11 iun 2015

Romania’s Energy Ministry will sell 26.69% of Rompetrol Rafinare shares for at least $200 million and the company’s majority shareholder, KMG International, has pre-emption right to buy the stake. more

11 iun 2015

Romania exported 47.000 tons of copper ore in 2014, worth EUR35 million, while imports of copper increased 17%, to EUR530 million, as the country lacks processing capacities, according to data from more

11 iun 2015

Cyprus-registered investment fund RC2 Limited resumed transactions with shares of Romanian dairy manufacturer Albalact (ALBZ.RO), after the transfer to the main market of the Bucharest stock exchange, more

11 iun 2015

Macromex, one of the largest distributors of fast moving consumer goods on the Romanian market, aims to become the leader of the EUR170 million ice-cream market by 2018. more

11 iun 2015

The World Bank slightly upgraded Romania’s economic growth forecast to 3% in 2015, from 2.9% seen previously, according to the latest World Economic Prospects report released Thursday. more

11 iun 2015

Aramis Invest, the largest furniture producer in Romania, registered 4% higher sales in 2014, at 567 million lei (nearly EUR128 million), compared with RON547 million a year ago. more

11 iun 2015

Romania’s Finance Ministry Thursday sold a planned 400 million lei (EUR90 million) in 12-month treasury bills, at an average yield of 1.4%, nearly unchanged from the previous tender. more

11 iun 2015

Defense contractor Romarm, the main Romanian producer and direct exporter of military products, is seeing high demand for infantry ammunition and weapons, largely from the Middle East, according to more

11 iun 2015

Romania spent RON14 billion (nearly EUR3.5 billion) for 570 kilometers of new highways over the last 25 years, mostly financed by the European Union, according to Business Construct magazine. more

11 iun 2015

Turkey's governing party AKP suffered a double blow this week as it lost the parliament majority following the Sunday elections and the economic growth slowdown in the first quarter, Euler Hermes more

11 iun 2015

Romania’s industrial production was stable in April against the previous month, but still was higher than in the same period of 2014, the country’s statistics institute INS said Thursday. more

11 iun 2015

Romanian consumer prices rose 0.5% in May from a month earlier, mainly due to rising food prices, fueling the growth of the annual inflation rate to a six-month high, official data showed Thursday. more

10 iun 2015

Coca-Cola HBC Romania, leader on the local soft drinks market, registered sales revenue of RON1.83 billion in 2014, up 1% on the year, according to ZF calculations based on Trade Registry data. more

10 iun 2015

Romanian food company Lactag (LACT.RO), which owns two factories and a 35-convenience store network, aims to gather up to EUR5 million through a public offering on the Bucharest stock exchange over more

10 iun 2015

Romania will register by 2019 the highest increase in lending among South-East European countries, with an average annual rate of 12.4%, on the back of economic recovery and low interests that fuel more

10 iun 2015

Romanian power supply and distribution company Electrica (EL.RO) will seek its stockholders' approval for an investment budget of 860 million lei (EUR194 million) in 2015, after the first draft was more

10 iun 2015

Mediplus and Sensiblu, the main units of A&D Pharma, the largest group in Romania’s pharmaceutical industry, posted lower sales in 2014, but the cumulated profit of the two companies totaled RON52 more

10 iun 2015

Carlos Pallares is the new general manager of the Romanian unit of Spanish construction group FCC Construccion, involved in projects such as Bucharest-based Basarab passage or Arad-Timisoara highway, more

10 iun 2015

Romania’s industrial sector received less orders in April compared with the previous month, after a 10% increase in March, data released by the country’s statistics institute INS showed Wednesday. more

10 iun 2015

Romanian industrial sales fell 7.2% in April compared with the previous month, on declines in all sectors, data released by the statistics institute INS showed Wednesday. more

10 iun 2015

Romanian nuclear power company Nuclearelectrica (SNN.RO) has disconnected the first nuclear reactor in Cernavoda from the national power grid Wednesday, for repair works on the electrical power more

9 iun 2015

Zara, one of the seven brands Spanish giant Inditex operates on the Romanian market, posted sales of almost 412 million lei (EUR92.8 million) on the local market last year, up 9% from 2013, according more

9 iun 2015

Romania managed in the first four months to cover its natural gas needs entirely from the local production and thus, it was no longer forced to import gas from Gazprom, according to Gabriel Selischi, more

9 iun 2015

German-held retailer Kaufland reported sales revenue of 8 billion lei (EUR1.8 billion) in 2014, up 10% from a year before, the slowest pace of growth since the group's entry on the Romanian market, more

9 iun 2015

Daewoo Mangalia Heavy Industries, or DMHI, the largest ship builder in Romania, posted a record high loss of 700 million lei (EUR157.6 million) in 2014, seven-fold higher from a year before, according more