July 20, 2018

The Leu registers the highest exchange rate in the last two and a half months

Leu depreciated yesterday up to RON/EUR 4.4684, after the announcement that the President had refused to sign the memorandum with the International Monetary Fund surfaced. The national currency came out … [Read more...]

“Biedermeier Age in the Romanian Principalities 1815-1859” Exhibition

On Friday at 6.30, at the National Art Museum of Romania in the capital city opens “Biedermeier Age in the Romanian Principalities 1815-1859” exhibition including more than 200 cultural heritage items. … [Read more...]

An Authentic World


Last year I reviewed a book, Along The Enchanted Way by William Blacker, that had a real and lasting effect on me.  On the surface, it is about the author’s arrival in Romania shortly after the fall … [Read more...]

The 10-month general consolidated budget deficit at 1.21 % of GDP

The general consolidated budget deficit for the January-October period amounted to 7.6 billion lei or 1.21 % of gross domestic product, within the limits of the budgetary policy targets set for this year, … [Read more...]

Dell wants a 10% share of Romanian market by the end of 2014

By the end of 2013 Dell is targeting a 5 % share of the Romanian residential customer PC market. According to online publication Daily Business citing Dell sales director for Central and Eastern Europe … [Read more...]

Kaufland opened new hypermarket in Bucharest

Last Thursday, discount retailer Kaufland opened a new hypermarket in Bucharest. This is the 5th outlet opened in the capital and the 88th in the country. The average investment in a Kaufland store is … [Read more...]

Accenture industrial group and software operations

Accenture acquired evopro group, the industrial and embedded software development and services business, a software development and engineering services company headquartered in Budapest. Evopro group … [Read more...]

SAP starts new recruiting for the Cluj-Napoca nearshore delivery center

SAP Romania announced that starting 2014 it will start a new recruitment program for its nearshore delivery center in Cluj-Napoca, where the company estimates it will have 100 employees by 2016. The new … [Read more...]

The Leadership Accelerator Workshop

AmCham Romania invites members to the AmCham Learning & Innovation Workshop offered by HART Consulting focused on effective leadership versus toxic leadership. Why should you attend? Robert Hogan, … [Read more...]

Traian Basescu decided not to approve the memorandum with the IMF

On Monday, Romanian President Traian Basescu said he decided not to approve the memorandum referring to the negotiations with the International Monetary Fund (IMF), the World Bank and the European Commission, … [Read more...]

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