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Marius Nedelcu, TransferGo
Cash will become obsolete and this will be the result of digital finance advancement»
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Garanti Bank grants 2 million Euro for the development of the Anima clinics network

Garanti Bank recently granted a 9.3 million RON (2 million Euro) investment loan and working capital facility to Anima, part of Medlife Group, for the development of its network of clinics.

Porsche Engineering Romania aims to reach 120 employees in 2018

Two years since its opening in Cluj-Napoca, Porsche Engineering Romania, the local subsidiary of the global engineering services provider, has expanded its scope of work in the field of automoti...

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Regus launches its 8th location in Bucharest

Regus, global provider of flexible workplace solutions, has opened its eight location in Bucharest, located at Anchor Plaza and is expanding in the western part of Bucharest.

Ford confirms second vehicle for Craiova assembly plant in Romania, 200 million Euro new investment and 1,500 new jobs

Ford confirmed today it is investing up to 200 million Euro and adding an additional 1,500 jobs to manufacture a second vehicle at its Craiova Assembly Plant, in Romania.

Ford to open social entrepreneurship hub in Romania

Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, announced that the first Ford Resource and Engagement Center (FREC) in Europe is to be established in Romania, with a focus ...

Romania is the sixth most popular country for data centre investment, report shows

Romania ranks 6th in the top destinations in the datacentres market in Europe, while the Nordics and the Netherlands occupy the first positions, according to Savills new Data Centre Investment I...

Turkish Opsan leases 5,000 sqm in CTPark Pitesti

Turkish car parts maker Opsan has leased 5,000 square meters of industrial space in CTPark Pitesti, the project developed by CTP.

Ikea starts recruiting for second store in Bucharest

Ikea started the recruiting campaign for its second store in the Romanian capital, which is currently being built in the Theodor Pallady area in Eastern Bucharest.

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Glencore picks Romania to expand product development in oil trading ETRM

Inatech, the energy trading risk management (ETRM) systems provider owned by Glencore, announces that it has picked Romania as a new hub for IT development.

Investments in Romania's economy rose 14.3 per cent in Q1 2018

Net investments in Romania's economy rose by 14.3 per cent in the first quarter of this year compared with Q1 2017, to 3.4 billion Euro, due to higher investment in equipment and other assets, a...

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Alexandrion Grup acquires six new companies from Halewood's portfolio

Alexandrion Group has announced that it has completed the transaction with the English group Halewood International Holding PLC for the acquisition of six new companies in Romania's wine product...

World Bank signs new Country Partnership Framework with Romania

The World Bank Group's Board of Executive Directors endorsed a new five-year Country Partnership Framework (CPF) for Romania that will prioritize investments in people, support for vibrant priva...

CBRE intermediates a land transaction for a washing machines plant in Hunedoara

CBRE intermediated the acquisition of a 42-ha plot by BSH Electrocasnice Manufacturing, the Romanian subsidiary of the German concern BSH Hausgerate GmbH, part of Bosch group.

Amazon to open second center in Romania

The world's largest retailer Amazon will open a center in Romanian capital Bucharest at the beginning of May, the company announced.

B. Braun starts the execution of greenfield investment in Timis County

B. Braun, one of the world's leading providers of medical products, starts the construction works at Group's largest greenfield investment in Romania, at Sanandrei, Timis County.

E-Distributie Muntenia supports class for electricians at the Energy Technical College Bucharest

E-Distributie Muntenia has signed a partnership agreement with the Energy Technical College Bucharest, and will support starting this year a class in dual system for students who will receive up...

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Bucharest, Brasov and Constanta sign cooperation memorandum

The mayors of Bucharest, Brasov and Constanta signed a cooperation memorandum for promoting tourism in the three cities and announced the creation of a tourism development association.

Renault to invest one billion Euro in electric vehicles production

Renault will invest more than 1 billion Euro to increase electric vehicle production capacity in France and add new models.

TransferGo attracts 8.6 million Euro financing for international expansion

TransferGo, the international fast online transfer company, has attracted a round of investment of 8.6 million Euro, which is the biggest amount received in a single financing round by the compa...

