Companies
Bucharest Subway Operator Sees Budget For Fifth Mainline Halved
The budget allotted for the construction of Bucharest’s fifth subway mainline linking Drumul Taberei to Universitate was cut by more than half after the 2012 budget revision, subway operator...
37 Romanian Companies Feature Among Top 500 Companies In CEE
OMV Petrom (SNP.RO), the largest company on the Romanian market, lost two positions in the ranking of the top 500 companies in Central and Eastern Europe, shows research conducted by consult...
Intel Reaches 100 Employees For Its Software Center, Plans To Continue Hiring
The software research and development center opened by U.S. giant Intel in Romania has reached around 100 employees since its opening in November 2010, when it had a team of 16 engineers, wi...
Over 1.5 Million Romanians Vacationed On Local Black Sea Coast This Summer, Spent EUR270M
Over 1.5 million Romanian tourists vacationed on the local Black Sea coast this summer, 15% more than last year, and spent around EUR270 million, according to the Federation of Employers in...
Romania Might Get More Than EUR40B From EU For 2014-2020
Romania may be allotted between EUR40 billion and EUR47 billion by the European Union for the 2014-2020 period, said Razvan Cotovelea, state secretary in the Ministry of European Affairs.
Survey: Romanian Employees Under More Stress Because Of Financial Situation
Romanian employees are under more and more stress, the majority (63%) citing their personal financial situation as the cause, says a study by office supplier Regus.
EU Warns Romania, Bulgaria, Czechs Over Defense Procurement
The European Commission has sent letters to Romania, Bulgaria and the Czech Republic to highlight EU laws concerning procurement, over concerns that they might conclude major defense deals t...
Power Connection In Romania May Take Up To 223 Days, Only 130 Days In Bulgaria
In Romania, in order to connect to the electricity distribution system, an entrepreneur with a warehouse located in Bucharest has to wait 223 days, according to the World Bank's survey on ho...
Stock Exchange In August: Big Rises, Small Volumes
The shares of four of the five regional investment companies SIFs and of Banca Transilvania (TLV.RO) in August brought investors gains ranging between 9% and 13% although the month was one o...