Transdanube Industries, a company within African Steel Mills, will build a EUR 150 million steel plant and a mill in Oltenita, in Calarasi county.

Intercapital Invest will launch an Initial Public Offering (IPO) for a new investment fund iFond Financial Romania. This is the first IPO for the year on the Bucharest Stock Exchange. The trading session will be opened on Thursday morning (July 22). After the IPO will be over, the fund will be listed on the Bucharest Stock Exchange.

Romanian media, Instead of firing, some agencies are hiring- in Ziarul Financiar, Foreign banks' exposure discussed at NBR- in Ziarul Financiar, European Commission accuses: Romania has broken its promises to the EU- in Ziarul Financiar, Google SRL, EUR 120.000 in revenues - in Ziarul Financiar, Billa owner ponders market entry of Bipa cosmetics supermarkets - in Ziarul Financiar, Communication Ministry puts EUR 1.3 mln in e-learning portal for Babes- Bolyai unversity - in Ziarul Financiar

Beike Biotechnology, a biotechnology company focusing on adult stem cell therapies, has opened a rehabilitation center in Campina, which uses traditional Chinese-style rehabilitation techniques. The new Romanian center is Beike's first stand-alone rehabilitation facility in the world, the company has announced.

A recent report from the European Commission on the reforms in the judiciary system points out several shortcomings of the Romanian system while praising Bulgaria. The Commission has asked Romania to correct the weaknesses urgently so that it can go back on track with the reform process.

The effects of the breakdown of negotiations between the International Monetary Fund and Hungary, which were visible on the country's monetary and financial market, could become contagious for other countries in the region, warned Thomas Mirow, head of the European Bank for Reconstruction and Development. Hungarian currency forint went down 3 percent the day after the new broke.

The International Centre for Settlement of Investment Disputes (ICSID) in Washington has decided to close the claim opened by S&T Oil Equipment and Machinery against Romania, Tuca, Zbarcea & Asociatii has announced. The decision was due to the fact that S&T Oil Equipment and Machinery had not paid the required arbitration expenses, so the court has closed the case.

As many as 189 new multinational companies will emerge out of Romania in the following 15 years, according to a recent PricewaterhouseCoopers LLP (PwC) report. Romania will reach a similar level as Ukraine, with 192 new multinational companies in the next 15 years and Hungary, with 221.

The American Chamber of Commerce in Romania (AmCham Romania), which has recently organized a round table on labor issues, has asked for a sound education system, connected to the economic and social realities. “This will ensure a competitive human capital, able to deal with the changes of a changing economy and more sophisticated demands regarding performance and competence standards,” writes the AmCham in a statement.

Israeli developer Euro Habitat, which has been working on the Planorama residential projects in Bucharest, has entered insolvency at the end of June, according to Ziarul Financiar.
Euro Habitat, told the buyers of apartment in Planorama that the company was not asked to participate in court when the insolvency was decided.

Transdanube Industries, a company within African Steel Mills, will build a EUR 150 million steel plant and a mill in Oltenita, in Calarasi county.

Intercapital Invest will launch an Initial Public Offering (IPO) for a new investment fund iFond Financial Romania. This is the first IPO for the year on the Bucharest Stock Exchange. The trading session will be opened on Thursday morning (July 22). After the IPO will be over, the fund will be listed on the Bucharest Stock Exchange.

Romanian media, Instead of firing, some agencies are hiring- in Ziarul Financiar, Foreign banks' exposure discussed at NBR- in Ziarul Financiar, European Commission accuses: Romania has broken its promises to the EU- in Ziarul Financiar, Google SRL, EUR 120.000 in revenues - in Ziarul Financiar, Billa owner ponders market entry of Bipa cosmetics supermarkets - in Ziarul Financiar, Communication Ministry puts EUR 1.3 mln in e-learning portal for Babes- Bolyai unversity - in Ziarul Financiar

Beike Biotechnology, a biotechnology company focusing on adult stem cell therapies, has opened a rehabilitation center in Campina, which uses traditional Chinese-style rehabilitation techniques. The new Romanian center is Beike's first stand-alone rehabilitation facility in the world, the company has announced.

A recent report from the European Commission on the reforms in the judiciary system points out several shortcomings of the Romanian system while praising Bulgaria. The Commission has asked Romania to correct the weaknesses urgently so that it can go back on track with the reform process.

The effects of the breakdown of negotiations between the International Monetary Fund and Hungary, which were visible on the country's monetary and financial market, could become contagious for other countries in the region, warned Thomas Mirow, head of the European Bank for Reconstruction and Development. Hungarian currency forint went down 3 percent the day after the new broke.

The International Centre for Settlement of Investment Disputes (ICSID) in Washington has decided to close the claim opened by S&T Oil Equipment and Machinery against Romania, Tuca, Zbarcea & Asociatii has announced. The decision was due to the fact that S&T Oil Equipment and Machinery had not paid the required arbitration expenses, so the court has closed the case.

As many as 189 new multinational companies will emerge out of Romania in the following 15 years, according to a recent PricewaterhouseCoopers LLP (PwC) report. Romania will reach a similar level as Ukraine, with 192 new multinational companies in the next 15 years and Hungary, with 221.

The American Chamber of Commerce in Romania (AmCham Romania), which has recently organized a round table on labor issues, has asked for a sound education system, connected to the economic and social realities. “This will ensure a competitive human capital, able to deal with the changes of a changing economy and more sophisticated demands regarding performance and competence standards,” writes the AmCham in a statement.

Israeli developer Euro Habitat, which has been working on the Planorama residential projects in Bucharest, has entered insolvency at the end of June, according to Ziarul Financiar.
Euro Habitat, told the buyers of apartment in Planorama that the company was not asked to participate in court when the insolvency was decided.