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Tag Archives: business

SocDem leader Dragnea asks the Brazilian authorities to explain the “personal data” leak to Rise Project

liviu dragnea

The Social Democrat leader Liviu Dragnea has notified the authorities in Brazil regarding the alleged investigations targeting him following Rise Project’s disclosures. Dragnea has asked the Brazilian authorities to explain why they have released ‘strictly personal information’ to ‘so-called journalists ...

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Romania – a gateway to European investments for the South-African market

SouthnAfrica Romania

For a long time now, Romania and South-Africa have been strengthening and expanding their business liaisons, based on a wide range of interesting business opportunities, especially in the areas of: agriculture, machinery, mining, real estate, IT, retail manufacturing, automotive, energy ...

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Silkdom, the Romanian silk business born from childhood fairy tales


Madalina Nistor, owner of SILKDOM, a business focused on silk products, told us about her passion for the precious fabric, dating back in her childhood, about her source of royal-related inspiration and her future plans.   How did the SILKDOM ...

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Foreign tourists in Romania in Q1 spent EUR 500/person/stay, less than one-day spending by tourists in Greece

tourism romania

The total number of foreign tourists staying in Romania in the first quarter of this year was of about 450,000 and their expenses amounted to a total of RON 500 million, the National Institute of Statistics (INS) informed on Friday. ...

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Telekom Romania posts improved performance indicators for Q1 2017


Consolidated revenues for Q1 2017 mounted to EUR 229.8 M. Adjusted EBITDA of EUR 37.1 M for Q1. Telekom Romania Communications and Telekom Romania Mobile Communications announce key performance indicators in first quarter of 2017, ended March 31, 2017, as ...

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Austrian investments in Romania represented 14% of FDIs last year

austrian investments

Austria continues to be a reliable trading partner for companies in the Romanian business environment. ‘The Austrian investors see Romania as an excellent investment destination and the largest market in the South Eastern Europe. Currently, our top priorities lie in ...

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Exclusive: The story behind Flori de Ie, ‘a crazy, risky and involuntary’ idea, as founder Cristina Chiriac revealed

cristina chiriac flori de ie

Ia, the traditional Romanian blouse, has definitely got its fame worldwide. However, each business focused on producing and promoting the notorious Romanian blouse has its own story. Cristina Chiriac, founder and owner of Flori de Ie brand, told us how ...

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CITR study: Despite Romania’s highest economic growth in Europe, half of the local impact companies are in trouble

impact companies trouble

Only 3 per cent of the Romanian companies represents the engine of the local economy, while half of them are in trouble, according to the third edition of CITR Group study on the evolution of the impact companies during 2013-2015. ...

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How much have the foreign tourists spent in Romania last year?

foreign tourists

In 2016,  almost 2.5 million foreign tourists came to Romania (2.469.9 thousand)  and their expenditure mounted to RON 5.9 billion, spending on average RON 2397.9/person, the National Institute of Statistics informed on Friday. In Quarter IV 2016, the total number ...

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