28 iun 2016

Romanian Businessmen Association (AOAR) asked government to provide a mechanism for partially compensating Romanian companies which have export contracts with Great Britain, for the losses caused by more

28 iun 2016

Dutch dairy producer FrieslandCampina, which owns Napolact brand on the Romanian market, borrowed EUR150 million from European Investment Bank (EIB) for research and development activities in more

28 iun 2016

Romania currently faces an unprecedented window of opportunity, as interest rates are close to zero, freight prices halved compared with the previous years, the budget deficit is close to zero, and more

28 iun 2016

Multinationals are looking closely at the local environment and we have got a vote of confidence as the markets are stable, Bogdan Neacsu, Garanti Bank Romania Deputy General Manager, responsible for more

28 iun 2016

On the long term, Europe should redefine itself as it has lost an important part of the economic power, the geopolitical one, it lost an important partner by Great Britain’s decision to leave the more

27 iun 2016

Imports and exports between Romania and Great Britain don’t have an important weight at the moment, UK is not one of Romania’s consistent commercial partners, while the local banking system has no more

27 iun 2016

Garanti Bank has completed the share capital hike by EUR22.3 million, targeting the support and financing of the lender’s organic growth on the local market, the company said in a statement on more

27 iun 2016

Orange Romania, the leader of the local mobile telephony market, has extended its fourth generation (4G) telecom network on the routes linking capital Bucharest with Constanta and Brasov cities. more

27 iun 2016

Telekom Romania Mobile Communications (former Cosmote), ranking third on the mobile telephony market by the number of clients, reported a turnover of RON1.848 billion (EUR415.9 million) in 2015, down more

27 iun 2016

Real estate developers on the office, shopping center and residential projects segment started to use aluminum joinery solutions more and more, as 45% of the indirect customers of Reynaers Aluminium more

24 iun 2016

Romania posted solid economic results, providing additional comfort and confidence in a low impact of Brexit on the local economy, Finance Ministry said in a statement on Friday. more

24 iun 2016

The Romanian leu lost ground versus the euro by midday Friday and the central bank set the leu’s reference rate versus the euro at 4.5366 units, down 0.41% from the previous day and the highest drop more

24 iun 2016

London was the most popular destination for the planes taking off from Otopeni International Airport in Bucharest last year, outranking other European capitals such as Paris or Rome, according to more

23 iun 2016

State-run energy holding Complexul Energetic Hunedoara entered insolvency again on Thursday, while GMC SPRL Craiova was reappointed as judicial administrator, to the detriment of Euro Insol, which was more

23 iun 2016

Romania’s budget loses EUR8.3 billion annually due to the VAT deficit, namely the difference between the VAT to be collected and the sums actually collected, according to a PwC study analyzing more

23 iun 2016

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22 iun 2016

Romania’s Competition Council on Wednesday said it approved the takeover of Delta Health Care SRL and Delta Health Trade SRL by Centrul Medical Unirea (CMU) SRL. more

22 iun 2016

Romanian state-owned airline Tarom estimates revenues of RON1.5 billion this year, up 8.9% compared with last year’s preliminary results, and losses worth RON6.8 million, down by RON34.48 million more

22 iun 2016

Private medical service provider Regina Maria will open its second clinic in Pitesti city, following EUR700,000 investment, the company said in a statement on Wednesday. more

22 iun 2016

The Romanian Government on Wednesday approved the 2016 budget of revenue and expenditure for six state-owned companies, including the National Mineral Water Company, Plafar and the National more

22 iun 2016

Paving setts and curbstone manufacturer Symmetrica estimates that 60% of its turnover came from public projects last year, the company said on Wednesday. more

22 iun 2016

Romanian decorative paints producer Deutek reported a turnover of RON131.6 million (EUR29.6 million) in 2015, up 7% on the year, and a profit of RON13.2 million. more

21 iun 2016

Polish group Orbis, which manages seven hotels in Romania, jointly with FAB Industry, has started the construction works at the first "ibis Styles" hotel in the country, that will be located in Arad more

21 iun 2016

Real estate developer S IMMO AG will start reconfiguration and expansion works at Sun Plaza shopping mall in Bucharest, which are scheduled to be completed in the first quarter of 2018. more

21 iun 2016

Romanian state-owned hydropower producer Hidroelectrica won a contract worth nearly RON39 million for supplying electric power to Bucharest public transport company RATB, after having recently signed more