Romania - Beer companies keen to tap into more local resources
- Created on Tuesday, 30 October 2012 07:25
Beer sales amounted to EUR 1.8 billion last year in Romania and the brewing industry generates added value of just over EUR 500 million. This could grow even more in the future if local farmers are able to provide more raw materials to the industry.
Banca Transilvania Q3 net profit up 30 percent to RON 265 mln on growing trading income
- Created on Monday, 29 October 2012 11:46
The net profit of Banca Transilvania (BT) soared 30 percent in the first three quarters to RON 265 million (EUR 59 million), sustained by higher income from financial operations and increased lending activities. The bank remained prudent and decided to increase provisioning of the loan book although it has a low volume of bad loans.
The net...
The Association of Business Service Leaders sets up Romanian branch
- Created on Monday, 29 October 2012 09:46
The Association of Business Service Leaders (ABSL) starts its activities in Romania, reuniting companies in Business Process Outsourcing, Shared Service Centers, Information Technology Outsourcing and Research and Development such as Genpact, HP, Microsoft, Office Depot, Oracle, Wipro and WNS.
“ABSL proposes to consolidate its position in the r...
30 mln Bulgarians and Romanians are set to gain unrestricted access to UK as EU regulations are lifted, says Daily Mail
- Created on Monday, 29 October 2012 08:40
According to the British newspaper Daily Mail, British jobs could be at risk when nearly 30 million Bulgarians and Romanians gain the right to live and work unrestricted in the UK starting 2014. The newspaper cites experts who are warning of a ‘significant spike’ of newcomers when limitations on coming to Britain, which have been...
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