18 dec 2012

Construction group Mota-Engil, which started operations in Romania in 2007 and worked on such projects as Nusco Tower, Doamna Ghica Plaza and Pipera-Tunari overpass has decided to leave this market. more

22 oct 2012

real,- Hypermarket chain, part of the Metro group, will see two managers leave by the end of the month. more

18 oct 2012

Metro Cash&Carry, which generate more than EUR1 billion in revenue on the Romanian market, will not open any store this year, said Dusan Wilms, the retailer's managing director and one of the few more

17 oct 2012

A breakdown by sectors of the most profitable 300 companies in Romania in 2011 reveals that real estate is not a business that goes smoothly for all investors, while energy, industry and construction more

16 oct 2012

Entrepreneur Dan Sucu, the owner of the Mobexpert furniture business, says he expects sofas, carpets and mattresses to boost sales after his bet on the outdoor furniture paid off. more

15 oct 2012

Flanco Retail, the electronics, home appliances and computer retailer that went insolvent at the end of 2009, wants to bring back some of the people who had been working for the company before the more

31 aug 2012

Electricity consumption, which generally signals the evolution of the whole economy, saw a slight decline between January and July, and the only period when the indicator was significantly higher than more

27 aug 2012

The latest tenders for the construction of 107 kilometers of highway, which attracted bids from 95 consortia of Romanian and foreign companies, brings up the question of how low can the cost of these more

27 aug 2012

edy International Spedition, the leading transport company on the Romanian market, has filed for insolvency earlier this month, according to a Hunedoara court. more

27 aug 2012

It looks like 2012 will be another bad year for investments in shopping malls, office buildings and residential compounds, considering that only four major projects requiring investments of nearly more

23 aug 2012

Casa Rusu, the retail unit of furniture maker Rus Savitar, obtained more than 35% of its revenue last year from two stores in Bucharest. The store in the Vitantis shopping center (southern Bucharest) more

24 iul 2012

The largest one hundred alternative investment managers in the world have $3,136 billion worth of assets on their hands, invested in private equity and hedge funds, real estate and infrastructure at more

23 iul 2012

The Kenvelo Group, which posted around EUR20 million in revenue last year from over 70 Kenvelo, Lee Cooper and Tom Tailor stores, will also develop the American TimeOut brand on the Romanian market, more

25 iul 2011

The Romanian government’s offering to sell 9.84% in OMV Petrom (SNP.RO), the biggest transaction in the entire history of the Bucharest Stock Exchange, was almost invisible during the subscription more

25 iul 2011

Ameropa Grains (CCRL.RO), formerly Comcereal Constanta, one of the top five grain traders on the local market, exported 65,000 tons of agricultural products to Ameropa AG, its parent company based more

4 iul 2011

The nine largest foreign banking groups that undertook to maintain support for their subsidiaries in Romania as part of the “Vienna initiative” in May 2009 are now at 97% of their aggregate more

4 iul 2011

Netherlands’ Desso, which supplied the artificial grass for stadiums such as Wembley and Santiago Bernabeu, was also the supplier of 39.484 square meters of carpet tiles to Petrom City, which houses more

8 iun 2011

With insurance policies starting from just EUR12 per year, Alico needs half a million clients so its portfolio will generate sufficiently high revenues. more

7 iun 2011

After more than 15 years since the development of the first investment fund, asset management has become a profitable business in Romania as well. more

3 iun 2011

France’s Total, US Exxon and Chevron, as well as Russia’s Lukoil are the oil giants that have in the past year set their eyes on Romania, trying to spot potential hydrocarbon reserves both on land more

3 iun 2011

Cristian Colteanu, who runs the operations of US-based company General Electric (GE) in Romania, the Republic of Moldova and Bulgaria, said the revenue target for the next two years was set at $1 more

2 iun 2011

The year 2011 has so far been “rich” in terms of Romania’s road infrastructure, but only as far as tenders organized in the past few months are concerned. The national motorways and roads more

2 iun 2011

The ten biggest general insurers transferred premiums worth 358 million lei (around EUR85 million) to reinsurers in the first quarter of 2011, up 56% from a year ago. more

2 iun 2011

The reduction of the Romanian state’s stake in Fondul Proprietatea (FP.RO) to less than 33% transfers control over the investment fund’s EUR4 billion assets into the hands of private investors, more

1 iun 2011

Although the trend of city breaks shaped up in the region several years ago, Bucharest is lagging way behind some capitals such as Budapest or Prague, which are attracting thousands of tourists every more