Investment spending will be Romania’s main growth driver, as the government will make sure to increase the absorption rate of European structural funds, says EY Romania Country Managing Partner Bogdan Ion. “Private investments also went up against the backdrop of lower interest rates for corporate loans and of enhanced confidence in the business milieu. Consumption […]
The Romanian Athenaeum, one of Bucharest's most iconic landmarks, is set to house a bookstore and a café, following public auctions organized for leasing the spaces, Profit.ro reported. The building's inventory value has also been updated to over EUR 36 million, according to official...
Hungarian state-owned company MVM expects to complete its acquisition of the majority stake in E.ON Energie Romania's gas and electricity supply division by June or July, CEO Karoly Matrai told Portfolio.hu, as reported by Reuters. The official also said that MVM does not intend to sell the companies it plans to acquire in Romania and […]
The Bucharest Stock Exchange’s new Code of Corporate Governance was recently presented at a conference organized jointly by BVB and the European Bank for Reconstruction and Development (EBRD) in Bucharest on Wednesday, February 5. At the conference, representatives of the two institutions, alongside stakeholders of the capital market in Romania and abroad, outlined the importance […]
EBRD chief economist Beata Javorcik, state adviser Florin Spataru, Transilvania IT Cluster manager Bianca Muntean, AmCham vice-president Cristian Sporis, and Constructii Erbasu CEO Cristian Erbasu were part of a panel on industrial policies in Romania and the region during an event held at the National Bank of Romania headquarters in Bucharest, February 5. After presenting […]
Tudor Platon’s An Almost Perfect Family and Radu Ciorniciuc and Lina Vdovîi’s Dad will be screened at this year’s DocPoint – Helsinki Documentary Film Festival. An Almost Perfect Family, produced by Carla Fotea / MicroFILM, was selected in the International Competition of the festival. The documentary Dad will be screened as part of the event’s […]
"The Romanian pet food market is larger than our domestic market in Ukraine. It shows significant potential and is growing steadily, with an average annual growth rate (CAGR) of 7%," states Yuriy Bykoriz, Managing Director CEE, Kormotech Global. Kormotech, a family-owned global pet food company with Ukrainian roots, has been producing food for cats and […]
