11 iul 2013

Electricity and natural gas supplier Transenergo Com registered net profit of 10.3 million lei (EUR2.3 million) last year, double from RON4.7 million in 2011. more

11 iul 2013

Romania’s Transport Ministry said Thursday it appointed a new Managing Board at Bucharest’s subway operator Metrorex. more

11 iul 2013

Romanian building materials producer AdePlast, controlled by businessman Marcel Barbut, said Thursday it registered 31% higher turnover in the first half of 2013, of about 100 million lei (EUR22.6 more

11 iul 2013

Romania will apply royalties for all is natural resources starting next year and will raise them to average royalty rates in the European Union, Prime Minister Victor Ponta said Thursday. more

11 iul 2013

Negotiations regarding the Rosia Montana gold mining project will be completed by September and works will start if the Parliament approves the bill the Government will put forward, Romanian Prime more

11 iul 2013

CBRE Romania, the local subsidiary of commercial real estate services company CBRE, appointed Laura Dumea-Bencze as head of its research department, a position she also filled two years ago. more

11 iul 2013

South-African investment fund New Europe Property Investments (NEP.RO) said Thursday it has acted lawfully in relation to the purchase of Shopping Center Sibiu’s debts, adding that the company has more

11 iul 2013

Giant IBM, the world’s largest provider of IT services, has accelerated its expansion on the Romanian market by fully renting two office buildings in Bucharest. more

11 iul 2013

A Romanian eats 16 ice cream cones (1.6 liters) a year, almost four times less than a German and five times less than a Scandinavian, according to Unilever, which sells Algida and Napoca ice cream more

11 iul 2013

Romania exported 57 million pairs of shoes worth $1.4 billion in 2011, which puts it on the 14th position among world’s largest footwear exporters. more

11 iul 2013

Non-prescription drugs (OTC) have gained ground in the past few years, acting as a refuge for pharmaceutical companies looking for cash and shorter payment deadlines. more

10 iul 2013

Transactions with derivatives on the forex market will be brokered only by brokerage firms licensed by Romania’s Financial Supervisory Authority (ASF) or similar authorities in other countries, more

10 iul 2013

Romanian rolling stock repair company Electroputere VFU Pascani (RMAR.RO), former Remarul Pascani, registered turnover of 31.8 million lei (EUR7.2 million) in the first quarter of 2013, 3.6 times more

10 iul 2013

Romania’s natural gas transporter Transgaz (TGN.RO) expects net profit of 271.9 million lei (EUR61.3 million) in 2013, down 17.4% from RON329.3 million last year. more

10 iul 2013

The shareholders of Romanian state-owned natural gas transporter Transgaz (TGN.RO) Tuesday appointed a new Executive Board, the company said in a statement Wednesday. more

10 iul 2013

Romanian oil and natural gas company OMV Petrom (SNP.RO) sold its 99.99% stake in natural gas distributor Petrom Distributie Gaze to Ligatne, controlled by a firm registered in Cyprus. more

10 iul 2013

Romania’s government has raised annual fees for mining activities, including prospecting, exploration and exploitation, by 28%. more

10 iul 2013

The Bucharest stock exchange closed up Wednesday in a quiet market where Fondul Proprietatea (FP.RO), OMV Petrom (SNP.RO) and BRD (BRD.RO) were the most sought-after shares. more

10 iul 2013

Romanian carmaker Dacia, owned by French group Renault, exports over 90% of its car production and has shipped to other countries over 2 million cars since 2005 through its logistics center in more

10 iul 2013

Slovenian pharmaceutical group Krka expects its sales in Romania will increase in 2013, as the company will launch over 10 new products by the end of the year. more

10 iul 2013

PVC profiles maker Gealan Romania expects 10% higher turnover in 2013, of EUR31 million, from EUR28.2 million last year. more

10 iul 2013

Mandatory and voluntary private pension funds in Romania registered average annual yields of 11.4% and 9.4%, respectively, over the past five years and their assets reached 12.2 billion lei (EUR2.75 more

10 iul 2013

Six scrap metal processors operated by German group Scholz in Romania registered combined turnover of around EUR423 million in 2012, from around EUR438 million in the previous year, reveals a ZF more

10 iul 2013

Lasselsberger, the owner of ceramic wall and floor tile brand Cesarom, says it will manufacture about one million square meters of porcelain tiles in its Cluj-Napoca plant by the end of 2013. more

10 iul 2013

Srdjan Kovacevic, the Serb entrepreneur who opened the way for the luxury market in Romania and who brought brands such as Max Mara, Ermenegildo Zegna and Emporio Armani to Bucharest’s main shopping more