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Romania

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Romania Represents Huge Opportunity For British Online Retailers
Retail&Consumer

Romania Represents Huge Opportunity For British Online Retailers

Romania represents a huge opportunity for British online retailers, but consumers and companies have limited access to transborder online transactions, Esther Blythe, Great Britain's Deputy...

Gabriela Stan · 25.03.2014 · 12:14 · 1 min
Robert Bosch Romania Has New Managing Director
Automotive

Robert Bosch Romania Has New Managing Director

Mihai Boldijar was named the new managing director of Robert Bosch SRL and the representative of German group Bosch in Romania and Bulgaria at the beginning of the year, replacing Brigitte E...

Gabriela Stan · 24.03.2014 · 13:51 · 1 min
Huawei To Hike Investments Value, Employees Number In Romania
Technology &Telecoms

Huawei To Hike Investments Value, Employees Number In Romania

Chinese IT&C equipment maker Huawei plans to increase the value of investments in Romania and the number of employees to 1,000 by 2018, out of which 70% are Romanians, the company’s manageme...

Gabriela Stan · 21.03.2014 · 20:25 · 1 min
Romania Sees Biggest House Price Fall Among 42 Countries Worldwide In 2013
Real Estate

Romania Sees Biggest House Price Fall Among 42 Countries Worldwide In 2013

House prices in Romania reported the biggest fall among 42 countries in the world in 2013, namely 10.43%, compared with 5.96% a year earlier, according to a globalpropertyguide.com survey, b...

Gabriela Stan · 21.03.2014 · 17:27 · 1 min
Deutsche Bank To Open Global Technology Center In Bucharest By End-June 2014
Banks-Insurance

Deutsche Bank To Open Global Technology Center In Bucharest By End-June 2014

Germany’s largest lender Deutsche Bank Thursday said it will inaugurate a global technology center in Bucharest by the end of June 2014, which will create software applications for the bank.

Ecaterina Craciun · 20.03.2014 · 14:49 · 1 min
Wind Turbine Systems Maker Moves Part Of Production From China To Romania
Energy

Wind Turbine Systems Maker Moves Part Of Production From China To Romania

American Superconductor will open a production unit in Timisoara, where it will relocate part of its wind turbine systems production from China, under a larger restructuring and cost-cutting...

Oana Gavrila · 20.03.2014 · 10:37 · 1 min
Romania Ranks 154th Worldwide By Tourism Contribution To GDP
Social/Politics

Romania Ranks 154th Worldwide By Tourism Contribution To GDP

Romania ranks 154th in the world by the total contribution of travel and tourism to the GDP in 2013, with a 5.1% share, out of 184 countries, according to a report of the World Travel&Touris...

Gabriela Stan · 19.03.2014 · 14:34 · 1 min
Zara Opens Online Store In Romania In April
Retail&Consumer

Zara Opens Online Store In Romania In April

Zara, one of the seven brands Spanish giant Inditex operates on the local market, will launch an online store in Romania in April.

Ecaterina Craciun · 19.03.2014 · 11:27 · 1 min
Romania Paid $7B For Gazprom’s Gas In The Last 7 Years
Energy

Romania Paid $7B For Gazprom’s Gas In The Last 7 Years

Between 2007 and 2013, Romania paid $7 billion to the intermediaries of Russia’s gas giant Gazprom for the natural gas imported from Russia. In the past, Russian gas covered one quarter of t...

Gabriela Stan · 18.03.2014 · 22:00 · 4 min