6 dec 2013

Romania’s state-run lender EximBank will grant a credit line of 100 million lei (EUR22.4 million) to postal operator Posta Romana, which will use the money to cover a part of its debts from cash more

5 dec 2013

Workers, managers and former employees of Romanian state-owned hydropower producer Hidroelectrica will be able to buy up to l0% of the new shares issued by the company after an 18.74% capital increase more

5 dec 2013

Company Martifer Solar, part of Portuguese group Martifer, has finished the construction of two photovoltaic parks in Romania. more

5 dec 2013

The Bucharest stock exchange rose insignificantly Thursday and the shares of Transgaz (TGN.RO) fell 3% to 184.6 lei a unit (EUR) after investment fund Fondul Proprietatea (FP.RO) said Wednesday it more

5 dec 2013

Swedish fashion retailer H&M opened its 30th Romanian store in Galati Thursday, and the new 1,500-sqm unit is located in Galati Shopping City. more

5 dec 2013

About 64% of Romanians say they are stressed and price increases are the main cause of worry, according to a survey conducted by Daedalus Millward Brown. more

5 dec 2013

PepsiCo’s Vitarom Impex sold EUR1.8 million worth of Valea Izvoarelor natural mineral water bottled in PepsiCo’s plant in Covasna, central Romania, last year. more

5 dec 2013

Romanian sheep are in high demand and the country was the European Union’s leading exporter of sheep in the first nine months of the year. more

5 dec 2013

Romania’s largest oil and gas producer OMV Petrom (SNP.RO) is looking to award a EUR64 million contract for the replacement of two natural gas processing plants. more

4 dec 2013

Romanian investment fund Fondul Proprietatea (FP.RO) appointed Citigroup Global Markets, Raiffeisen Capital & Investment and Wood & Company as advisors to evaluate its strategic options to sell a part more

4 dec 2013

Owners of “.ro” domain names will pay a registration fee and an annual domain name renewal fee, whose value will be set by the Romanian Communications Ministry, according to a draft Government more

4 dec 2013

Romania’s Government Wednesday approved a bill whereby women born after December 1970 may retire at the age of 65, similar to men. more

4 dec 2013

Romania's national roads authority CNADNR awarded a contract worth 423.35 million lei (EUR94.7 million), VAT excluded, to a consortium of Tirrena Scavi and Societa Italiana Per Condotte D'Acqua to more

4 dec 2013

About 159,000 foreign tourists went cruising on the Romanian part of the Danube River this year and spent approximately EUR16 million, according to tour operators. more

4 dec 2013

Romania’s Parliament Wednesday adopted the draft laws on the state budget and social security budget for 2014. more

4 dec 2013

The Government wants to postpone the construction of the Pitesti-Sibiu highway, the most important infrastructure project for the local industry and exports, by almost ten years choosing to build a more

4 dec 2013

The construction sector estimated at EUR9 billion to EUR10 billion a year employs 350,000 people or 8% of the total employees in Romania but is unable to find a balance after the reduction of public more

3 dec 2013

Romanian President Traian Basescu plans to send back to parliament the 2014 state budget bill and will propose clear alternatives to raising excise duties on fuels, so the country will be able to meet more

3 dec 2013

Romania’s President Traian Basescu reconfirmed that he will not sign the country’s latest memorandum of understanding with the International Monetary Fund, Prime Minister Victor said Tuesday, more

3 dec 2013

Company Green Glass, part of Green Group, will open a glass recycling plant in southern Romania Thursday, following an investment worth EUR4 million. more

3 dec 2013

The Bucharest stock market closed flat Tuesday and the shares of investment fund Fondul Proprietatea (FP.RO) set a new price record. more

3 dec 2013

Romania has five companies in Deloitte Technology FAST 500 EMEA 2013, an annual ranking of the most dynamic technology companies in the Europe, Middle East and Africa (EMEA) region. more

3 dec 2013

Romania must observe the recommendations made by the European Council regarding structural reforms and fiscal measures, regardless of whether it signs the memorandum agreed with the International more

3 dec 2013

Romania is ranked 69th in the 2013 Transparency International corruption perception index, down three spots since last year, when it ranked 66th. more

3 dec 2013

For the first time in six years, companies in the automotive business no longer expect a rebound next year, so the 2014 target is flat sales, as all estimates so far turned out to be wrong. more