31 aug 2015

Jacobs Douwe Egberts, resulted from the merger of Mondelez and D.E. Master Blenders’ coffee units, named Anda Drilea as HR head for Central and Eastern Europe CEE. more

31 aug 2015

Polish investment fund En¬ter¬prise Investors mulls buying a stake in Romanian toys manufacturer and retailer Noriel from investment fund Axxess Capital, according to market sources. more

31 aug 2015

The two Romanian subsidiaries of Austrian-held group Uniqa posted losses of EUR2.7 million in the first semester, lower compared with EUR3.7 million losses during the same period a year before, more

28 aug 2015

Romanian oil drilling company Foraj Sonde Videle (FOJE.RO) will start buying back 10% of own shares for maximum 2.6 million lei, to further distribute them to stockholders. more

28 aug 2015

Parcel delivery service company DPD Romania, owned by French group GeoPost, had a turnover of 37 million lei in the first semester, up 24% on the year, driven mainly by attracting new clients and by a more

28 aug 2015

Betty Ice, the largest local ice-cream producer made in Suceava (northern Romania) and launched more than two decades ago, accounts for sales of almost 10%, at 8 to 10 million lei, in Bucharest more

28 aug 2015

Romania’s largest dairy business Albalact (ALBZ.RO) partnered up with Kandia Dulce, the largest chocolate producer on the local market, in a cross brand action to launch cacao-flavored and Rum taste more

28 aug 2015

Johann Pleininger, 53, the former exploration and production, E&P, head of Romania’s largest public company OMV Petrom (SNP.RO) between 2007 and 2013, will step in E&P head with Austria’s OMV more

27 aug 2015

The computer monitors sales of the Romanian subsidiary of Acer went up 13% in the first semester compared with the same period a year before, at 10,000 units, the company targeting a 10% market share more

27 aug 2015

PayPoint Romania, the local unit of British specialist payments company PayPoint, operates a network of over 9,272 units, fivefold higher from 2008, the year it entered the local market. more

27 aug 2015

La Fantana, a bottled water wholesaler, launched the Green coffee and coffee milk brands available in Romania and Serbia, one year from the takeover of Lavazza coffee brand on the local market. La more

27 aug 2015

The shares of Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) gained 48% since their transfer on the Bucharest Stock Exchange’s main market July 17 and until now. more

27 aug 2015

Zara, H&M and C&A, three of the most powerful fashion brands worldwide, account for over 10% of the local children garment retail sector, assigning large sale areas to the children products though not more

26 aug 2015

Companies in the central city of Brasov posted total revenue of 37 billion lei in 2014, or 3% of the economy, turning the city into a regional economic hub, according to ZF analysis based on a survey more

26 aug 2015

Raiffeisen Bank has come to an agreement to take over Germany’s Schwabisch Hall’s 33.3% stake in Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL). more

26 aug 2015

Regional investment fund SIF Banat-Crisana (SIF1.RO) bought a 16.8% stake in Romanian pharmaceutical producer Biofarm (BIO.RO) for 51,000 lei, on the Bucharest Stock Exchange’s August 24 session, more

26 aug 2015

Jon Garrison steeped down as financial head of cable TV and telecom operator UPC Romania and joined US group Liberty Global, the company’s owner, sources on the market told ZF. more

25 aug 2015

Petromidia refinery, Romania’s largest oil processing unit majority owned by Kazakh state-run oil and gas company KazMunayGas, will enter scheduled one-month overhaul as of September 22. more

25 aug 2015

Low-priced clothing and footwear store chain Miniprix expects its sales are down 20% in 2015, similar with a year before, on the backdrop of giving up various partnerships with the distributor of more

25 aug 2015

UniCredit Leasing financed assets of EUR162 million (nearly 720 million lei) in the first semester, similar with 2008, namely before the burst of the financial crisis that meant a downfall of the more

25 aug 2015

Romanians spent around 7 billion lei (nearly EUR1.6 billion) on garments and shoes in 2014, while in 2015, the garments and shoes market is expected to grow 4.5%, at the highest pace since 2008, more

24 aug 2015

Germany real estate asset management company GLL Real Estate Partners, which owns Charles de Gaulle Plaza in Bucharest, a landmark among the business centers in Romania’s capital city, is one step more

24 aug 2015

Sugar processor Agrana Romania (BETA.RO), owned by Austria’s group Agrana Zucker, will increase its share capital by 72.2 million lei by issuing 722.7 million new shares in exchange of cash inflow more

24 aug 2015

Romania’s largest dairy business Alba¬lact (ALBZ.RO) aims to restructure the cheese portfolio and increase the marketed volumes in order to turn its Campulug Moldovenesc factory Raraul on profit. more

24 aug 2015

Carmen Dumitrache, the human resources head with Swedish-held Medicover group, the third leading private medical service provider in Romania, was named July 15 as HR business partner with GSC more