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The unemployment rate in the industry sector will continue to rise in November, as well as in construction sector. However, private companies expect the factory output to grow and stocks to run...
The Edata holding of companies in IT consultancy and software distribution plans to approach new market sectors in the coming period. The first sector it targets is pharmaceuticals; Edata expects...
Pharmacy chain Sensiblu, the country’s largest network by coverage, has put forward several budget plans year-to-date. In the ten months through October, the company abandoned five of them...
PricewaterhouseCoopers (PwC) Romania appointed Paul Facer as Assurance financial service leader for Romania and Moldova, with additional client service responsibilities in Bulgaria.
Chief executive of Banca Transilvania, Robert Rekkers bought during yesterday’s trading session 20,000 shares worth 45,050 lei (€10,575), according to the latest filing of Banca...
The Finance Ministry’s tender of €0.5 billion one-year euro-denominated T-bills is likely to produce a yield of 4%, according to the estimates of Vlad Muscalu, economist at ING Bank...
Romania's national currency fell 0.3 percent against euro at the benchmark exchange rate from yesterday, to 4.2733 lei per euro, after losing ground to its European peer in the morning, in line...
Cosmote telecom carrier said Stefanos Theocharopoulos, CEO of the mobile telecom carrier will assume the role of chairman and chief executive of Telemobil SA (Zapp), while continuing with his...
State-owned electricity generator Hidroelectrica borrowed €60 million from a private bank, and is in advanced talks for another three loan facilities of €30.70 million and €135...
HTC Corporation, one of the world’s largest smartphone-makers, has recently optimized its activity in Southeast Europe, Middle East and North Africa (SEEMENA). The new hub will oversee...
Financial rating agency Moody’s has downgraded the ratings of three of the largest commercial banks in Romania, in light of its global review of systemic support indicators for the...
French-based insurance company Groupama will recruit 3,000 employees annually in 2010, 2011 and 2012, as the number of job applications on its website increased three-fold over the past nine...