Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Companies

Vodafone Romania donates EUR 250,000 to children's hospital

Wednesday, February 3, 2016

Vodafone Romania Foundation provided EUR 250,000 to the Emergency Hospital for Children 'Maria Sklodowska Curie' in the capital Bucharest. The money was used to help the 'Asociatia inima copiilor (Children's heart association)' NGO purchase a neuronavigation device and a column of endoscopy for the hospital's department of neurosurgery. From the same budget, an electro-physiology system will be acquired for the hospital. This equipment will enable the medical team at the ...

Insolvencies of Romanian companies decreased in 2015 by 50.38 percent

Wednesday, February 3, 2016

The number of insolvencies of Romanian companies decreased in 2015 by 50.38 percent, while deregistrations surged by 23.39pct, dissolutions by 52.53pct and temporary suspensions of operations by 12.1pct, according to data released by the National Trade Register Office ...

Kruger&Matz launches Style smart watch in Romania 

Wednesday, February 3, 2016

 Polish electronics group Kruger&Matz launched in Romania launched Style, a new smartwatch model that is compatible with smartphones that run Android 4.4 and iOS7 or newer versions, writes local publication Ibusiness.com. Powered by Linux OS, the smart watch features a MediaTek MT2502A processor, 1.22-inch screen and 320 mAh battery which ensures an autonomy of two days in normal conditions of use. The device can be set to tell end-users when they are inside an area ...

Agriculture minister: Albalact takeover should not be a problem for market or company employees

Wednesday, February 3, 2016

160203100348albalact.jpg

The purchase of the Romanian dairy producer Albalact by the French company Lactalis should not represent a problem for the Romanian market or for company employees, and the impact of this takeover should be a positive one, says the minister of agriculture, Achim Irimescu. “If we see what happened to Lactalis purchases previously, as it is not the first Romanian company bought by the French, I hope the impact will be a positive one, representing ...

Oltchim ended 2015 with a net profit of 519.22 million euro

Wednesday, February 3, 2016

The Oltchim Ramnicu Valcea petrochemical plant ended 2015 with a net profit of 519.22 million euro and a turnover growth of 18pct to 167 million euros, according to the company's preliminary report to the Bucharest Stock Exchange ...

Competition Council sanctioned three fuel wholesale companies for concluding an anti-competitive understanding

Wednesday, February 3, 2016

The Competition Council sanctioned with fines worth approximately 3.7 million euros (16.9 million lei) three fuel wholesale companies for concluding an anti-competitive understanding, the institution president, Bogdan Chiritoiu, told a press conference on ...

Analysis: the survivors of the Romanian business 14,000 investors have been doing business in Romania since 1990

Wednesday, January 27, 2016

160127094141investors_650x365.jpg

Almost 14,300 of the companies set up immediately after 1989 still operate at present in the Romanian economy, among which Electrolux, Doosan IMGB, Celhart Donaris and Severnav, according to an analysis of KeysFin. ‘The statistics data at the Trade Registrar show that, at present, they are active and do business 14,283 companies set up between 1990 – 1991. Among these, there names quite known such as Electrolux România SA, DOOSAN ...

PwC’s Global CEO Survey 2016 : 56% of Romanian CEOs expect to increase headcount in the next 12 months

Wednesday, January 27, 2016

Romanian CEOs amongst the most optimistic in the world about revenue growth prospects   50% of Romanian CEOs are very confident of revenue growth in their company over the next 12 months, according to the results of PwC’s Global CEO Survey 2016. This is six points up on last year’s 44% and 15% higher than the global average (35%), making Romanian CEOs some of the most confident business leaders in the ...

Energy Minister: The state-owned companies are not the only engine of the development of the capital market

Wednesday, January 27, 2016

 The state-owned companies are not the only engine of the development of the capital market of Romania, also are the private ones, Energy Minister Victor Vlad Grigorescu said on Tuesday in press conference on the 5th anniversary of the Proprietatea Fund listing at the Bucharest Stock Exchange ...

BearingPoint wins Central Banking Award 2016 as “Technology Provider of the Year”

Wednesday, January 27, 2016

160127094213c28eea10_1614_4994_bb66_4453a0e2ba92.jpg

* Data collection and regulatory analytics platform ABACUS/Regulator honored as leading-edge technology Management and technology consultancy BearingPoint wins the prestigious Central Banking Award 2016 in the category “Technology Provider of the Year.”, the company said in a press release sent on Tuesday. The judging panel honored BearingPoint for ABACUS/Regulator, a leading-edge data collection and ...

