12 sep 2013

Romania is considering rethinking its clawback tax system so that generic drug producers and brand-name medicine producers will be taxed differently. more

12 sep 2013

The Bucharest bourse should become a medium-sized market, similar to those in Budapest and Prague, in at most two years and the second largest stock market in the region after that in Warsaw in the more

12 sep 2013

The Bucharest stock exchange closed slightly up Thursday, while the bourse’s liquidity was lifted mainly by five special deals with the shares of investment fund Fondul Proprietatea (FP.RO), more

12 sep 2013

Private equity firm 3TS Capital Partners has so far attracted EUR103 million for its fourth fund, which targets investments of EUR2-10 million per company in the media and IT&C sector, including the more

12 sep 2013

U.S. software producer Oracle currently employs some 2,550 people in Romania, including contractors, and will continue hiring, Oracle Romania chief executive officer Sorin Mindrutescu, said Thursday. more

12 sep 2013

Romania’s industrial production rose 7.3% on the year in July, the second largest increase in the European Union, official data showed Thursday. more

12 sep 2013

The penetration rate of generic drugs in Romania is only 24%, compared to 55% in Poland, and local medicine producers estimate that encouraging the use of generic drugs would help the state and more

12 sep 2013

The Romanian leu continued to fall during mid-trade Thursday, sliding to a new 11-week low against the euro in quiet market. more

11 sep 2013

Romanian telecom operator Romtelecom’s costs with managers fell 14.7% on the year to 23.6 million lei (EUR5.28 million) in 2012, as the company reduced the number of executive positions, according more

11 sep 2013

General managers in Romania, at companies employing 200 to 300 people, receive average gross pay of EUR116,300 per year, bonuses included, one of the lowest levels in Europe, according to a survey more

11 sep 2013

Small investors subscribed 5 times more shares than they are offered at an initial public offering for 10% in state-run nuclear power producer Nuclearelectrica, and the sum allotted by players on this more

11 sep 2013

Turkish real estate developer Anchor Grup has appointed Razvan Gaita to the position of general manager of its operations in Romania, replacing Ali Ergun Ergen, whose second mandate as Anchor CEO more

11 sep 2013

The Bucharest stock market closed up 0.37% Wednesday while investors and brokers still focused on the initial public offering for 10% in nuclear power producer Nuclearelectrica, which takes place more

11 sep 2013

The European Bank for Reconstruction and Development (EBRD) is providing a loan worth EUR5 million to co-finance a Romanian EU-funded regional investment program of EUR83.2 million in Bihor county, more

11 sep 2013

Home prices in Cyprus, Greece and Romania registered the sharpest declines in Europe in the first half of 2013 compared with the similar interval a year ago, according to a survey conducted by more

11 sep 2013

Romania’s Government Wednesday approved the conversion into shares of the state budget debts registered by postal operator Posta Romana, ahead of the company’s privatization. more

11 sep 2013

British group Kingfisher paid GBP35 million (EUR41.5 million) cash for Bricostore's 15 home improvement stores in Romania. more

11 sep 2013

The Romanian leu fell slightly against the euro in the first half of Wednesday session, and the central bank’s reference rate weakened mildly to 4.4694 units, from 4.4653 units in the previous day. more

11 sep 2013

Roberto Marco Marzanati, vice-president of the Managing Board of Romanian lender Banca Transilvania (TLV.RO), Tuesday sold a stake representing 0.07% of the bank’s shares for 2.2 million lei more

10 sep 2013

Romania’s telecom market regulator ANCOM said Tuesday it wants to organize an auction next year to grant licenses for radio frequencies in the 3,400 MHz-3,800 MHz band, which may be used for data more

10 sep 2013

All documents concerning the gold mining project in Rosia Montana, western Romania, will be declassified and made public by Minister-delegate for Infrastructure Projects Dan Sova Wednesday, Romanian more

10 sep 2013

The Bucharest stock market closed slightly up Tuesday and investors were interested only in few issuers, especially Fondul Proprietatea (FP.RO), Banca Transilvania (TLV.RO) and SIF Transilvania more

10 sep 2013

Swedish apparel retailer Hennes & Mauritz (H&M) will open four new stores in Romania by the end of the year, one in Ploiesti and three in Bucharest, expanding its local network to 29 units. more

10 sep 2013

The European Bank for Reconstruction and Development (EBRD) is providing a loan worth 57 million lei (EUR13.6 million) to co-finance a Romanian EU-funded regional investment program of EUR150.28 more

10 sep 2013

The volume of farmland transactions in Romania will increase next year not as a consequence of liberalizing the land market but as a result of this segment’s development, Radu Ionescu, managing more