15 oct 2014

Romanian energy producer Hidroelectrica, the country’s biggest, in the first nine months of this year generated gross profit worth 817 million lei (EUR185 million), up 20% from the year earlier more

14 oct 2014

The sales of the first Brico Depot stores that replaced the former Bricostore units of Orhideea and Pantelimon in Bucharest rose by 20%, a reason why the network rebranding process has been more

14 oct 2014

Foreigners control one third of the 650,000 companies operating in Romania and generate 50% of local business, namely EUR125 billion out of the EUR250 billion registered in 2013, reveals a ZF survey more

14 oct 2014

The blue tongue disease, which has affected almost 1,000 animals in Romania in the past eight months, puts at risk Romania’s livestock exports to the EU, a market where local companies have operated more

14 oct 2014

Siveco, Romania’s biggest software producer, has seen its public reputation shattered in one month after the detainment of Irina Socol, its co-founder and chief executive officer, and the link with more

13 oct 2014

Halewood Romania, a major local winemaker, expects this year’s wine output to be 10% lower than in 2013, mainly because of the unfavorable weather conditions, according to Dan Muntean, the more

13 oct 2014

Helvetansa, the Romanian-Swiss company founded in 1994 and specialized in luxury watch and jewelry retail, says demand is picking up, but for the time being purchases of items with prices of above more

10 oct 2014

Retailers have become Bucharest’s biggest employers after hypermarkets have replaced former decrepit plants. As a matter of fact, Bucharest has no plant left employing 1,000 people. more

10 oct 2014

Tinmar Ind, the largest private electricity trader in Romania, owned by businessman Augustin Oancea, signed a one-year contract with ArcelorMittal Galati, the second largest energy consumer in more

10 oct 2014

Romania’s construction market is not faring well at all as it is contracting amid public investment downfall, says Gabriel Colobatiu, general manager of building materials producer Somaco, owned by more

10 oct 2014

DAAS Romania, a major supplier of equipment for hotels, restaurants and food stores, will end 2014 with 100 stores fitted out, out of which ten are hypermarkets. Most units, though, are still more

9 oct 2014

Romania’s beer market will witness a single-digit contraction rate in 2014 considering the first half trend (minus 9%) and the rainy summer, but on the long-term it is set to resume growth, more

9 oct 2014

This autumn started with the opening of two office sites near the Pipera subway station and the new buildings are due to be delivered in 2016. more

9 oct 2014

The Romanian food industry, dominated at the top by multinationals of vegetal oil, sugar and confectionery production, but characterized by a second tier made up of Romanian entrepreneurial more

9 oct 2014

The first nine months of this year were challenging for the Romanian construction sector, as the number of major projects was limited, particularly in the area of infrastructure, says Laurentiu more

9 oct 2014

AXA Asigurari, the local subsidiary of French group AXA, raised its capital by EUR1.1 million in August, with total capital injections by the French group reaching some EUR3 million in 2014, according more

9 oct 2014

Farmers in Romania sowed 380,000 hectares of arable land with rapeseed, similar with last year’s area, the equivalent of a quarter of total areas dedicated to oleaginous seeds. more

8 oct 2014

Bucharest “eats up” around 2.5 billion lei (EUR560 million), namely one third of Romania’s overall restaurant market, though it hosts just one eighth of the total number of companies operating more

8 oct 2014

Fabryo-Atlas Paints group, created in 2013 through the merger between paint and coatings producer Fabryo, controlled by investment group Oresa Ventures, and the building material unit of Atlas more

8 oct 2014

Iasi-based private healthcare group Arcadia, controlled by Romanian entrepreneurs, generated revenue worth EUR5.4 million in the first half of this year, up 23% from the year-earlier period. more

8 oct 2014

French-held group Adeo, controlled by the Mulliez family, added EUR26.5 million to the share capital of Leroy Merlin Bricolaj of Romania in a bid to support the development of the local store network more

8 oct 2014

End-June, Romanian companies had around EUR10 billion worth of loans taken out directly from banks from abroad, mostly from Austria and Germany, down by the equivalent of EUR1 billion from June 2013, more

7 oct 2014

Spitalul European Polisano (Polisano European Hospital), part of Romanian group Polisano, is set to invest almost EUR20 million in the coming months to open four new radiotherapy centers. more

7 oct 2014

Banks in Romania in the first eight months of this year sent 706,000 requests for information about potential clients to the Central Credit Registry (CRC), 1,450 requests less than in the same period more

7 oct 2014

With a 210,000-sqm built area, EUR165 million investment, 15 cranes and 1,500 workers, Mega Mall, the shopping center that is taking shape in Bucharest’s Pantelimon area, is the biggest site in the more