9 mai 2014

Turkey’s dairy producer Sutas, which in 2013 acquired the former Tnuva plant of Popesti Leordeni, 9 km away from Bucharest, postpones the opening of the production unit until next year. more

29 apr 2014

Cinema City, the largest cinema operator in Central and Eastern Europe, has reached a network of 16 multiplex centers in Romania after it opened the second cinema of the company in Ploiesti, in AFI more

14 apr 2014

In a period when many Romanian entrepreneurs have looked abroad to protect their businesses, Ioan Popa, owner of group Transavia, says the domestic market is the basis for growth. more

12 dec 2013

Mobile banking is the future and retailers will be more and more willing to accept mobile payments, according to Titus Grecescu, general manager of online payment processor Pay&Co. more

12 dec 2013

The Romanian mobile payment market is estimated at about EUR10 million a year and at least one third of Romanians use mobile payment services, according to marketing company Breeze Mobile. more

12 dec 2013

Vivre, the largest online deco home furnishing retailer in Romania, expects turnover of EUR7 million this year and will expand in Croatia in 2014. more

12 dec 2013

Romanian Culture Minister Daniel Barbu has resigned from the Cabinet Thursday. more

12 dec 2013

The Bucharest stock exchange opened up 0.14% Thursday and the shares of natural gas transporter Transgaz (TGN.RO) rose 3.71% after investment fund Fondul Proprietatea announced it sold its entire more

12 dec 2013

Romanian investment fund Fondul Proprietatea (FP.RO) has sold its entire stake in state-run natural gas transporter Transgaz (TGN.RO) via a private offering for 303.51 million lei (EUR68.2 million). more

12 dec 2013

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11 dec 2013

Romania’s Transport Ministry expects privatization revenues of 11.4 million lei (EUR2.56 million) in 2014 from the sale of minority stakes in the companies it controls, according to the ministry’s more

11 dec 2013

The net subscriptions of Romanian open-end investment funds hit a record high of 777.8 million lei (EUR174.9 million) in November, and local bond funds attracted 72% of the entire sum. more

11 dec 2013

Lars Wiechen, executive manager and head of the valuation & business modeling services at Ernst&Young Romania, says construction firms and financial institutions have witnessed the steepest decrease more

11 dec 2013

Romanians work about six days per month only to pay income taxes, similar to Czechs, according to a survey conducted by research company Accace. more

11 dec 2013

The Bucharest stock exchange opened slightly up Wednesday and the bourse’s liquidity was lifted mainly by transfers with the shares of gas transporter Transgaz (TGN.RO) and investment fund Fondul more

11 dec 2013

FAN Courier, the largest Romanian-held company on the courier market, expects turnover of 275 million lei (EUR61.7 million) in 2013, up 13.7% on the year. more

11 dec 2013

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11 dec 2013

Schlumberger group, the world’s largest provider of technology and solutions for oil and gas companies, has reached 450 employees in Romania after opening a services center with 170 employees in May more

11 dec 2013

Jean Baptiste Dernoncourt, the newly-appointed executive of Carrefour Romania, says a reduction of VAT on food is needed in order for a steady recovery of consumption to occur. more

11 dec 2013

Heiko Hesse, a former professional football player with major German club Borussia Dortmund, is part of the IMF team that handles review missions of Romania’s new loan agreement, being in charge of more

10 dec 2013

Romania’s population decreased by 3,521 people in October 2013, when over 18,000 children were born and approximately 21,600 people died, according to data released Tuesday by the national more

10 dec 2013

Only 11% of companies in Romania expect to increase staff in the first quarter of 2014, while most of employers say they will keep staff levels unchanged, according to a survey conducted by Manpower. more

10 dec 2013

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10 dec 2013

Aircraft components manufacturer Premium Aerotec Ghimbav, part of the EADS group, plans to rent a further 10 hectares of land in Ghimbav from state-run Romanian helicopter maker IAR Ghimbav in order more

10 dec 2013

The Romanian Government has extended until June 2013 the validity of two government decisions, allowing private-sector companies to access state aid worth almost EUR440 million. more