Over EUR 1 bln worth of commercial real estate properties delivered in Romania in 2017

Over EUR 1 bln worth of commercial real estate properties delivered in Romania in 2017

Jun 18, 2018

The value of retail, office and industrial real estate properties delivered in Romania last year reached EUR 1.08 billion, according to an analysis by real estate consultancy firm Activ Property Services, quoted by Romania-Insider.com. The study took into account the properties over 3,000 sqm finalized last year in Romania, built for rent or for own use. Office...

Ryanair will launch first route from Cluj-Napoca next year

Ryanair will launch first route from Cluj-Napoca next year

Jun 17, 2018

Irish low-cost airline Ryanair will launch its first route from Cluj-Napoca, central Romania, in April next year, as part of the Summer 2019 schedule, says Romania-Insider.com. The company will fly from Cluj-Napoca to London Southend, after it opens its base on this airport. Cluj-Napoca will thus become the fifth airport from which Ryanair operates in...

Young Romanian-born conductor named new music director of Canadian orchestra

Young Romanian-born conductor named new music director of Canadian orchestra

Jun 17, 2018

Romanian-born conductor Andrei Feher, 26, was appointed music director of Canadian Kitchener-Waterloo Symphony Orchestra. He will take over the new position in August this year, says Romania-Insider.com. Andrei Feher was assistant to conductor Fabien Gabel at the Québec Symphony Orchestra and to conductor Paavo Järvi at the Paris Orchestra, where he had the...

Cosmetic Plant aiming for EUR 2.6 mln turnover by end-2018

Cosmetic Plant aiming for EUR 2.6 mln turnover by end-2018

Jun 14, 2018

Cosmetic Plant, one of the main local cosmetics producers, ended 2017 with a turnover of about EUR 2.4 million and with over 1.2 million products sold, and aims to exceed a turnover of EUR 2.6 million for 2018, a 10 percent growth from the previous year, says Business-Review.eu. “The number of products sold by the company in 2017, as well as the turnover we...

Banca Transilvania to pay 0.03 euro/share dividend on June 15

Banca Transilvania to pay 0.03 euro/share dividend on June 15

Jun 14, 2018

Romania’s Banca Transilvania will distribute a gross dividend of 0.1405 lei ($0.035/0.030 euro) per share on June 15, the bank said on Wednesday, according to SeeNews.com. The ex-dividend date was June 5, Banca Transilvania said in a bourse filing. Banca Transilvania’s net profit fell by 3.46% year-on-year in 2017 to 1.186 billion lei.   Read more...

Study: Over 34 pct of employees in IT think they are underpaid

Study: Over 34 pct of employees in IT think they are underpaid

Jun 13, 2018

The shortage of work-force is best seen in IT&C industry, where companies are struggling to retain the employees they have while 55 percent of them think they can get more money elsewhere and only 34 percent says they are paid according to the company’s possibilities and more than would be in other places, says Business-Review.eu. According to the study...