Headlines
01 July 2007
Betfair Taps Romania for Offshoring
At the online gambling company's software development center in Romania, staffing
costs are 25% to 30% cheaper than in London Online betting and gaming company
Betfair has set up an offshore software development centre in Romania to cope
with the demands of its rapidly expanding product portfolio.
A property to sink your teeth into
Large castle, views, previous owner undead: Transylvania's Bran Castle, which
inspired Bram Stoker's tale about Dracula, is for sale. Owner Archduke Dominic
Habsburg says its upkeep would put him in the red. It's not every day that somebody
puts a "for sale" sign on Dracula's castle.
Report Predicts Growth of 23.4% for Romanian Food
& Drink Market
Romania's mass grocery retail (MGR) and food sector saw booming sales in 2006
ahead of European Union (EU) accession. The final green light to entry, given
in September by the European Commission, followed by approval by the member states,
added additional stability to the market.
BASF: Romanian market, the "rising star"
of Europe
Germany's BASF group, the world's biggest chemical producer, forecasts it will
reach a turnover of 557m-euros on the Romanian market this year, with its two
units (industrial and oil and gas), a 60% increase on last year's results, due
to expansion and economic growth.
Romania
news archive
July 2007
Betfair Taps Romania
for Offshoring
A property to
sink your teeth into
Report Predicts
Growth of 23.4% for Romanian Food & Drink Market
BASF: Romanian
market, the "rising star" of Europe
June 2007
New Ford Mondeo: first promotions in Eastern Europe
Gran Via builds
2,900 homes in Constanta
Romania’s
high rating could attract more funds from EU
GE Real Estate
and Helios Phoenix Create Euro 175M Development
Fierce competition
over top managers on real estate market
Agip invests €7
mln in five new filling stations in Romania
Romanian entrepreneurs
poised for regional expansion
Spanish Detea
and Lar: 1bn euros in real estate and energy
Renault to invest
EUR 100 M for engineering center in Romania, until 2009
A new K + K hotel
worth EUR 20 M in University Square
Continental Hotels
to hire 1000 people by 2011
Bucharest Stock
Exchange reaches record highs
GTC invests €130 million in a 1.300 apartment complex in Romania
Discovery ready
to launch HDTV in Romania
IFC Romania's
loan volume up by 30%
Romania takes
over Human Rights Council presidency
Up and away with
more easyJet routes
Property in Bucharest
Vodafone Romania
launches Vodafone Acasa
PPFI acquires
share of Romanian hotel chain
Real estate growth
in Romania to last for at least a decade
British buyers
are waking up to Romania
EUR 500 M allotted
to Romania for territorial development
Bulgarian overseas
property market is now over-exposed
Residential project
in Bucharest has investment value of 40 million Euros
Enel to acquire
majority stake in Romanian distribution company
Beating the con
tricks in real estate
BMW office opens
in Romania
Sibiu, a 100m-euro
retail magnet
Can Romania become
Europe's India?
