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S&P: Romania's outlook stable, no change of ratings expected next 12 months

The Standard&Poor's (S&P) financial evaluation agency has currently a stable perspective for Romania and expects no change in the next 12 months in the country's ratings, Aarti Sakhuja, a credit analyst with the agency told Agerpres in an interview.

Bucharest’s modern office space goes up, demand is also higher

The stock of modern office space in Bucharest increased by 2.5% in the first half of the year, to 2.21 million sqm, following the delivery of the City Offices, Auchan Tricodava and Green Court (building B) office buildings.

EUR 6.5 mln go into latest Cinema City multiplex

Cinema City, part of the Cineworld Group, opened its 19th multiplex in City Park Mall Constanta, say company representatives.

EY: Romanian entrepreneurs prefer simpler tax rules to tax cuts

About 60% of the Romanian entrepreneurs consider that simplifying tax rules and regulations for the calculation of tax liabilities would have a greater impact on improving the fiscal environment in Romania than a cut in taxes.

German retailer Kaufland opens store at former beer factory in Bucharest

German retailer Kaufland will open a new store in Bucharest, on the site of the former beer factory Grivita.

Permits for residential buildings up 12.6 pct in June vs May 2015

During the month of June 2015 over 4,000 authorizations for residential buildings construction have been issued, shows data from the National Institute of Statistics (INS).

Financial Times sees growing risks in Romania

Political conflicts, corruption, disagreements with the International Monetary Fund and the fiscal policy easing in Romania are not the ingredients of a performing emerging market, writes the Financial Times.

Regus to open new 1,400 sqm centre in Prague

Regus will open its new centre at the end of July in Palac I.P. Pavlova in Prague’s Vinohrady district.
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