A poll conducted by INSCOP for News.ro during April 12-20 shows that the ruling coalition made up of the Social Democratic Party (PSD) and the National Liberal...
IMF mission head Jeffrey Franks has told HotNews.ro that Romanian "growth in 2012 will be lower than we had previously expected due to the effects of problems in the rest of the European Union." On a possible cut in social contributions, a measure that the Romanian business environment has been pressing for, Franks said "there will be very limited room in the 2012 budget for new initiatives". He also sanctioned the Romanian government progress when it comes to arrears and the reform of state companies.
A poll conducted by INSCOP for News.ro during April 12-20 shows that the ruling coalition made up of the Social Democratic Party (PSD) and the National Liberal...
Eleco, a specialized software supplier listed on the Alternative Investment Market of the London Stock Exchange, has acquired the Vertical Digital group of companies, consisting of Vertical Digital and Sons of Coding, software companies based in Oradea and Timisoara. Vertical Digital and Sons of Coding were acquired for an initial sum of EUR 1.3 million […]
One of the companies in the Romanian group Uzinsider, controlled by businessmen Emanuel Babici and Constantin Savu, has announced that it is taking steps for the construction of hydraulic turbines within a factory in Ploiesti and will submit a request for 75% of the project to be financed under the Just Transition mechanism dedicated to […]
The representatives of the World Bank, during their meeting in Washington with representatives of Romania's Finance Ministry, assured that the Bank would speed up the contracting process for loans of approximately EUR 1 billion to the country to finance development policies aimed at green and inclusive growth (Development Policy Financing/Loan – DPF/DPL) and risk management […]
Romanian independent fuel distribution company JT Grup Oil initiated the procedures and announced plans to carry out a public offering (IPO) by which 10 million new shares worth EUR 12 million and accounting for 28.5% of its capital would be followed by the listing of its shares at Bucharest Exchange (BVB), according to still incomplete […]
The industrial and logistics hubs developed by Transilvania Construcții serve top industries such as building materials, automobiles, food, IT, medical, and pharmaceutical, according to internal company statistics. Strategically developed in the Western and Eastern parts of the country, the company offers supply chain projects with more than 250,000 rentable m2 in 83 industrial and logistic […]