Transylvania Today Royal Edition 2018 is dedicated to the Romanian-Jordanian Business relations and to the trade missions held under The High Patronage of His Royal Highness Prince...
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This issue is dedicated to the business relations between Germany, Romania and The Republic of Moldova, especially in the automotive...
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Dec 8, 2018
The prices of the residential properties will stagnate next year, as the programme of state guarantees Prima Casa is phased out, according to a research conducted by real estate consultancy firm RE/MAX Romania in partnership with real estate platform imobiliare.ro. The research admits that the demand is rising, though. As demand invigorated, house prices rose...
Dec 7, 2018
Volunteers from Boxes of Hope Cumbria have begun distributing thousands of boxes to kids in the village of Hetea. Boxes of Hope has supported employment of kindergarten teacher in the past, says NWEMail.co-uk. The old kindergarten is a long walk from the village so this year it has contributed to refurbishing a building in the centre of the community to...
Dec 6, 2018
A new European project worth more than EUR 355 million, which targets the development of the water and wastewater infrastructure in the counties of Cluj and Salaj, is ready to kick off after the authorities signed the financing contract, according to Romania-Insider.com. Most of the money, namely 85%, will come from the European Union, while the state and...
Dec 5, 2018
Romania’s Business Environment Ministry announced that the second edition of the Start-Up Nation programme will open in the second decade of December 2018 on the aippimm.ro website, according to Romania-Insider.com. The state will give RON 200,000 (EUR 43,000) to each recipient – newly established small or medium-sized...
Dec 5, 2018
Fast-food restaurant chain KFC Romania will inaugurate its first unit in the city of Alba Iulia. The KFC restaurant in Alba Iulia, located on the ground floor of the Alba Mall, is the brand’s 74th location nationwide, and the result of an investment of approximately EUR 900,000, according to Business-Review.eu. It is built on an area of 400 sqm, with a...
Dec 4, 2018
Romania has a second unicorn after UiPath, as eMAG has been evaluated at over USD 1 billion by its main shareholder Naspers. eMAG CEO Iulian Stanciu told Business Review that this was a goal he had set for the company from the very beginning. According to Iulian Stanciu, CEO and minority shareholder of eMAG, the business is evaluated every year by...
Dec 4, 2018
Romania has harvested this year more than 30 million tonnes of grain compared to 27 million tonnes last year, the maize and sunflower crops ranking as the largest in the European Union, Minister of Agriculture and Rural Development Petre Daea announced, according to Romania-Insider.com. This year’s cereal production exceeded 30 million tonnes and the 3.35...
Dec 3, 2018
Romanian chemical producer Chimcomplex Borzesti, controlled by Romanian investor Stefan Vuza, will get financing from Russian bank VTB to acquire Oltchim Ramnicu Valcea, the largest chemical plant in the country, local G4media.ro reported, according to Romania-Insider.com. Chimcomplex received the Competition Council’s approval for this transaction. The...
