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Continental’s R&D center in Sibiu reached 1,000 engineers

continental sibiu

German automotive group Continental strengthens its position in Sibiu and reaches 1,000 engineers employed within the research and development (R&D) center, a press release informs. The number of employees at the engineering center and the production unit in Sibiu reached ...

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Which are Romania’s most valuable brands?

romanian brands

Every year, leading valuation and strategy consultancy Brand Finance values the brands of thousands of the world’s biggest companies. Romania’s 50 most valuable brands and 10 most valuable brand portfolios are featured in the debut Brand Finance Romania 50 report. ...

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NPL ratio fell to 8.32 pc in June


The rate of non-performing loans (NPL) declined by 0.72 percentage points to 8.32 percent in June compared to the previous month, according to data published by the National Bank of Romania (BNR). Compared to May 2016, it fell by 2.98 ...

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LG’s FullVision Q6, available in Romania as of September 1st


LG has announced that the newest Q6 smartphone featuring the proprietary FullVision display is now available to consumers in Romania from the first day of September. With the LG Q6, the South Korean multinational electronics giant is delivering the first ...

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Romanian honey could reach China

Romanian honey

A delegation of Chinese specialists came to Romania Monday to assess the local honey quality in order to conclude a trade agreement for honey exports, the National Sanitary Veterinary and Food Safety Authority (ANSVSA) informs in a press release. Discussions ...

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Call on employees to protest against Gov’t regarding Pension Pillar II


The Association of Pension Funds and Investment Funds (PFP) calls on employees to protest on Sunday, September 3, being dissatisfied with the statements made by the Prime Minister of Romania, accusing the Government of wanting to take money from Pension ...

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EUR – maximum level of past two months, closer to RON 4.60


The National Bank of Romania (BNR) has announced on Monday a reference exchange rate of RON 4.5958/EUR, up by 0.2% against the previous session and the highest level since June 21, as the international environment remains unfavourable to emerging currencies, ...

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The construction works for Renault Romania’s new HQ are under way

photo credit: www.romaniajournal.ro

The works for the future Renault Romania HQ building in Bucharest have begun. The symbolic moment of breaking the ground was marked on Monday by Yves Caracatzanis, Managing Director Groupe Renault Romania, Cécile de Guillebon, Global Alliance Facility Director, Dimitris ...

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Managers see growth tendency in retail trade, moderate increase in industry. Employees number, at the same level


According to the business tendency survey of August 2017 carried out by National Institute of Statistics (INS), managers from the manufacturing industries forecast moderate growth of the production volume (balance +6 percent) for the next three months. For the manufacture ...

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