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
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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,
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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
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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,
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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
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