3 aug 2015

The local units of Italy’s Intesa Sanpaolo posted a net profit of EUR7 million (31 million lei) in the first half of 2015, significantly higher from EUR1 million during the same period a year more

3 aug 2015

Romanian distribution company Egea Orbico, with a portfolio made up of Disney, Pringles, Tchibo or United Colors of Benetton, posted sales of 45.6 million lei (EUR10.3 million) in 2014, up 28% from a more

3 aug 2015

Romanian real estate developer Impact Developer&Contractor (IMP.RO) will invest almost EUR3 million in the construction of eight dwellings in Greenfield residential compound. more

3 aug 2015

Swiss Capital ranked first among the most active brokers on the Bucharest Stock Exchange in January to July, with transactions up 81% on the month in July alone. more

31 iul 2015

Romania’s new staff ratio was at only 5.7% in 2014, indicating share of the persons employed at a current position for no more than 12 months among the total employees, according to the EU's more

31 iul 2015

Romania’s state-run gas producer Romgaz Medias (SNG.RO) will start the exploitation of a gas field in Slovakia in the last quarter of 2015, targeting a perimeter of which it holds a 25% stake and more

31 iul 2015

Enel Romania, the country’s largest private electricity distributor, posted revenue of EUR497 million in the first half of 2015, down 3,5% compared with the same period a year before, according to a more

31 iul 2015

The number of Romanian companies under insolvency decreased 56% in the first half of 2015, at 5,736 units, according to the data released by the National Trade Registry Office, ONRC. more

30 iul 2015

Romanian state-owned airline Tarom plans to completely renew its aircraft fleet and replace the current Airbus A310, A318 and ATRs with new airplanes from Airbus, Brazil’s Embraer or Boeing. more

30 iul 2015

Nicolae Bogdan Codrut Stanescu was named the new special administrator of Romanian insolvent hydropower producer Hidroelectrica, replacing Gabriel Dumitrascu. more

30 iul 2015

Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) forecasts revenue of 182.3 million lei (EUR41 million) in 2015, up 13% from a year before, on higher exports and sales on the domestic more

30 iul 2015

The interest in the acquisition of electric cars is rising among companies on the local market, which envisage setting up fleets of electric cars, while the market is blocked by the lack of a more

29 iul 2015

Romania’s small and medium sized companies, SMEs, became more interested in loans for investments so far in 2015, on the backdrop of an economic growth and the cut of interest margins, according to more

29 iul 2015

Romanian maritime port operator Socep Constanta (SOCP.RO) will invest EUR9.3 million in 2015, in buying cranes and a terminal-management software from Spanish Paceco, in an attempt to expand its more

29 iul 2015

Dan Weiler resigned from the position of member with Romanian enameled cookware manufacturer VES Sighisoara (VESY.RO) Supervisory Board at less than a year from its appointment. more

29 iul 2015

Greek toy retailer Jumbo posted sales of 80 million lei (nearly EUR18 million) of a the total local toy market estimated at RON880 million, accounting for a 10% market share acquired in only two years more

28 iul 2015

Austrian group Lasselsberger’s sales of ceramic tiles in Romania rose 9% by volume in the first half of 2015, on the backdrop of the revival of the real estate sector. more

28 iul 2015

Belgian corrugated fiberboard maker VPK Packaging posted revenue of EUR10 million in the first half of 2015, similar with the same period a year before. more

28 iul 2015

Romania’s lender Banca Feroviara, majority owned by businessman Valer Blidar, named Razvan Radulescu and Radu Petrea as chief operations officer and chief business officer, respectively. more

28 iul 2015

Garanti Bank head hunted Bogdan Neacsu as Chief Risk Officer (CRO), replacing Emil Vonvea, who returned to the central bank, according to sources on the market. more

28 iul 2015

Romania’s International Airport Avram Iancu in Cluj-Napoca will develop upgrade works worth EUR131 million, VAT excluded, in a new cargo terminal and track by 2030, according to the Master Plan more

27 iul 2015

KMG International, formerly Rompetrol group, which majority owns Rompetrol Rafinare (RRC.RO), posted revenue of $5.5 billion (21.9 billion lei) in the first half of 2015, down 18% compared with $6.7 more

27 iul 2015

Daewoo Mangalia Heavy Industries, or DMHI, the largest ship builder in Romania, may be closed down on record high losses worth $2.5 billion posted by its majority stockholder, Korean group Daewoo more

27 iul 2015

The higher sales and visitors of Romania’s retailers in AFI shopping malls on the local market during the first half of 2015 is a sign of economic revival, according to David Hay, CEO with the more

27 iul 2015

Romania’s leading oil and gas producer OMV Petrom (SNP.RO), controlled by Austrian group OMV, is expected to post a net profit of almost 500 million lei in the second quarter of 2015, up 15% from more