LATEST NEWS

Levent Yuksel promoted to supervise PepsiCo operations in 45 countries from Bucharest

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Retail & FMCG April 24, 2014 00:22 0 comments

PepsiCo’s vice-president general manager for East & West Balkans Levent Yuksel has been appointed to the same position for the Greater Balkans and SEE Franchise area, a newly established division, which comprises 45 countries, including Romania. The appointment is part of PepsiCo’s efforts to further strengthening its position in the region, a press release informs. The division brings together the bottling…more »

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Bad weather returns: Meteorologists issue rain and wind warnings for 11 counties

Featured April 23, 2014 18:28 0 comments

Southern and South-western Romania will have to deal with rains and strong winds again, the meteorologists warned on Wednesday. The…more »

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RON 1.25 billion profit for mandatory pension funds, up 59 pct on year

Insurance April 23, 2014 18:03 0 comments

The total profit of the eight mandatory private pension funds (Pillar II) in Romania reached RON1.25 billion in 2013, up…more »

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Government approves support scheme for job creators

Finance April 23, 2014 17:56 0 comments

The Government's plan to partially cover salaries in firms that generate a minimum of 20 jobs was approved on Wednesday.…more »

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Government approves tax exemption for reinvested profit and vows to eliminate 70 taxes

Finance April 23, 2014 17:01 0 comments

The Government approved an emergency ordinance on Wednesday regarding the tax exempt for reinvested profit and eliminating over 70 taxes…more »

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Radu Jude selected for the Directors’ Fortnight section of the Cannes International Film Festival

Cinema April 23, 2014 16:02 0 comments

Romanian director Radu Jude and his short film "It Can Pass Through the Wall/Trece si Prin Perete" was selected for the…more »

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KLG Europe Logistics Romania will invest EUR 5.6 mln in extending its central hub near Bucharest

Featured April 23, 2014 15:41 0 comments

KLG Europe Logistics Romania will invest EUR 5.6 million in an expansion for its central hub logistics platform, located in…more »

Oil spill

Romania receives EUR 74 million for the decontamination of areas polluted with oil

Oil & Gas April 23, 2014 15:22 0 comments

The European Commission has approved an investment of EUR 74.3 million from the European Regional Development Fund to clean several…more »

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Nicolescu: We can’t afford to support new renewable energy projects

Green & Renewables April 23, 2014 14:47 0 comments

The support scheme for renewable energy projects needs to be adjusted, seeing as Romania can't afford to support future investments…more »

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DreamHack returns with a vengeance to Bucharest for new edition

Cultural Calendar April 23, 2014 13:36 0 comments

In 2014, DreamHack Bucharest, the largest and most significant eSports tournament in Romania, will take the Bucharest Polivalenta Hall by…more »

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CEC Bank plans to provide EUR 116 mln in state-backed loans to SMEs

Banking April 23, 2014 13:27 0 comments

CEC Bank, the state-owned lender, has around RON 260 million (EUR 58.1 million) worth of state guarantees at its disposal…more »