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Number of insolvencies doubled in October

The number of companies that have filed for insolvency doubled in October compared to September, so that 23,543 cases have been registered after the first ten months of this year, up by approximately 8 per cent compared to the same period last year, the National Trade Registry Office (ONRC) informs.

CEZ completes Europe’s largest wind farm in Romania

The Czech utility company CEZ completed the 600 megawatt Fantanele–Cogealac wind farm in Romania.

Ploiești Shopping City opens

ROMANIA Carrefour and NEPI have opened the Ploiești Shopping City shopping centre in Ploiești in an investment of EUR 65 mln.

Skanska makes first Romanian Investment

ROMANIA Skanska has made its debut on the Romanian market with the purchase of a 15,000 sqm plot on Strada Gara Herăstrău in Bucharest.

Romania, primary destination for French investors in Europe

Over 100 French companies and 300 Romanian and South-East European companies are expected to attend the “South East Europe – Balkans” regional forum organized by the French Embassy’s UBIFRANCE Economic Mission on February 11-12, 2014.

Huawei to set up regional center in Bucharest, says Romanian PM

Chinese telecom company Huawei will invest in research and education programs in Romania, and will set up a regional center in Bucharest, announced on Friday the prime-minister Victor Ponta, after the government committed to support these investments, according to Mediafax.

Lemet Invests 1.6 million lei in their largest store in Bucharest

Lemet, one of the largest furniture producers in Romania, has recently opened a new LEM’S store in Bucharest.

KPMG Poland moves to Gdański Business Centre

KPMG is to lease up to 10,000 sqm of office space in the Gdański Business Center office building in Warsaw.

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