08.04.2016

Garanti Bank maintains its forecast on Romania’s economic growth at 3.7% in 2016 and estimates a similar evolution for 2017, according to the bank’s macroeconomic report for the second quarter of more

08.03.2016

Parcel delivery service company DPD Romania, owned by French group GeoPost, posted a 26% higher turnover, at EUR47 million, in the first six months of 2016, while its deliveries volume rose 35% on the more

07.29.2016

Romania's seasonally adjusted unemployment rate stood at 6.4% in June, down 0.2 percentage points compared with the previous month, the country's statistics board said Friday. more

07.28.2016

Austrian-held real estate developer Immofinanz reported losses of EUR390 million in financial year 2015-2016, due to the 18% drop in rental income to EUR314.5 million, the company said in a statement. more

07.26.2016

The macroeconomic confidence index of the Chartered Financial Analysts Association – Romania (CFA Romania) fell by 7.3 points to 58.5 points in June, due to a drop in both current conditions index more

07.26.2016

Telecom operator Orange Romania ended the first half of 2016 with cumulative revenue of EUR475.9 million, up 4.9% on the year, due to an increase in the number of subscriptions and in mobile data more

07.25.2016

Romania's general consolidated budget posted a deficit of RON3.85 billion in January-June, or 0.5% of the gross domestic product, compared with a budget deficit target of 1.9% for the first six months more

07.25.2016

Romanian Prime Minister Dacian Ciolos said Monday that the events in the European Union, such as terror attacks and Brexit, can impact the Romanian economy, and the level of incertitude depends on the more

07.24.2016

US computer giant Dell plans to continue its investments and expansion in Romania, according to Anja Monrad, head of Dell’s operations in Central and Eastern Europe. more

07.22.2016

The European Commission decided to refer Romania, Greece and Luxembourg to the Court of Justice of the EU for failing to transpose into national law Directive 2012/34/EU establishing a single European more

07.21.2016

Romania registers an average delay of 8.5 months in transposing EU directives into national laws, representing a slight increase from 8.1 months in the previous report, but still above the EU average, more

07.19.2016

Austrian group Grawe, which owns insurance company Grawe Romania, increased the insurer’s share capital from RON28.5 million to RON40 million (EUR9 million). more

07.18.2016

June 2016 was the best month of the last six years by the sales of new vehicles, the representatives of Romanian Automotive Manufacturers and Importers Association (APIA) said Monday. more

07.15.2016

The European Investment Bank (EIB) is lending EUR360 million to Romania to finance the national contribution to growth-oriented investments during the 2014-2020 EU programming period under Operational more

07.14.2016

One third of small and medium-sized enterprises say the evolution of the Romanian economic environment is cumbering development, while less than 14% of the companies consider that the evolution of the 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

07.13.2016

The number of insolvencies decreased last year in 9 of 13 countries in the Central and Eastern Europe region and the GDP-weighted regional insolvency average was -14%, according to a Coface study. more

07.03.2016

Romania is a stable and very good market for CA Immo, placing among the best in the region, as seen in the last five years which constantly brought an occupancy rate of over 97%, said Marian Roman, more

06.28.2016

Romania currently faces an unprecedented window of opportunity, as interest rates are close to zero, freight prices halved compared with the previous years, the budget deficit is close to zero, and more

06.28.2016

On the long term, Europe should redefine itself as it has lost an important part of the economic power, the geopolitical one, it lost an important partner by Great Britain’s decision to leave the more

06.28.2016

Romania will not be facing major challenges, but rather opportunities, on the medium and long term, after Britain's decision to quit the European Union, Omer Tetik, Chief Executive Officer of Banca more

06.28.2016

Romania has the opportunity to attract foreign investors after Britain's decision to quit the European Union, Steven van Groningen, Chief Executive Officer of Raiffeisen Bank Romania, said Tuesday. more

06.27.2016

Imports and exports between Romania and Great Britain don’t have an important weight at the moment, UK is not one of Romania’s consistent commercial partners, while the local banking system has no more

06.27.2016

Orange Romania, the leader of the local mobile telephony market, has extended its fourth generation (4G) telecom network on the routes linking capital Bucharest with Constanta and Brasov cities. more

06.24.2016

Romania posted solid economic results, providing additional comfort and confidence in a low impact of Brexit on the local economy, Finance Ministry said in a statement on Friday. more