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TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

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ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

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Immofinanz: Constant, visible shift towards energy efficiency on the local office sector

Romania's strong economic growth in 2017 placed the country in a leading position in the CEE region and the trend is expected be sustainable over the next years, Christian Traunfellner, Head of ...

2 Comments

JLL Romania: 80 per cent of buildings under construction built according to international green standards

Stability and sustainability are the words that can describe the Romanian office market in 2017, according to Madalina Marinescu, Office Department consultant JLL Romania.

Great potential comes with big challenges

The residential market in Romania registered new record investments in 2017, one of its best years so far - and analysts said the trend will continue for sure this year.

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AFI Europe Romania: Romanian office market was exceptionally successful in 2017

The Romanian office market in 2017 was exceptionally successful, fuelled mainly by increased expansions and new entries in the IT&C, BPO sectors, as Tal Roma, Business Development Manager AFI Eu...

Globalworth: The number of green accredited buildings continues to grow every year

Romania today is one of the few economies in Europe that had a consistent expansion over the past six years, outpacing EU average growth, Dimitris Raptis, deputy CEO and Chief Investment Officer...

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Crosspoint: Currently, there is a relatively small number of green office buildings throughout Romania

2017 has been a good year for the office market all throughout the CEE region: low vacancy rates (Bucharest - nine per cent, Warsaw - 14 per cent, Budapest - 9.2 per cent, Prague - 10.3 per cent...

UniCredit announces updates in the Mobile Banking application

UniCredit Bank launches new facilities in the up-to-date version of its Mobile Banking application to provide customers with a simpler and faster user experience.

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Iulius Mall: 2017 a good year both for office premises delivery and office demand from companies planning to expand

Compared to the other countries in the region, Romania still has some catching up to do in terms of high quality office spaces that measure up to European standards, Laurentiu Manea, Manager Off...

CW Echinox: Green certifications now a standard on the Romanian real estate market

2017 was a well-performing year for Bucharest's office market, with many new occupiers and expansions, and the delivered projects were rapidly absorbed, leading to a significant decrease of the ...

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ESOP: We expect that the green building trend further grows

The Romanian market is one of the most dynamic in the region due to the accelerated development in IT&C, BPO, shared services industries, and to the expansion of research & development centres t...

Conadi: One opportunity for the residential market is to deliver high-quality projects adapted to buyers' needs

Romania's residential market has started to recover, coming closer to normality and likely to achieve its maturity soon, according to Daniela Barbu, Marketing Communications Specialist at Conadi...

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Romania and US held 6th meeting of the Strategic Partnership Dialogue

The Governments of Romania and the United States of America held the sixth plenary meeting of the Strategic Partnership Dialogue in Bucharest, Romania, on June 19, 2018.

Romanian finance minister sees no crisis around the corner

Romania is not in the situation of being affected by an economic crisis, according to finance minister Eugen Teodorovici.

Romanians want more EU efforts for stability in economy and combat of corruption

Romanians want the European Union to put more efforts for the stability of the economy, the reduction of corruption, public policy and education, according to a survey by the European Committee ...

Questionable fiscal policies of government led to hike in inflation and interest rates, says president Iohannis

President Klaus Iohannis says he will attempt to mediate the conflict between government representatives and officials of the National Bank of Romania (BNR).

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Daily Info
Believe in people's potential
"The greatest danger for most of us is not that our aim is too high, and we miss it, but that it is too low, and we reach it." (Michelangelo Buonarroti) This is my motto that guided me since forever. by Mihaela...

Veeam estimates record growth, one billion USD turnover in 2018
Veeam Software posts another quarterly growth, 21 per cent higher than last year. Overall, the financial performance for 2017 was remarkable, with revenues of 827 million USD.

TransferGo attracts 8.6 million Euro financing for international expansion
TransferGo, the international fast online transfer company, has attracted a round of investment of 8.6 million Euro, which is the biggest amount received in a single financing round by the company. ...

Bucharest Henri Coanda Airport could get a new terminal
A new passenger terminal could be added to Bucharest's Henri Coanda International Airport (Otopeni), as part of an ample development project estimated at over one billion Euro that will also include a platform,...

New Kopel Car to import BYD electric vehicles in Romania
New Kopel Car Import, a SIXT Group Romania company, announced that it became the importer of BYD Electric busses and vehicles in Romania.