Expats

Bosch to build new car electronics factory in Romania [May 08, 2012] Stuttgart/Bucharest (dpa) - German electronics giant Bosch said Tuesday that it will build a new car parts factory in Romania for 77 million euros (100 million dollars).The factory in Cluj-Napoca is due to start making automotive electronic control units in late 2013. It will employ 340 workers. Bosch said it plans to expand the factory in the future.Local officials said that the government will ... [via YahooNews] More >>

Romania sells Petrom stake, hopes to raise $870 mln [Jul 11, 2011] Romania floated 9.84 percent of Petrom oil group on the Bucharest stock exchange Monday, a public offering expected to earn it 610 million euros (870 million dollars). [via YahooNews] More >>

Romania smashes international cybercrime ring [Dec 14, 2010] BUCHAREST (AFP) - Romanian authorities said Tuesday they dismantled a cybercrime network blamed for causing more than 11 million euros (13.5 million dollars) in losses to firms in the United States, Britain, South Africa, Italy and Romania. [via YahooNews] More >>

Romania smashes international cybercrime ring [Dec 14, 2010] BUCHAREST (AFP) - Romanian authorities said Tuesday they dismantled a cybercrime network blamed for causing more than 11 million euros (13.5 million dollars) in losses to firms in the United States, Britain, South Africa, Italy and Romania. [via YahooNews] More >>

IMF to release 900 million dollars for Romania: official [Sep 25, 2010] The International Monetary Fund has agreed to release 900 million dollars to Romania, as part of a loan to help the country weather the economic crisis, a Romanian official told AFP Friday. [via YahooNews] More >>

Romania faces millions in flood damage, considers raising deficit [Jul 18, 2010] Bucharest - Floods that gripped Romania for weeks have caused more than 400 million euros (517 million dollars) in damage, the Interfax news agency quoted Prime Minister Emil Boc as saying Sunday during a video conference call with regional leaders. [via YahooNews] More >>