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InterContinental Returns to Romania
InterContinental has returned to Romania, this time on a different hotel in Bucharest, the Athénée Palace. It had left Romania in 2022, when the logo of the brand was removed from the hotel...
Bucharest Stock Exchange Ends 2021 with 33.2% Return
The Bucharest Stock Exchange ended 2021 with a 33.2% return, with BET main index for the first time crossing the psychological 13,000-point threshold toward the end of the year. Dividends in...
Shell Puts Together Local Team, Returns to Romania After 15 Years
Shell Romania, the local subsidiary of Shell, has a new team for expansion in Romania, after having operated via a local agent in the last 15 years.
Winmarkt Romania Makes Return to Growth Its 2021 Mission
The owner of the Winmarkt shopping centers has budgeted a return to growth this year after the pandemic made 2020 the most difficult year for the group operating in Italy and Romania.
Pink Post Eyes New Market Niche
Mailing services company Pink Post expects growth of 10% in revenue year-on-year in 2020 and expanded its range of services so it also delivered cards for the customers of the banks it works...
Over 300,000 Employees Expected Back To Work On May 4
The number of suspended employment contracts or furloughed employees dropped by almost 302,000 on April 30 compared with the previous day, which means people will return to work at their wor...
Betty Ice Founder Vasile Armenean: I May Get Back Into Food Industry Business
Entrepreneur Vasile Armenean, known for having founded and sold ice cream producer Betty Ice to Unilever, says he does not rule out a potential return to the food industry, considering the C...
Burger Kings Aims for 50 Restaurants in Romania in Five Years
US fast food brand Burger King returned to Romania as a franchise, this time with Poland’s Amrest group, which also operates the Starbucks franchise. Amrest has an about 200 million lei (EUR...
Romanian Expats Start To Return Home On Top Positions
Romanian expats are starting to return home on top management positions and comparable pay to what they were making in the West. A CEO position comes with a compensation package that has a f...