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Romania’s largest do-it-yourself retailer goes multinational

Romanian do-it-yourself retailer Dedeman has recently announced it will invest €30 million for expanding its business to the neighbouring Republic of Moldova.

INS confirms economic growth of 3.8 pc in Q1, 2014

The National Statistics Institute (INS) confirmed the data regarding Romania’s economic growth in the first three months of this year, i.e. 3.8 percent compared to the same period of 2013, and 0.1 percent when compared to the last quarter of 2013, according to figures released Wednesday.

EUR 23 million contract for a new office project from Comnord

Comnord Bucharest, company owned by Sorin Creteanu, is building a new office building for Proiect Bucuresti. The value of the contract is EUR 22.8 million, signed after an auction, according to wall-street.ro.

Two million dollars investment in Ploieşti West Park

An American investment of two million dollars belonging to the company PAS Techologies was inaugurated on Tuesday in the private industrial park Ploieşti West Park, situated on the territory of the village Ariceştii Rahtivani, involving a new production line for the oil industry.

Net investments in Romanian economy, down 7.4% in Q1

The net investments made in the Romanian economy stood at 11.23 billion lei (current prices) in Q1 2014, down by 7.4% compared to the same period of last year, according to the data released on Wednesday by the National Institute of Statistics (INS).

Frederic Bellon: Auchan Romania to boost turnover in 2014 despite drop in first months

Auchan Romania estimates it will increase its turnover this year despite the fact that in the first months sales were below the level reported during the same period last year, said Frederic Bellon, the retailer’s recently appointed general director, according to Mediafax.

MavenHut gaming company rented 500 sq. m in Premium Plaza

MavenHut, the gaming company which has developed Solitaire Arena, rented 500 sq. m office spaces in Premium Plaza building in a relocation process intermediated by DTZ Echinox.

Nielsen: Romania, 5th out of 32 European states for increased trust in economy

Romania recorded in Q1 2014v the fifth big highest increase of the population’s trust in economy out of 32 European states, according to a survey from Nielsen.

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