16 dec 2016

Bulgarian group Eurohold, shareholder of insurance company Euroins Romania, will issue EUR40 million bonds on the Irish stock market, and will use EUR22 million (RON100 million) for increasing Euroins more

16 dec 2016

The Romanian leu further lost ground versus the US dollar by midday Friday and the central bank set the leu’s reference rate versus the dollar at a new record low of 4.3263 units, down 0.27% from more

16 dec 2016

Ten insurance brokers, accounting for 25% of the insurance brokers operating on the Romanian market, have established the first employers’ organization in the sector - the Romanian Employers’ more

15 dec 2016

The Romanian leu lost ground versus the US dollar by midday Thursday and the central bank set the leu’s reference rate versus the dollar at the record low of 4.3146 units. more

15 dec 2016

The negotiations between the National Company KazMunayGas of Kazakhstan (KMG NC) and Chinese company CEFC (China Energy Company Limited) for the transaction of buying a 51% stake in KMG International more

15 dec 2016

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14 dec 2016

Bucharest Stock Exchange (BVB) shareholders on Wednesday approved in principle the merger with SIBEX-Sibiu Stock Exchange, the bourse said in a statement Wednesday. more

14 dec 2016

The sales volume of PVC profile maker Barrier, owned by Electric Plus company, rose 50% on the year in 2016, the company said in a statement. more

14 dec 2016

South-African investment fund New Europe Property Investments (NEPI), present on the Romanian market, and South-African group Rockcastle, closed an agreement for their merger in an entity more

14 dec 2016

Mobile devices currently account for over 40% of the traffic on the website of online retailer evoMAG.ro, double compared with the beginning of the year, on the backdrop of the increase of smartphone more

14 dec 2016

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13 dec 2016

Office space stock in Bucharest exceeded 2.5 million sqm, while another 80,000 sqm will be delivered by the end of the year, according to the latest CBRE data. more

13 dec 2016

Low cost airline Wizz Air will start operating new flights from International Airport “Avram Iancu” Cluj (western Romania) to Stockholm, Bratislava, Larnaca and Malta, starting 2017. more

13 dec 2016

The debt discharge law and the law regarding the conversion of foreign currency loans into Romanian lei trigger lower risks for the country’s financial stability, deputy central bank governor Liviu more

13 dec 2016

Over 100 online stores have prepared sales promotions for the upcoming Christmas holidays, such as up to 65% price reductions, contests for trips abroad, two-hour delivery in Bucharest, 24-hour more

13 dec 2016

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12 dec 2016

German-held food retailer Kaufland opened a new store in Codlea, Brasov county, bringing its local network to 112 stores, the company said in a statement. more

12 dec 2016

Romania will establish a network of refuelling stations for compressed natural gas vehicles by 202, in accordance with EU Directive 94/2014, the Association of Compressed Natural Gas Producers and more

9 dec 2016

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8 dec 2016

The European Commission on Thursday sent reasoned opinions to Romania and Latvia to transpose Directive 2013/55/EU on the recognition of professional qualifications into national law, otherwise, the more

8 dec 2016

South-African investment fund New Europe Property Investments (NEPI) will invest EUR20 million next year in the modernization and expansion of retail center Shopping City Sibiu. more

8 dec 2016

Class IT Outsourcing, provider of IT support services, and Class IT Hardware company will merge under one brand, Startech Team, 15 years from their founding, and will enter the market of IT solution more

8 dec 2016

OMV Petrom and Hunt Oil Company of Romania announced the start of experimental gas production at Padina field (southern Buzau county), discovered at the end of 2014, which is the final stage of a new more

7 dec 2016

Adval Asset Management, supported by JLL’s Capital Markets team, has secured the refinancing of EUR6.7 million for Banu Antonache Office Building, a 4.500 m² building delivered in 2006 and located more

7 dec 2016

Human capital effectiveness in private companies in Romania rose by 12.5% compared with the previous year, to 1.44, mainly due to higher profitability triggered by the decrease of total costs of more