Companies
China’s Huawei To Open Regional Center In Bucharest, Romanian Government Pledges Support
Chinese telecoms equipment maker Huawei will open a regional center in Bucharest and will invest in research and education programs in Romania, for which the government has pledged its suppo...
Domo, emag.ro, evomag.ro, F64 Black Friday Sales Topped RON80M In First 12 Hours
Online IT and electronics retailers emag.ro, evomag.ro, F64 Studio and retailer Domo had sales of over RON80 million in the first 12 hours of their Black Friday sales campaign, the companies...
Fondul Proprietatea Sees Romania’s Special Building Tax Revenues At Up To RON900M
Romanian investment fund Fondul Proprietatea (FP.RO) estimates the state will collect between 700 million and 900 million lei (157-202 million euro) from a tax on special buildings applicabl...
Head Of SABMiller Says Romanian Strategy Focused On Value Of Sales, Which Explains Volume Decline
Alan Clark, CEO of giant SABMiller, which owns beer producer Ursus Breweries on the Romanian market, says Romania’s strategy during the years of economic crisis focused on the value of sales...
Bosch Starts Activity In Research And Development Center In Cluj
Germany’s Bosch opened this week its new research and development center in Jucu, Cluj county, where it plans to hire 325 people by the end of the year, the company said in a press release T...
Court Finds Memorandum With Rompetrol Unconstitutional
Romania’s Constitutional Court Thursday sustained President Traian Basescu’s objection and declared the law approving a memorandum of understanding (MoU) between Romania and oil group Rompet...
Romania Posts Bumper 2013 Corn, Sunflower Harvest
Romania recorded bumper corn and sunflower crops this year thanks to favorable weather, Agriculture Minister Daniel Constantin said Thursday.
Garanti Sees Romanian Leasing Market Flat At EUR1.3B This Year
The Romanian leasing market could stagnate this year at EUR1.3 billion, although leasing companies were hoping for a 10% growth in the industry at the beginning of the year, Garanti Leasing...
Ford Expects To Sell 6,000 Cars In Romania This Year, Fewer Than In 2012
U.S. carmaker Ford estimates it will sell 6,000 cars in Romania this year, including light commercial vehicles, fewer than in 2012, when it sold 6,800 units.