COMPANIES

Volkswagen, the group owning the Skoda brand, could soon decide on relocating the plant located in Ukraine, which has failed to meet the expectations. Volkswagen might relocate the plant to Serbia, Milenko Kostic, owner of Auto Cacak, Skoda dealer in ...

Romania has 48% actual absorption degree of the European funds for agriculture and rural development, is on the 6th position in the European Union, the Ministry of Agriculture and Rural Development (MADR) informs on Wednesday. The increase in 2019 in ...

Almost seven out of ten employers say they have had lower profits and turnover due to lack of employees, according to a survey released on Tuesday by the BestJobs platform. The crisis of specialists and the labour shortage on the ...

The manager of Ford Cariova car factory, Ian Pearson, has complained again during the Auto Forum 2019 in Craiova on Monday that the major disadvantage in Romania, which is seriously affecting their investment, is the lack of road infrastructure. The ...

The telecom operators believe the level of taxes set for the telecom industry by Emergency ordinance 114/2018 may put at risk the investments in developing the electronic communication networks as well as the mobile communication services, Alex Milcev with EY ...

The real estate consultancy company Cushman & Wakefield Echinox was appointed to manage One Victoriei Center office building in Bucharest (former Bucharest Corporate Center), a representative business center located in the business center area of the Capital (CBD). Cushman & ...

Zentiva Group and Siyiara Enterprises have signed a sale contract to buy Romanian-based Solacium, together with its subsidiary Be Well Pharma. Solacium is currently part of the Dr. Maz group and owned by Siyiara Enterprises together with Trasca Alexandru-Tony. „Zentiva ...

Wizz Air has announced today two new routes to Germany from Sibiu to Karlsruhe/Baden Baden and from Suceava to Munich Memmingen. Both routes are starting from 17 June but Romanian passengers can already plan their trips to these cities as ...

‘Apele Romane’ has fined Tel Drum by RON 412,155, about EUR 90,000, following an unannounced control which revealed that the company extracted 9,220 cubic meters of gravel without authorization. Tel Drum challenged these penalties, but the Teleorman Court has ruled ...

Victoria’s Secret will open a store in Romania in Baneasa Shopping City in the last quarter of this year, where the entire range of branded products will be traded. Baneasa Shopping City announces that the opening of Victoria’s Secret’s first ...