ING Bank Romania will close all the physical cash desks by October 29, as it plans to turn its local branches into self-service units,...

What kind of benefits do Romanian employees ask from their employers?

Almost one in four Romanian employees consider that lunch should be included in their benefits package when getting a job, according to a survey...

EBRD president warns of middle income trap risk in Romania

Romania is at risk of falling into the middle income trap, Sir Suma Chakrabarti, the EBRD president, warned in a speech delivered at the...

Romanian rail freight group takes control of local drug factory

Romanian rail freight group Grampet, controlled by local investors Gruia Stoica and Vasile Didila, took control of the Polisano Pharmaceuticals drug factory in Sibiu...

Media: Ringier gives up EUR 2 mln contract with Bucharest’s District 1 City Hall

Ringier Romania, the local subsidiary of Swiss media group Ringier, announced on Monday, September 17, that it gave up a EUR 2 million contract...

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...

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