Big Four firm PwC recently named two new department heads. Daniel Anghel (opening photo) will replace Mihaela Mitroi at the helm of the Fiscal and Judicial...

Romania lifts license for Hungarian pharma on distribution rules breach

Hungarian pharma group Gedeon Richter’s activity in Romania was suspended for having breached distribution practices, Profit.ro reported. Romanian authorities can lift this sanction only after they...

Mega Image opens first shop in western Romania city

Supermarket chain Mega Image has opened its first supermarket in the Western Romanian city of Timisoara in western Romania. The store covers 900 sqm...
Tarom

Romanian state-owned airline sells two Airbus aircraft for EUR 5.5 mln

Romanian state-owned airline Tarom has managed to sell two Airbus A310 aircraft for EUR 5.48 million, double than the initial offer it had received,...

Romania passes state-backed lending for students’ personal development

The Romanian Government has adopted a lending program for students to invest in education, health, sports and culture, News.ro reported. It approved an Emergency Ordinance...

Romanian currency reaches historic low

The Romanian currency Leu (RON) has continued to weaken and reached a historic low yesterday, June 21, when RON/EUR exchange rate reached the maximum...

Indian group interested in buying ArcelorMittal’s biggest plant in Romania

JSW Steel, the biggest steel producer in India, will submit an offer for taking over ArcelorMittal’s steel plant at Galati in Romania, according to...

Globalworth starts third building of its office campus in Northern Bucharest

Globalworth Real Estate Investments, the biggest owner of office space in Romania, has started working on the third building of its Globalworth Campus office...

Dutch group will open two of the biggest co-working spaces in Bucharest

Dutch creative workspace provider Spaces will enter the Romanian market by opening two large co-working spaces in Bucharest. The company has leased 3,000 sqm on...

Romania has lowest food prices in EU

The prices of consumer goods and services in Romania were the second-lowest in the European Union (EU) in 2017, standing at 52% of the...

Parliament increases sales limit over which card payments are mandatory in Romania

The Parliament adopted a bill that increases the turnover threshold over which companies in the trade sector are obliged to accept card payments, Profit.ro...

From Our Partners

(P) DHL Carpathian Marathon 2018 is SOLD OUT! Over 140...

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Only one day left until the start of one of the most awaited mountain running competitions in Romania: 98% on mountain paths, only 2%...

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