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BUSINESS

New car registrations in Romania, up by almost 20 pc in 2016 yoy

New-car-registrations

In 2016, compared to 2015, the new registrations of cars increased by 19.4 percent, National Institute of Statistics (INS) data reveal. In Q4 of 2016, compared to the same quarter of 2015, the registrations of road vehicles  for passenger transport ...

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Romanian users can book an Uber ride directly in Google Maps

uber ride

As of this week, Romanian users can request an Uber ride right from Google Maps app, a press release informs. Users in Bucharest, Cluj, Brasov and Timisoara will see every time they seek a destination in Google Maps, Uber option ...

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Orange Romania expands 4G coverage in 1,300 localities

Orange Romania

Orange Romania, part of France Telecom group, expanded its 4G coverage in more than 1,300 localities, following the 2016 vote through the Orange 4G Fun Kit app, a press release informs Thus, Orange 3G and 4G customers chose the counties ...

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AmCham Romania calls for a balanced budgetary projection, focused on growth and investment

budgetary projection

In the context of the public debates around the State Budget project for 2017, American Chamber of Commerce in Romania (AmCham Romania) reiterates the importance of a balanced budgetary projection, focused on economic growth and investment that should enable stability, ...

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EIU forecasts modest growth for Romania, well below the official estimate

EIU

British analysts from the Economist Intelligence Unit (EIU) forecast a slower GDP growth rate, from an estimated 5 percent in 2016 to 3.6 percent in 2017, digi24.ro informs, quoting Agerpres. “The PSD (Social Democratic Party) will pursue an ‘anti-austerity’ programme ...

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Update: BNR keeps monetary policy rate unchanged at 1.75pc, warns inflation will enter positive territory

bnr reserves

In its meeting of Tuesday, the Board of the National Bank of Romania (BNR) decided to keep unchanged the monetary policy rate at 1.75 percent per annum; to pursue adequate liquidity management in the banking system; and to maintain the ...

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Contract for review of the feasibility study for Sibiu-Pitesti highway was awarded through public tender

autostrada_bucuresti-ploiesti_iploiesti_ro[1]

The contract “Review/Update of the Feasibility Study for Sibiu-Pitesti Highway” was awarded through open public tender to Spea Ingegneria Europea SA Milan Italy Bucharest – Tecnic Subsidiary Consulting of Engineering Romania SRL, according to the National Company for Administration of ...

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Japan’s ROKI to enter Romanian market, opening auto filters factory in Arad

ROKI

Tokyo-based auto filters manufacturer ROKI has leased for five years a 5,500 square-meter unit in the CTPark Arad (Western Romania), with extension options, according to a press release. The space will include logistics and offices and social areas. This project ...

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MedLife made another strategic acquisition, taking over Anima clinics network

Anima

Romania’s largest private healthcare services provider, MedLife, bought local network of healthcare clinics Anima, a press release informs, a business with a turnover of EUR 5.2 million in 2016. The transaction value was not disclosed. Anima Specialty Medical Services consists ...

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