9 iul 2015

The Bucharest Stock Exchange (BVB) opened Thursday a call-center for the retail investors who can inquire on the capital market, as part of the bourse’s measures to increase the number of the more

8 iul 2015

Around 20,000 corporate employees in Pipera, northern capital city Bucharest, generate revenues of EUR20 to EUR25 million for restaurants in the area, according to an analysis of ZF. more

8 iul 2015

The shares of state-run gas producer Romgaz Medias (SNG.RO), state-owned power grid operator Transelectrica (TEL.RO) and power supply and distribution company Electrica (EL.RO) were traded Tuesday on more

8 iul 2015

Pompei Lupsan, vice-president of the Bucharest Stock Exchange (BVB), was named deputy general manager of investments management company Intercapital Investment Management. more

8 iul 2015

Rainer Seele, the new CEO of Austria’s OMV group, stepped in on Tuesday as president of the Supervisory Council of Romania’s only oil and gas producer Petrom (SNP.RO), replacing Gerhard Roiss. more

8 iul 2015

The electronic commerce in the B2B (business-to-business) sector is estimated at around EUR10 billion, while the previous estimates in 2014 that set e-commerce at EUR1.1 billion only envisaged the more

8 iul 2015

Molten steel producer Otelu Rosu, under the patrimony of Russia’s Invest Nikarom, will be put up for sale for EUR41.8 million, VAT excluded. more

7 iul 2015

The Bucharest Stock Exchange (BVB) will allow brokers to get a higher profit from the “market making“ services and will decrease fees for such transactions in order to help them grow the daily more

7 iul 2015

Financial Supervisory Authority (ASF), supervising and regulating insurances, the capital market and private pensions, posted revenue of 165.9 million lei from its basic activity in 2014, the more

7 iul 2015

Nuclear power producer Nuclearelectrica (SNN.RO) expects its 2015’s net profit to plunge 72%, hitting a three-year low, due to the small selling price of the electric power and high expenses with more

7 iul 2015

The Romanian shipping and logistic market currently faces an increasing trend, mirroring the European development, and its potential could even be higher should authorities solve infrastructure more

6 iul 2015

Romanian state-owned power producer Electrocentrale Grup aims to built a cogeneration plant nearby capital city Bucharest, even though the green energy projects market is frozen on various changes in more

6 iul 2015

An investment fund with assets of over $900 billion (nearly EUR810 billion) may buy a minority 25% stake in Polisano drug wholesaler, part of the Sibiu group of the same name, according to company’s more

6 iul 2015

Romanian insolvent hydropower producer Hidroelectrica will not be listed on the stock exchange while it is still under insolvency as the price would be too low, according to the Economy Minister more

6 iul 2015

Netop Tech Romania, the local unit of Danish software developer, eyes 40% higher revenue in 2015, to over EUR3,5 million, during its second year on providing software solutions on the market. more

3 iul 2015

Romanian banks granted new consumer loans worth RON1.5 billion in May, double from the same period a year before and a seven-year high, according to the aggregated data of the central bank. more

3 iul 2015

Italian group Intesa Sanpaolo named Stefano Borsari and Paolo Trifilleti as chief financial officer and chief lending officer, respectively, after the bank received the authorization from the Romanian more

3 iul 2015

Corrugated cardboard company Rondocarton, part of Austria’s group Rondo Ganahl, eyes revenues of EUR65 million in 2015, up 12% from a year before, according to a ZF survey based on company’s more

3 iul 2015

Dana Noujeim was named managing partner with executive search firm Alexander Hughes Romania, replacing Dana Patrichi. more

2 iul 2015

Marius Milea will be the new general manager of Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO), replacing Gehrig Schultz on this position for the past seven years. more

2 iul 2015

Alexandru Varlan will be the new general manager of Romanian oil and gas pipe maker Condmag Brasov (COMI.RO), replacing Claudiu Muresan. more

2 iul 2015

Romania’s largest lender BCR, a unit of Austria’s Erste Group Bank (EBS.RO) will become stockholder of bricks producer Cemacon (CEON.RO), through the conversion into shares of part of the more

2 iul 2015

Polisano drug wholesaler, part of the Sibiu group of the same name, invested EUR67 million in a medical drugs factory estimated to generate revenues of EUR40 to EUR60 million once reaching full more

1 iul 2015

Siniat Romania, a unit of Belgian industrial group Etex, completed the construction of its plasterboard factory in the southern city of Turceni, a EUR50 million greenfield investment. more

1 iul 2015

The Romanian Government increased the threshold for net lending to cover the payment requests within the European Union financed projects by 1 billion lei, to a total RON5 billion. more