Transgaz
Romanian state-controlled gas transporter Transgaz (TGN) reported a net profit of RON 299 million (EUR 64.3 million) in the first nine months of this...

Fondul Proprietatea plans to bring Engie Romania on the capital market

Romanian investment fund Fondul Proprietatea (FP) is talking to investors about selling parts of its holdings in Hidroelectrica, the biggest power producer in Romania,...

U.S. group will produce sensors for aeronautic industry in Romania

U.S. tech group TE Connectivity, a leading producer of sensors for the aeronautic industry, officially inaugurated its factory in Timisoara, Western Romania, on Wednesday,...

Romanian tech unicorn UiPath raises USD 40 mln more than planned in third financing...

UiPath, a startup that specializes in robotic process automation (RPA) and has developed an AI-based software platform that helps companies run repetitive back-office tasks,...

Finnish group invests EUR 10 mln in factory near Bucharest

Finnish Peikko Group Corporation, a leading global supplier of slim floor structures and connection technology for precast and cast-in-situ applications, has purchased large factory...
Romgaz

Romanian gas producer wants to build new power plant

Romanian state-owned gas producer Romgaz has ordered a feasibility study for building a new gas power plant with an installed capacity of 400 to...

OTC drug sales in Romania, up 13% in third quarter

The OTC market segment, which includes drugs that sell without medical prescription, food supplements and medical devise for personal care, increased by 13% in...

French group buys Romanian IT company

French group SNEF, with yearly revenues of EUR 900 million, will take over Net Brinel, one of the biggest IT integrators on the local...

Austrian group will invest EUR 25 mln in 8 multiplex cinemas in Romania

Austrian cinema operator Cineplexx plans to invest EUR 25 million in Romania in the next three years. The group will open 8 multiplex cinemas...

Romania’s economy accelerates in the third quarter

Romania’s gross domestic product (GDP) increased by 4.3%, as a gross series, in the third quarter of 2018 compared to the same period of...

Foreign direct investment in Romania, down by 6% in first nine months

Foreign direct investment in Romania totaled EUR 3.52 billion in the first nine months of this year, down by 5.7% compared to the same...

From Our Partners

(P) When is a school much more than just a school?

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The answer is when it is a ‘Community’, and there is no better example of this than the International British School of Bucharest. The school’s...

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