06.27.2017

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06.27.2017

Miroslav Majoros, Chief Executive Officer of Telekom Romania, one of the largest players on the Romanian telecom market, said the local business environment needs stability of the political more

06.19.2017

Romania has a tremendous growth potential, offers good opportunities, is a core market for Austria’s Raiffeisen banking group and is one of the three countries where it wants to grow more than the more

06.15.2017

Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be fooled by the weather outside, says Sergiu Manea, chief more

05.26.2017

Romania is one of the best and most dynamic markets in the region for low-cost airline Wizz Air, the local market leader, which will continue to expand its operations on the Bucharest airport and on more

03.14.2017

The former Romtelecom witnessed its toughest restructuring move, when more than 20,000 people were laid off, as well as its highest growth on the TV and fixed Internet segments during the terms of more

03.09.2017

People who borrowed money to buy a home under government-guaranteed mortgage lending First Home program are more vulnerable to a potential interest hike in the future compared with those who took more

02.17.2017

ArcelorMittal Galati, the largest steel mill in Romania, last year kept production at 2 million tons a year, the same as in the previous two years and its chief executive hopes to be able to do the more

02.16.2017

Stephane Batoux, the French executive who took the reins of Albalact, the largest local dairy producer, in 2014, will leave the company at the end of March. more

02.07.2017

The number of smartphone users in Romania will go up by several million over the next two years, and reach 80% of the total mobile telephony services customers from the current 60%. This will in turn more

12.22.2016

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12.13.2016

Automobile Dacia, the largest company in Romania by revenue, telecom operators Orange and Telekom, Metro Cash & Carry, Hungarian-held oil group MOL, all of them with more than one billion euro more

10.10.2016

Orange’s strategic goal for Romania is expansion from mobile telephony, a segment it has dominated for more than 12 years, to the new segment of fixed-mobile communications packages, which is rising more

09.27.2016

Household appliance maker Arctic, part of Turkish group Arcelik, named a new CEO, Nihat Bayız, who will replace Hasan Ali Yardimci, promoted as Beko USA president after a two-year mandate. more

09.22.2016

French executive Philippe Lhotte, who took the reins of BRD-SocGen in the fall of 2012 and is now preparing to turn the bank over to new the chief executive announced François Bloch, expects to see more

09.20.2016

The Executive Board of Romanian electricity distribution and supply company Electrica (EL.RO), one of the most valuable companies majority owned by the state, has appointed Dan Catalin Stancu as its more

08.31.2016

eMag, the largest online retailer in Romania, which posted 1.95 billion lei (EUR438 million) revenue last year, its operations in Bulgaria, Hungary and Poland included, may reach the ‘unicorn’ more

08.24.2016

Real estate developer Impact, run by businessman Gheorghe Iaciu, has appointed Polish Bartosz Puzdrowski as Chief Executive Officer, effective September 1, for a three-year term. more

08.23.2016

Alin Tapalaga, the Romanian executive who had run Porsche Colombia, the importer of the VW group brands in the South American country, for five years, last month was put in charge of starting Porsche more

08.11.2016

Robert Redeleanu, who became chief executive officer of the cable TV company UPC Romania in July 2015, will also take the reins of the Hungarian subsidiary of UPC’s owner US-held Liberty Global and more

07.14.2016

German group Metro appointed Roland Ruffing as the new Chief Executive Officer of Metro Romania, replacing Gilles Roudy who left after two years and a half of mandate. more

07.05.2016

Oscar Downstream, a company selling diesel oil to commercial customers, announces new development strategy and plans to expand into fuel retail, a market of 2,000 gas stations and annual sales of more

07.01.2016

Polish private equity fund Enterprise Investors, who has recently completed the acquisition of toy retailer Noriel, has appointed a new Chief Executive Officer at Noriel, namely, Marek Maciejko. more

06.08.2016

French executive Gilles Roudy, who has an over 35-year experience in the retail business, is leaving his position at the helm of Metro Cash&Carry two and a half years after taking it. more

06.07.2016

Four in five CEOs in Romanian companies focus on long-term profitability rather than short-term gains, according to the Romanian edition of the PwC Global CEO Survey 2016. more