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Romania

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McDonald’s Reaches 72 Restaurants In Romania After RON2.6M Investment In New Unit In Ploiesti
Companies

McDonald’s Reaches 72 Restaurants In Romania After RON2.6M Investment In New Unit In Ploiesti

Fast-food restaurant chain McDonald’s Romania, the biggest player on the local restaurant market, held by Malta’s Premier Capital, has opened its fourth restaurant in Ploiesti and its 72nd u...

Ecaterina Craciun · 31.05.2018 · 16:04 · 1 min
Survey: Average Payment Terms In Romania Are 36 Days; Late Payments Hinder Recruitment
Companies

Survey: Average Payment Terms In Romania Are 36 Days; Late Payments Hinder Recruitment

The average payment terms in Romania are 36 days, which represent a setback in hiring new employees for the companies affected by late payments, according to a survey released on Wednesday b...

Ecaterina Craciun · 30.05.2018 · 16:55 · 2 min
Immofinanz Reports EUR11.9M Rental Income From Its Romanian Properties In 1Q/2018
Companies

Immofinanz Reports EUR11.9M Rental Income From Its Romanian Properties In 1Q/2018

Austrian-held real estate developer Immofinanz registered rental income of EUR11.9 million from its office buildings and retail properties in Romania, in the first quarter of 2018, accountin...

Ecaterina Craciun · 30.05.2018 · 14:48 · 1 min
NEPI Rockcastle 2017 Rental Income In Romania 10% Higher At EUR147M
Real Estate

NEPI Rockcastle 2017 Rental Income In Romania 10% Higher At EUR147M

South-African real estate developer NEPI Rockcastle, which owns shopping malls Promenada and Mega Mall in capital Bucharest, registered rental income of EUR147 million in 2017 from its prope...

Ecaterina Craciun · 24.05.2018 · 12:15 · 1 min
EC Urges Romania To Address Budget Deficit, Voices Concern About Judicial Reform
Macroeconomics

EC Urges Romania To Address Budget Deficit, Voices Concern About Judicial Reform

The European Commission on Wednesday urged Romania to address its budget deficit and voiced concern about the country’s judicial reform, questioning the irreversibility of progress made so f...

Miruna Gaman · 23.05.2018 · 17:46 · 1 min
Continental Plans To Employ 250 Engineers And IT Experts At Its R&D Center In Iasi By End-2018
Companies

Continental Plans To Employ 250 Engineers And IT Experts At Its R&D Center In Iasi By End-2018

German group Continental, the largest automotive component manufacturer in Romania, keeps expanding the team at its research and development (R&D) center in Iasi (north-eastern Romania) wher...

Ecaterina Craciun · 23.05.2018 · 14:39 · 1 min
Azets Plans To Reach 1000 Employees In Romania, From 700 Currently
Companies

Azets Plans To Reach 1000 Employees In Romania, From 700 Currently

Azets, the leading provider of technology and services within accounting, payroll, HR, staffing and advisory in the Nordics, has 700 employees in Romania and plans to reach the 1,000 mark in...

Ecaterina Craciun · 23.05.2018 · 13:42 · 1 min
JYSK Opens Its 58th Store In Romania, in Curtea de Arges
Companies

JYSK Opens Its 58th Store In Romania, in Curtea de Arges

JYSK Romania, one of the biggest furniture and home accessories retailers, part of Scandinavian group JYSK Nordic, will be opening its 58th store in Romania, and its sixth this year, on Thur...

Ecaterina Craciun · 22.05.2018 · 19:51 · 1 min
Boldijar: Bosch Keeps Its Strong Foothold In Romania, Posts RON1.9B Consolidated Sales In 2017, Up 26% On Year
Companies

Boldijar: Bosch Keeps Its Strong Foothold In Romania, Posts RON1.9B Consolidated Sales In 2017, Up 26% On Year

Bosch, global leader in providing technologies and services, ended 2017 fiscal year with consolidated sales of RON1.9 billion (EUR416 million) in Romania, which translates into a strong annu...

Ecaterina Craciun · 22.05.2018 · 15:00 · 1 min