Business
Mercure Hotels & Resorts, part of hospitality group Accor, announced the opening of Mercure Oradea, a hotel located in the western part of the city.
Simona Fodor · 3 Aug · 1 min read
BusinessNews from Companies
Exim Banca Românească supports small entrepreneurs with a solution dedicated to business development and efficiency, offering the EXIM BUSINESS SMART package at ZERO cost for the first six months after activation. EXIM BUSINESS SMART,…
Romania Insider · 3 Aug · 1 min read
Business
Fitness network Sweat has rebranded as Level Up and is expanding with another location in Bucharest.
Simona Fodor · 3 Aug · 1 min read
Business
Romania’s steel mill Liberty Galati will be offered for sale through direct negotiations after two international auctions failed to attract a buyer, with three potential investors now expressing interest in the troubled former Sidex plant.
iulian ernst · 3 Aug · 1 min read
Business
The Romanian 19-station fuel distribution chain indirectly owned by Serbia's NIS, which is in turn controlled by Russian group Gazprom, has been sold, according to a NIS financial report cited by Economica.net. The identity of the buyer…
iulian ernst · 3 Aug · 1 min read
In a broad statement on Fitch's sovereign rating decision on July 31, Romania’s president Nicusor Dan unexpectedly announced that the broad political agreement on key national priorities included the adoption of the euro as national…
iulian ernst · 3 Aug · 2 min read
International rating agency Fitch on July 31 maintained its BBB- sovereign rating with a negative outlook for Romania, but only after the country “appealed and provided additional information to Fitch that resulted in a rating action that…
iulian ernst · 3 Aug · 3 min read
Romania is attempting to increase the flow through one of the Danube’s channels by eliminating a natural obstacle (a large rock) and obstructing another channel through controlled sinking of ships, with the final aim of keeping the…
iulian ernst · 3 Aug · 3 min read
Renewable energy solutions provider Scatec has signed an agreement to acquire the Urleasca onshore wind project in Romania from European renewable energy developer OX2.
Simona Fodor · 3 Aug · 2 min read
Cloud infrastructure provider Nscale will acquire AI software startup Anyscale, which has Romanian-born university professor Ion Stoica among its co-founders, in a transaction worth roughly USD 1.65 billion, according to a Bloomberg News…
Radu Dumitrescu · 31 Jul · 2 min read
BusinessNews from Companies
Against the backdrop of the ongoing operational disruption affecting Romania's National Agency for Cadastre and Land Registration (ANCPI), which continues to slow the completion of real estate transactions, North Bucharest Investments'…
Romania Insider · 31 Jul · 3 min read
Alimentation Couche-TardInc. (TSX: ATD) announced that it plans to acquire a controlling stake in Poland's largest convenience retailer Żabka Group (WSE: ZAB) in a deal valued at USD 8.6 billion.
Simona Fodor · 31 Jul · 2 min read
