20 dec 2012

Green power producers got more than EUR260 million via the support scheme of the Romanian government in the first eleven months, according to the data published by national grid company Transelectrica more

20 dec 2012

Romanian state-owned drug producer Antibiotice Iasi (ATB.RO) will hit its sales and profit targets this year, says general manager Ioan Nani, while 2013’s sales should follow the trend of the more

19 dec 2012

Romanian Liberal Party leader Crin Antonescu has been elected Senate chairman on Wednesday, with 136 votes "pro” and 9 "cons," while the new Standing Bureau was validated by the Senate plenum. more

19 dec 2012

Romania’s Chamber of Deputies Validation Commission validated Wednesday the mandates of 410 deputies and postponed the validation of Petre Roman and Andrei Condurateanu, said the Commission’s more

19 dec 2012

The Romanian Government envisages an economic growth forecast of around 2% of the gross domestic product GDP in 2013, Premier Victor Ponta said Wednesday. more

19 dec 2012

The Bucharest stock market closed higher Wednesday, for the seventh day in a row, while the bourse’s liquidity was lifted by the share trades of Erste Group Bank (EBS.RO) and two deals with more

19 dec 2012

Hotel Cismigiu in Romanian capital city Bucharest was reopened Wednesday after 17 years of being closed down, following a EUR15 million investment made by Spanish developer Hercesa. more

19 dec 2012

Private medical service operator Gral Medical could see revenues at EUR19 million in 2013, while the investment budget stands at EUR5 million. more

18 dec 2012

The surveillance Council of Raiffeisen Bank Romania named Mircea Busuioceanu, Chief Risk Officer and Bogdan Popa, Chief Financial Officer, as members of the Board of Directors, the bank’s president more

18 dec 2012

Romanian meteorologists have issued a yellow code warning expecting heavy snowfall and blizzards in the capital city Bucharest as well as 13 counties in the southern and eastern parts of the country more

18 dec 2012

The Bucharest stock exchange inched up in early trade Tuesday, amid average liquidity lifted by the shares of Erste Bank AG (EBS.RO). more

18 dec 2012

The Romanian leu was stable in early trade Tuesday, trading at around 4.47 against the euro, in a quiet market and amid low traded volumes. more

18 dec 2012

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, plans to open at least 45 stores next year, bringing its Romanian network to almost 200 units. more

18 dec 2012

Prime Minister Victor Ponta said Tuesday the new government will be made of 24 ministers, including ministers-delegate and a vice-premier. more

18 dec 2012

Construction group Mota-Engil, which started operations in Romania in 2007 and worked on such projects as Nusco Tower, Doamna Ghica Plaza and Pipera-Tunari overpass has decided to leave this market. more

17 dec 2012

IT software developer Siveco Romania and National Bank of Moldova Monday announced the expansion of the computerized system for bank reporting, by developing over 50 new types of reports with more

17 dec 2012

The Bucharest stock exchange closed higher Monday, while trades with shares of BRD Societe-Generale (BRD.RO) and Fondul Proprietatea (FP.RO) ensured almost half of the bourse’s liquidity. more

14 dec 2012

The Romanian Government will continue the “First Home” program in 2013, with additional guarantees of EUR200 million that should last by midyear, according to a decision draft published on Finance more

14 dec 2012

Romanian state-owned postal company Posta Romana will be privatized through a share capital hike, and the future investor will hold a 51% stake in the company instead of a previously agreed 20%, more

14 dec 2012

The Bucharest stock market opened slightly down Friday, amid low traded values, with the shares of Artego Targu Jiu (ARTE.RO) boosting almost 12%. more

14 dec 2012

The most often used expression at the Meet the CEO event whose guest was Henk Paardekooper, head of RBS Romania, was “to be rebuilt” and various synonyms thereof – reinventing careers, more

14 dec 2012

Volvo Group will integrate the sales and service networks of Volvo Trucks and Renault Trucks in Romania, considering the fact that at international level Renault Trucks is a division on Volvo Group more

14 dec 2012

Winemaker Domeniile Coroanei Segarcea wants to position itself on the upper segment of the market, because its 300 hectares of vineyard does not allow it to compete on equal footing with winemakers more

13 dec 2012

The Romanian Government will send the European Commission EC, on Friday and Monday, two series of discount requests for the Operational Program for Human Resource Development (POSDRU), the payment more

13 dec 2012

The Bucharest stock market closed undecided Thursday, amid low traded values after two days of increases, being mostly ensured by share transactions. more