15 iun 2015

The Bucharest Stock Exchange (BVB) Monday launched a new feature through which investors can see the most active brokers in the market by number of trades executed in a day with shares on the main more

15 iun 2015

Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) eyes higher revenues over the next years, fueled by an extended budget of the Defense Ministry and larger orders from more

15 iun 2015

The agriculture and industry sectors registered a positive lending demand in April compared with the same period a year ago, while financing to construction sector fell 8%, according to data of the more

15 iun 2015

The local do-it-yourself market (retail without distribution) was worth a total of RON9.7 billion (nearly EUR2.2 billion) in 2014, up 2.9% from a year before, according to estimation of Poland’s more

15 iun 2015

OTP Bank Romania, part of Hungarian group OTP, will analyze in October the integration process of Millennium bank, bought mid-2014, according to OTP general manager Laszlo Diosi. more

14 iun 2015

The Romanian government should sell the 15% stake in state-owned power producer Hidroelectrica for EUR500 million, or the initial public offering on the Bucharest Bourse is canceled, according to more

14 iun 2015

Investments of private equity funds in Romania grew 11% in 2014, at EUR78 million, according to the European Private Equity and Venture Capital Association (EVCA). more

13 iun 2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) forecasts 15% higher revenues in 2015, at RON125 million, as it expects the low oil prices to boost trades of crude oil and gas through more

12 iun 2015

SOCAR Romania, part of Azeri oil group SOCAR, posted revenues of 746.3 million lei (EUR170.3 million) in 2014, up 28% from a year before, mainly due to the expansion of its gas stations network, more

11 iun 2015

Romania exported 47.000 tons of copper ore in 2014, worth EUR35 million, while imports of copper increased 17%, to EUR530 million, as the country lacks processing capacities, according to data from more

11 iun 2015

Cyprus-registered investment fund RC2 Limited resumed transactions with shares of Romanian dairy manufacturer Albalact (ALBZ.RO), after the transfer to the main market of the Bucharest stock exchange, more

11 iun 2015

Macromex, one of the largest distributors of fast moving consumer goods on the Romanian market, aims to become the leader of the EUR170 million ice-cream market by 2018. more

11 iun 2015

Aramis Invest, the largest furniture producer in Romania, registered 4% higher sales in 2014, at 567 million lei (nearly EUR128 million), compared with RON547 million a year ago. more

11 iun 2015

Defense contractor Romarm, the main Romanian producer and direct exporter of military products, is seeing high demand for infantry ammunition and weapons, largely from the Middle East, according to more

11 iun 2015

Romania spent RON14 billion (nearly EUR3.5 billion) for 570 kilometers of new highways over the last 25 years, mostly financed by the European Union, according to Business Construct magazine. more

10 iun 2015

Romanian food company Lactag (LACT.RO), which owns two factories and a 35-convenience store network, aims to gather up to EUR5 million through a public offering on the Bucharest stock exchange over more

10 iun 2015

Romanian power supply and distribution company Electrica (EL.RO) will seek its stockholders' approval for an investment budget of 860 million lei (EUR194 million) in 2015, after the first draft was more

10 iun 2015

Mediplus and Sensiblu, the main units of A&D Pharma, the largest group in Romania’s pharmaceutical industry, posted lower sales in 2014, but the cumulated profit of the two companies totaled RON52 more

10 iun 2015

Carlos Pallares is the new general manager of the Romanian unit of Spanish construction group FCC Construccion, involved in projects such as Bucharest-based Basarab passage or Arad-Timisoara highway, more

9 iun 2015

Zara, one of the seven brands Spanish giant Inditex operates on the Romanian market, posted sales of almost 412 million lei (EUR92.8 million) on the local market last year, up 9% from 2013, according more

9 iun 2015

German-held retailer Kaufland reported sales revenue of 8 billion lei (EUR1.8 billion) in 2014, up 10% from a year before, the slowest pace of growth since the group's entry on the Romanian market, more

9 iun 2015

Daewoo Mangalia Heavy Industries, or DMHI, the largest ship builder in Romania, posted a record high loss of 700 million lei (EUR157.6 million) in 2014, seven-fold higher from a year before, according more

9 iun 2015

Swedish retailer IKEA, which operates a single store in Romanian capital city Bucharest, switched to profit in 2014, for the first time since its direct entry on the local market in 2010. IKEA Romania more

8 iun 2015

Constructions materials producer Den Braven Romania, the local unit of Dutch group Den Braven, exports over half of its production, said Dan Miculescu, head of the company’s local operations. more

8 iun 2015

Romania is a very productive and interesting market, with a very good growth potential, according to Werner Richter, general manager with Bosch Rexroth, the automotive technology plant recently opened more