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Romania moves up in World Bank’s Doing Business ranking

Romania ranks 48th among the 189 countries surveyed for the most recent Doing Business report compiled by the World Bank, up from 72nd in 2013.

DB Schenker: the service center in Bucharest will increase to 600 employees

German giant DB Schenker, which decided to open this year in Bucharest a support centre for the financial departments of several group’s subsidiaries, started to recruit accountants speaking foreign languages and plans to reach 600 local employees in the following years.

Two IT giants preparing their Romanian entry could create 4,500 jobs

Two international IT&C corporations are getting ready to enter the Romanian market, which would lead to creating 4,500 jobs, according to a statement from Razvan Cotovelea, minister for Information Society, quoted by Agerpres.

Helios Phoenix takes out EUR21.3 mln loan to finance Romanian logistics parks

Greek industrial park developer Helios Phoenix got a EUR 21.3 million loan from Alpha Bank London to refinance its Olympian parks in Timisoara and Brasov.

Dedeman buys plot from Rosal Group for EUR 5.9 million

DIY retailer Dedeman bought a 3 hectares plot from Rosal Group for EUR 5.9 million, Mediafax reports.

Deloitte CE Technology Fast 50: Romania third in the region

Romanian technology companies have registered an average turnover growth of 400 per cent in the last five years, with the IT sector being the most covered one, Ahmed Hassan, Deloitte Romania Country Managing Partner, stated on Monday at a special conference.

Papalekas takes out EUR 30 mln loan to refinance Tower Center International

Greek business man Ioannis Papalekas borrowed EUR 30 million from BCR to refinance office building Tower Center International (TCI). The building counts Hidroelectrica and the Ministry of European Funds among its tenants, writes ZF.

Bucharest logistics premises, among world’s lowest costs

Bucharest is one of the world’s cheapest destinations considering the occupancy costs of logistics premises, occupying the 27th place from89 markets, with the smallest growth forecasted for the next four years, according to DTZ study.

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