Romanian construction company Concelex announced it was strengthening its management team by bringing in two professionals with international backgrounds in strategy and transformation.
Simona Fodor · 4 Sept · 2 min read
Business
Estée Lauder Romania has extended its lease at Bucharest’s SkyTower for a third time and relocated its headquarters to a newly fitted-out space on the building’s ninth floor. The beauty company has operated from the office tower since 2017.
Irina Marica · 4 Sept · 1 min read
Business
Arobs Transilvania Software, one of the largest technology companies listed on the Bucharest Stock Exchange, has sold its entire stake in Arobs Polska to WB Electronics.
Simona Fodor · 4 Sept · 1 min read
The government of Romania said on September 3 that it was taking steps to ensure the country fully collects the EUR 770 million Recovery and Resilience Facility (RRF) grant linked to the new Integrity Agency (ANI) Law, while acknowledging…
iulian ernst · 4 Sept · 3 min read
Business
If Romania manages to legislate the Wage Law for the budgetary sector by the end of October, meaning by the end of the European Commission’s evaluation of the measures scheduled under the sixth and latest disbursement request of the…
iulian ernst · 4 Sept · 3 min read
Business
The Moldova International Stock Exchange, or MIE, a new capital market infrastructure developed with the participation of the Bucharest Stock Exchange (BVB), has received a market operator licence for an unlimited period, clearing a major…
iulian ernst · 4 Sept · 1 min read
Business
The European Bank for Reconstruction and Development (EBRD) announced that it has exited its investment in Romanian telecommunications group Digi Communications (BVB: DIGI). The transaction completes the EBRD’s divestment from Digi,…
iulian ernst · 4 Sept · 1 min read
Business
The Green Breeze wind farm in Galați is set to receive the commercial operation license, less than two years after the start of actual construction.
iulian ernst · 4 Sept · 1 min read
Business
ABB, cited by Economica.net, announced that it has been selected by engineering, procurement and construction (EPC) contractor Ansaldo Nucleare to upgrade the control and safety systems of Unit 1 at the Cernavodă Nuclear Power Plant in…
iulian ernst · 4 Sept · 1 min read
Business
The Ministry of Finance announced on Thursday, September 3, the opening of the application session for financing agreements under an investment incentive mechanism aimed at boosting the production of goods contributing to Romania’s trade…
iulian ernst · 4 Sept · 1 min read
The Bucharest-Ilfov region has established itself as the undisputed leader in Romania’s IT sector, both in terms of the number of companies and the business generated, while Cluj, Timiș and Iași are the other IT hubs in the country,…
Radu Dumitrescu · 3 Sept · 3 min read