8 feb 2017

Real estate consulting firm JLL has appointed Costin Banica as head of industrial department for Romania, effective 17th February 2017. more

8 feb 2017

KPMG was ranked by Thomson Reuters and Bloomberg as the leading mid-market provider of Mergers&Acquisitions (M&A) services in 2016 among Big Four and M&A boutique companies, KPMG said in a statement. more

7 feb 2017

The grocery market in the CE region is expected to register steady growth in the coming years and reach EUR145.8 billion in 2021, while the Romanian and Bulgarian markets, which are the least more

7 feb 2017

Constitutional Court ruled Tuesday that the law stipulating the conversion of Swiss franc loans into Romanian lei at historical rates is unconstitutional, as it violates the principle of bicameralism, more

7 feb 2017

The Romanian leu gained ground versus the euro by midday Tuesday, and the central bank set the leu’s reference rate versus the euro at 4.4916 units, up 0.4% compared with 4.5095 units in the more

7 feb 2017

AmCham Romania warns that it is detrimental for Romania to reach budget targets by cutting investments or changing the fiscal policies which impact directly and immediately the business community. more

6 feb 2017

Bucharest Stock Exchange (BVB) launches “Made in Romania” project, that will identify and promote next most innovative Romanian and regional companies, BVB said in a statement Monday. more

6 feb 2017

The price stabilization, alongside an average annual growth of 0.9% registered in the last five years, indicates that the stagnation will continue on the Romanian residential market, with signs of more

6 feb 2017

The Romanian leu strengthened versus the euro and the US dollar on Monday, after the Romanian government repealed the decree decriminalizing certain graft offences following five consecutive days of more

6 feb 2017

Japanese company Roki, specialized in the production of automotive filtration equipment, has leased 5,500 sqm in CTPark Arad from industrial space developer CTP. more

6 feb 2017

Average prices of apartments put up for sale across Romania rose 1.3% on the month in January, to EUR1,064 per sqm, and also increased 9.6% compared with EUR971 per sqm in January 2016, according to more

5 feb 2017

The Romanian government on Sunday repealed the decree decriminalizing certain graft offences, following five consecutive days of street protests in Bucharest and other major cities. more

3 feb 2017

The Fiscal Council said that the state budget draft for 2017, presented by the Finance Ministry, is deliberately and substantially diverging from the national and European fiscal rules signed by more

3 feb 2017

Chimcomplex company, part of Serviciile Comerciale Romane group, owned by businessman Stefan Vuza, will lend RON4.7 million (EUR1 million) to Serviciile Comerciale Romane (SCR) Piatra Neamt, the more

3 feb 2017

Lender Banca Transilvania, investment fund Fondul Proprietatea and natural gas transmission company Transgaz currently have the best dividend yields, according to a study by brokerage company more

3 feb 2017

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2 feb 2017

Approximately 8,000 companies in Romania went insolvent in 2016, down 21% from 10,000 a year earlier, according to a Coface report. more

2 feb 2017

The board of directors of Romanian state-owned airline Tarom has appointed Eugen Davidoiu as the company’s general manager after the term of interim general manager Dan Plaveti ended. more

2 feb 2017

The fluctuations of the energy prices on the power exchange, registered in the last 15-20 days, will not affect the electricity or heating bills of household consumers, energy regulator ANRE said in a more

2 feb 2017

The Romanian leu continued to fall versus the euro by midday Thursday, and the central bank set the leu’s reference rate versus the euro at 4.5337 units, down 0.21% compared with the previous day. more

2 feb 2017

The modern retail stock in Bucharest reached 1.225 million sqm at the end of 2016, after the openings of Parklake Plaza and Veranda Shopping Center, thus, the occupancy rate stood at 96%, according to more

2 feb 2017

The number of companies that went insolvent in Romania in 2016 dropped by 18% on the year, to 8,000, according to Trade Registry data. more

2 feb 2017

Robert Tudorache, state secretary in the Energy Ministry, has invited the representatives of the Economy Ministry, energy regulator ANRE, Competition Council, power exchange OPCOM and state-run power more

1 feb 2017

President of the European Commission, Jean Claude Juncker and First Vice-President, Frans Timmermans, said in a joint statement Wednesday that the Romanian government should not undermine the fight more

1 feb 2017

The World Bank approved Wednesday a EUR60 million financing to Romania for the Justice Services Improvement Project, the institution said in a statement. more