Companies
State Puts More Pressure On Tax Evaders Than On Good Payers
The Romanian state’s promises and effort to bring more money to the budget ultimately translates into more pressure, though not on tax evaders, but on all those who pay their obligations to...
VIG Stays In Romania Because Of Its Potential, CEO Says
Romania remains an important market for the Vienna Insurance Group (VIG) even though the local business has shrunk by one third during the crisis and the Romanian operations were the only on...
Moratti Family Puts EUR200M Wind Project In Constanta “On Hold”
Oil giant Saras, a business of around EUR12 billion chaired by Massimo Moratti, says it has suspended the authorization process for a EUR200 million wind project it planned to build in Const...
Andrei Gerea Sworn In As Economy Minister
Andrei-Dominic Gerea has been sworn in as Romania's new Economy minister Wednesday at the Presidential Palace.
BRD Sogelease Has New Commercial Manager Starting October
BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, has appointed Cosmin Baiu to the position of commercial manager starting October 1, the company said i...
Raiffeisen evolution Plans To Buy Land In Bucharest For More Office Projects
Austrian company Raiffeisen evolution is considering buying more land in Bucharest to develop medium-sized office buildings.
Romanian President Signs Decree Appointing Andrei Gerea Economy Minister
Romanian president Traian Basescu on Wednesday signed the decree appointing Andrei-Dominic Gerea as the country’s new economy minister, the president’s office said in a statement.
dm drogerie markt Opens Five New Stores In Romania In October And November
Austrian cosmetics and fast-moving consumer goods retailer dm drogerie markt will open five new stores in Romania in October and November, reaching a national network of 68 stores.
Sarantis To Close Elmiplant Factory In Romania, Moves Production To Greece
Greek cosmetics group Sarantis will shut down its Elmiplant cosmetics factory in Romania, which it bought in 2007 from company founders, and will move production to Greece to support the cou...