Romania wants to join the Asian Infrastructure Investment Bank (AIIB) and will pay a USD 6.12 million installment this year for the membership. The country...
cost of labor

Employment rate in Romania goes up in 2017

The employment rate for the working age population (15-64 years) in Romania reached 63.9% in 2017, up by 2.3 percentage points versus 2016, according...

Behemoth investment fund in the making in Romania

Romania might have another large investment fund, as the Romanian Senate approved on Wednesday, April 18, the proposal to create the Sovereign Development and...

Bucharest office park adds pool, running track for corporate employees

Real estate developer Genesis Property will invest EUR 1.5 million in an outdoor pool for its West Gate office park in Western Bucharest. A running...

Mitsubishi Electric opens office in Romania

Mitsubishi Electric Europe opened its first office in Romania this week, aiming to strengthen the brand’s presence on the local market. Mitsubishi Electric Living Environmental...

US software group aims to reach 130 employees in Romania in a year

Viavi Solutions, a US supplier of software and services for testing, assessing and increasing the quality of telecom networks, aims to reach 130 employees...

Higher Ford production takes Romania to top 10 European car makers

The two car factories in Romania, Dacia and Ford, produced close to 365,000 passenger cars in 2017, taking the country to the top 10...
dividends

Romanian state goes after Transgaz’s money despite high investment needs

Romania’s Energy Ministry proposed that gas transporter Transgaz distributes dividends worth RON 534 million (EUR 115 million), representing over 90% of last year’s net...

Romanian Fin.Min. wants all customs points equipped with modern scanners

Equipping all customs points with modern scanners is a measure that can no longer be delayed and should be implemented by January 1, 2019,...

Pension funds in Romania claim the state took EUR 1.1 bln from the contributors’...

While Romania’s Government plans to make the mandatory pension funds optional, pension fund managers claim that the state has already failed to meet its...

Bucharest’s main airport prepares to build new terminal

The procedures for building a new terminal at the Henri Coanda International Airport, which serves Romania’s capital, are ongoing. The Romanian state will soon be...

From Our Partners

ri-logo

Want to be up to speed with what's happening in Romania? Sign up to our newsletters below

Subscribe

Choose newsletter