04.13.2016

World Class Romania will open its 20th fitness center in Bucharest in June, following EUR2 million investments. more

02.22.2016

Fourteen Romanian companies will attend the Mobile World Congress 2016, the main European event dedicated to mobile technologies, in Barcelona, between February 22-25. more

01.11.2016

Romanian Government and World Bank on Monday signed a Memorandum of Understanding to continue the providing of technical assistance to Romanian public institutions until 2023, in order to promote more

01.07.2016

The World Bank has revised its forecast for Romania's economic growth to 3.9% this year, from 3.2% seen previously, and to 4.1% in 2017, in line with European Commission and International Monetary more

10.28.2015

Romania climbed 11 spots and ranks 37th in World Bank’s Doing Business 2016 report, which analyzes the business environment in 189 countries, and is outranked by Macedonia, Georgia and other Baltic more

09.16.2015

Romanian President Klaus Iohannis will meet Thursday with a World Bank delegation led by executive director Frank Heemskerk, the presidential administration said in a statement. more

07.23.2015

World Class Romania, Romania’s largest fitness chain, aims to open 26 more fitness units by the end of 2017, at a total of 40 units throughout the largest cities countrywide. Also, it mulls to more

06.11.2015

The World Bank slightly upgraded Romania’s economic growth forecast to 3% in 2015, from 2.9% seen previously, according to the latest World Economic Prospects report released Thursday. more

05.28.2015

The increase of disposable income and developments of the labor market will fuel the private consumption, the main driver of Romania’s economic growth projected at 3% for 2015, according to the more

03.12.2015

The Finance Ministry repaid the first EUR1.5 billion tranche of the loan it took from the European Commission in 2009. The amount equals half of this year’s projected budget deficit. more

02.24.2015

World Class Romania, Romania’s largest fitness chain, in 2014 generated revenue worth EUR12.5 million, according to Mikael Fredholm, the company’s chief executive officer. Thus, the revenue of the more

01.14.2015

The World Bank estimates Romania’s economy will grow 2.9% in 2015, a downward revision from its previous forecast, but is expected to accelerate to 3.2% next year. 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

10.24.2014

The central bank and the Finance Ministry have only EUR2.2 billion left to repay of the loan Romania took from the International Monetary Fund in 2009, with the former repaying most of this amount, more

09.25.2014

World Class Romania, the country’s largest fitness chain, saw revenue go up by 44% in the first nine months of this year. A similar increase was registered in terms of the number of members. more

07.29.2014

The World Bank will provide technical assistance to Romania’s Financial Supervisory Authority (ASF), based on a memorandum signed Tuesday. more

06.17.2014

Romania’s Finance Ministry has borrowed EUR1 billion from the International Bank for Reconstruction and Development to finance fiscal policies and healthcare projects, the ministry said in a more

06.12.2014

Polish private equity fund Resource Partners, which controls fitness center network World Class, plans to reach 25-30 units in the next four years, from the current 11, and targets expansion outside more

06.11.2014

The World Bank has revised upward its forecast on Romanian economic growth to 2.8% in 2014 and 3.2% in 2015, the bank said in its latest global economic prospects report. more

05.23.2014

The Board of Directors of the World Bank Group has approved a EUR750 million budget support loan (DPL) for Romania, which targets the modernization of public expenditures and improvement in the more

04.04.2014

Romania needs to stimulate its economic growth to reach rates of 5% to 6% a year in order to converge with the living standards of the European Union. It also needs to continue structural reforms in more

03.31.2014

The World Bank will extend a credit line to Romania for development projects of EUR1 billion a year for the period 2014-2017, based on a new partnership strategy to be approved by the bank's board on more

03.28.2014

The World Bank’s Board of Executive Directors approved Friday a $338.8 million loan to Romania to improve the country’s healthcare infrastructure, the bank said in a statement. more

03.04.2014

Poland’s fund Resource Partners, specialized in private equity investments in Central and Eastern Europe, negotiated for 5 months with Sweden’s World Class on the takeover of the 71% stake the more

03.03.2014

World Class Romania, which operates 11 fitness centers in Bucharest, Timisoara and Cluj Napoca, will enter the portfolio of Polish fund Resource Partners, specialized in private equity investments in more