11.14.2014

The Romanian economy needs big entrepreneurial businesses to be able to offset the foreign capital that currently accounts for half of the revenue and more than 45% of the profit even though it stands more

11.05.2014

Businessman Ovidiu Sandor, developer of office projects City Business Center in Timisoara and The Office in Cluj, will complete the fifth building in Timisoara-based office project next summer, namely more

10.29.2014

Romania climbed two spots and ranks 48th in World Bank’s Doing Business 2015 report, which analyzes the ease of running a business in 189 countries, and is outranked by Rwanda, Bulgaria, and more

10.28.2014

Romanian managers estimate moderate growth in the manufacturing industry, but a decline in activity in the constructions sector in the fourth quarter, the statistics institute INS said in a survey more

10.21.2014

Demand from business clients is weaker than demand coming from retail users as companies are still concerned with slashing costs, states Jean Francois Fallacher, chief executive officer of Orange more

10.16.2014

Three quarters of family businesses in Romania registered growth in the past year but face fiercer competition and growing pressure on prices, according to the PwC Family Business Survey released more

10.07.2014

Individual investors of limited-liability companies who provide capital for a business start-up will benefit from interest-free loans and fiscal exemptions for dividends for three years, Florin Jianu, more

09.30.2014

German transport group Deutsche Bahn will develop a services center employing several hundred people in the Hermes Business Campus in Pipera, northern Bucharest. more

09.29.2014

Romanian managers estimate moderate growth in activity in the manufacturing industry and services in September-November, the statistics institute INS said in a survey released Monday. more

09.22.2014

Fair Value, a local company that exclusively implements business software solutions developed by Germany’s SAP, plans to grow its business by tapping foreign markets where SAP leads and where more

09.17.2014

Daniel Toma, a former employee of Florin Talpes, the creator of IT security company Bitdefender, set up a business that provides business optimization software solutions, which registers two-digit more

09.11.2014

Romania’s minister for SMEs, Florin Jianu, a former businessman, wants to find other funding sources for the development of small and medium-sized businesses beside EU funds and the state budget. more

09.10.2014

Volksbank Romania will open ten business centers in Romania this year, the first of which in November, in Cluj-Napoca, and targets to double its market share on the corporate segment, to 3%, by 2018, more

08.28.2014

Romanian managers forecast activity in the retail and services sectors will grow in the August-October period compared with the previous three months, the statistics institute INS said in a survey more

08.05.2014

UniCredit Tiriac Bank has reached an agreement with Royal Bank of Scotland Romania to acquire the latter’s corporate business, pending regulatory authorizations, the two lenders said in a joint more

08.05.2014

Victoria Center, located on Calea Victoriei street, Sky Tower (near Promenada mall) and business park AFI Business Park (near AFI Palace Cotroceni shopping center) are Bucharest’s office projects more

07.28.2014

Romanian managers expect activity in all economic sectors to grow in the July-September period compared with the previous three months, the statistics institute INS said in a survey Monday. more

07.15.2014

Belgium's group Atenor, which completed its first project in Romania this spring, an office building in Hermes Business Campus of Pipera, is to start this autumn works for the second building of the more

07.09.2014

Romania is riskier for business than Bulgaria, Hungary, China, Chile and Malaysia, ranking 26th among 43 emerging market countries classified by Bloomberg from the riskiest to the safest. more

07.08.2014

The Romanian International Bank (RIB), a unit of Polish financial group Getin Holding, will be rebranded as Idea Bank and will relocate its headquarters to the Hermes Business Campus in northern more

06.30.2014

Executives in Romania expect activity in all economic sectors to continue to grow in the June-August period compared with the previous three months, the statistics institute INS said in a survey more

06.27.2014

French Philippe Lejeune, the executive who has been running the 12 Cora hypermarkets in Romania, said the retailer has no intention to sell its operations in Romania, but to consolidate its local more

06.26.2014

Piraeus Bank Romania, a unit of Greece’s second-largest bank Piraeus Bank, Thursday said it opened its third business center, in southern city of Ploiesti, which will serve small- and medium-sized more

06.16.2014

Almost 70% of the foreigners accommodated in the first quarter of the year in Romanian hotels and boarding houses came for business, congresses, conferences, exhibitions, and only 30% came for more

06.12.2014

Romanian entrepreneurs are working to build up a business in an environment facing constant and unexpected changes, thus their price expectations when selling the business are correct, Cezar Scarlat, more