The electricity distribution companies part of the PPC Group in Romania have merged under the name Rețele Electrice Romania. The merger of the companies into a single legal entity aims to optimize specific operations in the 3 regions where they […]
”In workplace relationships, consistency and correspondence between words and deeds generate trust. Employees need to trust the organization, in the organization’s altruism and in its reputation. We need to know that the organization can adapt to changes that generate pressure. […]
Private sector associations urge the mobilization of the entire political spectrum to keep Romania firmly on its pro-European and trans-Atlantic trajectory, established after the fall of communism in 1989. “Over the past 35 years, the private sector has consistently championed […]
“Business restructurings are very widespread during this period, some are brutal, but unfortunately necessary. Essentially, restructuring a company means eliminating positions from the company’s organizational chart for real, serious and objective reasons. From our practice in this field, which is […]
Global land systems manufacturer Otokar and Romtehnica, as the representative of the Ministry of National Defense signed a 4.26 billion RON (857 million euros) multiannual contract to supply 1,059 COBRA II 4×4 armored vehicles to Romanian Ministry of Defense. Under […]
DN AGRAR Group, the largest integrated livestock farm in Romania, with cow milk production and vegetable production, ends the first 9 months of 2024 with a 9 percent increase in turnover, compared to the same period last year, reaching RON […]
Now in its 10th edition, the recently held People Empowering Business Forum & Awards Gala 2024 celebrated the leaders and their teams who have made exceptional contributions to empowering the work environment and made a significant mark to broader business […]
Journey into the past and present Over 45 years ago, Petromidia began writing its history on the seashore, in Năvodari. The decision to locate the refinery was made after a helicopter flyover, determining that the current location met all the […]
Vienna Insurance Group announces the financial results for the first three quarters of 2024, with profit before taxes of 666.5 million Euro, 8.5 percent higher than in the previous year. This profit growth is mainly attributable to the Poland, Extended […]
Sphera Franchise Group, the largest group in the food service industry in Romania, ended the first nine months of 2024 with record sales of over 1.14 billion RON, 6.4 percent higher than the same period last year. The normalized net […]
