November 25, 2017

Mircea Cartarescu up for European Literature Prize

The Dutch translation of Mircea Cartarescu’s “The Blinding II, The Body” is on the long list of nominations for the European Literature Prize, The Netherlands, according to the award-giver website. … [Read more...]

Dutch insurer Aegon buys Achmea

On Tuesday, Dutch insurer Aegon said it has agreed to buy the Romanian life insurance and pension operations from Dutch peer Achmea, without disclosing financial details. The transaction is expected to … [Read more...]

Romanian Post privatization to be completed by mid-year

Romanian Premier Victor Ponta told a press conference at the Victoria Palace that the privatization procedure in the case of the Romanian Post must be completed by mid-year. “The Romanian Post continues … [Read more...]

DeLonghi starting production in Cluj

Italian company DeLonghi will begin production at its electronics factory in mid-February, in Tetarom III Industrial Park in Jucu (Cluj), after the first production line started technical tests, announced … [Read more...]

Logan sales dropped 28% in Russia in 2012

Last year, Logan sales in Russia dropped by 28% to 58,732 units and in December a decline of 43% to 3810 units, the car ranking 11th in 2012 among the best sold 25 models. Sandero, ranking 16thregistered … [Read more...]

Romania interested in railway projects in Peru – President Basescu

Romanian President Traian Basescu said on Tuesday, in Lima, that Romania is interested in railway development projects initiated in Peru, adding that there are also discussions on procurement of military … [Read more...]

Development regions in Romania must turn operational by end of 2013 – Minister Dragnea

Minister of Regional Development and Public Administration Vice Prime Minister Liviu Dragnea declared on Tuesday that the development regions in Romania must turn operational by Dec. 2013 at the latest, … [Read more...]

SAP Romania turnover in 2012 up 40 %

SAP Romania, the local branch of SAP AG, posted a turnover of EUR 23 million in 2012, up 40 % compared to the previous year. “Compared to previous years, the ratio of traditional ERP solutions has shrunk, … [Read more...]

Computas takes over Romanian company Ascenta

Norwegian company Computas took over an 85 % stake in Ascenta, the IT consultancy division of Romanian Softwin group. The news made the headlines in the Norwegian publication Computerworld, which also … [Read more...]

Economy not recovered – IMF

The International Monetary Fund (IMF) estimates that Romania had zero economic growth in 2012, following a GDP growth of 2.2 % in 2011, and expects a relatively modest growth of around 1.5 % this year, … [Read more...]

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