11 sep 2014

Small furniture producers present at the International Furniture Fair held at Romexpo exhibition center in Bucharest say 2014 has been a challenging year so far, but that there are positive signs for more

11 sep 2014

Romanian companies reported the lowest overall loss in the past six years, at EUR10.5 billion in 2013, while profit totaled EUR14.1 billion, according to Trade Registry data. The gap between profit more

11 sep 2014

Romania’s minister for SMEs, Florin Jianu, a former businessman, wants to find other funding sources for the development of small and medium-sized businesses beside EU funds and the state budget. more

11 sep 2014

The 70,000-80,000 small stores still operating in Romania are eyed by international retailers, which are trying to attract them in franchise. Thus, in full crisis, Carrefour, as well as Metro more

10 sep 2014

British group Kingfisher, which last spring bough the 15 Bricostore DIY stores, registered sales of GBP42 million (around EUR52 million) in Romania and a loss of around GBP6 million in the first half more

10 sep 2014

The average effective interest rate of Romanian currency-denominated mortgage loans hit an all-time low of 5.2% per year in July, half the level of three years ago, when banks sold only more

10 sep 2014

Five furniture producers with overall revenue of above EUR300 million and 6,500 employees are headquartered in Romania’s Maramures county. more

10 sep 2014

Dorothy Constantin and Andreea Altay this year decided to refurbish and rebrand Victoria 46 multibrand store of Calea Dorobanti, Bucharest, turning the 900-sqm space into a department store, in the more

10 sep 2014

Romanian courier services company FAN Courier, controlled by three Romanian entrepreneurs, ended the first half of this year with revenue of 151 million lei (EUR34 million), up 19% from the same more

10 sep 2014

Mondelez Romania, the local subsidiary of the US group of the same name, which has chocolate brands Poiana and Milka, as well as Jacobs coffee in its portfolio, saw its revenue rise by 10% in 2013, to more

10 sep 2014

Brasov-based dairy producer Prodlacta, controlled by Moldovan businessman Vladimir Jardan, is set to export yoghurts to a store network of Germany and plans to tap other foreign markets as well. At more

10 sep 2014

Orastie-based Sogeco plant owned by Dutch group Philips, Romania’s second largest exporter of electrical home appliances, reported revenue of EUR101 million for 2013, up 40% against 2012. more

10 sep 2014

Agricultural land plots of Banat, Romania, have come to be traded at prices of between EUR5,000 and EUR7,000/ha, after the market in the region got crowded amid cash pumped by foreign investors, but more

9 sep 2014

Raluca Simu, an executive whose experience in marketing and advertising spans over a decade, is bringing luxury brand Vionnet on the Romanian market, and the first store will be opened on the ground more

9 sep 2014

Romanian businessman Mihai Miron, known through the companies he developed in the pharmaceutical industry, Europharm and Ropharma, has a new bet this year, a production lab in Chisinau (the Republic more

9 sep 2014

Austrian group Strabag posted revenue of EUR70.7 million in Romania in the first half of 2014, down 49% on the year. more

9 sep 2014

Sibiu-based Atlassib company, Romania’s biggest international road passenger transport operator, carried more than 300,000 people in the first half of the year, 7-8% more than in the same period in more

9 sep 2014

US trader Cargill, French cooperative group InVivo and traders Nidera (China) and Bunge (US) are the biggest exporters of Romanian wheat to Egypt by quantities delivered or contracted in the first more

9 sep 2014

Romanian PVC processor Teraplast plans to keep prices unchanged and operate investments to stay in the black, in the context where market demand is falling, according to Traian Simion, the company’s more

9 sep 2014

Romanian entrepreneur Tiberiu Nagy, who exploits several hundred hectares of arable land in Arad through Grey Bull company, expects to harvest 18 tons/hectare of corn in several weeks’ time, four more

8 sep 2014

German giant Deutsche Telekom has made a big bet on the rebranding of Cosmote and Romtelecom, its Romanian subsidiaries with 11 million clients and annual revenue topping EUR1 billion. more

8 sep 2014

Romania’s state-owned airline Tarom carried 1 million passengers on local and external routes in the first half of this year, up 7% from the same period of last year, according to the company’s more

8 sep 2014

The 20 largest pharmacy networks in Romania in 2013 generated overall revenue worth above EUR1 billion, up 10% against 2012, amid the rising number of units. more

8 sep 2014

Over 1.1 million Romanians bought foodstuffs, apparel, cosmetics or home care products on the internet last year. Thus, with just one in 20 Romanians buying FMCG goods online, the local market lags more

8 sep 2014

In the first seven months of this year, almost 50,000 entrepreneurs in Romania bid farewell to the businesses they ran, down just 2% from the same period of last year, according to Trade Registry more