Restrictions on both roads and rail across Romania could slow down traffic amid the expected heat wave in the coming days. Both the roads &...

Bucharest’s District 6 wants to open online television

The Bucharest District 6 City Hall plans to open an online television and a TV school. It wants to allocate EUR 270,000 from the local...

Polish roofing manufacturer to open new production hall in Romania

Polish roofing manufacturer Blachotrapez plans to open a new production hall in Baia Mare, with an investment of EUR 800,000, reports local Profit.ro. The company...

Raiffeisen revises up Romania economic growth forecast

Raiffeisen Research Romania analysts have revised up their forecast on Romania’s economic growth in 2017 to 4.9% due to the economic advance recorded in...

Italian group to build bridge on Romania’s A3 highway

Romania’s National Company for Road Infrastructure (CNAIR) has attributed the Italian company Tirrena Scavi the contract to build a bridge over the Somes river...

London consortium could take over Marfin Bank Romania

Local lender Marfin Bank Romania, which the Cyprus Resolution Fund has put up for sale, is about to be taken over by a consortium...

Two Romanians can’t be extradited from the UK due to bad prison conditions back...

Two Romanians who fled to the UK to avoid doing time in Romania can’t be extradited because the jail cells in their home country...

Romanians set new world record crossing Black Sea by rowboat

Atlantic4, a team made of five Romanians, including famous marathon runner Andrei Rosu, has managed to cross the Black Sea in a rowboat, setting a...

Lower salaries for Romanian National Bank managers

Members in the executive board of Romania’s National Bank (BNR), including the governor Mugur Isarescu, earn about 9% less compared to last year, after...
dividends

Bill: Quarterly dividend payments for company owners and shareholders in Romania

Company owners and shareholders will be able to withdraw dividends from companies quarterly, according to a bill approved by the Romanian Senate and sent...

Belgian group reaches EUR 100 mln shopping centers in Romania

Belgian firm Mitiska REIM, specialized in shopping center investments, has acquired 11 shopping centers and 3 projects from Alpha Property Development, a transaction that...

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