21 iun 2016

Romanian lender Banca Comerciala Carpatica (BCC.RO), controlled by Patria Bank with a 64% stake, wants to reduce losses to RON33 million this year, the company said in a statement on Tuesday. more

21 iun 2016

Romanian farming machinery producer Mecanica Ceahlau (MECF.RO) said it will pay gross dividends of RON0.005 per share, representing a yield of 4.42%, starting with June 22. more

21 iun 2016

more

17 iun 2016

Russian oil group Lukoil is considering the sale of its four oil refineries in Europe, including Petrotel-Lukoil refinery in Romania, CEO Vagit Alekperov was cited by Novinite as saying. more

17 iun 2016

Romanian aluminum smelter Alro Slatina (ALR.RO) plans to invest $53 million (RON214 million) in 2016, focusing on increasing energy and equipment efficiency and portfolio expansion. more

17 iun 2016

The European Investment Bank (EIB) is lending EUR300 million to Romania in support of priority environment sector projects under the Operational Programme Large Infrastructure during the 2014-2020 EU more

17 iun 2016

more

16 iun 2016

Romania will borrow EUR175 million from Council of Europe Development Bank (CEB) for the construction of apartments for youths via the National Housing Agency (ANL) program. more

16 iun 2016

The number of companies with impact on economy that went insolvent in Romania in the first five months of 2016 dropped by 9% compared with the same period a year earlier, from 104 to 95, according to more

16 iun 2016

The volume of crude oil unloaded by KMG International through the offshore terminal out in the Black Sea, operated by Midia Marine Terminal (MMT) company, reached 25.5 million tons since 2009, when more

16 iun 2016

Romanian users are embracing technology, as 61% use it more frequently than they did two years ago but they sometimes consider terminology confusing, according to the latest Samsung survey. more

16 iun 2016

Low-cost airline Blue Air will launch, on December 16, a regular flight from Cluj-Napoca to Birmingham, which will be operated three times a week, on Mondays, Wednesdays and Fridays, the company said more

15 iun 2016

Romanian investment fund Fondul Proprietatea (FP.RO) and lender UniCredit Bank have joined the Fund Managers Association, or AAF, as members with full rights, the association said in a statement on more

15 iun 2016

Shareholders of Romanian cable maker Romcab Targu-Mures (MCAB.RO) approved the extension by maximum 12 months of a EUR1.3 million credit line from Banca Comerciala Feroviara and of another EUR670,000 more

15 iun 2016

Low cost airline Wizz Air will start operating a regular flight from Suceava (northern Romania) to Milan Bergamo (Italy), twice a week, on Wednesdays and Sundays, as of August 3. more

15 iun 2016

more

14 iun 2016

The Romanian economy is straightening alongside progresses in the fight against corruption, but this process takes time, President Klaus Iohannis told Italian investors on Tuesday, at the more

14 iun 2016

Ana Hotels will invest EUR20 million in renovating the rooms of Athénée Palace Hilton hotel in Bucharest and in the construction of a new building of the hotel and a conference room, a project which more

14 iun 2016

The investments of Romanian companies in cybersecurity rose by approximately 10% this year, compared with the same period a year before, as cybercrime prevention is no longer a technical challenge but more

14 iun 2016

Insurance broker SRBA, founded by entrepreneur Gheorghe Grad, will be rebranded as Renomia SRBA Insurance Broker, marking a new development stage, after Renomia, the largest insurance broker in the more

13 iun 2016

Forte Partners, one of the most active real estate developers on the Romanian real estate market, has selected Bog’art company as general entrepreneur for the first stage of The Bridge project, more

13 iun 2016

Transport and logistics company GEFCO Romania, the local division of Gefco group, reported a turnover of EUR64 million in 2015, up 23% compared with the previous year, registering the highest turnover more

13 iun 2016

more

12 iun 2016

Agricultural seeds and weedkillers producer Monsanto Romania reported a 28% lower turnover in 2015, at RON346.2 million, according to Finance Ministry data. more

12 iun 2016

Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) reported a turnover of over RON179 million (EUR40 million) in 2015, and a net profit of nearly RON6.4 million (EUR1.4 million), according more