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BUSINESS

Strabag to build ParkLane commercial centre, a EUR 180m investment

Sonae Sierra and Caelum Development, the developers of the ParkLane commercial centre, have appointed the Austrian company Strabag to carry on the structural works for the mall in Titan neighbourhood, a EUR 180 million investment. “According to the contract, the ...

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Natural persons throughout the country can check their fiscal status online

Starting Monday the natural persons throughout the country can check their fiscal status online, three months after the Virtual Private Space (SPV) was launched and has worked as a pilot project for accountants in Bucharest and Ilfov County, the Finance ...

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US investor Quintana Minerals Corporation eyes Energy Complex of Hunedoara

US company Quintana Minerals Corporation is interested in the privatization of coal and electricity producer Hunedoara Energy Complex (CEH), demanding Romanian Department of Energy more information in this respect about the public company. “I think it’s important that CEH become ...

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Debenhams reconsiders its interest for Romanian market. New store in Bucharest Mall as of next spring

In April 2013, Debenhams exited the domestic market, after recording losses of EUR 4.4 million and closing all its six stores it had in the country. Now, UK fashion retailer is trying again to attract customers starting next spring, with ...

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Fast trains connect Sofia and Budapest via Romania

As of Sunday, a passenger train connects Sofia, Vidin and Budapest through Danube Bridge 2 (between Vidin in Bulgaria and Calafat in Romania), Vidin’s regional administration said, quoted by Bulgarian News Agency. The new schedule took effect on December 14 ...

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Chances for Romanian SMEs to attract investors from capital area

BVB will launch the AeRO market on February 25, 2015.   Bucharest Stock Exchange (BVB) will launch on February 25, 2015, the AeRO market, for early stage companies, to finance their projects, growth stories, increase their visibility and contribute to ...

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Gov’t approved draft law on 2015 state budget

After more than seven hours of rescheduling, Victor Ponta government has managed to approve the draft law on state budget for the next year, including that of the state social insurance. On Saturday, the standing bureaus of Chamber of Deputies ...

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