Globalworth, the biggest owner of office space in Romania, recorded net revenues of EUR 43.1 million on the local market in the first half...

Vodafone will lay off 1,700 service center employees in Romania, India and Egypt

Vodafone, one of the biggest telecom groups in the world, will lay off 1,700 employees from its service centers in Romania, India and Egypt,...

Romanian power producer Hidroelectrica to partner with Austrian group Verbund

State-controlled Hidroelectrica, the biggest power producer in Romania, plans to sign a cooperation agreement with Austrian group Verbund, according to a company note. The...

Study: Bio products market in Romania up 30% this year

The sales of bio products on the local market went up 30% this year, a study of online store Getbio.ro revealed. Organic food products, cosmetics,...

Over 5,000 Romanian merchants sell their products on eBay

Over 5,000 Romanian merchants sold products through the international e-commerce platform eBay in the first seven months of this year. The total sales volume...

Romanian investor elected president of the European Property Federation

Liviu Tudor, one of the biggest real estate investors in Romania, was elected president of the European Property Federation (EPF) an organization that represents...

EBRD president signs two loans while on visit in Romania

The European Bank of Reconstruction and Development (EBRD) will finance Romanian car rental services provider Autonom with EUR 5 million. The loan will enable...

Emirati Sheikh says his country wants to increase investments in Romania

Emirati Sheikh Hamdan bin Zayed Al Nahyan made an official visit to Romania during which he had a meeting with president Klaus Iohannis on...

Update: Romanian tech unicorn reaches USD 3 bln valuation after new financing round

Romanian tech unicorn UiPath, which specializes in robotic process automation, reached a USD 3 billion valuation after raising USD 225 million from Sequoia Capital...

EIB lends Romania EUR 450 mln for the Rural Development Program

The European Investment Bank (EIB) will lend EUR 450 million to Romania to finance its national contribution to the implementation of the Rural Development...

German discount retailer Kik enters Romanian market with first shop in Oradea

German fashion discount retailer Kik will open its first shop in Romania within the Prima Shops strip mall in Oradea. The project was developed...

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