4 oct 2013

Romania is attractive to German investors because the local market is one of the largest in the region and has a tradition in engineering, energy reserves, arable land, beautiful tourist destinations more

3 oct 2013

Grup Feroviar Roman (GFR), which has won an auction to buy a 51% stake in Romanian state-owned railway freight carrier CFR Marfa, Thursday transferred 90.4 million lei (about EUR20 million) in an more

3 oct 2013

Romania’s government wants to cancel out a part of penalties owed by U.S. carmaker Ford, which failed to observe car production clauses included in a privatization contract with the state, after the more

3 oct 2013

Romania’s energy market regulator ANRE is calling on the Government to reduce support granted to a quarter of cogeneration plants, arguing that the aid they receive is too high, people close to the more

3 oct 2013

Israeli company AFI Europe Thursday inaugurated in Ploiesti, southern Romania, its second shopping center on the local market, following an investment worth over EUR50 million. more

3 oct 2013

Romanian electronics retailer Flanco Thursday opened a 1,000-square meter store in shopping center AFI Palace Ploiesti, in an investment worth EUR0.6 million, and expanded its network to 79 units. more

3 oct 2013

Romania will extract more gold than all European countries taken together if the gold mining project in Rosia Montana (W) is pushed on with, Dragos Tanase, the general manger of the Rosia Montana Gold more

3 oct 2013

Lowering termination rates starting January 1, 2014 will reduce telecom operators’ annual revenues by EUR200 million, which will affect infrastructure investments, especially in the 4G network, more

3 oct 2013

Rosia Montana Gold Corporation (RMGC) has so far invested $30 million in the national patrimony in Rosia Montana and will allot extra $70 million for patrimony research in the area, RMGC general more

3 oct 2013

Romania has lost about 10% of its fuel demand in five years of crisis (2008-2012), one of the most serious declines in Europe out of nine members countries analyzed by ZF based on Euromonitor, CBRE more

3 oct 2013

Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the more

3 oct 2013

The battle on the EUR370 million salty snack market is no longer fought among traditional brands as was the case until a few years ago but also between major brands and private labels developed by more

3 oct 2013

Stefan Poienaru, owner of major farming group Agrofam, has given up his online store selling meat and dairy products two years after launching it and now plans to focus exclusively on the production more

2 oct 2013

Romanian carmaker Dacia’s new car registrations in Germany fell 18.7% in September to 2,691 units and the overall German car market shrank 1.2% to 247,199 units, German car registration office KBA more

2 oct 2013

The Romanian advertising market will fall 3.6% in 2013 and the only segment to register an increase is Internet advertising, according to the latest report by Zenith Optimedia - Advertising more

2 oct 2013

Romania’s Government said Wednesday it has approved a new Insolvency Code. more

2 oct 2013

Beef exports of Romanian meat processor Doly-Com Botosani accounted for about 40% of the company’s total turnover at the end of September, up from 30% in 2012. more

2 oct 2013

The Bucharest stock exchange closed up Wednesday in quiet market and amid low liquidity, secured mainly by Fondul Proprietatea (FP.RO), Transelectrica (TEL.RO) and BRD (BRD.RO). more

2 oct 2013

Romania’s energy market regulator ANRE capped at 8.5% from 10% the rate of return (ROR) on investments made by electricity distributors and may increase it by 0.5 percentage points if distributors more

2 oct 2013

Romania’s Government Wednesday approved a bill to apply a lump-sum tax in the hospitality industry and the auto services sector starting 2014. more

2 oct 2013

A Spanish-held company is developing a block of flats in central Bucharest, in an investment worth EUR2 million, real estate firm G3 Imobiliare, the promoter of the project, said in a statement more

2 oct 2013

Three consortia filed bids to advise on the sale of Romania’s state-run energy holding CE Hunedoara, the country’s Department for Energy, the majority shareholder of the company, said Wednesday. more

2 oct 2013

The three- and six-month ROBOR rates, the indicators of the money market used as a reference when setting prices for leu loan contracts, have plunged to all time lows of less than 4% this year. This more

2 oct 2013

Bookstore chain Diverta has closed down 36 units since becoming insolvent in 2010 and is now left with 26 stores. more

1 oct 2013

Greek fashion retailer Sprider Stores Tuesday closed its store network in Romania after its local subsidiary went bankrupt in July. more