Telekom Romania, one of the biggest local telecom groups, has launched its first two loans in partnership with Polish lender Alior Bank. The loans are...

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...

Beer sales go slightly up in Romania

The Romanian beer market went up by 2% in 2017 versus the previous year, reaching a sales volume of 16.11 million hectoliters. The beer consumption...

Czech media group buys Lagardere’s radios in Romania

Czech Media Invest, one of the biggest media groups in Czech Republic, is the new owner of Romanian radio stations Europa FM and Virgin...

US fund plans to buy drug producer with factory in Romania

US private equity fund Advent International has entered into exclusive negotiations with French pharmaceutical group Sanofi to buy its European generic drug division Zentiva. Advent...

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