10 mar 2017

Belgian aerospace company Sonaca on Friday opened a wing component plant in northwestern Romanian city of Cluj, following investments of nearly EUR12 million. more

10 mar 2017

Annual inflation dynamics accelerated to 0.2% in February to the highest level since spring 2015 (before the VAT rate cut on food products from 24% to 9%), on the backdrop of the stimulation of prices more

9 mar 2017

People who borrowed money to buy a home under government-guaranteed mortgage lending First Home program are more vulnerable to a potential interest hike in the future compared with those who took more

9 mar 2017

The Romanian leu strengthened versus the euro by midday Thursday and the Romanian central bank set the leu’s reference rate versus the euro at 4.5456 units, up 0.12% from 4.5512 the previous day. more

9 mar 2017

Industrial sector ranks first among the economic sectors affected by insolvency in 2017, accounting for approximately 54% of the total insolvencies registered countrywide, followed by construction more

9 mar 2017

The unpredictable political and business context, including Brexit, as well as regulatory changes are the main reasons for divestment, according to EY 2017 Global Corporate Divestment study. more

9 mar 2017

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8 mar 2017

The Romanian leu lost ground versus the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at this year’s low of 4.5512, down 0.33% from 4.5362 on Tuesday. more

8 mar 2017

The debt discharge law has triggered a state of incertitude on the market and it is very dangerous that those things can happen, Michal Szczurek, ING Bank Romania CEO, stated Wednesday. more

8 mar 2017

ING Romania gross profit rose 44% last year, to RON565 million, on the backdrop of sale of Visa shares and a general increase of activity, the company’s representatives said. more

7 mar 2017

ArcelorMittal Galati, the largest steel mill in Romania, has put into operation the new hot-rolling machine serving the heavy-plate rolling mill no. 2, following EUR12.5 million investments, the more

7 mar 2017

Euro Insurance DAC (LeasePlan Insurance), part of Irish group LeasePlan Corporation, was authorized by Romania’s Financial Supervisory Authority (ASF) to sell automobile liability insurance (RCA) on more

7 mar 2017

Smartree, provider of outsourcing payroll and personnel administration on the Romanian market, reported a turnover of EUR13 million in 2016, up 35% from EUR9.6 million a year before, the company said more

7 mar 2017

Only 20% of unemployed people in Romania use the internet to search for a job and only 5% of individuals use the internet to download official documents from public websites, according to a World Bank more

7 mar 2017

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6 mar 2017

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) will pay dividends of RON0.023/share from 2016 profit, at a 4.1% yield, the company said in a statement to Bucharest Stock Exchange Monday. more

6 mar 2017

Furniture producer GP Sofa will open a new factory in Satu Mare in May, following EUR13 million investments, the company’s representatives said Monday. more

6 mar 2017

Secom, a company specializing in the import, distribution and sale of natural health and beauty products, invested EUR40,000 in opening a new store in Cluj Napoca city, thus reaching a 12-unit network more

6 mar 2017

Romanian regional investment fund SIF Transilvania (SIF 3.RO) proposed the payment of gross dividends worth RON0.2/share from its 2016 profit. more

6 mar 2017

The nominal value of debts sold or externalized by banks and other entities totaled EUR3.10 billion in 2016, versus EUR2.01 billion in 2015, debt collection group Kruk said in a statement. more

6 mar 2017

Regina Maria, the second largest player on the Romanian private medical services market, reported a turnover of EUR91 million in 2016, up nearly 40% compared with the previous year, maintaining the more

3 mar 2017

The Romanian leu lost ground versus the euro and the US dollar by midday Friday. more

3 mar 2017

European Commission has approved the transaction whereby Ursus Breweries, the leader of the beer market in Romania, will be acquired by Japan’s Asahi group in a EUR7.3 billion deal including all the more

3 mar 2017

Equity fund Frontier Markets Equity and the funds owned by Franklin Templeton, manger of Romanian investment fund Fondul Proprietatea (FP.RO), sold 8,304,181 OMV Petrom shares, according to a more

3 mar 2017

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