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Dan Copocean, Kimball Electronics
"I believe that the Romanian economy continues its development"»
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Ana Hotels appoints Vasile Iuga as president of the Administration Council

Ana Hotels appoints Vasile Iuga as president of the Administration Council starting July 1. He will replace Alexandra Copos de Prada, who decided to dedicate to her business that she leads since...

TotalSoft appoints Adina Gurgu as Chief Technology Officer

TotalSoft, one of the leading ERP and financial solutions providers internationally, announces the appointment of Adina Gurgu as Chief Technology Officer (CTO), who will be starting August respo...

Bayer Romania appoints Gerhard Waltl as head of the Pharmaceutical division

Starting with mid-June 2017, the Pharmaceutical division of Bayer Romania has a new leadership, following the appointment of Gerhard Waltl as Country Commercial Lead.

TotalSoft appoints Dania Selaru as EAS Executive Director

TotalSoft, one of the leading software providers in Romania, announces the appointment of Dania Selaru as Executive Director, to further develop and execute the company's Enterprise Application ...

Franz Weiler is the new president of the Foreign Investors Council

The Board of Directors of the Foreign Investors Council (FIC) elected, for a one-year mandate, its new President, Franz Weiler. He is the CEO of Uniqa Asigurari and, during his past mandate in t...

JLL appoints Silviana Petre Badea to lead Romania business

JLL has appointed Silviana Petre Badea as managing director of its Romanian business, based in Bucharest, with effect from 1 March 2017.

Teraplast appoints Mirela Pop as new CEO

Teraplast Group, the largest PVC processor in Romania and one of the leading manufacturers of materials for construction and installation market, is having starting with May 9th, 2017 a new Chie...

Sinziana Pardhan joins P3 as new acquisitions director in Romania

Pan-European logistics property investor-developer P3 has appointed Sinziana Pardhan as its new acquisitions director in Romania, a press release shows.

Manuela Ciugudean-Toma is the new marketing and communication leader for PwC in South-Eastern Europe

Manuela Ciugudean-Toma joined PwC and will coordinate the marketing teams in 11 countries in South-Eastern Europe. She will be responsible for developing an integrated PwC marketing and communic...

NN appoints Anna Grzelonska as new CEO

Anna Grzelonska, currently Chief Operating Officer of Nationale Nederlanden Polonia, was appointed as the new CEO of NN Asigurari de Viata, with effect from 1 July 2017. She is replacing Marius ...

European Petroleum Refiners Association appoints Bela Kelemen as new president

Members of the European Petroleum Refiners Association unanimously appointed Bela Kelemen as President of the Association for the next two-year term. The Brussels based association represents in...

Gerke Witteveen, CFO of NN Life Insurance, is the new president for Netherlands Romanian Chamber of Commerce

The Netherlands Romanian Chamber of Commerce (NRCC) Board of Directors appointed as its new president Gerke Witteveen, CFO of NN Life Insurance, a longstanding member of the NRCC.

Reff & Asociates appoints new real estate practice head

Reff & Associates, the law firm representing Deloitte Legal in Romania, announces that Irina Dimitriu, associate partner, is taking over the role of head of the real estate practice as Robert Io...

Albalact appoints Giampaolo Manzonetto as new general director

Giampaolo Manzonetto has been appointed as the new general director of Albalact Romania, company which is controlled by Lactalis Group. Manzonetto is the general director of Lactalis Romania and...

More on News
Over 19,000 business plans submitted for Start-Up Nation program

Start-Up Nation Government program attracted over 19,000 business plans and a new edition will take place next year, said Ilan Laufer, Minister for the Business Environment.

PM Sorin Grindeanu: 5.7 per cent economic growth - confirmation that the measures taken by the Government are the right

The 5.7 percent economic growth registered in the first quarter of 2017, as compared to the first quarter of 2016, an evolution which exceeds the expectations of analysts and international bodie...

Sorin Grindeanu hails the support for CVM lifting before 2019

Prime Minister Sorin Grindeanu met at Victoria Palace with the European Commission President Jean-Claude Juncker. The meeting was also attended by the Public Finance Minister Viorel Stefan, Fore...

President Iohannis to hold political consultation to designate future PM

Parliamentary parties are invited today to the Cotroceni Presidential Palace for consultations with President Klaus Iohannis over the designation of the future prime minister, Agerpres reads.

New trading symbol for Patria Bank shares on Bucharest Stock Exchange

Patria Bank shares, a credit institution that operates on the Romanian banking sector, are traded under a new symbol on the Bucharest Stock Exchange (BVB) market, following the successful merger...

Chinese delegation seeks investment opportunities in Romania

Prime Minister Mihai Tudose discussed at the Victoria Governmental Palace on Thursday about the opportunities to invest in Romania with an official delegation of the People's Republic of China, ...

Fondul Proprietatea urges President Iohannis not to promulgate the Ports Law

Fondul Proprietatea has sent a letter to President Klaus Iohannis outlining several reasons that constitute, in the Fund's view, a strong basis for the non-promulgation of the recently adopted l...

BVB second place in the region by number of IPOs in H1 2017

Bucharest Stock Exchange (BVB) is the second market in Central and Eastern Europe where initial public offers (IPOs) were successfully concluded in the second quarter of this year, with a total ...

EBRD launches energy efficiency framework for Romanian households

Supporting Romanian households to save energy and money, the European Bank for Reconstruction and Development (EBRD) is launching a 100 million Euro Green Economy Financing Facility (GEFF) for t...

Romanian ruling coalition plans tax overhaul ahead of key parliament vote

Romania's ruling Social Democrats unveiled plans on Thursday to overhaul taxation from 2018, ditching a flat 16 per cent tax on income and profit that has attracted investment into the European ...

EU bank supports expansion of Regina Maria private healthcare network in Romania

The European Investment Bank (EIB) is lending 15 million Euro to support the expansion of a private healthcare network in Romania, a press release shows. This agreement is backed by the guarante...

New law on ports administration would be very damaging for Romanian state budget, Fondul Proprietatea says

Fondul Proprietatea is concerned by the renewed steps to approve the draft law amending the Government Ordinance on ports administration, which was re-examined and approved through an emergency ...

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Daily Info
AFI Europe Romania posts increasing net operating income in H1 2017
AFI Europe Romania published its H1 2017 financial results, generating a Net Operating Income (NOI) from its income producing assets in Romania of 25 million Euro in H1, representing 11.5 per cent higher result...

Bonds of Globalworth will start trading on Bucharest Stock Exchange on July 31
Bucharest Stock Exchange (BVB) informs that the bonds of Globalworth will start trading on the main market on July 31, 2017, and are defined by the following: 5,500 bonds, nominative, dematerialized, freely tra...

OTP Bank Romania to take over Banca Romaneasca from National Bank of Greece
The National Bank of Greece signed an agreement with OTP Bank Romania on the sale of its equity holding of 99.28 per cent in Banca Romaneasca. The transaction involves the shares in Banca Romaneasca (BROM) held...

The healthcare system must be a priority, FIC says
Health is now a priority for Romanian authorities and the total spending on healthcare has grown significantly over the last four years (although it is still the lowest proportion of GDP allocated to healthcare...

CET Govora reached 30 million RON profit in H1 2017
Heat and electricity producer CET Govora registered a net profit of 30.6 million RON in the first six months of 2017, compared to a net loss of five million RON in the same period of last year....