Romgaz
Romanian state-owned gas producer Romgaz has ordered a feasibility study for building a new gas power plant with an installed capacity of 400 to...

Romanian healthcare group MedLife aims to pass the EUR 200 mln turnover threshold this...

MedLife, the biggest private medical services group in Romania, recorded pro-forma sales of RON 606 million (EUR 130 million) in the first nine months...

Romanian seaside resort to be modernized with EU money

The Romanian seaside resort of Saturn will be modernized with EU funds. The total value of the project, which includes modernizing several streets and...

Romanian developer buys land plot and office building from Immofinanz

One United Properties, one of the most active real estate developers in Bucharest in recent years, owned by Romanian investors Andrei Diaconescu and Victor...
BRD

BRD sees higher profit in Romania on growing operating results

BRD Groupe Societe Generale, the third biggest lender in Romania by assets, recorded a consolidated net profit of RON 1.14 billion (EUR 245 million)...

EC cuts economic growth forecast for Romania to 3.6%

The European Commission (EC) has cut once again its economic growth forecast for Romania this year, to 3.6%, according to its autumn forecast. In July,...

EC asks Romania to give up split VAT payment system

The European Commission (EC) decided on Thursday, November 8, to send a letter of formal notice to Romania for applying a split payment mechanism...

Airbus signs 15-year collaboration contract with Romanian company

French group Airbus and Romanian helicopter producer IAR Ghimbav signed on November 6 a final contract for exclusive collaboration for a period of 15...

Romanian locomotive producer gets EUR 14 mln financing for six electric engines

Softronic Craiova, the only electric locomotive factory in Eastern Europe, controlled by four Romanian entrepreneurs, received a EUR 14 million loan from Raiffeisen Bank...

Romanian fintech startup gets EUR 1.5 mln financing from US fund

Instant Factoring, an on online micro-factoring company for small and medium enterprises (SMEs), has received a EUR 1.5 million financing from a U.S. investment...

Average net wage in Romania in September, 13% higher than last year

The average net wage in Romania reached RON 2,688 (EUR 577) in September, up by 0.7% compared to August and by 13.1% compared to...

From Our Partners

(P) When is a school much more than just a school?

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The answer is when it is a ‘Community’, and there is no better example of this than the International British School of Bucharest. The school’s...

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