Companies
Melania Hancila Joins Deloitte Romania As Strategy&Operations Manager
Melania Hancila has joined audit and consulting firm Deloitte Romania and will be in charge of coordinating growth and efficiency projects.
Takeover Confirmed: Astra Buys AXA’s Local Subsidiary
French group AXA confirmed Friday it sold its operations in Romania to insurer Astra Asigurari, owned by Romanian businessman Dan Adamescu, and will exit the local market.
Kaufland Opens New Hypermarket In Bucharest
Retailer Kaufland Romania has opened a new hypermarket in Bucharest, its fifth in the city and 88th in the country.
Ford Halts Production In Romanian Plant In December
U.S. carmaker Ford decided to temporarily halt production at its plant in Craiova in December as well and employees will return to work on January 6 in the engine division and January 8 on t...
Chinese Companies In Romania Boast Turnover Of Half A Billion Euros
Chinese-controlled companies had a total turnover of 2 billion lei (EUR454 million) in Romania last year, down 8% against the previous year, according to Trade Registry data.
Michel Camdessus At ZF’s 15-Year Anniversary Gala: Speed Up Growth To Bridge Eurozone Gap
Michel Camdessus, former head of the IMF between 1987 and 2000, said on Wednesday at the ZF Gala that Romania has a very challenging objective until 2020: speed up economic growth and struct...
Batoux, Coca-Cola: Boosting Consumer Confidence, Biggest Challenge For Companies And Governments
The biggest challenge companies and governments are facing now is boosting consumer confidence, says Stephane Batoux, general manager of Coca-Cola HBC Romania and Moldova, the largest soft d...
Romania Set To Reach 2020 Green Energy Quota Next Year
Romania will reach in January 2014 its target quota for renewable energy consumption, six years earlier than the 2020 term agreed with the European Union, the country’s energy watchdog ANRE...
AmCham Companies Invested EUR1.2B In Romania In 2010-2012
Investments made in Romania in 2010-2012 by the 350 companies part of the American Chamber of Commerce in Romania - AmCham total EUR1.2 billion and account for 24% of all foreign direct inve...