November 25, 2017

Transalpina nominated for an award of excellence

The highest road in Romania, Translapina, reaches a maximum of 2145 meters at Urdele. It was nominated for an award of excellence at its 10th edition of the International Forum for Sustainable Development … [Read more...]

Arcon, on the rise in 2012

Arcon, one of the most important companies specialized in the manufacture of building materials and hydro insulation, registered a business figure of 31.5 million euro in 2012, on the rise by 15% against … [Read more...]

Tata to enter the European market

The producer of Tata Nano, the cheapest car in the world, wants to enter the European market as the Japanese and Koreans from Toyota and Hyundai did, in order to avoid import taxes by opening a factory. … [Read more...]

4G mobile internet on iPad and iPad mini tablets by Orange Romania

Telecom operator Orange Romania introduced the 4G mobile internet on iPad and iPad mini tablets. Customers should update the software version iOS 6.1 directly on the tablet or via iTunes to choose one … [Read more...]

H&M doubles sales in Romania

After opening 8 new stores in Romania last year, Swedish fashion retailer H&M has reported sales worth SEK 635 million(approximately EUR 74 million) for the 2012 fiscal year (December 1, 2011 – … [Read more...]

Transactions over EUR 100 mln brokered by BCR on international stock exchanges last year

In 2012, BCR, controlled by Austrian Erste Group, has brokered over 3,500 transactions made by more than 600 Romanians on international stock exchanges. The largest share of transactions was carried on … [Read more...]

Romania ready to join Schengen – Ponta

On Wednesday, Romanian Premier Victor Ponta stated at the start of the government meeting, that Romania is ready to join the Schengen Area, just as the European Commission spokesperson stated, and deemed … [Read more...]

If Romania does not fulfill assumed preconditions by June the agreement will expire – IMF

Erik de Vrijer, head of the IMF mission, stated on Tuesday during a press conference that Romania’s agreement with the International Monetary Fund will expire and there will be no other agreement if … [Read more...]

Bucharest is Europe’s least expensive office space market this year also

This year Bucharest is again the European capital with the lowest-priced market in terms of office space rentals. Budapest is second-lowest, followed by Talin, Vilnius and Riga, according to a DTZ study … [Read more...]

Oltchim files for insolvency

The Valcea Tribunal admitted the request of the Board to accept the insolvency procedure request filed last week and the statement about the intention to reorganize under judiciary control SC Oltchim SA, … [Read more...]

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