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By rbj
The optimism of CEOs in Romania regarding global economic recovery has reached its highest level in ten years, with 60% of respondents considering that the economic situation will improve in the next 12 months, according to the CEO Survey 2021 report produced by PwC Romania.
Although they are more optimistic than in previous years, CEOs in Romania prove to be more cautious in their forecasts than their global (76%) and Central and Eastern European (CEE)

Category: home | Date: |2021-06-10|

By Emea Riga
The German group Bosch ended fiscal year 2020 with consolidated sales amounting to almost 2.2 billion lei (448 million euros) in Romania, thus registering an increase of approximately three percent compared to the previous year. The company has invested 100 million euros to increase production capacity at factories in Cluj / Jucu and Blaj.
Total net sales of 6.8 billion lei (1.4 billion euros), including sales of unconsolidated companies and domestic deliveries

Category: companies | Date: |2021-05-25|

By Emea Riga
The volume traded on the industrial spaces market in Romania increased by 43% in the first quarter of this year, compared to the same period in 2020, reveals the data contained in a report launched by CBRE, the leader of the real estate consulting market.
According to the document, between January and March 2021, a total of 264,000 sq m of industrial space were rented in Romania, and the largest transaction belongs to the car manufacturer Dacia, which decided to extend
Category: real estate | Date: |2021-05-05|

By Jerom Bolt
US automaker Ford announced on Tuesday that it will invest $ 300 million to build a new light commercial vehicle in 2023 at its Craiova plant, including a fully electric version of it, which will debut in 2024.
"Ford confirmed today that it will invest $ 300 million to build a new light commercial vehicle in 2023 at its Craiova plant, including a fully electric version of it, which will debut in 2024. It will be the first vehicle Ford of volume, completely electric, built in Romania ", the company announces.
Category: automotive | Date: |2021-04-27|

By Edwig Ban
Almost three quarters (73%) of the business leaders who responded to a survey said that their business had been affected by the health crisis, but that the effect had not been quite as severe as they anticipated in March 2020. At that time, 99% of companies expected a negative impact, according to PwC’s Global Crisis Survey 2021. For 20% of global organisations, the crisis has had a positive impact, with their business being in a better place today than it was before the start of the pandemic.
Category: home | Date: |2021-04-06|

By Emea Riga
The Romanian company producing road and passenger vehicles, ATP Trucks Automobile, announces that it will build the first Romanian electric bus, UpCity, whose prototype would be presented at the beginning of May. The vehicle has 83 seats, 25 (+1) on seats, low floor, 3 doors and a range of 200 km, which can be extended up to 360 kilometers.
”ATP Trucks Automobile, the Romanian company producing road transport vehicles and people, announces the entry on a new market
Category: automotive | Date: |2021-03-24|

By Jerom Bolt
Oil Terminal SA Constanta occupies a strategic position in the Black Sea Area, being the largest operator of petroleum products at sea, specialized in the circulation of crude oil, liquid petrochemicals and other products and raw materials for import / export and transit.
SC Oil Terminal is one of the oldest Romanian companies in the oil industry. It was founded in 1898, part of the most modern refinery in Europe at that time, "Steaua Romana". Over time, the company had various names
Category: companies | Date: |2021-03-18|

By Andra Beltz
Dacia-Renault officials announced the start of pre-orders as well as the campaign to promote the Spring electric model in several European cities.
The Dacia brand has chosen the day of the spring equinox, March 20, to open the online pre-orders for the Spring model. This moment will also be marked by two actions, the unveiling of the asphalt creations of some urban artists that illustrate the fact that #SpringIsComing and a colorful advertising campaign

Category: automotive | Date: |2021-03-18|

By Edwig Ban
Alexander International Holding, founded by Arad businessman Simion Apreutese, buys the Romanian and Czech subsidiaries of the German car component manufacturer Brandl Industries, which is in the process of restructuring.
The transaction concerns the Brandl factories in Sibiu and Kaplice, Czech Republic, as well as the service management division, based in Germany.
The Brandl factory in Sibiu employs 600 people, while the factory in
Category: home | Date: |2021-03-17|

By Emea Riga
The American pharmaceutical group Pfizer is going to lay off 15% of the staff of its distribution center in Zaventem (Belgium), and part of the activities of this center will be relocated to Romania, informs the daily La Libre Belgique, according to Agerpres.
According to union representitives, about 388 of Pfizer's 238 employees at its distribution center in Zaventem, Belgium, would lose their jobs. The reason advanced by the company's management would be the relocation of
Category: home | Date: |2021-03-04|

The Romanian Business Journal
Constantin Radut
Editor in Chief
031726 Bucharest, Romania
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