9 iun 2015

Romania's Chamber of Deputies voted 231 to 120 to not strip Prime Minister Victor Ponta of his immunity so he could face a criminal probe launched by the anticorruption department. more

9 iun 2015

Swedish retailer IKEA, which operates a single store in Romanian capital city Bucharest, switched to profit in 2014, for the first time since its direct entry on the local market in 2010. IKEA Romania more

9 iun 2015

Euromedic Romania, a private healthcare services provider that manages ten medical imaging centers countrywide, was rebranded as Affidea, as a natural step after a period of sustainable development on more

9 iun 2015

Video game developer Ubisoft Romania will hire 300 specialists at its new headquarters in Bucharest, raising employee numbers to 1,500. more

9 iun 2015

Romania’s imports grew more quickly than exports in the first four months of the year and the country’s trade deficit widened to 2.02 billion euros, the statistics office said Tuesday. more

8 iun 2015

Romanian aluminum smelter Alro Slatina wants to take out loans worth over $207 million and the biggest financing of $120 million is a revolving loan facility which will be used to refinance a loan more

8 iun 2015

Businessman Ovidiu Tender was sentenced to 12 years and seven months in prison and Marian Iancu was sentenced to 14 years in prison in the Carom file, on charges of embezzlement and money laundering. more

8 iun 2015

Constructions materials producer Den Braven Romania, the local unit of Dutch group Den Braven, exports over half of its production, said Dan Miculescu, head of the company’s local operations. more

8 iun 2015

Romania’s Finance Ministry on Monday rejected all offers at the reopening of a ten-year bond due June 2021, citing high yields, central bank data showed. more

8 iun 2015

Romania is a very productive and interesting market, with a very good growth potential, according to Werner Richter, general manager with Bosch Rexroth, the automotive technology plant recently opened more

8 iun 2015

Florin Constantin, a manager with farming seeds producer Euralis for over seven years, was recruited by Aectra, a Romanian fertilizers and pesticide producer, for the position of deputy general more

8 iun 2015

Violeta Luca, a well-established manager in the local retail sector, resigned from the position of vice-president and chief executive officer with Romanian online retailer eMag, after less than two more

8 iun 2015

The financial watchdog ASF has approved the plan for a second capital raise for insurer Astra and, if achieved, it will be the saving signal for the company, ASF vice-president Mircea Ursache said more

8 iun 2015

The average salary in Romania rose 1.5% in April to 1,857 lei (around 420 euros) from RON1,829 in the previous month, data from the statistics bureau showed Monday. more

5 iun 2015

Romanian local financial regulator ASF authorized BRD Asset Management, the third fund manager by size with RON2.6 billion assets under management, to launch open-end investment fund BRD USD more

5 iun 2015

Polish investment fund Innova Capital aims to list bottled water wholesaler La Fantana, which it controls, on the Bucharest bourse by early July, according to market sources. more

5 iun 2015

The spare parts exports of AILN, the logistic unit of Romanian carmaker Automobile Dacia, accounted for 2% of the country’s total exports, at over EUR1 billion, on higher demand for entry range more

5 iun 2015

The recently announced natural gas price hikes for household consumers could mean an of 1.4 billion lei (EUR315 million) for the revenue of Romania’s main natural gas producer Romgaz (SNG.RO) over more

5 iun 2015

Romania's President Klaus Iohannis has called on Prime Minister Victor Ponta to resign amid accusations of fraud, money laundering and tax evasion put forth by anticorruption prosecutors. Ponta said more

5 iun 2015

Romanian housing construction was up 11.6% on the year to 9,232 units in the first quarter, mostly fueled by rising investment in urban areas, the country’s statistics institute INS said Friday. more

5 iun 2015

The strong activity in retail, industry and the communication sectors had the major contributions to Romania’s above-expectations economic growth in the first quarter of the year, data from the more

4 iun 2015

Fitch Ratings has upgraded the rating of Romanian lender Banca Transilvania (TLV.RO) to 'BB' from 'BB-', while affirming the ratings of UniCredit Tiriac Bank, ProCredit Bank Romania and Garanti Bank, more

4 iun 2015

Tire producer Pirelli Tyres Romania, a unit of Italian tire maker Pirelli, registered sales revenue of 1.67 billion lei (EUR376.2 million) in 2014, up 6% from RON1.58 billion a year before. more

4 iun 2015

The Bucharest National Airport Company (CNAB) posted 14.5% higher turnover to RON150.3 million (EUR34.1 million) in the first quarter of 2015, from RON131.2 million in the year-earlier period, more

4 iun 2015

HR company Adecco, leader of the Romanian recruitment and temporary workforce market, registered revenue of 240 million lei (EUR54 million) in Romania last year, up 15% from 2013, the company said. more