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Cristian Cojanu
Packaging manufacturer clinches EBRD funding
The EBRD is providing 3.7 million Euro mezzanine financing (subordinated debt) to Industrial Mecano, a private Romanian manufacturer and supplier of packaging solutions for consumer goods and industrial purposes, to support the company's development strategy and help create new jobs. Industrial Mecano serves over 350 clients in Romania, including large corporates in the food and beverages sector, the construction materials sector and also retailers.Novensys cauta parteneri in Orientul Mijlociu
La sfârsitul lunii mai, compania Novensys a participat la cea de-a saptea editie a târgului "MEFTEC - Piata Tehnologiilor FinanciareȚ din Abu Dhabi, centrul financiar si capitala Emiratelor Arabe Unite. Novensys a participat la eveniment la initiativa ATIC (Asociatia pentru Tehnologia Informatiei si Comunicatii din România), alaturi de alte 10 companii din România. Standul national al României la MEFTEC a fost finantat prin programul de promovare a exporturilor dezvoltat de Ministerul Economiei, Comertului si Mediului de Afaceri.
Bistro Epoque promite o noua experienta in domeniul culinar
Noul boutique hotel de lux din Bucuresti, Hotel Epoque, si-a inaugurat restaurantul alaturi de Guy Martin, celebrul chef francez distins cu doua stele Michelin. Implicarea lui Guy Martin in proiectul Bistro Epoque presupune crearea meniurilor si selectarea furnizorilor de materii prime care sa corespunda exigentelor, numirea unui chef rezident format de Guy Martin la Paris care sa implementeze acest meniu, consultanta permanenta privind amenajarea si organizarea restaurantului, precum si vizite frecvente la Epoque pentru revizuirea periodica a meniurilor si supervizarea operatiunilor.Austrian businesses need more predictability
With total investments in excess of nine billion Euro, the Austrian business community hopes the future brings more predictability in legislation and tax regulations in Romania. In the meantime, the participants to the recent Austria - Romania Roundtable Business Conference and Awards 2011 expressed their optimism regarding the prospects of the Romanian economy. At the end of this lively get-together, some of the companies and banks present at the event received awards for their efforts and achievements in this difficult economic context.
Austrian - Romanian partnerships stay strong
Even though the recession and the ensuing difficult market conditions have dampened business expansion plans, Austrian companies are determined to develop their investments in Romania, according to Dr. Michael Schwarzinger, the Austrian Ambassador to Bucharest. In an interview with Business Arena Magazine, the Austrian diplomat, who arrived in Bucharest in October last year, emphasized that Romania had great potential for development in sectors such as R&D, alternative energy, industrial supplies, tourism infrastructure and the automotive supplies industry.World Gold Council: Record de cerere pe piata aurului
Cererea de aur la nivel mondial a atins anul trecut un record pentru ultimul deceniu: 3.812 tone, in crestere cu 9% fata de 2009, potrivit celui mai recent raport al organizatiei World Gold Council (WGC). Valoarea totala a cererii a fost de 150 de miliarde de dolari, in crestere cu 38% fata de 2009. Diferenta se explica prin cresterea constanta din ultimii ani a pretului aurului. in 2010, pretul mediu al aurului a fost cu 40% mai mare decat in 2008, anul declansarii crizei economice mondiale.
Anul 2011 aduce schimbari de strategie pe piata bancara
Observand tendinta bancilor de a se concentra mai mult pe relatia pe termen lung cu clientii decat pe profitabilitatea produselor, Steven van Groningen, presedinte si CEO la Raiffeisen Bank Romania, are motive de satisfactie. in ciuda unui an dificil din punct de vedere economic, banca a raportat cresterea profitului net cu 12%, pana la un nivel de 83 de milioane de euro in 2010. Rezultatele pozitive de anul trecut sunt considerate a fi in mare parte rezultatul injumatatirii cheltuielilor cu provizioanele, de la 88 de milioane de euro in 2009 la 48 de milioane de euro in 2010.
Greece-Romania Roundtable Business Conference & Awards 2011
Emphasizing the major part that the Greek business community is playing in the Romanian economy, representatives of major Greek companies, banks and business associations agreed to the need of assuming a more prominent contribution to shaping up the local business environment. With nearly 5,000 companies registered here and employing some 22,000 people, Greek investors have so far pumped some four billion Euro into the Romanian economy, according to the Greek Ambassador, Georgios Poukamissas.
Norway believes in Romania's development prospects
As Norwegian investments in Romania stand at around 300 million Euro and last year's bilateral trade amounted to 530 million Euro, the two countries have great potential for closer cooperation, according to Øystein Hovdkinn, the Norwegian Ambassador to Romania. "My embassy will do its utmost to support this potential being better exploited," he said, emphasizing that the maritime industry, an area of special expertise in Norway, has attracted a large part of the Norwegian investments in Romania.
Infineon Romania presses ahead with its development strategy
Infineon Technologies has announced plans to invest another two million Euro in new microchip testers, as the company banks on steadily improving economic conditions in its core markets and strong demand across all segments. With an optimistic tone, Dr. Michael Neuhaeuser, Infineon Romania's Vice President and General Manager, said he expected continued growth for his companys operations in the next 12 months.Greek Awards for Excellence 2010
MOST ROBUST BANKING SERVICE DEVELOPMENT BANCPOST S.A. ...for its strong consolidation of corporate banking services and client base. MOST DYNAMIC APPROACH TO CORPORATE SERVICES EXPANSION DRAKOPOULOS LAW FIRM ...recognizing superior planning and strategy reflected in its rapid development of operations. MOST COMPREHENSIVE MARKET EXPANSION STRATEGY ALEXANDRION GRUP ROMANIA ...for its steadfast commitment to developing its product portfolio, identifying new markets and consolidating international partnerships as part of its long-term investment plan. MOST INNOVATIVE PRODUCT PACKAGE DEVELOPMENT ROMTELECOM ...illustrating strong creative presentation and outstanding sales and service strategy in a highly-competitive sector.
Greek Awards for Excellence 2010
Citing corruption, bureaucracy and the frequent changes in fiscal legislation as some of the main hurdles affecting the business environment in Romania, the representatives of the Greek business community are still optimistic. Gathered together at the Grand Hotel Continental, the diplomats and business people participating in Business Arenas Greece/Romania Roundtable Business Conference and Awards 2010 sounded a positive note with regard to the future of Greek/Romanian business ties.
Austria-Romania Roundtable Business Conference & Awards 2010
While most Austrian investors admit to have experienced a challenging task, trying to adapt their strategies to the recent difficult economic conditions in Romania, they still emphasized their long-term commitment to this market at Business ArenaaGreek Awards for Excellence 2010
Citing corruption, bureaucracy and the frequent changes in fiscal legislation as some of the main hurdles affecting the business environment in Romania, the representatives of the Greek business community are still optimistic. Gathered together at the Grand Hotel Continental, the diplomats and business people participating in Business Arenas Greece/Romania Roundtable Business Conference and Awards 2010 sounded a positive note with regard to the future of Greek/Romanian business ties. In this context, Ioannis Paschalis, Minister Counselor with the Greek Embassy, told the participants that although the economic conditions were unfavorable, the number of Greek-owned companies registered in Romania increased to 4,778 in January 2010 from 4,697 in December 2009.
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