Romanian startup Fishpointer, which has developed an interactive app to identify and rate fishing areas, has received a financing of EUR 180,000 from local...

Societe Generale expands its service center in Bucharest

Societe Generale European Business Services, the outsourcing center of the French group Societe Generale, has expanded its office area. The center leased another 4,000 sqm...

Turkish developer plans to sell 540 homes in Bucharest complex this year

Turkish real estate company Opus Land Development, which has developed the Cosmopolis residential project, located in Stefanestii de Jos, north of Bucharest, plans to...

Romania records real estate deals of EUR 900 mln in 2016

Romania recorded real estate deals of about EUR 900 million last year, up 35% compared to 2015, according to data published on Wednesday by...

BNR deputy governor: Romania’s financing need reaches 9% of GDP

Romania’s financing need currently amounts to 9% of the gross domestic product (GDP), said Romania’s National Bank deputy governor Liviu Voinea. He spoke at the...

Unemployment rate reaches 4.75% in Romania at the end of November

The unemployment rate in Romania reached 4.75% at the end of November last year, down 0.13 percentage points compared to November 2015, according to...

Wind parks cover a quarter of Romania’s energy consumption

The electricity output from wind parks has covered almost a quarter of Romania’s energy consumption on January 17 and 18. Wind parks thus surpassed other...

Romania’s online shopping reaches EUR 5 mln per day

The value of online shopping exceeded the threshold of EUR 1.8 billion last year, up 30% compared to 2015. This means that Romanians spent some...

Romanian fast-food chain counts 30 restaurants, eyes international expansion

The Romanian chain of fast-food restaurants Spartan announced it reached a network of 30 outlets with the recent openings in the cities of Piatra...
women

Consultancy firm BearingPoint reorganizes in Central Europe for new development phase

Amsterdam-based management and technology consultancy BearingPoint said it was reorganizing in the Central Continental Europe region to ensure further sustainable growth and allow for...

Purchasing power in Romania, a third of European average despite 12% growth in 2016

The nominal purchasing power per-person in Romania in 2016 went up 12% year-on-year, to EUR 4,181 according to the Gfk Purchasing Power Europe 2016...

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