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Articles - companies

General Electric plans to hire another 200 engineers in Romania

American group General Electric (GE) has reached 900 employees in Romania. Some 350 of them joined the company following the takeover of the industrial group Alstom by GE, a global transaction worth USD 9.5 billion.

Almost 9 in 10 top CEOs are happy with business in Romania despite poorly rated administration

Some 88% of the 200 business leaders questioned in an AmCham Romania survey have declared that their investments in Romania were meeting or surpassing expectations, despite the poor perception they had about the public administration.

71 pct of business people in Brasov expect 10 pct increase in turnover this year

Business people in Brasov and neighboring counties have more positive predictions on Romania’s economy than the national average, with 69 percent respondents in Brasov and surroundings being confident, as compared to a national median of 61 percent.

Nokia returns to Romania after four years

Finland’s Nokia Group has returned to Romania. Starting in mid-January, Nokia’s logo has replaced the logo of France’s Alcatel in Timisoara. The Finnish company will not build another plant but will operate in our country as a result of its merger with France’s Alcatel-Lucent.

Romanian car producer Dacia, biggest company in South-East Europe

Local car producer Automobile Dacia has become the largest company in South-East Europe for the first time, with revenues of EUR 4.2 billion in 2014. It has outpaced the oil & gas company OMV Petrom, which had a turnover of EUR 4.1 billion.

French group Renault names new manager for its design centre in Bucharest

French group Renault has appointed Jean Phillipe Salar to take over as general manager of the Renault Design Central Europe (RDCE) in Bucharest. He replaced Geoffrey Gardiner, who was promoted to design director of Renault-Nissan’s Technocentre in France, at the beginning of September

Transilvania Construcţii to create three real estate leasing companies

Real estate developer Transilvania Construcţii , controlled by the Timofte family, will associate with one of the owners in order to create three companies for leasing and subleasing properties.

Former head of Volumetric Romania, operations manager at CTP Invest

Logistics park developer and operator CTP Invest brought Dan Fleșariu to the team running the operations in Romania, the former country manager of the Spanish developer Volumetric.

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