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

7 oct 2014

Romanian aluminum smelter Alro (ALR.RO), controlled by Russia’s Vimetco, wants to add $4 million to its 2014 investment budget, to an overall $18 million, in a bid to achieve its production plan and more

7 oct 2014

Mariana Gheorghe, who has been at the helm of Romania’s leading oil company OMV Petrom since 2006, has been included by U.S. magazine Fortune in its ranking of the most powerful women in the world more

7 oct 2014

Loans granted to companies and individuals by non-banking financial institutions (NBFI) included in the central bank's general registry were worth 21.7 billion lei (EUR4.9 billion) in mid-2014, around more

6 oct 2014

Romanian Business Consult (RBC), the biggest local IT solution integrator for food and retail companies, expects its revenue to grow by around 10% this year, after expanding to new sectors, such as more

6 oct 2014

German-held cosmetics and fast-moving consumer goods retailer dm drogerie markt is set to open its 68th store in Romania, in mid-October, in Targu-Jiu. This will be the company’s second opening this more

3 oct 2014

Dedeman, the largest player on Romania’s DIY market, last month bought a 4.7-ha land plot from former industrial platform Chimopar and has started building its fourth store of Bucharest. The store more