Colors of Romania - bun

Colors of Romania photo exhibition opens in Bucharest…

Colors of Romania, the yearly photo exhibition held by a group of expatriates in Romania, opens this weekend at Crowne…

Galvea Kelly

Facebook marketing: how to engage your fans better

What can marketing professionals do to better engage with their Facebook fans? Galvea Kelly One in every seven people across…

Cornelius Brody CEO iQuest(1)

Brody, iQuest: “We will definitely reach the target…

iQuest, a software company with development centers in Cluj, Brasov and Sibiu, forecasts it will post a turnover of approximately…

Lorian Ovidiu Vintila_ZTE

ZTE lines up big plans for Romanian telecom…

Chinese state-owned telecom equipment company ZTE is rolling out plans to set up one production line for handsets and tablets…

British_Investors_Forum

Changing the flat tax would be a mistake,…

Simplifying employment legislation, depoliticizing the public administration, developing the infrastructure, encouraging meritocracy in the civil service and the more assiduous…

british flag.sxc

British investors turn to energy and IT

After the protracted effects of the economic recession led many local UK investors to cut back on their investment budgets…

Bucharest Stock Exchange

Privatization program changes gear

Romania wants to privatize five state-owned energy companies on the stock exchange this year for around EUR 1 billion, with…

Power_electricity_Transelectrica 2

Foreign firms ‘have put EUR 16 bn into…

Foreign energy companies operating in Romania have invested around EUR 16 billion in Romania in the last decade, employing around…

SONY DSC

Romtelecom sees revenues fall by 3.7 percent, gets…

Romtelecom, part of Greek company OTE, saw its revenues fall by 3.7 percent in the first quarter of 2012, on…

Banca.Transilvania

Banca Transilvania net profit soars 73 percent y/y…

Net profit of Romanian Banca Transilvania (BT) gained 73 percent y/y to RON 91.8 million (EUR 21.1) in the first…

LATEST NEWS

Danone Romania reports 5.7 percent turnover increase for 2011

Dieter Schulz si Bogdan Ioachim
Retail & FMCG May 17, 2012 09:09 0 comments

Danone’s turnover in Romania amounted to RON 503 million (about EUR 119 million) in 2011, up 5.7 percent y-o-y, while sold volumes were flat. The growth rate is below the one reported for the previous year – in 2010 the company’s business grew by 10 percent y-o-y. “Danone Romania is our biggest business in the region and I would say…more »

stock exchange, Bucharest, BVB

Property Fund reports RON 1.5 mln loss in Q1

Stock Exchange May 16, 2012 15:06 0 comments

Property Fund (FP) reported a net loss close to EUR 350,000 in the first quarter of this year, due to…more »

ist2_8141806-bar-graph-decrease

FDI continue dropping: minus 4.3 percent in Q1

Investments May 16, 2012 14:51 0 comments

Non-residents’ direct investment in Romania amounted to EUR 425 million in the first quarter of this year as compared with…more »

Business

Dieter Schulz si Bogdan Ioachim

Danone Romania reports 5.7 percent turnover increase for 2011

May 17, 2012 09:09

0 comments

Danone’s turnover in Romania amounted to RON 503 million (about EUR 119 million) in 2011, up 5.7 percent y-o-y, while…more »

Fruits-and-Vegetables

Agriculture Minister proposes PPP for fruit and vegetable warehouses

May 16, 2012 11:55

0 comments

Setting up warehouses for fruit and vegetables would help local farmers get more money for their products and would also…more »

Investments

ist2_8141806-bar-graph-decrease

FDI continue dropping: minus 4.3 percent in Q1

May 16, 2012 14:51

0 comments

Non-residents’ direct investment in Romania amounted to EUR 425 million in the first quarter of this year as compared with…more »

British_Investors_Forum

Changing the flat tax would be a mistake, warn British investors

May 14, 2012 10:05

0 comments BR Exclusive

Simplifying employment legislation, depoliticizing the public administration, developing the infrastructure, encouraging meritocracy in the civil service and the more assiduous…more »

