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Marius Vacaroiu, Policolor
Tax changes have made us elaborate more budget impact assessments this year»
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Colliers Romania appoints Laurentiu Lazar as new managing partner

Laurentiu Lazar will take over as the new managing partner of the real estate consultancy company Colliers International Romania, effective as of March. Ilinca Paun, the current managing partner...

Impact appoints Bogdan Oslobeanu as new general director

Impact Developer & Contractor SA board appointed Bogdan Oslobeanu as general director starting March 1.

Cushman & Wakefield Echinox recruits Alina Dima for its Property Management team

Cushman & Wakefield Echinox strengthens its Property Management team by recruiting Alina Dima, a specialist with nearly 8 years of experience in the real estate market, coordinating office and r...

Luiza Moraru will coordinate CBRE's operations in the CEE region

CBRE has appointed Luiza Moraru as Head of CBRE's Asset Services Division for Central and Eastern Europe.

Nokia appoints Joerg Erlemeier as Chief Operating Officer

Nokia announced the appointment of Joerg Erlemeier as Chief Operating Officer (COO) and member of the Group Leadership Team (GLT) with immediate effect.

Skanska Romania appoints Aurelia Luca as new managing director

Skanska Property Romania, the local division of one of the largest real estate developers, announces changes at the top of management in Romania. Marcin Lapinski, Managing Director for Skanska P...

Andre Vivan da Silva promoted as vice-president and cluster area director for GSK South-Eastern Europe

Andre Vivan da Silva has been promoted as vice-president and cluster area director for GSK South-Eastern Europe starting January 1, one year after his appointment as general manager of GSK Roman...

Berarii Romaniei appoints Lucian Ghinea as the new president

The members of the association Berarii Romaniei have appointed Lucian Ghinea as the new president. Thus, starting January 1, Ghinea has taken over the responsibilities of Shachar Shaine, the pre...

CTP appoints Emanoil Dascalu as Construction Director for Romania

CTP has appointed Emanoil Dascalu as Construction Director for Romania. He will oversee the company's construction projects throughout the country. This new addition will strengthen the local te...

Citi Romania appoints Ivan Vrhel as general manager

Citi announced the appointment of Ivan Vrhel as general manager of Citi Romania, keeping at the same time the current responsibilities as director of Citi Commercial Bank division for SMEs.

Coldwell Banker Romania appoints Bogdan Voica as CEO

Coldwell Banker Romania, one of the biggest real estate consultants active on the local market, appointed Bogdan Voica as CEO, a consultant with over 15 years of experience on the local market a...

Garanti Bank appoints Iuliu Muresan as deputy general manager

Garanti Bank appoints Iuliu Muresan as Deputy General Manager, responsible with coordinating Risk Area activities: Risk Management, Internal Control, Compliance and Corporate Governance.

Hanner appoints Mindaugas Valuckas as new Country Manager in Romania

Hanner Romania is implementing management changes, following the new dynamics of the company portfolio and team evolution on the local market.

Complet Electro Serv appoints Cristian Laza as new CEO

Complet Electro Serv, part of Altex Romania, has appointed Cristian Laza as CEO of Complet Electro Serv, producer and distributor of electric-IT equipments.

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Contract for the purchase of 227 Piranha V armored personnel carriers, signed in presence of PM Tudose

The contract for the purchase of 227 Piranha V armored personnel carriers was signed on Friday in the presence of Prime Minister Mihai Tudose, Deputy Prime Minister Marcel Ciolacu and Defense Mi...

Iohannis: Justice independence, public positions' integrity are constitutional values not to be negotiated

Promoting the rule of law and Justice independence, fighting against corruption, ensuring integrity in public positions and dignities are constitutional values that cannot be negotiated, Preside...

1 Comment

President Iohannis: The Romanian society is mature and active and needs a state to match it

President Klaus Iohannis stated, on the occasion of the annual meeting with the heads of diplomatic missions accredited in Bucharest, that the Romanian society is a mature one, which proved capa...

2 Comments

President Iohannis meeting Juncker and Tusk in Brussels, modifications in Romanian justice among topics

President Klaus Iohannis is to meet on Wednesday, in Brussels, with President of the European Commission Jean-Claude Juncker and with President of the European Council Donald Tusk, according to ...

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PM-designate Dancila: "It's important to implement governing programme"

Prime Minister-designate Viorica Dancila stated that it's important to put into practice the governing programme, but also 2018- the Centennial Year and prepare to take over the Presidency of th...

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Iohannis: Romania's progress bound to stable legislation able to punish abuses

Romania's progress is inseparably bound to a coherent, stable legislation able to punish abuses and dishonesty, said President Klaus Iohannis, pointing out that the government has the obligation...

4 Comments

Mihai Tudose announces his resignation as prime minister

Mihai Tudose announced on Monday evening, at the end of the Social Democrat Party (PSD) National Executive Committee (CExN) meeting, that he resigns as prime minister of Romania. "I am leaving w...

Romania plays in the big league, says Deloitte survey

On the backdrop of a stable economic context in the region and with growing macroeconomic indicators, Romania has won the deal doers' trust now becoming a core market for private equity funds ne...

1 Comment

Bucharest Stock Exchange almost doubles profit in 2017

Bucharest Stock Exchange group (BVB) recorded a net profit of 14.6 million RON (3.2 million Euro) in 2017, up by 89 per cent compared to the previous year.

Romania's new finance minister: No new taxes during my mandate

Romania's new finance minister Eugen Teodorovici said no new taxes will be introduced in Romania and current taxes won't increase during his mandate.

Garanti Leasing signs a loan agreement for 15 million Euro with EFSE

Garanti Leasing, part of Garanti Romania, has signed a loan agreement of 15 million Euro with the European Fund for Southeast Europe (EFSE). The facility is meant to increase access to financing...

BNI Romania members registered 50 per cent higher turnover in 2017

BNI Romania, member of the global network of reference-based professional networking, Business Networking International, registered a turnover of 6.2 million Euro in 2017, 50 per cent more than ...

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Daily Info
EIB offers Romania 13 billion Euro financing in 25 years
The European Investment Bank (EIB) has granted Romania 13 billion Euro worth of loans since starting its operations in the country, in 1992, according to a report of the institution.

Germanos stores in Romania rebrand into Telekom
Telekom Romania, the second-biggest telecom group on the local market, has started the rebranding process of the Germanos shops into Telekom.

OMV Petrom doubled its profit last year
OMV Petrom had a 2.49 billion RON profit in 2017, more than double than it had recorded in 2016 (1.04 billion RON), according to a report by the company.

Complet Electro Serv appoints Cristian Laza as new CEO
Complet Electro Serv, part of Altex Romania, has appointed Cristian Laza as CEO of Complet Electro Serv, producer and distributor of electric-IT equipments.

Mol Group posts highest profit in a decade in 2017
Mol Group announced its financial results for 2017. Mol increased its EBITDA by 14 per cent outperforming its 2017 target on the back of a strong financial and operational delivery of all business segments....