7 dec 2016

Enel Distributie Muntenia, member of Enel group, which manages electricity distribution networks in Bucharest, Ilfov and Giurgiu counties, has changed its name into E-Distributie Muntenia, the company more

6 dec 2016

Romanian debtor clients pay, on average, RON155.05 as back payments for phone bills and RON307 as back payments for financial loans, according to a study by Top Factoring, one of the main players on more

6 dec 2016

Romania’s Financial Supervisory Authority (ASF) has approved the listing of private healthcare provider Medlife on the Bucharest Stock Exchange through the sale of 8.8 million shares by private more

6 dec 2016

French building materials manufacturer Saint Gobain bought Pietta Glass Working, active in glass processing and insulating glazing systems for façade markets and certain industrial applications, in more

6 dec 2016

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5 dec 2016

Five in ten Romanians feel forced to spend money at Christmas, while two in ten said they went into debt to pay for Christmas gifts last year, according to a an ING International Survey regarding more

5 dec 2016

EUR83 billion and 790.000 jobs are lost every year across the European Union due to counterfeiting and piracy, while clothes, toys, sports goods, jewelry, handbags and music are among the sectors more

5 dec 2016

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4 dec 2016

Romania’s Competition Council approved the takeover of CRH Comnord by CRH Ciment company, the institution said in a statement on Sunday. more

29 nov 2016

The central bank has approved the merger through absorption between Banca Comerciala Carpatica (BCC.RO), as absorbing bank, and Patria Bank. more

29 nov 2016

State-run energy holding CE Hunedoara has filed for insolvency again, proposing a new judicial administrator, after Alba Iulia Court of Appeals rejected a similar request on November 8. more

29 nov 2016

Steelmaker ArcelorMittal Galati invested EUR6.5 million in a high-capacity bridge crane that will be used for the transport of liquid steel to the casting machines, the company said in statement more

28 nov 2016

Bramac Romania has finalized the acquisition of the concrete roof tile plant of Elpreco, based in Craiova, for approximately RON33 million (EUR7 million). more

28 nov 2016

Romeo Urjan, specialist in nuclear industry, is the new president of National Uranium Company (CNU), the Romanian Energy Ministry said in a statement Monday. more

28 nov 2016

Marco Pannunzio will be the new general manager of Total Romania as of December 1, replacing Franck Haettel, who will become Security Coordinator for the Marketing & Service unit of the company in more

28 nov 2016

Lukoil Romania was authorized to sell vignettes, National Company for Road Infrastructure Administration (CNAIR) said in a statement Monday. more

28 nov 2016

Insolvency practitioner Casa de Insolventa Transilvania (CITR) has completed the insolvency procedure of Cord Blood Center companies in Romania, whose reorganization process involved the merger of the more

25 nov 2016

The macroeconomic confidence index measured by the Chartered Financial Analysts Association – Romania (CFA Romania) rose 12 points to 65.3 points in October 2016. more

25 nov 2016

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24 nov 2016

Romania climbed five spots and ranks 50th in PWC’s global ranking "Paying Taxes 2017", which measures the “ease of paying taxes” for companies in 190 economies around the world. more

24 nov 2016

The number of real estate deals in Romania stood at 703,509 in the first nine months of 2016, over 56,000 more than in the same period in 2015, according to the national cadaster agency ANCPI. more

24 nov 2016

2016 will be the best year for the Romanian residential market, with a record number of finalized housing units and an increase of transactions, according to a study by Coldwell Banker Affiliates of more

24 nov 2016

The European Bank for Reconstruction and Development (EBRD) on Wednesday sold 104.5 million shares, representing 2.9 % of Banca Transilvania’s share capital, and currently holds an 8.6% stake in the more

24 nov 2016

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23 nov 2016

The financial crisis, which started “with a recession” in 2008-2009, is not over yet although the Romanian economy “grows at fastest pace in Europe”, as the country is still in transition, more