1 feb 2017

AmCham Romania has expressed its disappointment regarding the reasoning, adopting procedure, provisions and effects of the Emergency Ordinance 13/2017 and of the project to amend the Criminal Code and more

1 feb 2017

Air traffic on Bucharest's two airports, Henri Coanda (Otopeni) and Aurel Vlaicu (Baneasa), rose 18.3% on the year in 2016, to a record number of 10.99 million passengers. more

1 feb 2017

Romanian government adopted the state budget for 2017, Finance Minister Viorel Stefan said late Tuesday, after the Cabinet meeting. more

1 feb 2017

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31 ian 2017

Romanian lender Banca Comerciala Romana (BCR), a unit of Austria’s Erste Group Bank, has granted a EUR25 million loan to TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, for more

31 ian 2017

Turkish fashion retailer LC Waikiki will open its first store in Pitesti city, in Jupiter City Shopping Center owned by Jupiter Group. more

31 ian 2017

Romanian group Grampet, owned by businessman Gruia Stoica, bought a 4.4% stake in medical drugs factory Polisano Pharmaceuticals from Andreea Loredana Gligor-Vonica, daughter of founder Ilie Vonica, more

31 ian 2017

Romanian electricity distribution and supply company Electrica (EL.RO) has an exposure of RON36.3 million resulted from the insolvency of its client Transenergo and expects a low recovery rate of the more

31 ian 2017

Operating leasing company New Kopel Group will invest over EUR20 million in its divisions and will buy over 1,500 new vehicles this year, the company said in a statement Tuesday. more

31 ian 2017

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30 ian 2017

Water bottler Calipso reported sales of RON50 million (EUR11 million) in 2016, up 11% compared with the previous year, the company said in a statement Monday. more

30 ian 2017

Paper products manufacturer Pehart Tec Grup has contracted a revolving loan facility worth EUR24 million from lenders Banca Comerciala Romana, EximBank and Banca Transilvania. more

27 ian 2017

Romanian chemical plant Oltchim Ramnicu Valcea (OLT.RO) has announced the end of the non-binding bid stage of the competitive process regarding the sale of the company’s assets, launched in the more

27 ian 2017

State-run oil transporter Conpet Ploiesti (COTE.RO) has signed a contract of RON271.3 million (EUR60 million) with cu oil and gas company OMV Petrom for crude oil transport, available between February more

27 ian 2017

This year's government-guaranteed mortgage lending First Home program would have a guarantee budget of RON2.5 billion, down by RON440 million compared with 2016, according to a draft government more

27 ian 2017

Private label products of discount retailer Penny Market, controlled by German group Rewe, account for 28-30% of the company’s total sales, said Daniel Gross, Rewe Romania general manager. more

27 ian 2017

Tailwind Romania, a regional company specialized in programmatic trading and ad-tech solutions, part of TDG - ThinkDigital Group, has appointed Calin Rotarus as general manager, the company said in a more

27 ian 2017

German discount retailer Lidl is in pole position to buy the XXL Mega Discount stores in Sibiu and Galati, owned by German group Rewe, according to market information. more

26 ian 2017

Approximately 130,000 sqm of modern retail space are expected to be delivered in 2017, while the largest project announced is Ramnicu Valcea Mall, a project with a total GLA of 28,000 sqm, according more

26 ian 2017

Japan’s car part manufacturer Yazaki, which had 5 plants and over 6,800 employees at mid-2015 in Romania, got RON15 million state aid to extend production at its manufacturing center in Braila, its more

26 ian 2017

The macroeconomic confidence index measured by the Chartered Financial Analysts Association – Romania (CFA Romania) fell 4.3 points to 61.3 points in December 2016, due to a drop in both current more

26 ian 2017

Romania continues to see almost credit-less economic growth, as the private loans' share of GDP declined last year to a decade low, according to ING Bank analysts. more

26 ian 2017

German discount retailer Lidl will open a new unit in Drobeta Turnu Severin city, southwestern Romania, which will cover 1,200 square meters, the company said in a statement. more

26 ian 2017

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25 ian 2017

This year will be the year of financing for SMEs and startups, according to a study conducted by Business Teorema, which specializes in consulting services for EU funds accession. more