Money

stock exchange, Bucharest, BVB

Property Fund reports RON 1.5 mln loss in Q1

May 16, 2012 15:06

0 comments

Property Fund (FP) reported a net loss close to EUR 350,000 in the first quarter of this year, due to…more »

Local workers control a gas valve at the

Transgaz net profit falls by 11 percent y/y to EUR 39.7 mln in Q1

May 15, 2012 14:20

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Net profit of Transgaz, state-owned operator of the gas transmission system, dropped by 11 percent to almost RON 173.5 (EUR…more »

Tech

Diablo 3

Flanco: Romanian gaming market up 20 percent to EUR 20mln this year

May 16, 2012 10:32

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The value of the gaming market will reach over EUR 20 million, 20 percent up on last year, due to…more »

software piracy

Software piracy rate in Romania 63 percent last year

May 15, 2012 14:52

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The software piracy rate in Romania amounted to 63 percent last year, the equivalent of pirated software being in value…more »

Energy

Local workers control a gas valve at the

Transgaz net profit falls by 11 percent y/y to EUR 39.7 mln in Q1

May 15, 2012 14:20

0 comments

Net profit of Transgaz, state-owned operator of the gas transmission system, dropped by 11 percent to almost RON 173.5 (EUR…more »

Power_electricity_Transelectrica 2

Transelectrica net profit plummets 72.8 percent y/y to EUR 9.9 mln in Q1

May 15, 2012 13:22

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Net profit of grid operator Transelectrica, majority state-owned, fell by 72.8 percent in the first quarter of 2012 to RON…more »

Property

0022 - 2012.05.15 - Turda Parc logistic - www.FotoClaus.ro

Spanish Graells & Llonch invests EUR 200 million in Turda industrial park

May 16, 2012 13:17

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Graells & Llonch has begun works this week on a 400,000 sqm industrial park near Turda, Cluj county, which will…more »

HPIM0153.JPG

Bucharest apartment prices down 4 percent in Q1, sharper decreases ahead

May 14, 2012 13:20

1 comment

Prices of new apartments in Bucharest will most likely remain on a downward trend throughout 2012 and go down even…more »

Bucharest Going Out

landscape_EUROPAfest_2012

EUROPAfest musicians play to Prince Radu, jazz competition underway

May 16, 2012 08:05

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Romania’s Prince Radu, patron of EUROPAfest, has hosted a reception for some of the festival’s performers. Artists, both foreign and…more »

Colors of Romania - bun

Colors of Romania photo exhibition opens in Bucharest this weekend

May 15, 2012 13:34

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Colors of Romania, the yearly photo exhibition held by a group of expatriates in Romania, opens this weekend at Crowne…more »

Profiles

Almin Adzovic

MSD Romania has a new managing director

May 14, 2012 12:32

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Almin Adzovic is the new managing director of MSD Romania starting this month. He is taking over from Steve Warner,…more »

Lorian Ovidiu Vintila_ZTE

ZTE lines up big plans for Romanian telecom market

May 14, 2012 10:40

0 comments BR Exclusive

Chinese state-owned telecom equipment company ZTE is rolling out plans to set up one production line for handsets and tablets…more »

Lifestyle

Doncafe_Brasserie

Restaurant Review – Doncafe Brasserie

May 14, 2012 11:00

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For justice, we must go to Don Corleone. For lunch, we went to Doncafe. Debbie Stowe I’m fairly sure this…more »

magazin Comtesse du Barry

Le Manoir opens two Comtesse du Barry stores this May

May 10, 2012 13:19

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Le Manoir will take its take its network of Comtesse du Barry wine and delicatessen stores to six units this…more »

Calendar

Colors of Romania - bun

Colors of Romania photo exhibition opens in Bucharest this weekend

May 15, 2012 13:34

0 comments

Colors of Romania, the yearly photo exhibition held by a group of expatriates in Romania, opens this weekend at Crowne…more »

zanescu_1_RGB

Think and Act Regionally

May 07, 2012 14:11

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Although it seems at first sight a new advertising slogan, to think and act regionally is – for many Romanian…more »