08.23.2011

The ten largest wind energy projects now operating in Romania have a total installed capacity of over 700 MW, matching that of a nuclear reactor at the Cernavoda power station. Investments in these more

08.17.2011

Romanian Prime Minister Emil Boc asked the ministers to prioritize investment projects that can be implemented quickly and that have a multiplier effect, in order for the gross domestic product to more

08.12.2011

The volatility of the global financial markets has contaminated people in the local business world. While academics call for more investments, businesspeople are afraid of more expensive lending and more

08.10.2011

Romania's Government on Wednesday decided to launch ten projects for investments into the water and environment management infrastructure, worth a total of more than 950 million lei (EUR223 million), more

08.09.2011

Galati county has become the star of the year in terms of the number of wind energy projects that have won network connection contracts. Vaslui, Botosani and Suceava also caught the interest of wind more

08.02.2011

Dragos Rosca, chief financial officer of investment company Gemisa Investments, says there has “undeniably” been a return in the interest of foreign investors for Romania, especially strategic more

07.30.2011

Romania's economic growth will continue this year and may even accelerate next year, but only through continued and "satisfactory" reforms, improved absorption of EU funds and solid investment plans, more

07.29.2011

Most Romanians who have left their fortunes in the hands of mutual fund managers prefer investments in shares and bonds, but gold is gaining more ground amid fears over the sovereign debt crisis in more

07.28.2011

Romanian chemical company Oltchim (OLT.RO) plans to take out loans worth a total EUR250 million, to fund investment and working capital, according to its shareholder meeting summoning announcement. more

07.27.2011

Turkey is the fourth largest foreign investor in Romania, with total businesses exceeding EUR1.5 billion, data from the Turkish Businessmen Association showed Wednesday. more

07.26.2011

Romania offers good business opportunities and its flat tax rate makes it an attractive destination for investors, the Foreign Investors Council said Tuesday. more

07.14.2011

German-held car part producer Preh Romania, a supplier for Volkswagen, Audi or BMW, has planned investments of EUR5.5 million for this year to expand production capacity and acquire new equipment. more

07.14.2011

Investment projects in spa tourism infrastructure currently underway in Romania amount to EUR30 million, Regional Development and Tourism Minister Elena Udrea told a news conference Thursday. more

07.14.2011

Cosmote, the third leading operator on the Romanian cellular telephony market, plans to develop a 3G mobile Internet network in the 900 MHz band, an investment that can reach several tens of million more

07.01.2011

The Dedeman network has gone from 12 to 24 stores over the past two years and a half in the wake of EUR150 million investments, the largest in domestic retail during the crisis. more

06.29.2011

Public investments have been dwindling for two and a half years, from the peak reached in 2008, 26.7 billion lei (EUR6.33 billion), with declines continuing into the first five months of this year, more

06.28.2011

Businessman Catalin Chelu has been the most dynamic investor on the bourse over the past year, being involved in some of the most important deals carried out on RASDAQ and on the main market of more

06.27.2011

Events in Greece, a country which European leaders are struggling to save from bankruptcy, are moving the leu/euro exchange rate quite strongly. more

06.21.2011

The management of Transgaz Medias (TGN.RO) admits that budget projections for 2011, which included a profit at one third of 2010 level and falling revenues, are not quite in line with reality. more

06.15.2011

CEZ Romania, the local unit of Czech utilities group CEZ, will invest EUR29.9 million in the rehabilitation of micro-hydropower plants bought last year from smelter TMK-Resita. more

06.06.2011

The inflows of foreign capital on the Romanian market that led to the recent appreciation of the leu are the result of some financial investments based on yield and risk assessments compared with more

06.02.2011

Romanian net investments fell 2.9% to 9.8 billion lei (EUR2.37 billion) in the first quarter from the year-earlier period, due to falling activity in most sectors, the country’s statistics institute more

05.25.2011

BCR Monetar (a money market fund), the biggest mutual fund on the Romanian market managed by Erste Asset Management, posted revenue of over 107,000 lei (EUR25,500) a day since the beginning of this more

05.20.2011

Romania will have 845 km of highway in a few years, compared to its current 313 km, following investments of EUR5.17 billion, Transport Minister Anca Boagiu said Friday. more

05.12.2011

Romania will modernize 16 train stations within a program worth a total EUR283 million, the Government decided Wednesday. more