De’Longhi Romania, the local subsidiary of the Italian coffee machine maker, has registered revenues of RON 1.22 billion (EUR 262 million) last year, up 30 percent compared to 2017, the group said on Tuesday, according to Business-Review.eu.
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Romanians can vote for priority projects for their cities by March 22, as part of a project by the World Bank (WB) in partnership with the Federation of Metropolitan Areas and Urban Agglomerations in Romania, sub-national public authorities and UrbanizeHub, says Romania-Insider.com.
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Prime Minister Viorica Dăncilă has invited the representatives of magistrates’ associations and of the Superior Council of Magistracy (CSM) to talks about the amendments to the laws of justice on Monday at 15.30h. The announcement was made by the Government in the context in which the magistrates protested in an unprecedented gesture on Friday against the emergency ordinance to amend these laws, according to RomanianJournal.ro.
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The central Romania city of Cluj-Napoca might host an ATP men’s tennis tournament starting 2020, local sports publication ProSport has learned.
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Berlin-based logistics group Zeitfracht Group announced that it wants to buy shares in the Romanian low-cost airline Blue Air and has already applied for approval from the German competition body Bundeskartellamt to pursue this deal, according to Romania-Insider.com.
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Romania’s households are considered to be wealthier in real terms than those from Bulgaria, Croatia and Hungary, with 68 percent of European Union average in terms of Actual Individual Consumption (AIC), fresh Eurostat data show, according to Business-Review.eu.
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Belgian industrial and logistics developer WDP buys the CTPark Cluj I logistics park from CTP Group, the largest developer and manager of Class A logistic and industrial spaces Romania, according to Business-Review.eu.
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Romanian companies Trencadis and Mondly have made it to Deloitte’s 2018 Technology Fast 50 Central Europe, in the main category, Technology Fast 50 ranking, respectively in the Rising Stars category. Over 20 Romanian companies entered the competition for this year’s edition of the program that recognizes the most dynamic technology companies in Central Europe, according to RomanianJournal.ro.
Finance Minister Eugen Teodorovici has announced that the tax amnesty would be renamed financial restructuring, while its mechanism will be concluded in October, according to RomaniaJournal.ro.
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Hidroelectrica, the biggest power producer in Romania, controlled by the state, will have an investment budget of over EUR 800 million by 2020 for refurbishing and modernizing the power plants that it currently operates, according to the draft of Romania’s Energy Stategy 2018-2030, launched into public debate, says Romania-Insider.com.
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