2 mar 2017

Consumer lender Provident Financial Romania, part of British group International Personal Finance (IPF), granted 27% more loans in 2016, while the number of customers rose 4.4% to over 300,000, IPF more

2 mar 2017

Average prices of apartments put up for sale across Romania rose 1.5% on the month in February, to EUR1,080 per sqm, and also increased 6.4% compared with EUR1,015 per sqm in February 2016, according more

2 mar 2017

Dona, the third largest player on the retail pharmaceutical market, reported a turnover of RON960 million in 2016, up 13% compared with the previous year, and forecasts a 20% turnover growth for 2017. more

2 mar 2017

Romanian regional investment fund SIF Oltenia (SIF 5.RO) proposed shareholders two options for the allocation of last year’s net profit: the payment of gross dividends of RON0.0815/share at a 5% more

1 mar 2017

Fashion House Outlet Center in western Bucharest registered the highest sales in the last six years in 2016, and got 13 new tenants: Levi’s, Motor Jeans, Kenvelo, Desigual, Colin’s, Triumph, Sport more

1 mar 2017

Romania ranked first in Central and Eastern Europe by the sale of non-performing loans (NPL), with completed deals worth EUR3.5 billion in 2015 and 2016, according to annual report Deloitte NPL Study. more

1 mar 2017

The European Investment Bank (EIB) provided new loans worth EUR1.04 billion in Romania in 2016 and the European Investment Fund (part of EIB Group) executed operations totaling EUR61 million , EIB more

1 mar 2017

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28 feb 2017

The market of automobile liability insurance (RCA) rose 5% last year, reaching a record level of 4,983,409 contracts, according to official data provided by the Financial Supervisory Authority (ASF). more

28 feb 2017

The volume of diesel oil and gasoline sales of Hungary’s oil group MOL in Romania rose in 2016, the company said in a statement Tuesday. more

28 feb 2017

Foreign investors brought capital of EUR162.5 million to local companies in January, according to Trade Registry data, but not all the funds go to investments, as some of them target the turning of more

28 feb 2017

The average value of an uncollected receivable in 2016 stood at RON900, up 20% compared with 2015, according to the portfolio analysis of Top Factoring, one of the main players on the debt collection more

28 feb 2017

The number of limited liability companies – startups (SRL-D), a type of business launched on the local market in 2011 and based on a national startup financing program, reached 36,574 entities in more

28 feb 2017

Bogdan Chiritoiu, head of the Romanian Competition Council, said Tuesday that the law on the sale of 51% Romanian products in hypermarkets should not be abandoned although the European Commission more

28 feb 2017

The number of companies that went insolvent in Romania in January 2017 dropped by 22.6% compared with the same period a year earlier, to 512, according to Trade Registry data. more

27 feb 2017

Bulgarian insurance company Dallbogg was authorized by Romania’s Financial Supervisory Authority (ASF) to sell civil liability car insurance (RCA) on the Romanian market. more

27 feb 2017

Romania's general consolidated budget posted a surplus of RON3 billion in January, or 0.37% of gross domestic product, finance ministry data showed Monday. more

27 feb 2017

Manchester Securities Corp, controlled by US hedge fund Elliot, the largest shareholder of Romanian investment fund Fondul Proprietatea (FP.RO), sold approximately 2.5 million global depository more

27 feb 2017

Romanian Prime Minister Sorin Grindeanu had a meeting on Monday with a delegation of the consortium made of ExxonMobil and OMV Petrom, led by vice-president of ExxonMobil Development Company, David more

27 feb 2017

Romania ranks 11th among the states in the European Union by house price, registering a 2.9% price increase in 2015 compared with 2010, according to Eurostat data. more

24 feb 2017

Entrepreneur Wargha Enayati, founder of private healthcare provider Regina Maria, bought the majority stake in medical second opinion provider Intermedicas. more

24 feb 2017

The Romanian leu gained ground versus the euro and the US dollar by midday Friday. more

24 feb 2017

Over 90% of the Romanians seeking a house or apartment are searching for information regarding the available properties online, according to real estate consultancy firm Regatta Real Estate. more

23 feb 2017

Telecom operator Orange Romania ended 2016 with a turnover of EUR986.8 million and over 5 million subscribers, the company said in a statement Thursday. more

23 feb 2017

Romanians enjoy shopping the most among East-Europeans, according to nine in ten respondents, while in the Czech Republic, Slovakia and Austria, seven in ten persons enjoy shopping. In Bulgaria, only more