12.08.2011

The progress of Banca Comerciala Carpatica (BCC.RO), controlled by Sibiu-based businessman Ilie Carabulea, will depend over the next year on how much the lender will consolidate by attracting a more

12.07.2011

Romanian private healthcare provider MedLife on Wednesday launched an orthopedics and trauma hospital in Bucharest, following an investment of EUR8.5 million. more

12.07.2011

The Michelin group, one of the leading tire manufacturers worldwide, plans to expand production to Eastern Europe, which would serve the European market, through a new investment in a plant in the more

12.06.2011

Romania’s Transport Ministry will finalize about 90 kilometers of highway in 2012 and 550 km of the fourth pan-European transport corridor should be open to traffic in 2013, Transport Minister Anca more

12.01.2011

Who are the 12 people who handle EUR7.78 billion worth of assets? more

11.29.2011

Power company Enel Romania on Tuesday announced it has completed construction of a command center for the Muntenia region (southeast Romania) within a EUR90 million investment program that includes more

11.24.2011

Bucharest has the biggest malls in the country, the tallest office buildings, luxury hotels and famous parks like Herastrau and Cismigiu (north and center of the city). more

11.23.2011

Romanian airline Carpatair might invest EUR15 million in a hangar in Timisoara, to provide maintenance for its aircraft and those of other companies, and which could be operational in about four more

11.23.2011

SAP Romania launched Wednesday an IT consultancy center for the clients of German group SAP in Europe, the Middle East and Africa, and it plans an investment of EUR30-40 million in the unit. more

11.22.2011

Japanese giant Sumitomo plans to increase the storage capacity of recently acquired Romanian company Alcedo, by building new silos, as well as to build a granulated products unit, which would produce more

11.21.2011

Romania’s mobile telephony market still has potential for growth and Orange will invest EUR600 million by 2015 to keep up with rising demand for products and services such as smartphones and mobile more

11.17.2011

French group Filasa on Thursday launched a EUR780 million investment project in northeastern Romania, targeting the construction of 12 wind farms. more

11.17.2011

Oil pipe maker Tenaris on Thursday announced it plans to invest $150 million in Romania between 2011 and 2013, mainly in the construction of two new production units. more

11.16.2011

Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) plans to invest up to EUR22 million in a new thermal power unit, the company said in a statement Wednesday. more

11.15.2011

Romanian beer maker Bergenbier, part of the StarBev group, has launched a thermal power production unit at the Ploiesti plant, following an investment of EUR200,000 aimed at reducing natural gas more

11.15.2011

UK medicine maker GlaxoSmithKline (GSK) on Tuesday announced it has completed a $7 million investment in two production lines at the plant it owns in central Romanian city of Brasov.. more

11.15.2011

The Romanian government will provide over EUR10 billion through a support scheme for green energy projects, but has no certainty that this money, which will be paid through individuals’ and more

11.09.2011

Romanian open-end investment funds reported cumulated net assets of 6.89 billion lei (EUR1.58 billion) in October, down 1.4% on the month, while foreign investment funds distributed on the local more

11.08.2011

Linking wind farms to the national power grid requires an investment of more than EUR500 million, and state-owned Transelectrica (TEL.RO), the grid’s operator, lacks the funds, which means some of more

11.07.2011

Carrying out public investments, reforming the healthcare system and reducing arrears are the Romanian authorities' main challenges, said IMF mission chief Jeffrey Franks on Monday. more

11.03.2011

Romania's Ministry of Communications will select a consultant, who in December will begin looking for a strategic investor to take over a stake of up to 33% in the national postal company Posta more

11.03.2011

DEGI Titan, owned by Aberdeen Immobilien, has invested EUR10 million over the past 10 months in upgrades at Bucharest’s Iris Titan Shopping Center. more

11.03.2011

Czech utilities company CEZ, which entered Romania in 2005 when it bought Electrica Oltenia from the government and earmarked EUR1.1 billion to build Europe’s largest wind farm in Dobrogea (SE more

11.02.2011

Several hundred companies are for sale on the Romanian market, most of them SMEs, but the number of done-deals is extremely low compared with the 2007-2008 period, when investment funds and investors more

10.31.2011

ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, Monday said it has resumed operations at its fifth blast furnace, which was shut down for relining and modernization more