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Danish retailer JYSK sees higher sales and profits in Romania
Danish furniture and home decor retailer JYSK recorded a turnover of RON 612.5 mln (EUR 127 mln) in Romania in the 2019-2020 financial year, up by 5.3% compared to the previous year. The gross (...)
Nov 27, 2020
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Bosch Romania opens medical center for own employees near factory in Blaj
German group Bosch, a global leader in technology and services with over 8,000 employees in Romania, has opened a medical center for its employees in Blaj, in the central part of the country, (...)
Nov 27, 2020
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Cargus courier opens new warehouse near Bucharest after EUR 7.4 mln investment
Urgent Cargus, the second-largest courier company in Romania after Fan Courier, inaugurated a second warehouse near Bucharest, in Dragomiresti-Deal, following an investment of EUR 7.4 million. (...)
Nov 27, 2020
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Romanian digital marketing company lists its shares on Bucharest Stock Exchange
Romanian tech company 2Performant, which presents itself as the leader of the local affiliated marketing market, will list its shares on the Bucharest Stock Exchange’s AeRO market by the end of (...)
Nov 27, 2020
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Romanian energy trader plans to raise EUR 5 mln with bond issue
Restart Energy One, a green energy producer and supplier of electricity and natural gas, will carry out a private placement of green bonds in the next period, aiming to raise about EUR 5 million (...)
Nov 27, 2020
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Romanian meat processor gets EUR 90 mln syndicated loan
Carmistin Group, one of the leading players in the Romanian agribusiness and meat processing market, has signed a syndicated loan amounting to RON 427 million (EUR 90 mln). The financing came (...)
Nov 27, 2020
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Romania’s trade with Germany shrinks by some 13% this year
The volume of trade between Romania and its biggest trade partner - Germany - decreased by 13.4% in January-September 2020 compared to the same period last year, to EUR 21.3 billion, in the (...)
Nov 27, 2020
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Romanian FinMin Citu wants to attend central bank’s monetary policy meetings
Romania's finance minister Florin Citu plans to attend the monetary policy meetings held by Romania's National Bank (BNR) to express his ministry's position about further monetary policy rate (...)
Nov 27, 2020
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Romania’s public deficit exceeds 7% of GDP in Jan-Oct
Romania's budget deficit increased by RON 6.77 billion (nearly EUR 1.4 bln, or 0.7% of the year's GDP) in October, reaching RON 74.0 bln (EUR 15.2 bln) in the first ten months of the year. The (...)
Nov 27, 2020
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Designer Karim Rashid signs the DALET Color sanitary ware collection from Delta Studio’s portfolio
The investment in this new collection exceeds 50,000 euro, an amount that is added to the total investments of 2.5 million euro in the development of the DALET brand DALET, a Romanian brand of (...)
Nov 26, 2020
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PM Orban: Gov't committed to make full use of EU financial package made available to Romania for development
The government is committed to make full use of the EU financial package made available to Romania in the coming years for its development, Prime Minister Ludovic Orban said on Thursday at the (...)
Nov 26, 2020
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CSAT sitting next Thursday with strategy regarding anti-COVID-19 vaccination on agenda
The sitting of the Supreme Council for the Country’s Defence (CSAT), the agenda of which includes the topic of the strategy for anti-COVID-19 vaccination in Romania, will take place next Thursday, (...)
Nov 26, 2020
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Gruia Dufaut Law Office presents: Companies Law-New Legal Provisions
The law n ° 223/2020 aimed at simplifying and smoothing the transfer of shares and the payment of share capital, published in the Official Journal n ° 1018 of November 2, 2020, entered into force (...)
Nov 26, 2020
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Kazakhstan to hold parliamentary elections on January 10: Kazakh citizens in Romania will be able to vote at the Embassy in Bucharest
Kazakh citizens in Romania will be able to vote in the parliamentary elections in Kazakhstan scheduled for January 10 at the polling station at the Embassy of Kazakhstan in Bucharest, the (...)
Nov 26, 2020
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PM Orban: Romania to benefit from European funding of approx. 6 billion euros, through the Modernization Fund
Prime Minister Ludovic Orban said that Romania will benefit from European funding estimated at approximately 6 billion euros, through the Modernization Fund, in the period 2021-2030, and the (...)
Nov 26, 2020
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Alegeri parlamentare in Kazahstan pe 10 ianuarie: Cetățenii kazahi din România vor putea vota la Ambasada de la București
Cetățenii kazahi din România vor putea vota la alegerile parlamentare din Kazahstan programate pentru 10 ianuarie, la secția de votare de la Ambasada Kazahstanului la București, a anunțat joi (...)
Nov 26, 2020
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Iohannis: It is important that discussions on National Recovery and Resilience Plan go beyond paradigm of electoral populism
President Klaus Iohannis said on Thursday that the most appropriate measures and policies for Romania's economic recovery and development must be prepared in the current context, and stressed (...)
Nov 26, 2020
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