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Historic record for energy exports


On January 16, at 18.10h, Romania registered a peak export of 1,866MW, historic record since Transelectrica keeps centralized data on production, consumption and energy exports. The previous record was dated November 27, 2015 when exports reached 1,680MW. For comparison, the ...

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Skanska invests EUR 38 M in the first office project on Pumac platform


Swedish Skanska invests EUR 38 million (about SEK 370 million) in the first phase of Campus 6, an office complex in Bucharest, also known as Pumac industrial platform, a press release informs. The first phase will offer a total leasable ...

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Czech CPI acquires Felicia Mall in Iasi

Felicia Mall

Czech-based CPI Property Group has agreed to acquire 11 shopping centers and other retail businesses from two funds managed by CBRE Global Investors in the Czech Republic, Hungary, Poland and Romania, the company announced on Tuesday. The transaction will be ...

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Bitdefender buys French Profil Technology, the biggest acquisition in its history


Romania-based security software company Bitdefender has acquired France’s Profil Technology, a press release informs on Tuesday. The acquisition will be the largest in Bitdefender’s 15-year history and it will boost the company’s enterprise revenue and strengthen its position in the ...

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Romanian CEOs report third highest level of confidence in company growth perspectives worldwide

Romanian CEOs

In PwC’s 20th annual survey of CEOs worldwide, 38 percent (2016: 35 percent) are very confident about their company’s growth prospects in the next 12 months while 29 percent (2016:27 percent) believe global economic growth will pick up in 2017, ...

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Dacia registrations in Europe – up by 9.6pc to 413,523 cars

dacia plant

The registration of new cars in the European Union increased by 6.8% in 2016 to 14.64 million units last year, the third consecutive year of growth, the European Automobile Manufacturers Association (ACEA) has announced on Tuesday. According to statistics, the ...

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Romania ranks 38th in 50 on Bloomberg Innovation Index


Nordic states rank first in the 2017 Bloomberg Innovation Index, an economy chart which scores economies using factors including research and development spending and the concentration of high-tech public companies. Nordic nations dominate the top 15, while South Korea reigns ...

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‘Capital’: IMF mission to arrive in Bucharest for talks on the budget for 2017


An International Monetary Fund (IMF) mission, led by Reza Baqir, will arrive in Bucharest on Wednesday to discuss with Romanian officials issues related to the budget for 2017, capital.ro informs. The IMF mission will meet PM Sorin Grindeanu, Finance Minister ...

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Continental: 60 million products delivered in 10 years by the electronic components factory in Timisoara

electronic components

The electronic components plant in Timisoara of German automotive group Continental has supplied 60 million units in its 10 years of activity. 2 million parts enter the production line daily and 45,000 products are manufactured every day, a press release ...

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