5 apr 2017

Retail space market will increase by 180,000 square meters in Romania in 2017, while most of the projects will be strip mall-type projects that will be delivered in secondary and tertiary cities, such more

5 apr 2017

Average prices of apartments put up for sale across Romania rose 4% in January-March, to EUR1,092 per sqm, from EUR1,050 in December 2016; prices also rose 1.1% on the month in March, according to more

5 apr 2017

Romanian regional investment fund SIF Oltenia (SIF 5.RO) reported a net profit of RON101.2 million in 2016, from RON132 million a year before, and revenues of RON150 million, the company said in a more

5 apr 2017

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4 apr 2017

Pharmaceutical wholesaler Fildas Trading, controlled by Anca Vlad, will invest EUR10 million in the construction of a logistic center in Iasi city and in the expansion of logistic capacities in more

4 apr 2017

Romania posted the fourth highest annual growth in retail trade in the European Union in February 2017, of 7.5%, overtaken by Slovenia (16.8%) and Luxembourg (12.9%), Eurostat data showed Tuesday. more

4 apr 2017

Libra Internet Bank reported a record net profit of RON32.5 million in 2016, while its net assets doubled in the last two years, to RON3.39 billion, the bank said in a statement Tuesday. more

4 apr 2017

Romania has more than a third of vineyard holdings in the European Union, namely 855,000 holdings, or 36% of EU total, but the average area per holding stood at only 0.2 hectares in 2015, according to more

4 apr 2017

APS Romania, the local division of the Czech debt collection group by the same name, plans to acquire at least two portfolios of non-performing loans this year, for more than EUR500 million, said more

4 apr 2017

The shares of Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) traded at RON7.09 on Tuesday morning, up 1.4% compared with the previous session, reaching the highest price since more

4 apr 2017

Annual private consumption dynamics is expected to slow down between 2017-2019, after, in 2016, it registered the best dynamics since 2007; thus private consumption is expected to increase by 5% in more

3 apr 2017

Insurer Aegon Romania, member of financial group Aegon, reported underwritten gross premiums of RON100.2 million in 2016, up 49.7% from RON66.9 million a year before. more

3 apr 2017

Bucharest Court of Appeals officially closed the insolvency procedures of Romania’s state-owned hydropower producer Hidroelectrica last week, so that the company is in the homestretch for the more

3 apr 2017

Romanian do-it-yourself retailer Dedeman, controlled by local entrepreneurs Dragos and Adrian Paval, overshot the EUR1 billion mark in 2016 and ranks fourth among the largest bricolage players in more

3 apr 2017

The agribusiness division of Agricover Holding reported a turnover of RON1.14 billion in 2016, down 4% on the year and a gross profit of RON12.2 million, versus RON12 million loss a year before. more

3 apr 2017

The Traian Vuia international airport in Timisoara, western Romania, third largest airport in Romania by passenger traffic, reported revenues of over RON41 million last year, according to preliminary more

3 apr 2017

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31 mar 2017

Agriculture Minister Petre Daea said that the European Commission started to understand Romania’s position towards the law on the sale of 51% Romanian products in hypermarkets, adding that, in his more

31 mar 2017

The confidence in the Romanian economy increased in March to the highest level since the autumn of 2008, which translates into premises for strengthening the positive economic climate in the short more

31 mar 2017

Romanian chemical company Chimcomplex Borzesti (CHOB.RO), indirectly controlled by businessman Stefan Vuza, wants to double its share capital, the company said in a statement Friday. more

31 mar 2017

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30 mar 2017

Companies’ growth forecasts are reserved for 2017, as 28% of companies expect an increase between 10%-20% in turnover this year, while 43% forecast an increase of only 1%-10%, according to a survey more

30 mar 2017

Romania’s energy watchdog ANRE approved Thursday the regulated prices for the 38 natural gas suppliers operating on the local market, while natural gas prices for household consumers will increase more

30 mar 2017

Discount retailer Penny Market, controlled by German group Rewe, opened its third logistic center in Bacau county, eastern Romania, following investments of over EUR19 million. more

30 mar 2017

Romanians should buy products made in Romania to support the local economy, Nini Sapunaru, head of Agrointeligenta association, told a MEDIAFAX conference about Romanian producers in food industry on more