Romanian investor Dorel Goia, the controlling shareholder of local building materials producer Teraplast Bistrita, wants to open new factories in the Central European region. Last...

Romanian IT company buys Dutch and Belgian companies

Romanian IT solutions provider AROBS Transilvania Software, founded and controlled by local investor Voicu Oprean, has bought two companies in the Netherlands and Belgium...

EBRD acquires stake in Piraeus Bank Romania

The EBRD is purchasing a 19% stake in the Romanian subsidiary of the Greek Piraeus Bank, the institution said. US investment fund J.C. Flowers...

How could the richest man in modern history spend his fortune in Romania?

Amazon founder Jeff Bezos became the richest man in modern history as his net worth topped USD 150 billion on Monday, July 16, according...

Romanian Govt. looking to buy anti-ship missile systems

The Romanian Government is expected to make a decision this week that would allow the Defense Ministry to start the negotiations for the purchase...

Romanian bike retailer launches franchise system

Atelierele Pegas, a local company that has managed to revive a popular Romanian bicycle brand – Pegas, has launched a franchise system aiming to...

Romanian home & deco online retailer expands to Greece

Romanian retailer Vivre, a leading online retailer for home and lifestyle in Central and Eastern Europe, has expanded to Greece. This is the ninth country...

Fines for fake Black Friday offers in Romania amount to only 0.01% of the...

Romania’s National Authority for Consumer Protection – ANPC fined local retailers with RON 122,000 (EUR 26,000) following client complaints related to fake Black Friday...
Transgaz

Romanian gas grid operator plans EUR 160 mln investments abroad

Romanian state-owned gas transport company Transgaz has included a sum of EUR 164 million for acquisitions abroad in its investment plan for 2017. The company’s...

Porsche Engineering Romania moves to new HQ in Cluj-Napoca

Porsche Engineering Romania, the local subsidiary of global engineering services provider Porsche Engineering Group GmbH, relocated its headquarters to the Vivido Business Center in...

Romanian car brand Dacia sets new sales record in the first half

Romanian car brand Dacia, owned by French group Renault, set a new sales record in the first half of this year, with over 378,000...

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(P) What will the homes of the future look like? True...

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Compared to previous years, the residential market is now much more evolved and clients are more demanding and informed. More and more people who...

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