12.27.2013

Greek businessman Ioannis Papalekas, one of the most active real estate investors and developers in Romania, has obtained all permits needed to develop an office building in Bucharest. more

12.20.2013

E. On Gaz Distributie, a Romanian unit of German utility E.ON, has invested nearly 175 million lei (EUR39.1 million) this year in Romania’s northern region, where it operates. more

12.19.2013

Agriculture, IT and outsourcing will become the main fields of interests for foreign investors in Romania in 2014, according to outsourcing & advisory company Accace. more

12.10.2013

The Romanian Government has extended until June 2013 the validity of two government decisions, allowing private-sector companies to access state aid worth almost EUR440 million. more

12.10.2013

Laurentiu Lupusor, general manager of construction materials producer Baumit Romania, says the reduction of public investments in 2013 affected the construction industry, but also brought more

12.03.2013

Romanian net investment fell 10% to 17.82 billion lei (EUR4.01 billion) in the third quarter from the year-earlier period, on declining activity in most sectors, the country’s statistics institute more

11.28.2013

Investments made in Romania in 2010-2012 by the 350 companies part of the American Chamber of Commerce in Romania - AmCham total EUR1.2 billion and account for 24% of all foreign direct investment in more

11.26.2013

Romania's current account balance will post a surplus next year, fueled by agrifood exports to China starting January 1, 2014, Minister-delegate for Budget Liviu Voinea said Tuesday. more

11.26.2013

Romania’s minister-delegate for Energy Constantin Nita said Tuesday that Chinese investors have pledged total financing worth EUR5 billion for local energy projects. more

11.25.2013

Keep away from government bonds because countries’ debt levels are increasingly unsustainable and allocate as much as your portfolio as possible to European and US shares with high dividend yields, more

11.21.2013

Israeli-owned real estate developer Tagor will start the construction of a residential compound in Timisoara (western Romania), its third project on the local market. more

11.10.2013

Real estate developer Benevo, controlled by Canadian businessman Michael Topolinski, said it wants to start the construction of shopping center Victoria City in capital city Bucharest in the first more

11.08.2013

No new public hospital has been built in Romania’s capital city Bucharest after the fall of communism in December 1989, but this year works have started on a new Foisor hospital and are ongoing on more

11.06.2013

German auto group Continental’s investments in its tire plant in Timisoara (western Romania) will be kept in 2013 at last year’s level of nearly EUR29 million. more

10.31.2013

Romanian state-owned electricity producer Complexul Energetic Hunedoara will invest EUR60 million in developing coal mines in Jiu Valley, in order to become profitable in two years at most, an Economy more

10.29.2013

Belgian real estate developer Belrom plans to invest nearly EUR3 million in expanding Botosani Shopping Center (northeastern Romania) by 5,000 square meters and an additional 500 parking lots. more

10.22.2013

Telecom operators invest EUR400-EUR500 million annually in Romania and half of the amount goes to active telecom equipment, Florin Petolea, head of Alcatel-Lucent Romania, said Tuesday at ZF Digital more

10.22.2013

Telecom operators will continue to invest tens of millions of euros in 2014 to extend network coverage and increase data transfer speed, representatives of Orange, Vodafone, UPC Romania, Romtelecom more

10.21.2013

Germany, the third largest foreign investor in Romania’ economy, with more than EUR6 billion pumped locally over the past twenty years, neither brought any of its major banks to Romania nor built a more

10.16.2013

Metallic tile producer Coilprofil, part of Belgium’s Coilprofil group, estimates a 12% to 15% increase in sales in 2013, up to nearly EUR10 million. more

10.16.2013

Kaufland, the largest food retailer on the Romanian market, plans to open seven to nine stores and targets investments of EUR50 million up to EUR90 million in 2014. more

10.08.2013

Italian company Immobiliare Grande Distribuzione (IGD) has earmarked nearly EUR5 million for investments in modernizing and extending the rentable area of shopping center chain Winmarkt Romania this more

09.30.2013

Romanian businessman George Copos plans to invest EUR5.4 million in his tourism business in 2014. more

09.27.2013

Greek businessman Ioannis Papalekas, one of the most active real estate investors and developers in Romania, has reached an agreement with a European financial institution to get financing for the more

09.27.2013

Romania’s Government will approve a list of priority projects in the next three or four weeks, including several multiannual infrastructure projects, minister-delegate for the state budget Liviu more