Headlines

Higher turnover for Deutsche Bank’s software development center in Romania

2017-06-27 05:33:00
DB Global Technology, Deutsche Bank’s software development center in Romania, recorded a turnover of RON 165.72 million (EUR 36.2 million) last year, up 64.8% compared to 2015. Its net profit rose by 6.2% to about EUR 6.9 million whereas the average ...

Dutch aluminium producer opens third factory in Romania

2017-06-27 03:40:00
Aluminium producer Prolyte Products, part of the Dutch group Prolyte, opened a new production plant in Piatra Olt, Olt county in southern Romania. The company has used a RON 15.7 million (EUR 3.4 million) loan from Romanian state-owned bank EximBank.

Romania’s SuperBet partners NetRefer for affiliate programme launch

2017-06-27 03:34:00
Romanian betting operator SuperBet has gone live with a new NetRefer-powered affiliate programme. NetRefer's Unified Performance Marketing platform will be used to manage the online and offline affiliate marketing activities of the operator, which is ...

Romania's ruling party picks former economy minister to be next PM

2017-06-27 00:43:00
Earlier, Iohannis met with Liviu Dragnea, the powerful leader of Romania's biggest political party, the Social Democratic Party and Calin Popescu Tariceanu who heads the junior Alliance of Democrats and Liberals to discuss the coalition's nomination for a ...

Romania - Factors to watch on June 27

2017-06-27 00:14:00
BUCHAREST, June 27 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Tuesday. NEW PRIME MINISTER Romania's president named outgoing economy minister Mihai Tudose as prime minister on Monday ...

Romania’s ruling Social Democrat party picks new nominee for prime minister

2017-06-26 23:07:00
Romanian President Klaus Ioannis (L) greets leader of the ruling Social Democratic Party Liviu Dragnea (C) at the Cotroceni presidential palace in Bucharest, Romania, June 26, 2017, after the party nominated former economy minister, Mihai Tudose, to be the ...

Romania president nominates ex-economy minister as premier

2017-06-26 22:07:00
BUCHAREST, Romania – Romanian President Klaus Iohannis on Monday nominated the outgoing economy minister as the new prime minister, saying the country needed to end a political crisis. Iohannis formally proposed lawmaker Mihai Tudose, 50, the economy ...

Romania's Social Democrats pick former economy minister Tudose for PM

2017-06-26 21:55:00
Romanian media on Monday highlighted the fact that Tudose was one of the ministers held responsible for the failure of Grindeanu's government to implement reforms. The proposal was also endorsed by the junior ruling Alliance of Liberals and Democrats (ALDE).

Romania: On the Border of the Real

2017-06-26 15:21:00
Cristian Mungiu’s latest movie, Graduation—for which he won Best Director at Cannes last year—opens with an establishing shot of a dusty European square surrounded by small apartment blocks, then quickly cuts to an interior: a neat living room, with ...