17 sep 2013

Sales of smartphones have exceeded the sales of feature phones for the first time in Romania this month, Sorin Manea, head the telecom division of Samsung Electronics Romania, told ZF in an interview. more

16 sep 2013

Romanian liquidator Casa de Insolventa Transilvania (CITR), the court-appointed administrator of lead producer Romplumb Baia-Mare, is looking for investors to take over the plant or propose investment more

16 sep 2013

Romanian transport firm Luxorcomp, headquartered in Valcea county, has bought 25 Mercedes-Benz trucks for over EUR1.3 million, according to ZF estimates. more

16 sep 2013

Romania’s economy is among the most uncompetitive in the European Union and the country must adopt public policies and strategies to support economic development and increase competitiveness, the more

16 sep 2013

Thirty Romanian lawmakers have challenged a recently adopted bill on stray dogs at the Constitutional Court. more

16 sep 2013

The Bucharest stock market opened up Monday in calm trade with focus on few issuers. more

16 sep 2013

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16 sep 2013

Results registered by the Romanian state-owned airline Tarom are in line with those stated in the company’s management plan and passenger numbers rose 6% in August, according to Christian Heinzmann, more

16 sep 2013

Cel.ro, one of the largest online computer and electronics retailers posted growth of 30% in revenue in the first half, even though overall sales of such products only increased by a little more than more

16 sep 2013

Romanian power producer Complexul Energetic Oltenia (CE Oltenia) says the power it generates from coal could be cheaper than the electricity OMV Petrom (SNP.RO) and Romgaz generate from gas if the more

16 sep 2013

French group Renault, owner of Romanian carmaker Dacia, sold almost 185,000 cars on Dacia’s ten largest markets in the first eight months of 2013, up almost 5% on the year. They have a total market more

16 sep 2013

Foreign shareholders of banks, insurers and leasing companies added around EUR240 million to the capital of Romanian subsidiaries between in January and June 2013. more

16 sep 2013

Romaqua, one of the largest Romanian-held companies in the fast moving consumer goods sector, is giving the lead to borrowing in lei, after refinancing an about 500 million lei (EUR112 million) taken more

16 sep 2013

Leasing companies affiliated to banks have relied either on funding for vehicle or equipment purchases to keep their business going, as the first half rankings show. more

15 sep 2013

Romania’s national roads authority CNADNR will terminate a contract with firm Romstrade, which has failed to complete the construction of the country’s highest paved road Transalpina (2,145 m), more

15 sep 2013

Polish company Echo Investment has changed the design of shopping center Korona, which it will develop in Brasov starting next year, and plans to buy existing retail projects, considering that high more

15 sep 2013

Brick sales in rural Romania currently account for 60% to 70% of overall sales on this market segment, the reverse of the situation previous to the crisis, Liviu Stoleru, general manager of brick more

15 sep 2013

German dairy product maker Hochland has invested over EUR100 million in Romania since 1993, when it entered the local market, according to the company. more

13 sep 2013

Fitch Ratings Friday affirmed Romania’s long-term foreign currency default rating at BBB-, with stable outlook, as the country has consolidated its public finances successfully and reduced external more

13 sep 2013

SIF Transilvania (SIF3.RO) held its position as the most profitable Romanian investment fund in the first eight months of the year, with net profit of 214 million lei (EUR47.8 million). more

13 sep 2013

Romanians who obtain revenues from home rental will pay health insurance contributions of at most 611 lei (EUR136) per month in 2013, according to a bill drawn up by the Finance Ministry. more

13 sep 2013

The Bucharest stock market closed up Friday and investors were mainly interested in transactions with blue-chip stocks. more

13 sep 2013

Owners of restaurants with a floor of 150 square meters in central Bucharest will pay lump sum tax of 17,136 lei (EUR3,900) per year starting 2014, while shawarma eateries will contribute lump sum tax more

13 sep 2013

Retailer Auchan Romania will rebrand to Auchan the 20 Real hypermarkets it bought from German group Metro in less than a year. more

13 sep 2013

The financial results of the largest 50 companies in the Romanian construction, paint and do-it-yourself sectors registered revenues of EUR4.7 billion in 2012, steady on the year. more