September 23, 2018

Raiffeisen Bank sees profit on local market go up 11.3 %

For the first nine months of the year Raiffeisen Bank International posted an after tax profit of EUR 81 M for its Romanian operations. That is up 11.3 % from the EUR 72 M achieved in the similar interval … [Read more...]

Saint Andrew’s Fair at the Peasant Museum this weekend

From Friday, November 29 until Sunday, December 1, between 10.00 a.m. and 6.00 p.m., skilled craftsmen and artisans from throughout the country will gather at the Romanian Peasant National Museum (MNTR) … [Read more...]

AmCham Impact Study Launch

On November 28, AmCham Romania invites its members to the launching event of the AmCham Impact Study. The event takes place between 11:00 am – 13:00 at the Novotel Hotel, Paris Hall.  The AmCham Impact … [Read more...]

Standard & Poor’s to raise Romania to investment grade in 2014

Standard & Poor’s increased the outlook of Romania’s junk credit rating from stable to positive, writes Bloomberg. S&P said it may upgrade it in the second half of next year depending on fiscal … [Read more...]

Romania, Hungary discuss bilateral economic cooperation

On Monday in Bucharest, Romanian Economy Minister Andrei Gerea and Peter Szijjarto, Hungary’s foreign trade chief, agreed to convene the Hungarian-Romanian joint economic committee. The session is scheduled … [Read more...]

Producers of medicines in Romania expected to pay EUR 427 million clawback tax

Cristian Busoi, president of the Romania's National Health Insurance House (CNAS), said last week, during the second Pharmaceutical Industry Roundtable, that Producers of medicines in Romania are expected … [Read more...]

Insolvency in Romania at 20% of GDP – Danescu (ARB)

Florin Danescu, the CEO of the Romanian Association of Banks (ARB) said at a conference that the insolvency degree at national level is 20% of GDP, while active stock in Romania is 64% of GDP. He also … [Read more...]

More than 6,800 SMEs managers in Romania graduating from the Online Business School

The free of charge e-learning platform Online Business School is coming to an end and more than 6,800 SMEs managers in Romania are graduating at least one of over the 100 classes available online. The … [Read more...]

2.3 billion euro approved for SMEs over the next seven years

The European Parliament adopted the programme COSME, which aims to ease the access to credit problems that small businesses currently face. With a € 2.3 billion-budget over the period 2014-2020 the … [Read more...]

Huawei to open regional center in Bucharest

On Friday, Romanian Prime Minister announced that telecom company Huawei will invest in research and education programs in Romania, and will set up a regional center in Bucharest. The announcement came … [Read more...]

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