15 iul 2013

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15 iul 2013

Romania is a key country for GDF Suez and the group is not contemplating any asset sale in this market despite the EUR11 billion divestment program conducted to reduce debt, said Jean-Francois more

15 iul 2013

Kaufland, a retailer that operates 85 discount hypermarkets in Romania, has consolidated its market leader position and ended 2012 with revenues of 6.44 billion lei (EUR1.46 billion), up 15% in lei on more

15 iul 2013

Jidvei, one of the largest local winemakers, saw flat sales in the first half of 2013 compared with the same interval a year ago and its officials expect growth in the summer/fall season. more

14 iul 2013

The Romanian real estate market is almost opaque and needs more transparency to attract investors, Louis-Maxime Juhel, former administrator of French investment fund AEW Europe’s assets in Romania, more

14 iul 2013

Romania’s Government will notify anticorruption prosecutors of irregularities in awarding the contract for national healthcare cards by former National Health Insurance House (CNAS) president Lucian more

12 iul 2013

Romania’s government and Canadian company Gabriel Resources, are negotiating increasing the Romanian state’s stake in Rosia Montana Gold Corporation (RMGC) from 19.31% to a maximum of 25% and more

12 iul 2013

Insurer Asirom VIG will insure the fleet of Bucharest’s public transport authority RATB for 2.74 million (EUR0.62 million) and the mandatory car insurance (RCA) contract is valid for one year. more

12 iul 2013

Spanish fashion retailer Inditex registered sales of over EUR150 million in Romania in 2012, 30% higher on the year. more

12 iul 2013

The Romanian real estate consulting market had a hard time last year considering that most of the nine largest local realty consulting companies registered lower profit and turnover in 2012, while more

12 iul 2013

Costin Borc has been appointed chief executive officer of cement maker Lafarge Romania, replacing Sonia Artinian, who has been promoted within the group. more

12 iul 2013

Romania’s Transport Minister Relu Fenechiu has been sentenced to five years in prison by the High Court of Justice Friday for accessory to abuse of office. more

12 iul 2013

Marian Pantazescu has been appointed chairman of the Managing Board of state-owned postal operator Posta Romana, replacing Adrian Constantin Volintiru, who resigned for personal reasons, the company more

12 iul 2013

The car sales of Romanian carmaker Dacia, owned by French group Renault, increased 16.5% on the year to 211,400 units in the first half of 2013, thanks to the evolution registered by Duster, car more

12 iul 2013

Romania is among the top ten most desirable logistics locations in Europe in 2013 and 2018 and is the only country in Central and Eastern Europe included in the rankings, according to a survey more

12 iul 2013

Ten major brands dominate the whisky market put at EUR85 million last year, accounting for almost 90% of it, reveals a ZF analysis based on data provided by market research company IWSR. more

12 iul 2013

Brokerage firm Fairwind Securities, held by Romanian businessman Dinu Patriciu, has informed its clients it will withdraw from trading on the Bucharest bourse and from international bourses. The more

12 iul 2013

The Romanian car market is this year heading towards the volumes of the early 90s, when sales were dominated only by Dacia and imports were low, the purchasing power was affected by a very high more

11 iul 2013

Rompetrol Rafinare (RRC.RO), the refining arm of Romania’s second largest oil group Rompetrol, will take over the petrochemical activity of Rompetrol Petrochemicals, which it owns entirely. more

11 iul 2013

Lawyer Remus Borza has been appointed president of the Supervisory Board of Romanian state-owned hydropower producer Hidrolectrica. more

11 iul 2013

The Managing Board of Romanian vegetable oil producer Argus Constanta (UARG.RO) is seeking shareholders' approval to borrow 67.5 million lei (EUR15.2 million) to finance the company's activity. more

11 iul 2013

Royal Bank of Scotland (RBS) on Tuesday sold for EUR60 million about half of its stake in Romanian investment fund Fondul Proprietatea (FP.RO) held on behalf of investment management fund City of more

11 iul 2013

The Bucharest stock exchange closed up Thursday and brokers believe the increases the bourse registered over the past six sessions are irrelevant considering the low volume of traded shares. more

11 iul 2013

French retailer Cora will open a shopping center in Constanta on July 25, which hosts the retailer’s 11th hypermarket in Romania. more

11 iul 2013

Avon and Oriflame, the largest direct cosmetics sales companies in Romania, registered lower profit last year compared with 2011, according to Trade Registry data. more