Den Braven Group, which has been recently taken over by financial companies Egeria and Wagram in an EUR 1 billion deal, will invest in expanding production capacities in Romania. The local subsidiary expects to reach a turnover of EUR 60 million within the following three year

The local subsidiary of Oracle Corporation, signed a five-year agreement for a 14,000 sqm office area in two office buildings, Oracle Tower and Nusco Tower, according to The Advisers/Knight Frank, who represented Oracle in the deal. Oracle will move to the new premises in Nusco Tower starting this autumn.

It's an August full of concerts in Romania – and most of them cater to the taste of rock music lovers and send them out of the capital city. Four rock festivals and the Iron Maiden concert can be the perfect getaway in Romania this month.

The Romanian Government will meet today in the afternoon to adopt the methodological norms for the Fiscal Code, which will be enforced immediately after. The norms introduce several changes in the taxation area, which are meant to increase the budget revenues.

The shareholders of real estate developer BelRom, Kris Henri Remi Carton and Steven Van Den Bossche have bought land on the premises of the Electroputere Craiova factory and plan to build a shopping center on some of the area. The mall will be called Electroputere Shopping Center and will require investments of EUR 45 million.

The Romanian economy will drop by more than it was previously expected due to a series of decisions and measures taken this year, said Romanian Prime Minister Emil Boc. The VAT increase, the flooding and the international context have contributed to the slowdown. Emil Boc sees a revival of the Romanian economy next year. He is yet to put forward a value for both the GDP decrease expected this year and the increase for next year.

The net profit of local lender BRD-Groupe Societe Generale went down by 13.7 percent in the first half of the year, to around EUR 88.6 million. Its net banking revenues was 7 percent higher, to EUR 422 million.

Telecom operator RCS&RDS has introduced a new online bill payment facility. The facility was built in partnership with lender BCR and EuroPayment Services. The online payment facility is accessible through the telecom's operator webpage, through a Digi account

More than two million people visited Romania's pavilion at the World Expo in Shanghai, which was opened three months ago...

Den Braven Group, which has been recently taken over by financial companies Egeria and Wagram in an EUR 1 billion deal, will invest in expanding production capacities in Romania. The local subsidiary expects to reach a turnover of EUR 60 million within the following three year

Den Braven Group, which has been recently taken over by financial companies Egeria and Wagram in an EUR 1 billion deal, will invest in expanding production capacities in Romania. The local subsidiary expects to reach a turnover of EUR 60 million within the following three year

The local subsidiary of Oracle Corporation, signed a five-year agreement for a 14,000 sqm office area in two office buildings, Oracle Tower and Nusco Tower, according to The Advisers/Knight Frank, who represented Oracle in the deal. Oracle will move to the new premises in Nusco Tower starting this autumn.

It's an August full of concerts in Romania – and most of them cater to the taste of rock music lovers and send them out of the capital city. Four rock festivals and the Iron Maiden concert can be the perfect getaway in Romania this month.

The Romanian Government will meet today in the afternoon to adopt the methodological norms for the Fiscal Code, which will be enforced immediately after. The norms introduce several changes in the taxation area, which are meant to increase the budget revenues.

The shareholders of real estate developer BelRom, Kris Henri Remi Carton and Steven Van Den Bossche have bought land on the premises of the Electroputere Craiova factory and plan to build a shopping center on some of the area. The mall will be called Electroputere Shopping Center and will require investments of EUR 45 million.

The Romanian economy will drop by more than it was previously expected due to a series of decisions and measures taken this year, said Romanian Prime Minister Emil Boc. The VAT increase, the flooding and the international context have contributed to the slowdown. Emil Boc sees a revival of the Romanian economy next year. He is yet to put forward a value for both the GDP decrease expected this year and the increase for next year.

The net profit of local lender BRD-Groupe Societe Generale went down by 13.7 percent in the first half of the year, to around EUR 88.6 million. Its net banking revenues was 7 percent higher, to EUR 422 million.

Telecom operator RCS&RDS has introduced a new online bill payment facility. The facility was built in partnership with lender BCR and EuroPayment Services. The online payment facility is accessible through the telecom's operator webpage, through a Digi account

More than two million people visited Romania's pavilion at the World Expo in Shanghai, which was opened three months ago...

Den Braven Group, which has been recently taken over by financial companies Egeria and Wagram in an EUR 1 billion deal, will invest in expanding production capacities in Romania. The local subsidiary expects to reach a turnover of EUR 60 million within the following three year