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By Edwig Ban
Ford Romania, headquartered in Craiova, Dolj county, will meet next week with the mayors of the Dolj villages within a radius of up to 35 km from Craiova to inform them that in the near future they will start hiring for another 1,700 jobs.
The announcement was made on Tuesday by the President of the Dolj County Council, Ion Prioteasa, at Craiova Airport, where the project "There is
ategory: News | | 06 November 2018 |

By Theo Moreni
The world wine production has returned significantly in 2018, with Romania rising by 21% to 5.2 million hectoliters, from 4.3 million hectoliters in 2017, according to estimates by the International Organization of Vine and Wine (OIV) consulted on Monday by Agerpres.
"In Romania, with a production of 5.2 million hectoliters, after four years of production at an average level, 2018 should exceed the already very high level in 2013", according to the OIV.
In 2013, Romania achieved a wine production of 5,113 million hectoliters, followed by three years in which production did not exceed 3.7
ategory: News | | 29 October 2018 |

By R. Constantin
Once again, our congratulations to former Minister Ilan Laufer for his personal effort to promote Romanian companies on the US market.
On October 26, Laufer announced that more than 150 business plans have already been entered into the Smart Start USA platform and another 350 are about to be completed, and the first funding clearances have already been issued.
Laufer attended the conference for the presentation 

ategory: News | | 26 October 2018 |

By Jerom Bolt
The first hub in Romania, but also in South-Eastern Europe, for quick charging electric cars, was inaugurated Thursday, in Bucharest by Kaufland România and Renovatio Group, Romania making a step before Croatia, Serbia, Hungary and Bulgaria, according to a press release sent by the company.
Placed in the parking lot of the Kaufland store, on Barbu Vacarescu street nr. 120-144 in Bucharest
ategory: News | | 26 October 2018 |

By Emea Riga
Industrial sector will witness this year it’s most spectacular evolution in recent history, and will outpace for the first time 1 million sq m delivered in a single year at national level.
The last analysis provided by Activ Property Services shows that over 1,020,000 sq m of new space are announced for delivery this year, an over 70% yearly growth. Over 540,000 sq m have been already completed since
ategory: News | | 18 October 2018 |

By Andra Beltz
The companies in Bucharest that operate in modern office buildings have monthly occupancy costs ranging between 175 and 500 euros per employee, according to an analysis of Cushman & Wakefield Echinox real estate consultancy firm.
The analysis takes into account rental costs, service charges, operational costs (water, electricity, internet, consumables, cleaning, reception), as well as fit-out and furnishing costs, amortized over a five year

ategory: News | | 10 October 2018 |

By Andra Beltz
Romania's mergers and acquisitions market, including deals without a publicly revealed value, ranged between 1.4 and 1.6 billion euro in Q3, by 15 percent higher than in the similar period of the previous year, according to an analysis carried out by consultancy company Deloitte.
July to September 2018, transactions worth 809 million euro were conducted, more than double than Q2's 391 million euro amount.
'We are witnessing a boom on the deal market, both locally and internationally, with an impact on
ategory: News | | 08 October 2018 |

By Jerom Bolt
The Government adopted the reduction in VAT on tourism to 5%, accommodation, restaurant and catering services, but also for the use of sports facilities, amusement and recreation parks, and the abolition of the fee for geothermal water and water natural mineral, used at the public stations.
"The normative act proposes to extend from 1 November 2018 the application of the reduced VAT rate of 5% for the following operations: accommodation in the hotel

ategory: News | | 04 October 2018 |

By Emea Riga
The Civil Aviation Group SRL, which is a Romanian airline, Blue Air, together with a group of investors from the Republic of Moldova, offered for the privatization of Air Moldova the price of 50 million Moldovan lei and took over the debts of about 1.2 billion of Moldovan Lei, according to a press release. The transaction is 2.6 million euros, but the debts taken over by Blue Air exceed 60 million euros.
ategory: News | | 02 October 2018 |

By Jerom Bolt
Ilan laufer, a former business environment minister in Bucharest, now established in the US, has launched at the Academy of Economic Studies of the Capital of Romania, The Smart Start USA programme with a 500-million USD budget to finance the Romanian companies that wish to extend to the US market.
The said programme's main target is to create Romania's first ecosystem dedicated to the increase of the export and '

ategory: News | | 02 October 2018 |

The Romanian Business Journal
Constantin Radut
Editor in Chief
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