Microsoft Romania Names New BMO Manager (01-09-2010)

Microsoft Romania, the local unit of U.S. software producer Microsoft, named Michal Golebiewski in the position of business, marketing and operations (BMO) manager, starting with September Full story

Leonardo commits to pay over 200,000 euros per month to banks (01-09-2010)

Leonardo, the biggest Romanian footwear retailer, held by businessman Florin Panea, which has received approval for judicial reorganisation from most creditors, one year from becoming insolvent, Full story


Nokia Siemens Networks eyeing home electric meters (01-09-2010)

Nokia Siemens Networks, one of the world's biggest technology providers for the telecom industry, will this year enter the domestic energy market which, according to the Full story

The past five years in food and beverage production: 25 plants closed, 3,000 people (01-09-2010)

In the past five years, more than 25 production facilities largely held by food industry multinationals have been closed as owners decided to restructure their businesses. Full story


Antonescu family builds second hotel in Bucharest in Dorobanţi (01-09-2010)

Antonescu family, controlling Marshal Turism travel agency and a hotel of the same name in Bucharest, is poised to invest several million euros to build a Full story

Malacopol, AKTA: Rationing of consumption, more visible on consumer segment (01-09-2010)

Both companies and individuals have over the past year scaled back telecom services consumption, but the steepest expense reductions were operated on the consumer segment, says Full story

This year's 200m-euro investments set the groundwork for a new start in DIY field (01-09-2010)

At the end of a year that started with the toughest quarter for DIY retailers on slumping sales, store networks will book investments of around 200m Full story

Renault's Titu centre on the finishing straight (01-09-2010)

Renault Technologie Roumanie, already working on the next generation Logan model, and which has designed more than 50% of the Duster SUV, is starting test operations Full story

Ionuţ Negoiţă, Rin Grand Hotel owner, halts investments (01-09-2010)

Businessman Ionuţ Negoiţă, 36, who owns Confort group together with his brother Robert Negoiţă (a PSD deputy), with tourism, real estate and media operations, maintains he Full story

Amazon competes with Continental and Bitdefender for software developers in Iaşi (01-09-2010)

Amazon, the world's biggest online retailer is hiring 12 software specialists in Iaşi, where it will open a new development centre in September.The online retailer intends Full story

250 young people of Cluj work for Samsung in BPO centre, 250 more to (01-09-2010)

Kykes, a US provider of management solutions and BPO services, with 51,000 employees and global revenues of 850m dollars, has so far recruited 250 people at Full story

LIDL wants loan from EBRD for its first openings in Romania (01-09-2010)

Germany's Schwarz group, with 55bn-euro turnover in Europe, could get a 200m-euro loan from the EBRD for Kaufland or LIDL store openings in Romania, Bulgaria and Full story

Romanian Electroputere To Sack 350 People Come Oct 1 (25-08-2010)

Romanian electric motor maker Electroputere Craiova (EPT.RO) will lay off 350 employees starting with October 1, with compensation pay, due to the lack of contracts and Full story

Statistics: Some 2,654 mixed companies are registered in first five months (25-08-2010)

Around 2,654 companies with foreign share capital were registered in Romania, in the first five months of this year, with a total value of the subscribed Full story

Valvis set to launch competitor for Dorna in September (25-08-2010)

Greek-born Swiss businessman Jean Valvis, who built two powerful Romanian brands, Dorna and LaDorna Lactate (LaDorna dairy products) will launch the premium mineral water Aqua Carpatica Full story

Verbund and Martifer want almost 100 turbines in Tulcea by 2012 (25-08-2010)

Austria's Verbund, an utilities group with turnover worth around 3.5bn euros, and Portuguese Martifer, a company with over 600m-euro turnover specialised in renewable energy and metallic Full story

IKEA Romania retail manager pessimistic about furniture market (25-08-2010)

Cornel Oprişan, retail manager of IKEA Romania, the biggest furniture retailer domestically in terms of sales, is extremely pessimistic about the furniture market, which he sees Full story

Dufa and Guzu's strategies after comeback on paint market (25-08-2010)

Germany's Meffert group, which in 2005 sold Dufa Romania to Advent International US investment fund, and businessman Daniel Guzu, who in 2008 sold Fabryo varnish and Full story

Salary raises by 4.5% from multinationals in 2010 (25-08-2010)

Multinational companies present domestically further increased salaries by 4.5% this year, half the value applied last year, and increases were operated only for high performing employees, Full story

Tuborg boss: It's time to boost exports, but Romanian authorities should help us with (25-08-2010)

Shachar Shaine, the chairman of United Romanian Breweries Bereprod, the brewer of Tuborg and Carlsberg, ranking fourth on the domestic beer market, maintains brewers should step Full story