Kromatic invested 4,5 million euro in a laundry unit in Brasov

Wednesday, January 27, 2016

160127094247c1eeaed6_fe6b_4f12_b119_e8aa913e31bb.jpg

Part of Promar Textil, Kromatic is the only laundry in Europe to successfully implement RFID technology in HoReCa textiles management Hilton, one of the company’s main partners Promar Textil, one of the top companies on the textile production market, announces its entry on the professional laundry segment, through the launch of Kromatic Brasov, following a 4.5 ...

Maltese group acquires McDonald's operation in Romania

Wednesday, January 27, 2016

Premier Capital, which is based in Malta and listed on the Malta Stock Exchange, has acquired the operation of all McDonald's restaurants in Romania for $65 million. The acquisition waas made from McD Romania which owned and operated 66 restaurants in 21 cities, employing 4,000 people. Premier Capital's subsidiaries already operate McDonald's restaurants in Malta, Estonia, Latvia, Lithuania and ...

Competition Council sanctioned three fuel wholesale companies for concluding an anti-competitive understanding

Wednesday, January 27, 2016

The Competition Council sanctioned with fines worth approximately 3.7 million euros (16.9 million lei) three fuel wholesale companies for concluding an anti-competitive understanding, the institution president, Bogdan Chiritoiu, told a press conference on ...

Ikea's Vastint Romania acquires 48 hectar plot

Wednesday, January 27, 2016

Vastint Romania, the real estate division of IKEA, has announced the acquisition of a 48 ha plot of land in the northern part of Bucharest for a mixed project, “predominantly residential”. The plot is in Sisesti area, in the immediate proximity of Straulesti, and will benefit from an integrated transport system which is currently under development, Vastint informs. The system includes metro station Straulesti, which is expected to come into ...

Conpet's shares has been risen by over 70pct since they were listed on BVB

Wednesday, January 27, 2016

Crude oil transport company Conpet's CEO Liviu Ilasi has said on Friday that the company's shares has been risen by over 70pct since they were listed on the Bucharest Stock Exchange (BVB). According to Ilasi, the shareholding structure of the company has diversified lately. At the same time, the company's manager said that this company which has over 1,750 employees in 24 counties of Romania should become a regional and European ...

Welocalize Opens New Offices in United States and Romania

Wednesday, January 27, 2016

Welocalize, global leader in innovative translation and localization solutions, is pleased to announce the official opening of two new regional offices located in Chicago, Illinois and Cluj, Romania. The new locations will further increase Welocalize's geographic footprint and growth, supporting increased demand in global language services and expanding the range of globalization and localization solutions delivered by ...

Cosmopolis developer to invest EUR 20 mln in 500 new Romanian houses

Wednesday, January 27, 2016

Opus Land Development, developer of the Cosmopolis residential compound in north-east Bucharest, will invest approximately EUR 20 million in building 500 new houses within the residential compound, according to a press release from Coldwell Banker Affiliates of Romania, manager of the project since 2013. They will also build a shopping plaza “with a leasable surface of 3,500 square meters, whose main shops will be Carrefour and miniPrix”, say Coldwell ...

Ford factory in Craiova has new general manager

Wednesday, January 20, 2016

1601201033031284636350_visiting_the_ford_factory__craiova_442272.jpg

The Craiova Ford factory has a new general manager - John Oldham, with a 35 year experience at Ford Great Britain and Ford Europe and who has been assistant production manager at Ford Romania since 2015. Oldham replaces Jan Gijsen who had been in charge of Ford operations in Romania in the last 5 years and was appointed director of the European Manufacture Transformation Division at Ford Europe. The new director of Craiova ...

In 2015, RE/MAX brokered 19 million Euros worth of transactions

Wednesday, January 20, 2016

160120102541ffee6f1e_b9ea_4b71_a3d9_2f8be2978798.jpg

The company’s business obtained from commissions reached approx. 1 million Euros All the 15 RE/MAX offices brokered circa 300 transactions In 2015, RE/MAX Romania, part of the world leader in real estate and number one global franchise on this segment, brokered circa 300 real estate transactions with a total value of 19 million ...

Dan Agrisan, former manager SAPE, was named special administrator of the Hunedoara Complex Energetic

Wednesday, January 20, 2016

Dan Agrisan, former manager of SAPE (the society for the administration of shares in energy) was named special administrator of the Energy Complex Hunedoara according to the sources in the ministry of energy. CE Hunedoara went into default on 7 January 2016. The Hunedoara tribunal decided to name as administrator the insolvency house GMC SPRL Craiova, but the energy complex appealed this decision. The ministry of energy proposedthe Euro Insol company led by RemusBorza which ...

Premium News

Daily

Friday, February 5, 2016

Financial & Banking

Monday, February 1, 2016

Economic

Tuesday, February 2, 2016

Companies

Wednesday, February 3, 2016

Energy & Environment

Thursday, February 4, 2016