25 ian 2013

Romania’s leu was slightly down against the euro in late trade Friday, helped by growing foreign currency demand from corporate clients, and closed around 4.365 units. more

25 ian 2013

The Bucharest stocks closed up 0.2% Friday, in an apathetic market, but the shares of state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) were down 15% for the second consecutive day after the more

25 ian 2013

US group Liberty Global increased the capital of its subsidiaries UPC Romania and Focus Sat with 581.2 million lei (EUR133 million) through debts reconversion, operation aimed to improve the two more

24 ian 2013

Romania can raise EUR9 billion to the budget if it sells the 300,000 hectares of arable land currently administered by the Agency For State Domains, according to one of the largest investors in more

24 ian 2013

Tymbark Maspex, the largest juice producer on the local market, took over some of the assembly lines and brands of Craiova-based bakery company Pan Group, sources close to the deal told ZF. more

24 ian 2013

Two years after the stock exchange listing, the shares of Romanian investment fund Fondul Proprietatea (FP.RO) are traded at below the first-day trading price and below the expectations of more

24 ian 2013

Market value of gas transmission company Transgaz (TGN.RO) dropped by EUR30 million in three days, after the government announced it would levy a tax on the monopolistic companies in the energy more

23 ian 2013

Romania will not levy a tax on financial transactions but will neither set against the initiative of the European Union’s countries that wish and support this tax, according to secretary of state more

23 ian 2013

The Romanian Government forecasts it will provide almost EUR1 billion for the construction of highways and national roads upgrade in 2013, both from foreign funds and the state budget. more

23 ian 2013

Romanian meteorologists have issued a yellow code warning expecting heavy snowfall and blizzards in the southern, eastern and northern parts of the country from Thursday, 6:00 p.m. local time, until more

23 ian 2013

D&B David şi Baias, the correspondent law firm of consultancy and audit company PwC Romania, has promoted Manuela Guia as partner. more

23 ian 2013

The Bucharest stock exchange closed higher Wednesday, after two days of decreases, with deal transactions of BRD Societe Generale (BRD.RO) and OMV Petrom (SNP.RO) shares ensuring amost half of the more

23 ian 2013

Romanian insurers who aim to become stockholders of mandatory home insurance companiy PAID will no longer be compelled to have an EUR250,000 minimum inflow to the company’s share capital, as the more

23 ian 2013

Italian group Policlinico di Monza, which owns 10 private hospitals in Italy, will invest another EUR20 million over the next two or three years in its cardiology hospital opened in Bucharest last more

23 ian 2013

Belladonna retail pharmacy network, held by two Romanian entrepreneurs, set out to open further 17 units in Bucharest in 2013, to a total of 100 pharmacies. more

22 ian 2013

Retailer Mega Image, part of Belgian group Delhaize, will open a new store Wednesday in Bucharest, and plans to two more openings by end-January, which will bring its Romanian network to 195 stores. more

22 ian 2013

The Bucharest stock exchange closed down Tuesday, with the shares of Transelectrica (TEL.RO) and Transgaz (TGN.RO) dropping almost 3% after the government announced intention to introduce a more

22 ian 2013

Sinovel Wind Group Co, China's largest wind turbine producer, aims to partner up with Romanian Faur plant, held by brothers Emil and Marius Cristescu, and start production in Bucharest. more

22 ian 2013

Poland’s Telbridge will enter the Romanian call-center market by opening an office in northern Bucharest this spring, according to Jones Lang LaSalle, the company’s representative in the more

22 ian 2013

Romanian insurer Allianz-Tiriac Asigurari Tuesday said it named Virgil Soncutean, former member of Allianz Group OPEX management, as the company’s sales and distribution head, instead of Ileana more

22 ian 2013

Users of Visa cards made 23.6% more transactions directly of the traders in Romania last year, accounting for 41% of all transactions, while the amount spent increased 23.5%, Visa Europe said Tuesday. more

22 ian 2013

Cristina Popescu, PR general manager at Romtelecom, one of the largest telecoms on the local market, has been recruited by Danone Romania, the leading dairy business in the country. more

22 ian 2013

Energy industry group Elcomex based in Constanta (SE Romania), owned by businessman Ion Grecu, will invest EUR30 million in an integrated agricultural business. more

22 ian 2013

Mihail Ion, chairman of management company Raiffeisen Asset Management, which manages assets of 3.6 billion lei (EUR830 million), expects interest rates on government securities to continue their more

21 ian 2013

The general manager of Complexul Energetic Oltenia, Laurentiu Ciurel, was named Monday the company’s private manager, with a four-year mandate. more