Business

Low Cost Romania — But For How Long?

By Clare Nuttall in Bucharest   Visit any of the major cities in central or western Romania — from Brașov to Arad — and the surrounding area is typically scattered with brand new big box factories an...

High-speed railway from Cluj to Budapest

Romanian Minister of Foreign Affairs, Teodor Melescanu, and Hungarian counterpart, Peter Szijjarto, agreed on the development of a high-speed railway between Cluj-Napoca and Budapest, according to a press relea...

World Bank Report Finds Rise in Global Wealth

Global wealth grew significantly over the past two decades but per capita wealth declined or stagnated in more than two dozen countries in various income brackets, says a new World Bank report. Going beyond tra...

Let’s Get Residential

  By Violetta Tudorache - owner of Bliss Imobiliare www.bliss-residences.ro serving the international community since 2006.      Greenlake These are her top 11 tips for members of the intern...

Betty Ice was bought by Unilever

Unilever has  announced that it has signed an agreement to acquire the business of Betty Ice SRL, the Romanian ice-cream producer. The value of the transaction is undisclosed. Betty Ice was founded in 1994 b...

Elvila Opens Listing Season Of 2018

Viorel Cataramă, Elvila: We have decided to go for a technical listing to ensure maximum transparency of the company and to enable minority shareholders to trade their assets within an organized and efficie...

Colin Lovering – The Man Who Can

  By Douglas Williams Colin Lovering is a debonair gentleman passionate about many things, but few more so than Romania. His passion for this country is clear and infectious and it’s also refreshingl...