Companies
Tender Wins Air Transportation Contract In Africa
Businessman Ovidiu Tender, who runs a group of geological, oil and gas exploration and tourism companies, says that his TEN Airways airline will operate flights for Guinea Bissau, one of the...
Eight Of Ten Largest Car Importers Saw Sales Drop In 2013
The ten largest companies in car trade business sold 72,200 cars in 2013, 3.6% fewer than in 2012, according to data released by the Automotive Manufacturers and Importers Association (APIA)...
Romania Central Bank Cuts Key Rate By 25 Bps To 3.5%
Romania’s central bank Tuesday lowered its main monetary policy rate by a quarter of a point to a fresh all-time low of 3.5% a year, in line with market expectations.
Romania To Spend Most EU Funds On Transport, Environment & Urban Development
Romanian Prime Minister Victor Ponta said the government wants to spend most of the European structural and cohesion funds for 2014-2020 on transport infrastructure, environment projects, ur...
Romanian Luxury Car Dealers Set Their Eyes On Chisinau
In less than two months, Rolls Royce has announced the delivery of a EUR250,000 model on the market of the Republic of Moldova, and Ferrari, through the importer of Romania and a local partn...
Bucharest Hotels Still Looking For Buyers
Several hotels in Bucharest put up for sale in 2008-2011 have not found a buyer so far, even though some owners have cut prices in a “lifeless” market that has not drawn the attention of any...
Almost 560 Green Power Generation Companies Registered In Romania
The number of companies in the renewable energy generation sector increased 18 times in 2009-2013 to 559 companies operating wind farms, solar parks or hydropower plants, which receive subsi...
Fashion Retailer Takko Goes To Small Cities
German-held fashion retailer Takko, present in Romania since the autumn of 2007, wants to open six stores this year, keeping up the expansion pace of 2013.
Hugo Boss Closes Romanian Stores On Dwindling Sales
Luxury brand Hugo Boss, present in Romania via a local franchisee, is set to shut down the two mono-brand stores in this country by late February, as the contract is drawing to an end and sa...