1 iul 2013

Two Romanian businessmen will invest about EUR20 million in developing a business park in the western city of Timisoara. more

1 iul 2013

The Romanian expanded polystyrene (EPS) market doubled in 2011-2012 compared with 2007-2010, thanks to an increase in sales supported by building thermal rehabilitation projects, according to a survey more

1 iul 2013

Retailer Carrefour Romania will expand its proximity store network with 20 new franchised units after signing two partnerships with local retailers Rost Com and Traditional Ecologic. more

1 iul 2013

The Bucharest stock exchange opened up Monday, similar to the main European markets, while the bourse’s scarce liquidity mirrors investors’ lack of appetite for trading. more

28 iun 2013

Romanian private railway company Grup Feroviar Roman (GFR), which will pay EUR202 million for a 51% stake in freight railway carrier CFR Marfa, said its main priority is to make the state-run company more

28 iun 2013

The poor state of the Romanian railway infrastructure makes Asian freight railway carriers avoid Romania, Sorin Chinde, general manager of private railway company Grup Feroviar Roman (GFR), said more

28 iun 2013

Romanian managers’ expectations concerning turnover and profit increase this year were almost the same in June as in January 2013 and about 70% of them expect growth, according to a survey conducted more

28 iun 2013

The Bucharest stock market opened undecided Friday on reduced volumes. more

28 iun 2013

The Romanian leu strengthened slightly against the euro Friday and traded below 4.45 units in quiet market and amid low volumes. more

28 iun 2013

The first ten largest insurance companies in Romania employed an average of 12,000 people last year, 1,000 fewer than in 2011, as they continued restructuring their business, hurt by the crisis. more

28 iun 2013

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27 iun 2013

Viorel Constantinescu has been appointed leader of Hidrosind, the trade union of Romanian state-owned hydropower producer Hidroelectrica, people close to the matter told Mediafax Thursday. more

27 iun 2013

Romanian mobile operators must reduce roaming charges for calls to other EU member states starting July 1 to no more than EUR0.24/minute for outgoing calls and EUR0.07/minute for incoming calls, more

27 iun 2013

Romania must change the system setting prices of imported drugs to discourage parallel export, Health Minister Eugen Nicolaescu said Thursday. more

27 iun 2013

The volume of non-performing loans in Romania will continue to rise unless banks unfreeze lending, because companies undergoing restructuring can’t survive without access to new loans, according to more

27 iun 2013

Romania’s government made a proposition to Azeri state-run oil company SOCAR to take over state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO), which entered insolvency at the beginning of the more

27 iun 2013

The Bucharest Court decided insolvent state-owned hydropower producer Hidroelectrica may exit insolvency. more

27 iun 2013

The Bucharest stock exchange opened slightly up Thursday on still scarce liquidity. more

27 iun 2013

Romania’s leu opened roughly flat against the euro Thursday, at about 4.44 units, amid low volumes. more

27 iun 2013

The Executive Board of the International Monetary Fund (IMF) Wednesday completed the seventh and eighth reviews of a stand-by loan agreement with Romania and approved the letter of intent sent by the more

27 iun 2013

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26 iun 2013

Global City Business Park in Bucharest registers an occupancy rate of just 50%, despite offering lower rents than some of its competitors, mainly due to the financial crisis and the fact that it is more

26 iun 2013

The Bucharest stock exchange opened down Wednesday and the bourse’s liquidity was scarce on reduced transaction appetite from investors. more

26 iun 2013

Romania will lay off employees of ten ministries by eliminating 2,860 occupied positions, or 4% of total staff, and will wipe out vacancies in local and central administration, except vacant executive more

26 iun 2013

Romania’s leu strengthened farther against the euro Wednesday morning and traded at about 4.44 units. more