10 ian 2013

The sons of Romanian entrepreneur Costel Casuneanu, Costel (29) and Ionut Casuneanu (26), owners of major construction firm Pa & Co International, will build an office tower in central Bucharest in more

10 ian 2013

Fund managers are optimistic and expect the Bucharest Stock Exchange to rise by 10-15% in 2013 amid an improvement in foreign investment sentiment over Romanian assets, as well as over more appeased more

9 ian 2013

Romania’s low-cost airline company Blue Air Wednesday said it annulled a $462.2 million order placed in 2008 for buying five Boeing 737 planes scheduled for delivery between 2015-2016, fueled by the more

9 ian 2013

Software producer Microsoft Romania Wednesday said it named Sorin Eftene, former general manager of Enterprise&Partner Group, as the company’s interim general manager instead of Ronald Binkofski. more

9 ian 2013

The Bucharest stock exchange closed higher Wednesday, touching an 8-month high and with lender Carpatica (BCC.RO) closing up 13% for the second day in a row. more

9 ian 2013

The Romanian Government Wednesday approved the ordinance stating local authorities may decide whether or not to increase local taxes in 2013. more

9 ian 2013

Romanian Association of International Drug Producers ARPIM named the head of pharmaceutical company Johnson&Johnson Romania, Efthymios (Makis) Papataxiarchis, as president in December, instead of more

9 ian 2013

The Romanian Government is set to adopt Wednesday the ordinance stating local authorities may decide whether or not to increase local taxes, Prime Minister Victor Ponta said, adding local more

8 ian 2013

The Bucharest stock exchange closed higher Tuesday, supported by banking stocks, with lender Banca Transilvania (TLV.RO) gaining lots of attention and Carpatica (BCC.RO) closing up 15%. more

8 ian 2013

Romanian Health Minister Eugen Nicolaescu said Tuesday the local hospitals system should only be restructured based on analyses and complex evaluations, as 75% of hospitals have been closed down on more

8 ian 2013

Dutch investment fund Palmer Capital Emerging Europe Equity, former MEI Roemenie&Bulgarije Fonds, sold its remaining stake of 7.5% in Romanian brick maker Cemacon (CEON.RO) on the Bucharest stock more

8 ian 2013

Romania’s liquefied petroleum gas Petrom LPG, bought by Crimbo Gas International from the country's largest oil company OMV Petrom (SNP.RO), changed its name into Gaspeco L&D. more

8 ian 2013

Francois Melchior de Polignac, the Frenchman who runs Carrefour Romania, says he is going ahead with expansion in 2013, keeping the past few years' pace. more

8 ian 2013

EuroAvi group of Romanian farmers, which owns 11 poultry farms, a slaughterhouse and sells chicken as “Pui de Baragan” (“Baragan Chicken, named after the southeastern region of Romania where it more

7 ian 2013

The Romanian leu gained ground in late trade Monday and ended at 4.41 units against the euro, in a market dominated by euro selling orders from foreign investors. more

7 ian 2013

The Bucharest stock exchange closed down Monday, after 13 consecutive sessions in green, which propelled the BET index to its highest level since July 2011. more

7 ian 2013

Romanian electricity and natural gas suppliers could take part in the international auctions of selling greenhouse gas emission certificates assigned to the state by the European Commission. more

31 dec 2012

The highest traffic volume in Romania, which will exceed an average of 16,000 vehicles per day in 2015, will mainly focus around the capital city - Bucharest-Pitesti, Bucharest-Urziceni, more

31 dec 2012

Three new hotels opened this year in Romania, following overall investments of more than EUR33 million over several years. more

31 dec 2012

Dragos Dinu, recruited by electronics, home appliances and computer retailer Domo for its board of directors, says he accepted the proposal he got from chief executive Lorand Szarvadi because he more

31 dec 2012

Hidroelectrica's insolvency was the most important item on the list of state-run energy sector "achievements" in 2012, while the major energy projects are yet to materialize as no one was interested more

31 dec 2012

Discount retail chains Lidl and Penny Market could reach sales of around EUR1 billion this year, after they opened 40 new stores in 2012 compared with cumulated turnovers of a little over EUR800 more

30 dec 2012

Romanian state-run freight rail company CFR Marfa may become profitable “by putting an end to thefts and through a good management,” Transport Minister Relu Fenechiu told a news conference Sunday. more

29 dec 2012

Only Ford Fiesta model of the top ten best selling cars of 2012 saw higher sales in the first eleven months of the year according to the statistics of the Automotive Manufacturers and Importers more

28 dec 2012

2012 was one of the most exciting years for the investors in the agribusiness sector, with the drought messing up all estimations from the start of the year, which were nevertheless counterbalanced by more