Polish group Żabka grew its local network of stores operated under the Froo brand to 204 after 32 openings in the first...
Online retailer eMAG.ro posted a turnover of EUR 41 million in the first six months of the year, which was up 64 percent on the same period of last year, the company has announced. EMAG expects the online retail market in Romania to grow in the second half of the year, after it went up by 30 percent in the first half.
Cheese producer Bongrain Europe has recently closed its acquisition of a 52 percent stake in local Delaco, according to Biris Goran law firm, which acted as advisor on the deal for the buyer. The deal, which had been previously announced, has got the Romanian Competition Council clearance.
The British ambassador to Romania, Robin Barnett, who is preparing to end his term in Romania, said the bureaucracy in the country is still high and that the infrastructure problems and the labor Code are barriers to investors in this country, he said, quoted by Mediafax newswire.
The biggest retailers in Romania run businesses worth EUR 7.5 billion in total last year, shows the recently published Top 100 companies in Romania report by Romania Insider. Last year, these 15 companies together posted sales of EUR 8.2 billion in total, the report shows.
Local charity Ovidiu Rom's already famous Haloween party, which will take place on October 30 this year, will recreate a Prom night from the 50s in the People's Palace location. The ball, which will be at its sixth edition, has used a different theme for each edition.
Israeli firm Pointer will provide road assistance service packages for BCR Asigurari's customers in Romania and in the Central Eastern Europe. Pointer, a provider of automatic vehicle location technology, is a subsidiary of Shagrir.
If you're a pancakes fan, tell your taste buds to prepare for the the Pancakes Festival which will take place in Moneasa between July 31st and August 1st. The organizers of the event plan to prepare as many as 20,000 pancakes, which will be a record-breaking number compared to the previous editions of the festival.
Romanian media, State-owned companies make 10 billion euro per year, but are incapable to generate profit- in Ziarul Financiar, Romanians asking for fiscal receipts, set to get part of spent money back - in Ziarul Financiar, UniCredit Group head: We're targeting a top 3 position in Romania - in Ziarul Financiar, A Romanian takes over the reins of Groupama - in Ziarul Financiar, Transelectrica invests EUR 18 million - in Ziarul Financiar, Billionaire Mittal brings EUR 83 million to save Hunedoara unit - in Ziarul Financiar
The eight edition of Stufstock, the concert series which takes place in Vama Veche, will be on between August 16 and 22 on the beach in the Romanian seaside resort. This year's edition will bring together, besides the rock music, also theater, film, photography and literature.
The availability rate for offices in Bucharest rose to 18.9 percent in the second quarter of this year, compared to a rate of 18.1 percent in the first quarter, according to DTZ Echinox. “A further increase of the availability ratio is expected by the end of the year, when a significant amount of new supply is about to be delivered: Platinum Business & Convention Centre, Swan Office Park (Phase I), Nusco Tower,” writes DTZ Echinox' statement.
Online retailer eMAG.ro posted a turnover of EUR 41 million in the first six months of the year, which was up 64 percent on the same period of last year, the company has announced. EMAG expects the online retail market in Romania to grow in the second half of the year, after it went up by 30 percent in the first half.
Cheese producer Bongrain Europe has recently closed its acquisition of a 52 percent stake in local Delaco, according to Biris Goran law firm, which acted as advisor on the deal for the buyer. The deal, which had been previously announced, has got the Romanian Competition Council clearance.
The British ambassador to Romania, Robin Barnett, who is preparing to end his term in Romania, said the bureaucracy in the country is still high and that the infrastructure problems and the labor Code are barriers to investors in this country, he said, quoted by Mediafax newswire.
The biggest retailers in Romania run businesses worth EUR 7.5 billion in total last year, shows the recently published Top 100 companies in Romania report by Romania Insider. Last year, these 15 companies together posted sales of EUR 8.2 billion in total, the report shows.
Local charity Ovidiu Rom's already famous Haloween party, which will take place on October 30 this year, will recreate a Prom night from the 50s in the People's Palace location. The ball, which will be at its sixth edition, has used a different theme for each edition.
Israeli firm Pointer will provide road assistance service packages for BCR Asigurari's customers in Romania and in the Central Eastern Europe. Pointer, a provider of automatic vehicle location technology, is a subsidiary of Shagrir.
If you're a pancakes fan, tell your taste buds to prepare for the the Pancakes Festival which will take place in Moneasa between July 31st and August 1st. The organizers of the event plan to prepare as many as 20,000 pancakes, which will be a record-breaking number compared to the previous editions of the festival.
Romanian media, State-owned companies make 10 billion euro per year, but are incapable to generate profit- in Ziarul Financiar, Romanians asking for fiscal receipts, set to get part of spent money back - in Ziarul Financiar, UniCredit Group head: We're targeting a top 3 position in Romania - in Ziarul Financiar, A Romanian takes over the reins of Groupama - in Ziarul Financiar, Transelectrica invests EUR 18 million - in Ziarul Financiar, Billionaire Mittal brings EUR 83 million to save Hunedoara unit - in Ziarul Financiar
The eight edition of Stufstock, the concert series which takes place in Vama Veche, will be on between August 16 and 22 on the beach in the Romanian seaside resort. This year's edition will bring together, besides the rock music, also theater, film, photography and literature.
The availability rate for offices in Bucharest rose to 18.9 percent in the second quarter of this year, compared to a rate of 18.1 percent in the first quarter, according to DTZ Echinox. “A further increase of the availability ratio is expected by the end of the year, when a significant amount of new supply is about to be delivered: Platinum Business & Convention Centre, Swan Office Park (Phase I), Nusco Tower,” writes DTZ Echinox' statement.