May 19, 2012

Youth@Work

Youth@Work is a new action to combat youth unemployment. It aims to do this through increasing demand for young people among business, especially small and medium size entreprises (SMEs), bringing about … [Read more...]

6 Billion Euro Invested Austria In Romania Since 1989

A diplomat has revealed that Austrian companies have invested six billion Euros in Romania since the fall of Communism. According to the Austrian ambassador in Bucharest, Michael Schwarzinger, that amount … [Read more...]

Danone To Invest 4.7 Million Euros In Romania

In 2010, the French dairy producer Danone grew its business in Romania by 10 % and reached a turnover of EUR 113 million. The company has announced that the growth was due to a market strategy which was … [Read more...]

Romania In The Top CEE Business Destination In May

A ZEW/Erste survey showed Friday that in May Romanian economic outlook for the next six months improved slightly, anchoring the country in the first spot among the best business destinations in Central … [Read more...]

Business Breakfast with Andreea Paul Vass, State Adviser of the Prime Minister

AmCham Romania is pleased to invite you to a Business Breakfast with Mrs. Andreea Paul Vass, State Adviser of the Prime Minister. The Event will take place at the Opera Meeting Room, InterContinental … [Read more...]

Draft Law: Self-Employed Romanians Are Allowed To Hire Other People As Workers

According to a draft government emergency ordinance, self-employed Romanians will be allowed to hire other people for their activity, with employment contracts. The draft ordinance removes the current … [Read more...]

Purchasing Power Will Not Get An Impulse Sooner Than 2012

The biggest company on the oil market, Petrom, posted growth of business and profit even though the market it operates on continued to go down. Pump price hikes and cost cuts helped it turn in its favor … [Read more...]

Romanian “Dialysis Without A Machine” Invention Revolutionizes Medical World

The invention by Romanian doctors with St. John Hospital in the capital could revolutionize the medical world. The machine was awarded with gold at the Geneva Invention Salon in 2010. The invention, by … [Read more...]

Ionut Costea, EximBank: Economic Growth Can Be Brought By European Money

EximBank president Ionut Costea believes that in this period of time the main focus must be on stepping up absorption of European funds. This can have a substantial contribution to resumption of economic … [Read more...]

Orange Might Sell Or Merge With A Rival

CFO of France Telecom, the owner of Orange Romania, one of the biggest local companies, Gervais Pellissier, caused a stir on the entire market on Tuesday by announcing a review of the Romanian business. … [Read more...]

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