Rituals cosmetic brand, with over 10,000 employees in 43 world countries and a portfolio of 800 products, which entered Romania with its own store in the Fall, is now extending in the local market to a second store in Sun Plaza, Bucharest. The first store opened in the Mega Mall, a commercial center in Bucharest. Until now, products had been sold vis Douglas, Sephora network. The company was set up in 2000 in Amsterdam, and is now present in cities like London, Paris and Hong Kong with its own 1,185 stores, 4,200 sales points in other stores, five spas and the first Mind Oasis in the world, in Amsterdam. Rituals opened in 2023 similar locations in Antwerp, Barcelona, Frankfurt and Paris. The brand is found and headed by the Dutch Raymond Cloosterman.
Deputy prime minister Oana Gheorghiu will lead a working group tasked with reforming Romania's loss-making state-owned companies, prime minister Ilie Bolojan said in an interview with ProTV, as reported by G4media.ro. Her predecessor, Dragos Anastasiu,
Romanian prime minister Ilie Bolojan, on November 19, in an interview given to ProTV and quoted by Hotnews.ro, explained that the pension-wage cumulation ban will apply only to the so-called special pensions, namely those not based on past contributions, as opposed to all pensions as implied by Social Democrat (PSD) labour...
Statements by Romanian prime minister Ilie Bolojan about cutting by 10% the total personnel budget for all ministers and other similar contracting units, as opposed to only the central administration of the respective bodies, prompted on November 19 a radical reaction from the Social Democratic Party (PSD) and trade unions in the public sector. No […]
Romania’s Ministry of Labour unveiled for public consultations the revised law on magistrates’ pensions, and the government, in a press release, expressed its hope that the approval process, including by the Superior Council of Magistracy (CSM), will proceed expeditiously. However, CSM vice president Claudu Sandu has already publicly rejected the law as insufficient. The bill is […]
PPC, the largest power supplier in Greece, also active in Romania with distribution, production, and supply operations after it took over Enel's operations in the country, announced at the Capital Markets Day event investment plans worth EUR 3 billion over the next three years in Romania, according to Economica.net....
The Romanian authorities will prepare framework legislation aimed at smoothing the sale of Lukoil's assets, including Petrotel refinery, according to Digi24, citing sources familiar with the negotiations. Initially, minister of energy Bogdan Ivan said Romania must take...
