business

In 2018, economic activity in the CEE region continued its solid expansion that started in 2017. This was especially the case for Poland, Hungary and Latvia, recording GDP growth rates close to 5%. Other countries experienced a weaker pace…

UPS has announced today the appointment of Yannick Mooijman as its managing director for Hungary, Greece, Romania, and Slovenia, where he has responsibility for UPS’s operations, business development and strategy. He replaces Jim Kearney,…

Bayer announces another top-level appointment effective starting August 2019. Jorge Levinson will lead the Pharmaceuticals Division, managing the business in Romania and the Republic of Moldova. He takes over from Cătălin Radu, who decided…

TeraPlast Group, a Romanian producer of construction materials, registered a 23% increase in its turnover during the first half of 2019, compared to the same time of last year. The evolution of the turnover from 338 million lei to over 416…

The festivals and concerts in Romania are estimated to generate sales of over RON 600 million in 2019 after luring over one million spectators, according to a Frames study. Neversea, Ed Sheeran, Electric Castle, Bon Jovi and The Cure…

Amid celebrations of France's National day (July 14), a recent analysis shows that, since Romania has joined the European Union, France has ranked among top five largest foreign investors in our country. At the same time, the survey…

Man and technology produce together more and faster than each of the two taken separately. This is also the case for the collaborative robot-human tandem regarding the working processes carried out by SMEs. Recent studies show that a small…

In order to support the extensive hiring planned for TELUS International in Bucharest this year, the company has acquired 1,200 sqm more space, in addition to the 8,800 sqm office space it has in AFI Park. TELUS International’s Make Your…

The names of former PSD chairman Liviu Dragnea and of ex-premier Sorin Grindeanu are mentioned in an investigation in the U.S. targeting the vice-chair of President Donald Trump’s inaugural committee, Elliot Broidy, a famous Republican…

E-INFRA has announced the extension of its management team and two professionals with demonstrated experience have taken over, starting July 1, key roles within the company: Marius Ghica joins the holding as CFO, while Olga Melihov becomes…