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Romtelecom and Ericsson signed a five-year partnership to outsource the network management and field operations and transfer 400 workers to the wireless phone network maker, in a bid to boost...
The first half of 2010 will be crucial for the banking system, as the real cause of the current crisis in the market lies in the problem loans, said Nicolae Cinteza, NBR.
A new survey conducted by personnel management company Paylogic has indicated that employees of private companies will not receive the 13th month pay this year, as in 2008, over 30% of the Romanian...
Mercedes Benz Romania, importer of German-based car, has invested €3 million in an auto parts warehouse in Oradea.
Private equity funds are still an important funding source in the beleaguered entrepreneurial marketplace. However, investors remain very prudent when putting their money in a troubled company,...
German-based retailed has invested around €23.8 million in a new 12,500 sqm outlet of its Romanian Real network, in Ploiesti.
The National Bank of Romania fixed the leu’s daily mid-point against the euro at 4.2373, up marginally from Tuesday’s reference rate, (+0.29%).
Around 150,000 Dacia Duster could come off the assembly line in Romania, while the maximum production capacity at the carmaker’s facilities in Brazil in Russia could roll out up to 100,000...
Bucharest Stock Exchange posted sharp declines on all indexes today, after two special transactions with FIC Oltenia (BSE: SIF5) and FIC Moldova (BSE: SIF2) doubled the market liquidity but failed...