26 nov 2013

The Bucharest stock market opened down 0.2% Tuesday and the bourse’s liquidity, of only 2.6 million lei (EUR0.6 million), was secured by gas producer Romgaz (SGN.RO) and Fondul Proprietatea (FP.RO). more

26 nov 2013

Four-star hotel Pullman Bucharest (former Sofitel) will be put up for sale in January for EUR20 million to cover a part of the debts registered by its owner, insolvent World Trade Center Bucharest more

25 nov 2013

The Bucharest stock exchange closed up 0.3% Monday and investors focused mainly on energy stocks and investment fund Fondul Proprietatea (FP.RO). more

25 nov 2013

Romania signed several agreements with China Monday, settling the resumption of cattle and pig exports to the Asian country and ensuring cooperation in several energy projects. more

25 nov 2013

Online retailer eMag.ro registered sales of EUR23 million during its early Black Friday discount sales campaign, Dante International, owner of eMag, said Monday. more

25 nov 2013

Italian FRO-Airliquide Welding on Monday purchased Broadhurst Investments’ 11.71% stake in Romanian industrial wires producer Ductil Buzau (DUCL.RO) for 23.5 million lei (EUR5.3 million), exchange more

25 nov 2013

The Romanian leu was steady against the euro Monday morning and traded slightly below 4.45 units on low volumes. more

25 nov 2013

The Bucharest stock exchange opened down 0.2% Monday and the bourse’s liquidity was mainly secured by transfers with the shares of oil company OMV Petrom (SNP.RO) and gas producer Romgaz (SNG.RO). more

25 nov 2013

Real estate consulting company Jones Lang LaSalle (JLL) has recently launched warehousefinder.ro, a website designed for companies that are looking for industrial and logistic spaces. more

22 nov 2013

The Bucharest stock exchange opened slightly up Friday and the bourse’s liquidity, of EUR1.5 million (EUR0.35 million), was almost entirely secured by five issuers. more

22 nov 2013

Romanian online retailer eMAG sold two Ford Focus, a Ford Kuga and a Dacia Logan in the first minutes of its early Black Friday discount sales campaign. more

22 nov 2013

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22 nov 2013

eMag, the largest IT&C retailer in Romania, which last year generated sales of EUR165 million, will be the command center of South African Naspers group’s expansion to other European markets on the more

22 nov 2013

Chinese investors, who will attend an economic forum in Bucharest next Tuesday, alongside Chinese Prime Minister Li Keqiang, have announced their intention to buy 3 million pigs, 3 million sheep and more

21 nov 2013

Tour operators will start the Black Friday sales campaign this Friday and will offer discounts of up to 50% for vacation packages in Romania and abroad. more

21 nov 2013

South-African investment fund New Europe Property Investments (NEPI) will inaugurste a mall in Galati, southeastern Romania, Thursday expanding its local shopping center portfolio to 200,000 square more

21 nov 2013

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21 nov 2013

Romania will most likely adopt the euro in 2021, with the timeframe for joining the euro zone moving further into the future as living standards and work productivity gaps need to be bridged. Analysts more

21 nov 2013

Newly-elected Chinese Prime Minister Li Keqiang will come to Bucharest next week to attend an economic forum, and Romanian energy projects worth EUR5 billion are ready for signing. The Prime Minister more

21 nov 2013

The labor market showed signs of a rebound in the first nine months of the year, as the number of employees went up, but Romanian employees will have to wait a while before they can see some real wage more

21 nov 2013

The slow development of infrastructure and the lack of highways on key routes are forcing carriers and logistics companies to invest in expanding storage facilities throughout the country to be able more

20 nov 2013

Rompetrol Moldova, part of Romania’s second largest oil group Rompetrol, has recently opened two new gas stations in the Republic of Moldova and expanded its Moldovan network to 59 units. more

20 nov 2013

Residential compound Militari Residence in Bucharest, developed by Romanian entrepreneurs, will be expanded by 14 more apartment blocks to be delivered in the first quarter of 2014. more

20 nov 2013

Romania’s insurance market stood at 6.1 billion lei (EUR1.37 billion) in the first nine months of 2013, steady on the year, while damages paid by insurers fell 2.44% to RON3.69 billion, according to more

20 nov 2013

Retailers in shopping center AFI Palace Cotroceni (Bucharest) registered sales of EUR145 million in the first nine months of 2013, up 5.3% on the year. more