Immoeast takes
over two RED projects for 120 million euros
Cadbury gets sweet
on Romania
Seat sold over
1,600 cars in Romania this year
Immoeast bought
Euromall Pitesti
North East UK
firms invited to tap into overseas water sector
Two new EU members
enjoying property boom
Wizz Air expands
services between UK and Romania
4:Property tempts
advisers into LLPs with up to 7.5% commission
MOL targeting
Romania's wealthy with new forecourt concept
Delta Air Lines
launches Bucharest – New York flights
Sales of imported
cars continue to rise
LSE interested
to develop relations with Romanian brokers
Property investors
abroad reminded of importance of insurance
Bulgarian property
market 'over-exposed'
Local tourists
opt for the Romanian Black Sea
Halewood Romania
sees 26% higher sales
Romania expands
mobile phone infrastructure
The Right Move
Abroad releases real estate market property report
Over EUR 30
bn investments in energy sector until 2020
First GE operation
in Southeastern Europe in Romania
Romania modernises
its highway infrastructure
Romania emerges
from the dark
May 2007
Romtelecom launches
first phase of ‘Customer comes first’ project
Investors undeterred
by Romanian politics
Teen arrested in
Romania facing custody in UK
Immoeast to build
EUR 97M shopping centre in Romania
More than EUR 1
bn for refineries modernisation
CEC privatisation
not earlier than 2009
CFR to let 114 railways
Hotels working on
strategic partnership with low-cost carriers
Romania 'hots up
for US holidaymakers'
Our policy is to
bring to Romania top-quality products
Romanian companies
continue expansion to Eastern Europe
Nokia mobiles made
in Cluj to be sold in Romania, Africa and Asia
Romania is facing
a realignment of its political forces
Jobless Romanians
to be given goats instead of welfare benefits
Romania offers 'dramatically
beneficial' prospects for property market
Romania decides
president's fate
Coffee Republic
enters Romanian market
Bulgaria
and Romania 'ready to attract more American tourists'
Starwood and Hyatt
hotel groups coming to Bucharest
Tourism contributed
over EUR 1 bln to budget in 2006
Gas prices from
domestic production to increase in 2009
Volvo trucks Romania
receives another large order
Romania offers properties
built to British standards
Dubai Chamber discuss
trade ties with Romania
First Dyneff petrol
station of Rompetrol in France
Marshal Turism invest
EUR 2.5 M into a four-start hotel in Bucharest
Bulgaria, Romania
start second Danube bridge construction
Lower prices luring
tourists to Eastern Europe
Petrom to acquire
two local Royal Dutch Shell companies
Cashing in on Romanian
real estate
Real estate market
– a business for the foreign investors
European Investment
Bank opens office in Bucharest
46 p.c. turnover
growth for Fujitsu Siemens Romania in 2006
New CEO of Porsche
Romania Financial Group
Flight markets to
Romania and Bulgaria demonstrate 'healthy growth'
EUR 20 M for the
upgrading of Baneasa airport
Immoeast, the most
active investment fund in Romania
EU Commissioner
in Bucharest by Romanian economy
Four EU countries
dissatisfied with EC attitude towards Romania
Sanofi-Aventis targets
15% turnover increase
Top ten travel agencies
generate 200m-euro business
Immoeast far ahead
in the top real estate investors
Number of foreign
tourists in Romania on the rise
Romania needs some
30 years to attain EU's average development level
North East firms
urged to focus on Romania
US troops presence
in Romania – approved by Parliament
European Film Festival
starts today at Romanian Peasant Museum
Convertibles see
20 times higher growth than market average
Car importers report
60 pc rise in Q1 sales
INS upwardly adjusts
data on exports and imports in January
Romania pays 5,000
USD monthly to lobby firm
SCA invests €10
million to expand cardboard plant
April 2007
EIB grants Romania
more than 4.9 billion euros
Decathlon to open
hypermarket in Romania
Fight for Credibility
Orange Romania customer
base – 8.2 million
Targoviste - Feature
Article
EUR 8 M programme to promote Romanian tourism
Volksbank estimates
gross profit of EUR 22.11 M in 2007
Microchip inaugurates
new design center in Romania
Michelin Romania
Truck, OTR Tyre Production up 23%
Construction of
TransEuropean Transport Network to cost 600 billion
First 43 kilometers
of Transylvania motorway completed by end-2008
Henri Coanda, Aurel
Vlaicu airport merger approved
Black Sea Defense
& Aerospace - Exhibition & Conference
Romania MPs vote
to suspend president
Five EU members
ask for tough monitoring of Romania
EBRD sign agreement
with E.ON Gaz Romania
Great Wall Motors
eyes foothold in Europe
When
a poor country imports even poorer workers
Austrians Invest
in Romania
Nokia confirms investment
in Cluj
Elimination of customs
duties triples BDG's business
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Betfair Transylvania's
Bran Castle Baytree Capital Associates
Carrefour Lidl
BASF
Gazprom