Romania and axe over 5,000 employees, according to Adevarul … [Read more...]

New Billa stores in Bucharest and Constanta

Member of Germany’s Rewe Group, Billa Romania opens two stores, in Bucharest and Constanta, its national network thus growing to 68 units, according to a press communiqué. The unit in Bucharest is the10th … [Read more...]

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