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Romania Seeks to Raise RON3.2B, EUR250M Selling State Paper in May
Romania's finance ministry plans to raise nearly RON3.5 billion and EUR250 million selling state paper in May.
Eight Large Companies to Move 10,000 Employees to New Offices This Year
Renault, ING, Deloitte, Enel, UPC, WPP, BNP Paribas and Medicover are among the companies that will move into new offices this year. The eight companies have signed leases for 100,000 square...
Construction Materials Manufacturers to Invest Tens of Millions of Euros In 2019
Companies in the construction materials sector started 2019 with investments in their budgets, even though the market appears to be unpredictable due to the Emergency Ordinance 114/2018 intr...
Sonae Sierra Sees Romania as Growing Market, Wants to Expand Portfolio in the Country
Portuguese-held real estate investment company Sonae Sierra, one of the two developers of the Park Lake Mall in Bucharest, says it plans to expand with new projects in Romania, as the local...
Continental Prepares Over EUR180M Investments in Romania in 2019
The Continental group, the largest automotive component manufacturer in Romania, is planning new investments for 2019 as its research and development and electronic component divisions are e...
Ioan Popa, Transavia: We Want To Make Acquisitions
The next two years will be bumpy for Romania, says Ioan Popa, chairman of the largest chicken business in Romania, Transavia, but he is working on securing the business and is considering bu...
Economy And Salaries On The Rise, Half Of Young People Plan On Leaving The Country
Romania remains a country of contrasts, because, even though the economy and salaries are on the rise, and the job supply is greater than demand, half of the young people are actually planni...
Teraplast Owner Considering New Plant Central Europe
Businessman Dorel Goia, the majority shareholder of construction materials manufacturer Teraplast based in Bistrita, is looking at the Central European countries for opening new plants, afte...
Gersim Owner: Romanian Managers Complain About Conditions For Business Too Much
Romanian managers complain too much about legislative and fiscal changes, red tape and infrastructure in Romania instead of looking at the ‘excellent’ opportunities for business.