06.12.2014

Private equity fund Abris Capital Partners, which already acquired Romanian courier services providers Urgent Curier and Cargus, might invest over EUR100 million in Romania, of the EUR450 million more

06.12.2014

Romania currently has all the ingredients to attract more investors, but the foreign capital flow will not face an important growth sooner than in two years, according to Mihai Pop, E&Y manager. more

06.10.2014

Liberty Global has invested so far over EUR1 billion in the telecom network of cable television operator UPC Romania, and plans to enter the mobile telephony market, Betzalel Kenigsztein, UPC Central more

06.10.2014

Romanian spa resorts risk having their investments halted, which would lead to degradation in the following years, unless the state intervenes with incentives such as tax exemptions, officials of the more

06.06.2014

Investments of private equity funds in Romania grew in 2013 for the first time in the last four years, seeing a 2.5-fold increase from 2012, to over EUR70 million, according to the European Private more

06.06.2014

Romanian deputy prime minister Liviu Dragnea Friday said that the legislation on public acquisitions should be clarified and simplified as investments are currently delayed, adding that they should more

06.04.2014

The new head of retailer Auchan România, Frédéric Bellon, estimates a growth in sales this year, after a minor increase in the first months of the year compared with the same period of 2013. more

06.04.2014

Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) invested EUR8 million since the beginning of the year in the expansion and upgrade of its dairy plant, of which EUR3 million went into new packaging more

06.04.2014

Romanian net investments fell 7.4% to 11.23 billion lei (EUR2.55 billion) in the first quarter of 2014 from the year-earlier period, held back by falling activity in constructions and fewer more

06.03.2014

Romanian steel roof tile maker BILKA Steel, owned by businessman Horatiu Tepes, put into operation a new production line at the end of April, part of an investment program of EUR5 million carried out more

06.02.2014

Telecom operators Romtelecom and Cosmote could postpone part of their planned EUR170 million investments this year because of the newly introduced special construction tax, the value of which is more

06.02.2014

Romania’s insolvent state-run hydropower generator Hidroelectrica will launch an international auction for technological upgrades at the Stejaru hydropower plant in Neamt county (northeastern more

05.20.2014

US IT company Oracle plans to expand its business outside Bucharest, as it will continue investments in Romania, that will require more office spaces, the company’s president Safra Catz told a news more

05.20.2014

Romanian lender Banca Transilvania invested in the last five years nearly EUR50 million in technology, out of which EUR20 million in the new core-banking system, while the bank’s market share rose more

05.19.2014

Private mandatory pension funds (pillar II) held investments of 2.3 billion lei in stock of companies listed on the bourse at the end of March, double the volume posted in the same period of last more

05.13.2014

Romania faces one of the highest declines in employment levels in Central and Eastern Europe, has the least skilled personnel and is in dire need of new investments and new jobs, said Dan Bucsa, an more

05.08.2014

Anchor Grup, which developed the first shopping mall on the Romanian market, has set off the remodeling and repositioning of shopping center Plaza Romania which is expected to be occupied at least 95% more

05.08.2014

Romanian state-run drug-maker Antibiotice Iasi (ATB.RO wants to build new production facilities to develop its product portfolio and estimates it will invest EUR40 million over the next six years, more

05.08.2014

Petrom, Romania’s only oil and gas producer, is set to step up exploration activities on the medium and long term after the company has focused, since privatization, on deposits already under more

05.04.2014

Economy Minister Constantin Nita said Saturday that procedures for the setting up of a joint venture between Romania’s energy holding Complexul Energetic Oltenia and China’s Huadian Corporation more

04.29.2014

Romanian state-run hydropower producer Hidroelectrica has scheduled investments worth 377 million lei (EUR85 million) for this year, mainly in upgrade works and “historical” projects, the more

04.24.2014

Globalworth Real Estate Investments, founded and owned by Greek businessman Ioannis Papalekas, one of the most active realty investors in Romania, raised EUR144 million on the London Stock Exchange, more

04.16.2014

Romania ranks third in Central and Eastern Europe (CEE), after Poland and Russia, regarding the value of real estate transactions which saw tremendous growth in the first quarter of 2014, to EUR303 more

04.15.2014

Romania should absorb EUR2.9 billion in EU funds this year for investments in agriculture, EUR200 million more than in 2013, Agriculture Minister Daniel Constantin said Tuesday at a conference more

04.15.2014

IT services provider Accenture Romania, the former Evoline company acquired in late 2013 by US giant Accenture, targets investments of EUR3-4 million in 2014, mainly to relocate the office in more