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Articles

Net nominal average salary, up 5.7% in March, to 1,829 lei

The net nominal average salary stood in March 2015 at 1,829 lei, on the rise from the previous month by 98 lei (5.7%), with its highest values having been recorded in the production of tobacco products (5,799 lei) and the lowest ones in hotels and restaurants (995 lei), according to the data released on Thursday by the National Statistics Institute (INS).

Coffice, a new business concept, for businesses

The problem of the initial investment in a business was always a big problem for the entrepreneurs. What about renting a package including everything connected to the space, office furniture, internet subscription, heating, air-conditioning, video projectors, cables, copy machines?

French investors: Romania should move from low-cost labor to competitiveness

Romania needs to turn from a cheap labor economy into a competitive economy if it wants to grow and attract new investments, said Eric Faidy, president of the French Chamber of Commerce in Romania.

NEPI doubles Constanta shopping mall area

South-African investment fund New Europe Property Investments (NEPI) will open in June the new wing of the shopping center City Park Mall in Constanta, after a EUR 40 million investment.

General Concrete secures EUR 6 mln loan for residential development in Bucharest

General Concrete Land Development has secured a EUR 6 million loan from Garanti Bank for the development of Sunflower Grand Apartments, a residential project in Bucharest. The funding was granted for a period of three years.

Bankrupt company of Alia Apartments developer to sell nearly 2 ha plot in Baneasa for EUR 4 million

A plot of land exceeding 17,400 sq. m, situated in Baneasa district in Bucharest, bought in 2008 with nearly EUR 12 million by the currently bankrupt company Alia Parking is up for sale for a starting price of EUR 4 million, according to information from the website of Casa de Insolvenţă Transilvania, the company’s judicial liquidator.

Casa de Insolvenţă Transilvania relocates its offices to Green Court in Floreasca

Casa de Insolvenţă Transilvania (CITR), judicial administrator for insolvent companies, relocates in June its headquarters from Phoenicia Business Center, situated near Unirii Blvd., in Bucharest to the business park Green Court, situated in Barbu Văcărescu area,a ccording to sources in the market.

Xerox opens new customer care center in Bacau

Document management company Xerox announced it will expand the range of services for its European customers with the opening of a new customer care center in Bacau, where it will hire 140 people. This center will target customers in Italy.

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