30 mar 2017

Lender BRD launches a new mortgage loan for the acquisition or construction of a first home, an alternative to government-guaranteed mortgage lending First Home program, with a minimum down payment of more

30 mar 2017

Engineering company Siemens Romania registered revenues worth EUR160 million in the financial year 2015/2016, up 2% on the year, the company said in a statement Thursday. more

29 mar 2017

The Romanian leu weakened versus the euro and the US dollar by midday Wednesday. more

29 mar 2017

The Romanian mergers and acquisitions market stood at $3.54 billion in 2016, totaling 113 transactions, according to EY M&A Barometer 2016 for Central and Southeast Europe. more

29 mar 2017

Over 52% of the total office spaces leased last year were contracted by IT&C, outsourcing and BPO companies, according to an analysis by ESOP Consulting. more

29 mar 2017

Michelin group will invest EUR60 million in the metallic cord plant Michelin Zalau Cord in Zalau town, northwestern Romania, thus creating 140 jobs and increasing production capacity by 50%, to 60,000 more

29 mar 2017

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28 mar 2017

The binding bids for the assets put up for sale by Romanian chemical plant Oltchim Ramnicu Valcea (OLT.RO) can be submitted until June 26, Oltchim said in a statement Tuesday. more

28 mar 2017

Nearly 90% of entrepreneurs face administrative obstacles when starting, developing or consolidating their business, according to a survey presented Tuesday by the National Council of Romanian Small more

28 mar 2017

Lender BRD ranked first on the factoring market last year, with a 20% market share and a turnover of EUR822 million, and with the highest volume registered for fast moving consumer goods, electronics more

28 mar 2017

Strauss Group has reached an agreement with investment fund TPG Capital to buy the 25.1% stake owned by the fund in Strauss Coffee, the coffee division of the Israeli group which owns Doncafe and more

28 mar 2017

Nestle Romania, a major player on the local food products market, reported sales of over RON764 million in 2016, up 13% on the year, according to ZF calculations based on company data and Finance more

27 mar 2017

Romania's general consolidated budget posted a surplus of RON397.1 million in January-February, or 0.05% of gross domestic product, finance ministry data showed Monday. more

27 mar 2017

Only two in ten internet users in Romania (18%) shopped online in 2016, the lowest share in the EU, while the average stands at 66%, according to the data from marketing agency Perceptum. more

27 mar 2017

Star Transmission and Star Assembly, subsidiaries of German group Daimler in Romania, reported a turnover of EUR140 million in 2016, according to preliminary data, following investments of EUR150 more

27 mar 2017

Retailers Intersport, Noriel and Flanco will open stores in Prima Shops retail park in Oradea, developed by Oasis Retail & Development Consulting, that will be opened on April 6. more

27 mar 2017

According to a study published by consulting firm CITR Group, 92% of businessmen who experienced failure quit business, considering the failure as a “life sentence”. more

27 mar 2017

Paving setts and curbstone manufacturer Elis Pavaje started the construction of the third plant of the company due to the higher demand of products on the segment of public works and residential more

27 mar 2017

Japan Credit Rating Agency JCR affirmed Romania's long-term foreign and local currency ratings to BBB and BBB+, respectively, while the outlook is stable, Romanian Finance Ministry said in a statement more

27 mar 2017

Solina, a leading European producer of ingredients for the food industry, has reached an agreement to buy Supremia Grup, the largest producer of food ingredients and spices on the Romanian market, more

27 mar 2017

Industrial park developer Helios Phoenix will buy Millenium Logistic Park, located in Popesti Leordeni town, which will be renamed Olympian Park East Bucharest. more

24 mar 2017

Romanian state-run power grid operator Transelectrica (TEL.RO) proposes the payment of gross dividends of RON1.881/share, at a 6% yield, or RON2.257/share, at a 6.6% yield, from last year’s profit. more

24 mar 2017

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) proposes the payment of gross dividends of RON0.0105/share from last year’s profit, totaling RON3.87 million, at a 7% yield, the more

23 mar 2017

Star Transmission, the subsidiary of German group Daimler in Romania, has invested EUR36 million in opening a new production unit in Cugir (Alba County), that produces planetary gears for its more

23 mar 2017

Financial Supervisory Authority (ASF) will support the takeover of insurance company City Insurance by Dr. Max Roessler, a private Swiss investor, and will cooperate both with the company and the more