7 iun 2011

Telecom operator Vodafone Romania named Mihai Ghyka as chief commercial officer of the Consumer Business Unit, replacing Karsten Wildberger, who was appointed to a new position within the Vodafone more

7 iun 2011

Calin Dragan, 44, who has been general manager of Coca-Cola HBC Romania and Moldova, will become operations manager for Coca-Cola in Japan, starting July. more

7 iun 2011

Romanian businessmen Sebastian Ghita and Iulian Stanciu contracted two loans worth a total EUR4 million from BRD-Groupe Societe Generale and UniCredit Tiriac Bank, to capitalize electronics retailer more

7 iun 2011

Russian steel group Mechel on Tuesday announced it has completed investment worth a total $48.7 million in upgrades at its plant in Otelu Rosu, southwest Romania. more

7 iun 2011

The Romanian leu opened unnoticeably stronger against the euro Tuesday, but weakened later, out of sync with other currencies in the region, as foreign players focused on buying euro. more

7 iun 2011

The Bucharest bourse opened Tuesday with an upward tendency, while chemical company Oltchim (OLT.RO) continued to soar and other top-gainers included Rompetrol Rafinare (RRC.RO) and Rompetrol Well more

7 iun 2011

The Communications Ministry agrees with a proposition by Hellenic Telecommunications Organization, or OTE, for a merger between telecom operators Romtelecom and Cosmote Romania, majority owned by the more

7 iun 2011

The adjusted construction output fell 3.7% on the year in April, on decreases in all sectors, the country's statistics institute said Tuesday. more

7 iun 2011

The 57 hectares of land that accommodate Bucharest’s old town can be valued at around EUR1 billion, based on the average price of EUR1,500 to 2,000 per square meter in the area, but the number of more

6 iun 2011

Italian lender UniCredit is not planning any changes in the shareholding structure at UniCredit Tiriac Bank, where Romanian businessman Ion Tiriac holds 45%, UniCredit general manager Roberto Nicastro more

6 iun 2011

Azeri state-owned oil company Socar bought 14 gas stations in northeast Romania and it intends to further expand its local network, Trend news agency reported Monday, citing the company's chief more

6 iun 2011

Romanian electricity and natural gas transporters may request financing from the state for infrastructure upgrades, between June 13 and July 15, under a program with a total budget of 242.9 million more

6 iun 2011

The Bucharest bourse closed up Monday, after hovering around par throughout the session and rallying in late-trade, with chemical company Oltchim (OLT.RO) and oil company Rompetrol Rafinare (RRC.RO) more

6 iun 2011

Romanian electricity producer Electrocentrale Deva, a subunit of state-owned Termoelectrica, plans to invest 85.5 million lei (EUR20.7 million) in environment works. more

6 iun 2011

Swedish investment firm Oresa Ventures expects to conclude at least two acquisitions in Romania by the end of the year, worth a total EUR30 million, company official Cornel Marian told MEDIAFAX. more

6 iun 2011

Insurer Groupama Romania appointed Gabriel Chirvase as human resources manager, after Monica Marchis was promoted as director of International HR Coordination within the French insurance group. more

3 iun 2011

Companies in Japan, China, South Korea and the United States showed interest in working with Romania on the construction of nuclear power reactors 3 and 4, Friday said Romanian Economy Minister Ion more

3 iun 2011

Economy Minister Ion Ariton said Friday that state-owned gas distributor Romgaz will be floated on the Bucharest bourse within 12 to 14 months. more

3 iun 2011

The first state-owned companies to get private management “could be” hydropower producer Hidroelectrica and coal company CNH, starting fall, Friday said Economy Minister Ion Ariton. more

3 iun 2011

Property developer Globe Trade Center, or GTC, on Friday announced plans to develop a 30,000-sqm office tower in Bucharest, in partnership with Ana Group, a company owned by Romanian businessman more

3 iun 2011

Raiffeisen Capital&Investment cut 1.5% off the target price for shares in Romanian state-owned gas transporter Transgaz (TGN.RO), to 285 lei (EUR69) from RON289.5, but maintained the “hold” more

3 iun 2011

The Bucharest bourse closed Friday near par, after an arch-like evolution throughout the session, while all but two indexes ended in the red. more

3 iun 2011

The Alba court allowed Thursday the insolvency claim filed by state-owned gas distributor Romgaz against chemical plant GHCL Upsom Ocna Mures (UPS.RO). more

2 iun 2011

Dutch retailer Spar posted sales of EUR10 million in Romania in 2010, down 46% from EUR18.4 million in 2009, as store numbers halved. more

2 iun 2011

Romania climbed two positions, to 21, in an Ernst&Young chart of the 35 most attractive states for renewable energy projects. more