Deloitte Romania and Reff & Associates, the law firm representing Deloitte Legal global network in Romania, provided assistance to Haier Tech, a Romanian company belonging to the Haier Group, in the project for building in Prahova county the first Haier’s refrigeration factory in the European Union. After assisting Haier Tech in obtaining the financing agreement for state aid in December 2019, Deloitte’s Management Consulting practice is now advising Haier Tech in the implementation of the large investment project that exceeds EUR 53 million, for which the state will provide aid of EUR 25 million.
Almost half (45%) of births to mothers under the age of 15 in the European Union (EU) states come from Romania, where one in ten newborns has a teenage mother, according to a recent study by Save the Children. Although only 4.59% of births in the EU were from Romania in 2022, the percentage grows […]
The mayor of Bucharest’s District 1, Clotilde Armand, is facing serious legal implications after she was indicted. Prosecutors have accused her of self-appointing as the manager of an anti-corruption project, a move that allegedly led to an increase in her monthly allowance. The case was opened following a complaint by the National Integrity Agency, which […]
Nearly two-thirds of the respondents to a recent INSCOP survey believe that Romania met all the criteria also to join the Schengen area with its land borders, but some states block the country’s full accession for economic reasons,
Central and Eastern European startup nPloy has expanded its job posting offering with remote, location-flexible jobs in the technology industry to over 1,000 remote posts provided by more than 100 global tech companies, such as GitLab, Brevo, Airalo, Binance, AngelList, Polygon, Kraken, and Zapier. "And from what we see in the last few weeks since we […]
In the day when the opening of Arges Mall in Pitesti (April 25) brought the third Mcdonald's and also the third KFC fast food restaurant in the city, as well as a long array of fashion outlets such as Zara, Pull&Bear, Bershka, Stradivarius, Reserved, House, Cropp, Sinsay,...
Romania’s leading financial group Banca Transilvania (BVB: TLV) announced that its shareholders endorsed the disbursement of RON 1 billion (EUR 200 million) as dividends, out of last year’s RON 2.5 billion net profit, at a gross yield of 4.4% based on the most recent trading price. The shareholders also approved a capital increase by the […]
