21 iul 2016

Employees in private companies got a 10% salary hike and a 16% bonus increase in the first six months of the year, due to the positive economy trend, the development of companies, and the minimum wage more

21 iul 2016

Romania registers an average delay of 8.5 months in transposing EU directives into national laws, representing a slight increase from 8.1 months in the previous report, but still above the EU average, more

20 iul 2016

One third of companies worldwide say they have achieved advanced levels of digitization today, while 72% of companies expect to achieve advanced levels of digitization by 2020, according to a PwC more

20 iul 2016

Romanian Economy Ministry on Wednesday launched the national multiannual program for micro-industrialization, the fourth of the ten programs implemented by the ministry this year. more

19 iul 2016

Austrian group Grawe, which owns insurance company Grawe Romania, increased the insurer’s share capital from RON28.5 million to RON40 million (EUR9 million). more

19 iul 2016

UK-based company Moneycorp, specializing in international payment and foreign exchange services, opened a branch in Romania, which will be managed by Johan Gabriëls, former manager of Banca more

19 iul 2016

PVC and aluminum windows and doors producer Optimedia, owned by Romanian entrepreneurs Marius and Simona Pantis, reported a turnover of over EUR8 million in January-June, up 19% on the year. more

19 iul 2016

Majority shareholders of Brasov-based company Apemin Zizin, one of the largest mineral water producers, invested over EUR500,000 in a skin care center, DermaCare Clinique, in Bucharest. more

19 iul 2016

Air traffic on Bucharest's two airports, Henri Coanda (Otopeni) and Aurel Vlaicu (Baneasa), rose 16.5% on the year in the first half of 2016, to over 4.9 million passengers. more

19 iul 2016

Veranda Shopping Center, developed by Prodplast Imobiliare in Bucharest, has reached an occupancy rate of 85% after it signed a lease contract with U.S. coffee shop chain Starbucks. more

19 iul 2016

The law according to which Romanian hypermarkets will have to sell at least 51% Romanian products can curb imports, an aspect banned by the Treaty on the Functioning of the European Union (TFEU), more

18 iul 2016

June 2016 was the best month of the last six years by the sales of new vehicles, the representatives of Romanian Automotive Manufacturers and Importers Association (APIA) said Monday. more

18 iul 2016

Romania’s Competition Council on Monday said it is looking into the takeover of 78 Reteta pharmacies from Polisano group by retail pharmacy chain Sensiblu. more

18 iul 2016

Romanians travelling abroad made card payments worth RON5.3 billion (EUR1.2 billion), while ATM cash withdrawals totaled RON3 billion (EUR674 million) in 2015, according to a Visa study. more

18 iul 2016

The mortgage loan market will register a positive evolution on medium and long term, given the economy and real estate market trends, according to OTP Bank representatives. more

18 iul 2016

European Commission approved the EUR440M financing request of Romania's state-owned railway operator CFR SA for the upgrade of railway segment Apata - Cata, an important part of the project for the more

18 iul 2016

Mobile telephony market in Romania fell 2% to EUR2.05 billion in 2015, but the evolution is better than the previous years given that the industry is returning to growth, according to Orange annual more

15 iul 2016

Agricola group reported a turnover of RON345million in January-June, up 12.7% on the year, due to higher sales, the company said in a statement Friday. more

14 iul 2016

Renault Commercial Roumanie, the company managing the sales of Renault, Nissan and Dacia on the Romanian market, will have a new general manager as of August 1, as Jan Ptacek will be replaced by more

14 iul 2016

One third of small and medium-sized enterprises say the evolution of the Romanian economic environment is cumbering development, while less than 14% of the companies consider that the evolution of the more

14 iul 2016

German group Metro appointed Roland Ruffing as the new Chief Executive Officer of Metro Romania, replacing Gilles Roudy who left after two years and a half of mandate. more

14 iul 2016

Romania’s modern stock of industrial and logistics spaces outside Bucharest reached 1.3 million sqm in the first six months of 2016, exceeding Bucharest stock by nearly 30%, according to real estate more

13 iul 2016

South-African investment fund New Europe Property Investments (NEPI), the company with the highest real estate portfolio in Romania, announced it will hike its share capital by approximately EUR63 more

13 iul 2016

The number of insolvencies decreased last year in 9 of 13 countries in the Central and Eastern Europe region and the GDP-weighted regional insolvency average was -14%, according to a Coface study. more

13 iul 2016

Rompetrol Moldova, a subsidiary of KMG International, opened 10 filling stations in the first half of 2016, which exclusively sell quality fuels produced by the Petromidia refinery, KMG International more