13 iul 2016

French-held Capgemini, one of the largest global IT and business process outsourcing service and business and technology consultancy providers, is the new tenant of Green Court C office building in more

13 iul 2016

Banca Comerciala Romana (BCR), a unit of Austria’s Erste Group Bank (EBS.RO), sold 617,913 shares in regional investment fund SIF5 Oltenia (SIF5.RO) on July 12, for an average price of RON1.62 per more

13 iul 2016

Romanian online travel agency Paravion, part of Happy Tour group, controlled by Spanish investment fund GED Capital, reported a turnover of EUR27 million in the first six months, up 56% on the year, more

12 iul 2016

Sales of Japanese automaker Mazda on the Romanian market surged 58% on the year in the first half of 2016, to 720 units sold, the company said on Tuesday. more

12 iul 2016

Lithuanian real estate developer Hanner Holding bought the 11,000 sqm plot of land of former Grivita Brewery in Bucharest, Grozavesti area, for EUR5 million. more

12 iul 2016

European Commission has approved the modifying of Bucharest Metro Line 5 project, “Raul Doamnei – Eroilor section, including Valea Ialomitei”, by rescheduling the financing for the EUR480 more

12 iul 2016

Romania ranks 5th in Europe by the price increase for residential property in the first six months of the year, but the price of EUR900/sqm is one of the lowest among 15 analyzed European states, more

12 iul 2016

Romanian real estate developer Impact Developer&Contractor (IMP.RO) closed over 300 contracts for the sale of apartments in Greenfield Baneasa residential compound in January-June, totaling EUR23.85 more

11 iul 2016

Romania’s Competition Council on Wednesday approved the takeover of Bel Rom Trei and Sibiu Shopping City companies by NE Property Cooperatief, member of South-African investment fund New Europe more

11 iul 2016

Paving setts and curbstone manufacturer Symmetrica reported a turnover of RON44.4 million (EUR9.7 million) in the first half of 2016, up 15% compared with the same period a year before. more

11 iul 2016

Romanian President Klaus Iohannis has promulgated the law according to which Romanian hypermarkets will have to sell at least 51% Romanian products, the Presidential Administration said in a statement more

11 iul 2016

Romania ranked sixth in Europe last year by the number of jobs created through foreign direct investments, with over 12,000 new jobs, up 17% on the year, according to EY European Attractiveness Survey more

10 iul 2016

Software developer Softvision reported a net profit of RON2.96 million in 2015, nearly sevenfold higher compared with the previous year, according to Finance Ministry data. more

10 iul 2016

Morandi group reported a turnover of over EUR10 million (RON46 million) in 2015, up by approximately 19% compared with the previous year, according to Finance Ministry data. more

1 iul 2016

Sugar producer Agrana Romania (BETA.RO) reported a profit of RON920,000 in 2015, versus losses worth RON65 million a year before, the company said in a statement on Friday. more

1 iul 2016

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30 iun 2016

Romania’s largest natural gas producer Romgaz (SNG.RO) announced a new hydrocarbon discovery on the Romanian territory in block RG.06 Muntenia Nord-Est, where it performs petroleum operations as more

30 iun 2016

Czech-held utilities group CEZ halved losses from operations in Romania last year, to RON411 million, from RON871 million losses in 2014, due to the wind power production activity, the company said in more

30 iun 2016

Romania’s energy regulator ANRE on Thursday said that natural gas prices for household consumers will be cut by an average 3%. more

30 iun 2016

Unirea Shopping Center (SCDM.RO), which controls the stores in capital Bucharest and central city of Brasov, reported a net profit of RON164,600 (EUR36,300) in the first quarter of the year, versus more

30 iun 2016

Swedish-held private healthcare provider Medicover reported a turnover of RON252 million in Romania in 2015, up over 13% on the year, the company said in a statement on Thursday. more

29 iun 2016

The National Bank of Romania asked each local lender to cut the non-performing loan ratio to less than 10% this year, Horia Manda, managing partner Axxess Capital, told ZF Bankers Summit’16, more

29 iun 2016

The top ten lenders on the Romanian market could jointly exceed 80% of the market, while some of the small lenders will get certain niches to survive and others will disappear in the next two years, more

29 iun 2016

Romania’s Competition Council on Wednesday approved the takeover of Billa stores, the retail operations in Romania of German retail group Rewe, by French retail group Carrefour. more

29 iun 2016

The offices of Romanian institutions abroad were targeted by complex cyber threats in the last two years, meant to steal information through infected documents, such as CVs, sales ads or invitations, more