COMPANIES

Last year, the Ford production in Craiova reached a record high, nine years after the first model was manufactured by the American company in this plant. Ford has about 4,600 employees in Craiova and the number will increase by 1,700 ...

Dacia has recorded the best performance in its history in 2018, with sales of 700,798 cars on the domestic and international markets, up by 7% against the previous year, a release from the company informs on Friday. “The Romanian brand ...

The first group of the Rovinari thermal power plant has already been closed during the night of Wednesday to Thursday. The rest of the groups were to be closed Thursday morning. Against the backdrop of energy shortages, Romania massively imported ...

Wizz Air has announced on Thursday a further expansion to its Timisoara network, allocating an additional Airbus A320 aircraft and adding 4 new routes from its Timisoara base, as well as increasing the frequencies of some of the most popular ...

The company GRUP ŞAPTE SA, an agency with 20 years of experience in brand activation in Romania, will list on 18.01.2019 in the Alternative Trading System administered by the Bucharest Stock Exchange (AeRO) 20,000 of corporate bonds, guaranteed, totaling RON ...

The companies choose to pay the fines and to cheat the consumers repeatedly in order to have rapid and artificial profit, because the sanctions are too small, so the legal framework in this field needs to be changed, says Marius ...

Romanian minister for Business Environment, Commerce and Entrepreneurship, Ştefan-Radu Oprea, has stated that among the reasons Nestle has announced it will shut down the factory in Romania are the dramatic fall of the sales and of the market share, as ...

Element Industrial logistics&industrial real estate developer has announced it has received the building permit for ELI PARK 1 and has started the construction works. “Sagex Construct has won the general contractor tender and is building the first phase of the ...

The Romanian M&A market neared EUR 2 billion in 2018, according to Deloitte Romania research, based on public sources and disclosed deal values. If estimates for deals whose value was not disclosed were factored in, Deloitte estimates that the Romanian ...

Dacia sold more than 519,000 cars in the EU countries last year, by 12% more than in 2017, according to ACEA figures. Overall, the new car market remained at the 2017 levels, about 15.1 million new cars. The Volkswagen Group ...