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Salaries in the private sector have an 8 percent increase în Q3 of 2016

Salaries in the private sector saw an 8 percent increase and bonuses went up 22 percent, in the third quarter of this year compared with the same period of last year, according to Smartree Workforce Index, an analysis conducted by Smartree, a company operating on the market of HR outsourcing.

ArcelorMittal will continue to invest in steel production in Galati

ArcelorMittal will continue to invest in the production of steel in the Galati plant, after investing EUR 400 million from date to present, Indian billionaire Lakshmi Mittal said in a letter addressed to the plant’s employees.

Romania’s M&A market shrinks 50 pct to USD 1.1 bln in H1 2016

The Romania market for mergers and acquisitions (M&A) has fallen by almost 50 percent to USD 1.1 billion in the first half of 2016, as opposed to USD 2.1 billion in the first half of 2015, according to the EY’s M&A Barometer.

Romania, on the shortlist for new Schaeffler plant

German automotive producer Schaeffler, which owns a plant near Brasov, wants to open another large-size factory in the region. Its shortlist for the new project includes five countries, including Romania.

Targu Mures – Ungheni highway contract, auctioned off again

Romania’s National Company for Managing Road Infrastructure (CNAIR) has auctioned off again the contract for building the highway segment Targu Mures – Ungheni and the connection road.

Airbus Helicopters to create in Romania suppliers’ cluster to address global production needs

Airbus Helicopters Industries is planning to create in Romania a cluster of suppliers capable to deliver solutions and equipments for Airbus Helicopters, the company announced during a meeting at the new factory in Ghimbav with other 70 firms.

Property portfolio of WDP in Romania increases to a total value of more than 150 million Euros

In Romania, WDP is announcing three projects for new clients via its joint venture WDP Development RO.

OTZ moving into CTPark Bucharest West

Logistics company OTZ will move in CTPark Bucharest West on October 21.

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