Director of Ford Romania: Our investment – 1.3bln euro in 11 years since taking over Craiova plant

NINE O'CLOCKMarch 18, 2019

by NINE O'CLOCKMarch 18, 2019041

Ford Company invested approximately 1.3 billion euro in the 11 years since taking over the plant in Craiova, Ian Pearson, Vehicle Operations and Site Director

BUSINESS BUSINESS COMPANIES ECONOMY

Gothaer Asigurări Reasigurări develops its 3 years mid-term strategic plan

NINE O'CLOCKMarch 18, 2019March 18, 2019

by NINE O'CLOCKMarch 18, 2019March 18, 2019030

At the end of last year, Gothaer announced a change of focus of the strategy regarding the group`s activity in Romania. After 2 months of

BUSINESS BUSINESS ECONOMY LEGAL OUTLOOK

PFA and individual enterprises: avoid the risk of removal

NINE O'CLOCKMarch 18, 2019

by NINE O'CLOCKMarch 18, 2019027

According to the provisions of the Law 182/2016, the Authorized Natural Persons (ANP) and the Individual Enterprises (IE) must submit with the Trade Registry an

BUSINESS BUSINESS COMPANIES ECONOMY EVENTS

On St. Patrick’s Day, Guiness kicks off the Irish-style parties in Romania

NINE O'CLOCKMarch 15, 2019March 15, 2019

by NINE O'CLOCKMarch 15, 2019March 15, 2019038

Guinness®, the world’s number 1 stout beer, starts the fun on St. Patrick’s Day also in 2019, on Ireland’s National Day, celebrated on 6 continents

BUSINESS BUSINESS COMPANIES ECONOMY

Romania, Spain sign MoU aimed at promoting economic cooperation. Business Minister Stefan-Radu Oprea: We have a great opportunity to increase exports on Spanish market

NINE O'CLOCKMarch 15, 2019

by NINE O'CLOCKMarch 15, 2019045

Romania has a great opportunity to increase exports to the Spanish market and draw new investments, with an emphasis on fields in which the Spanish

BUSINESS BUSINESS COMPANIES ECONOMY HEALTH Social SOCIAL & HEALTH SPORTS

Partnership between Groupama Asigurari and the Romanian Olympic and Sports Committee, extended by two years

NINE O'CLOCKMarch 14, 2019

by NINE O'CLOCKMarch 14, 2019034

Groupama Asigurari and the Romanian Olympic and Sports Committee (ROSC) have extended their partnership for the next two years, by the end of 2020. By

BUSINESS BUSINESS COMPANIES ECONOMY

Business growth by 36% for Hedone Cafe in 2018 . The only Romanian producer of professional equipment for the preparation of coffee has ended the year 2018 with a turnover of RON 5 million

NINE O'CLOCKMarch 14, 2019

by NINE O'CLOCKMarch 14, 2019035

Hedone Cafe, the Romanian producer of espresso machines and professional, has ended the year 2018 with a turnover of approximately RON 5 million.

BUSINESS BUSINESS COMPANIES ECONOMY FINANCE&BANKING

OTP Bank Romania announces the financial results for 2018: a 25% profit advance than in the base period

NINE O'CLOCKMarch 4, 2019March 3, 2019

by NINE O'CLOCKMarch 4, 2019March 3, 2019069

OTP Group celebrated on March 1st 70 years of existence, while the Romania subsidiary marks 15 years of presence on the local market and announced

BUSINESS BUSINESS COMPANIES ECONOMY

Minister Oprea paid official visit to Cairo: Romania, Egypt determined to develop economic relations, increase mutual investments

NINE O'CLOCKMarch 4, 2019March 4, 2019

by NINE O'CLOCKMarch 4, 2019March 4, 2019063

Bilateral trade growth and opening of markets in North Africa and the Middle East for Romanian companies represented the main topics for discussion at the

BUSINESS ECONOMY FINANCE&BANKING

Fitch affirms Garanti Bank’s long-term IDR with Sable Outlook, emphasizing the bank’s financial resilience and self-sufficiency

NINE O'CLOCKMarch 4, 2019March 3, 2019

by NINE O'CLOCKMarch 4, 2019March 3, 2019055

Fitch Ratings affirmed Garanti Bank Romania’s long-term Issuer Default Rating (IDR) at ‘BB-’, with stable outlook, while the bank’s Viability Rating was also affirmed at

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