14 nov 2013

Romanian state-run freight railway operator CFR Marfa reduced loss by 20.8% in the first nine months of 2013 to 135.3 million lei (EUR30.3 million). more

14 nov 2013

Romania and the International Monetary Fund agreed to give local authorities a free hand to increase taxes on property paid by individuals as much as they feel necessary. more

14 nov 2013

Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) Thursday said its profit fell 33% on the year to 4.47 million lei (EUR1 million) in the first nine months of 2013. more

14 nov 2013

The Romanian retail market is becoming more and more attractive to investors and about 40% of retailers interested in Central and Eastern Europe (CEE) are looking at Romania, according to Colliers. more

14 nov 2013

French group Renault, owner of carmaker Dacia, appointed Nicolas Maure as general manager of Dacia and Renault Romania, replacing Jérôme Olive, who was named industrial manager for the group’s more

14 nov 2013

Retailers hosted by shopping center Shopping City Ploiesti, which was opened in November 2012, registered sales of over EUR25 million over the past year, the mall said in a press release Thursday. more

14 nov 2013

Corporate energy consumers say their energy bills have fallen by around 5% to 10% since the beginning of the year, while the price of energy traded through bilateral contracts on energy exchange OPCOM more

14 nov 2013

Grain traders exported 736,000 tons of Romanian wheat in August alone, which means they shipped 9.6% of the current harvest abroad. more

13 nov 2013

Romanian realty developer Impact Developer&Contractor (IMP.RO) Wednesday said its loss rose 25% on the year to 20.4 million lei (EUR4.6 million) in the first nine months of 2013. more

13 nov 2013

Romanian hotel-operator THR Marea Neagra (EFO.RO) registered net profit of 2.8 million lei (EUR0.644 million) in the first nine months of 2013, down 24% from RON3.7 million in the similar interval a more

13 nov 2013

Romanian aluminum processor Alumil Rom Industry (ALU.RO) Wednesday said its net profit fell to RON1 million (EUR0.231 million) in the first nine months of 2013, from RON2.4 million in the similar more

13 nov 2013

Romanian carmaker Dacia’s SUV, the Duster, was the fourth best-selling car model in Russia in the first ten months of the year, according to data released Wednesday by the Association of European more

13 nov 2013

The profit of Romanian glass container producer Stirom Bucharest (STIB.RO) halved to 4.8 million lei (about EUR1.1 million) in the first nine months of 2013, from RON9.6 million in the similar more

13 nov 2013

Romanian car parts maker UAMT Oradea (UAM.RO) Wednesday reported four times higher net profit for the first nine months of 2013, of 7.5 million lei (EUR1.68 million), from RON1.8 million in the more

13 nov 2013

Romanian vegetable oil producer Argus Constanta (UARG.RO) reduced loss to 0.575 million lei (EUR0.128 million) in the first nine months of 2013, from RON15.5 million in the similar interval a year more

13 nov 2013

Romanian metal and alloy maker Laminorul Braila (LMRU.RO) reduced loss 2.3 times in the first nine months of 2013 to 26.8 million lei (EUR6 million), from RON63.5 million in the similar interval a more

13 nov 2013

The shares of OMV Petrom (SNP.RO) closed 5.59% lower Wednesday, at 0.4511 lei (EUR0.1) per unit following rumors that an investor plans to sell a 0.81% stake in the oil company, and caused the more

13 nov 2013

The Magheru Boulevard in Bucharest is ranked 55th in a Cushman&Wakefield chart of the most expensive 64 boulevards in the world, with an average annual rent of EUR600 per square meter (or more

13 nov 2013

RCI Leasing Romania will supply 35 commercial vehicles to state-run postal company Posta Romana for EUR480,286, VAT included. more

13 nov 2013

The number of temporary workers has doubled in Romania over the past two years to some 52,000 people, according to a survey conducted by the Romanian Association of Temporary Work Agencies, or ARAMT. more

13 nov 2013

One in five Romanians believes the current economic context is favorable to starting a business and over 10% of respondents plan to start their own business in the upcoming year, according to a survey more

13 nov 2013

Romanian Minister for Budget Liviu Voinea says 127 major investment projects worth a total of 148 billion lei (EUR33.2 million) will to be included in the state budget for 2014, which will be more

13 nov 2013

Belgian-held supermarket chain Mega Image, which has 210 stores in Bucharest covering 60,000 square meters of space, has become the biggest tenant on the ground floor of apartment buildings, a more

13 nov 2013

Cement producer Holcim Romania, the local subsidiary of Swiss group Holcim, will return to profit this year after last year it posted losses for the first time in more than a decade, of around EUR8.5 more

13 nov 2013

A freight truck needs 18 hours to cross Romania from south to north and Bucharest remains disconnected from Europe in terms of infrastructure, says Stefano Arganese, chief executive officer of DHL more