21 nov 2012

The general manager of Romanian state-run power grid operator Transelectrica (TEL.RO), Andrei-Gabriel Benghea-Malaies, was named president of the Board of Directors or chief executive officer CEO, more

21 nov 2012

The Bucharest stock market closed flat Wednesday, while the share transactions touched a 3-week low, at RON8.1 million lei (EUR1.8 million). more

21 nov 2012

Romanian fuel distributor Rompetrol Downstream, the retail unit of the Rompetrol group, on Wednesday said it renewed the range of premium products by launching the EfixS gas and diesel oil range as of more

21 nov 2012

Businessman Ovidiu Sandor, developer of City Business Center project in the western Romanian town of Timisoara, completed the fourth building of the business park, in a EUR10 million investment more

21 nov 2012

Gheorghe Boeru, the entrepreneur behind Romair Consulting, one of the leading consultancy companies in European Union’s funds, posts a turnover of EUR6-8 million a year on a “market” where more

20 nov 2012

Over 30 local entrepreneurs were awarded as "champions" in business in 2012, during the 5th edition of the annual project "Business Champions," a partnership between Ziarul Financiar and investment more

20 nov 2012

The Romanian Government will approve in Tuesday session the ordinance on the acquisition of medical equipment and drugs by the Health Ministry. more

20 nov 2012

The Bucharest stock exchange was gaining around 0.19% in early trade Tuesday, amid low liquidity. more

20 nov 2012

The Romanian leu stayed at around 4.5350 against the euro in early trade Tuesday, with investors showing a low appetite for trading. more

20 nov 2012

The year 2012 will be the best of the last 22 years in terms of new investments in electricity generation facilities, with projects of about 2,200 MW, three times the capacity of a nuclear reactor of more

19 nov 2012

The shareholders of Romania’s monetary and commodities exchange Sibex elected Monday four members of the Managing Board, including the former general manager of the Bucharest Bourse Valentin more

19 nov 2012

The Bucharest stock market closed up Monday, while the overall traded value remained low, with half of the liquidity ensured by transactions with a 3% stake in pharmaceutical company Ropharma more

19 nov 2012

Representatives of Romania’s Businesspeople Association AOAR asked the government to ensure financing for over 8,000 European Union-funded projects under development, as the European Commission more

19 nov 2012

Only nuts and sugar used in manufacturing Heidi chocolate come from Romanian producers, representing only 13% of the ingredients, while the rest of the raw materials are imported in large quantities, more

16 nov 2012

Premier Victor Ponta replaced Friday Marius Lucian Obreja from the position of president of the Romanian Privatization Authority AVAS with Adrian Volintiru, former manager with Rompetrol, Relad and more

16 nov 2012

President Traian Basescu said Friday evening "it’s time" to resume gold or copper surface mining exploitation in order to create new job opportunities. more

16 nov 2012

President Traian Basescu said Friday the Romanian Government’s decision re-allowing the institutions and public authorities to purchase cars of up to EUR18,000 threshold is "one of the uninspired more

16 nov 2012

Money has been sucked out of Hidroelectrica through 500 overvalued commercial contracts, and the company’s ten contracts for selling electricity were only the tip of the iceberg. more

16 nov 2012

Romania’s largest online retailer eMag can afford the “luxury” of thinking long-term and preparing its moves more carefully, after the deal closed this summer, chief executive Iulian Stanciu more

16 nov 2012

The mergers & acquisitions market has seen about 40 deals worth approximately one billion euros so far this year, with the three most important deals amounting to EUR350 million, according to the data more

16 nov 2012

Francisc Peli, founding partner of law firm PeliFilip and one of the most respected lawyers on the real estate segment, says management activities currently occupy 80% of his time. more

15 nov 2012

Romania’s insolvent power producer Hidroelectrica Thursday sold 101.6 million lei (EUR22.4 million) worth of electricity on the local market OPCOM, energy exchange data showed. more

15 nov 2012

The stockholders of Romanian state-run power grid operator Transelectrica (TEL.RO) chose Thursday a new provisory Surveillance Council CS, which includes the former minister delegate for Business more

15 nov 2012

Romania’s UniCredit Leasing estimates it will grant financing worth EUR220 million in 2012, up 17% from a year before, and forecasts a 10% growth for 2013, the company’s chief executive officer more

15 nov 2012

Shopping center Cocor Bucuresti (COCR.RO) reported a loss of 10.5 million lei (EUR2.31 million) in the first nine months, double from RON5 million during the similar period of 2011. more