Romanian state-owned nuclear power producer Nuclearelectrica recorded a net profit of RON 225.2 million (EUR 48.4 million) in the first nine months of this year, up 120% year-on-year. The operating profit EBITDA reached RON 647.1 million (EUR 139.1 million) during this period, up 38.5% year-on-year. The operating revenues rose by 17.4% mainly due to the The post Romanian nuclear power producer more than doubles profit appeared first on Romania Insider .
Local telecom provider Telekom Romania has introduced unlimited video streaming services to its customers for the EUR 5 credit option. Clients can stream and upload for free content on platforms such as YouTube, HBO GO, Netflix, Amazon Video and Telekom TV. The company also provides free traffic in social media apps such as Facebook, Facebook The post Telekom Romania provides unlimited video streaming services appeared first on Romania Insider .
Banca Transilvania, the second-biggest lender in Romania, is close to signing an agreement to takeover Bancpost, the local subsidiary of Greek group EFG Eurobank. Once completed, this deal will take Banca Transilvania to a market share of over 16%, very close to the market leader BCR. Eurobank has been pursuing exclusive negotiations with Banca Transilvania The post Romanian Banca Transilvania close to signing Bancpost takeover appeared first on Romania Insider .
Five-star InterContinental Bucharest hotel announced it has partnered with Hong Kong tech company Tink Labs Limited to offer the mobile travel solution handy to its guests. Handy is an innovative free-to-use smartphone the hotel guests can use during their stay, inside or outside the hotel, free of charge. With this new solution, visitors can make The post Five-star hotel in Bucharest offers free-to-use smartphones to its guests appeared first on Romania Insider .
Approximately 4 million people aged 15 to 64 do not have a job, are not looking for one, and do not undertake any activities by themselves, according to a report of Romania’s National Bank (BNR) on inflation. The same report shows only 10% of the inactive population would be available for work, even though they The post Report: 4 million Romanians not working, not looking for a job appeared first on Romania Insider .
The level of trust in Mihai Tudose, the Prime Minister of Romania, and Liviu Dragnea, the president of the ruling Social Democratic Party (PSD) has dropped considerably in one month, amid some controversial justice and fiscal changes promoted or adopted by the Government. The level of trust in Prime Minister Mihai Tudose dropped from 23.2% The post Fewer Romanians have confidence in ruling party leaders appeared first on Romania Insider .