10 dec 2012

Businessman Ovidiu Buluc, majority owner of drug wholesaler Farmexim, says he will move the company’s operations to the new storage facility in Balotesti (north of Bucharest) at the end of 2013, and more

9 dec 2012

Romania’s center-left governing coalition won by a large margin the Sunday parliamentary elections, according to exit polls. more

9 dec 2012

Romanian meteorologists have extended by Monday a yellow code warning of snow, blizzard, rain and glazed frost in capital city Bucharest and 29 counties in eastern Romania. more

9 dec 2012

Almost 42% of registered voters placed their ballots by 21:00 local time (GMT1900) in Romania's Sunday parliamentary elections, according to the country's Central Electoral Bureau. more

4 dec 2012

Alfred C. Toepfer International, the second largest trader in agricultural products on the Romanian market, won a tender in Egypt to supply 60,000 tons of wheat worth EUR16 million. more

4 dec 2012

The Romanian housing market is still seeking a direction after more than four years of crisis and price declines, and it could return to growth provided new apartment projects are adjusted to the new more

3 dec 2012

The Romanian Government aims to extend by December 31, 2013 the right of electricity producers Electrica Moldova and Electrica Oltenia's employees to buy up to 10% of the stake in the two companies. more

3 dec 2012

The stockholders of Romanian leading bank group Banca Comerciala Romana (BCR) decided Monday to increase the bank’s share capital by 501 million lei (EUR110 million) and to amend its constitutive more

3 dec 2012

Romania’s lender BCR and BRD consider necessary the immediate amendment of the legislation regarding the covered bonds, which will ensure the banks the required liquidity to finance medium and more

3 dec 2012

The Bucharest stock market closed higher Monday, with the traded value lifted by transactions with the shares of Fondul Proprietatea (FP.RO) and investment fund SIF Transilvania (SIF3.RO), as well as more

3 dec 2012

Romania’s corporate bonds market issued by local entities may reach EUR1.5 billion in 2015, with a 1% share of the country's gross domestic product GDP, Claudiu Cercel, deputy general manager with more

3 dec 2012

Romania’s management authorities will be transferred under a single authority during 2014-2020, first of all under the coordination of a minister and then under regional control, Prime Minister more

30 nov 2012

Gabriel Comanescu, the owner of the Upetrom group, bets on production of green energy equipment at Upetrom 1 Mai and tries to consolidate the position of Grup Servicii Petroliere, the leading company more

29 nov 2012

The Bucharest stock market closed higher Thursday, with the traded value lifted by transactions with the shares of investment fund Fondul Proprietatea (FP.RO) and oil company OMV Petrom (SNP.RO). more

29 nov 2012

Franke Romania, the local unit of Swiss kitchen systems maker Franke Artemis, expects slightly lower sales in 2012, compared with 37 million lei (EUR8.22 million) a year before, on reduced appetite of more

29 nov 2012

Only 15% of the Romanian population has a personal life, accident, health or private pension insurance, compared with an average of 26% in the Central and Eastern Europe, a survey of research company more

29 nov 2012

The Bucharest stock market rose in early trade Thursday, and the bourse’s liquidity was higher than in recent sessions, amid deals with 10.5% of Carbochim (CBC.RO) shares and interest for the shares more

29 nov 2012

Austria’s CA Immo, which owns four office complexes in Bucharest with a lettable area of 104,000 square meters, has kept its buildings 99% occupied after renegotiating and extending contracts with more

29 nov 2012

The Romanian mutual fund market became a European performer with net inflows of EUR86 million in the third quarter, while mature markets such as France, Spain and Italy lost billions of euros. more

29 nov 2012

Businessman Dan Sucu, owner of the Mobexpert group, says he tries to manufacture the furniture and decorations he sells in his stores in Romania as much as possible and resort to imports only if more

28 nov 2012

Romania’s Health Ministry aims to speed up the acquisition and discount procedure of the drugs difficult to procure, secretary of state Alexandru Rafila said Wednesday. more

28 nov 2012

The Bucharest stock market closed down Wednesday, with the traded value lifted by deals with 0.4% stake in oil company OMV Petrom (SNP.RO). more

28 nov 2012

The European Commission decided Wednesday to resume the payments for Romania’s Sectorial Operational Programme-Environment, which had been blocked in July, the EC’s local unit said in a statement more

28 nov 2012

British investment fund Spearhead International, a very discreet player in the Romanian business world, has bought 3,000 ha of land in the southern Romanian county of Dolj, now owning a total of more

28 nov 2012

The members of the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) settled 3.2 billion lei (EUR710 million) general insurance claims in the first nine months, up 12% on the more