1 iul 2015

Polish investment fund Innova Capital postponed the listing of bottled water wholesaler La Fantana, which it controls, on the Bucharest bourse, in a pre-summer deal, due to the high volatility on the more

1 iul 2015

Romanian state-run copper producer Cuprumin Abrud forecasts a net profit of 1.56 million lei in 2015, threefold lower from a year before, according to the company’s budget and revenues budget. more

1 iul 2015

Private healthcare services provider Affidea invested EUR1.5 million in an imaging unit opened in Bucharest-based Floreasca medical unit, owned by Regina Maria healthcare network. more

30 iun 2015

Non-performing loans decreased to 13.5% of all household and corporate lending in April, compared with 20% during the same period a year before, according to central bank data. more

30 iun 2015

Romanian investment fund SIF Moldova (SIF2.RO) will pay gross dividends representing 52.5 million lei from 2014’s net profit as of June 30. more

30 iun 2015

Romanian aluminum smelter Alro Slatina (ALR.RO), majority owned by Vimetco group, aims to increase the volume of products targeting the auto, aeronautical and defense sectors by 10%, to 30% of its more

30 iun 2015

Insurance company Omniasig, owned by Austria's Vienna Insurance Group (VIG), underwrote gross premiums of 238 million lei (EUR54 million) in January to March, up 24% compared with the same period a more

29 iun 2015

Romanian companies underwrote health insurance premiums of 22 million lei in the first quarter, up 25% compared with the same period a year before, according to data of Financial Supervision Authority more

29 iun 2015

REWE Romania, which operates retail chains Penny Market and XXL Mega Discount, reported sales of EUR160 million from private brands in 2014, representing 30% of total sales. more

29 iun 2015

Japanese electronics producer Panasonic targets the 1st position on the Romanian market of switching devices evaluated at EUR10 million, and aims to build a production unit on the local market. more

18 iun 2015

US pharmaceutical company Eli Lilly named Attila Fejer as general manager of its Romanian division replacing Camilla Shen. more

18 iun 2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) aims to boost gas and diesel oil trades to Constanta seaport to offset the drop in crude oil imports for European refineries, which are more

18 iun 2015

Cosmetics retailer Coty Romania forecasts sales of 95.7 million lei (EUR21.5 million) in 2015, up 8% from a year before and over 40% higher than 2008, the last year of the economic boom period. more

18 iun 2015

Romanian energy traded Alpiq RomIndustries, a unit of Swiss company Alpiq, reported 22% higher revenues in 2014, at 395 million lei (nearly EUR89 million), while it employed only 15 people, according more

18 iun 2015

Coca-Cola HBC Romania, Quadrant Amroq Beverages (bottler of PepsiCo on the local market), as well as Romaqua Group, producer of mineral water Borsec, are the largest 3 companies in the Romanian soft more

18 iun 2015

Banca Romana de Credite şi Investitii (BRCI), owned by businessman Dorinel Umbrarescu, posted net loss of 35 million lei () in 2014, while its assets were 2.5 fold higher, the bank said in its annual more

17 iun 2015

Provident, UniCredit Consumer Financing (UCFin) and Cetelem, the top three largest consumer credit firms in Romania, switched to an aggregated net profit of over 200 million lei (EUR46 million) in more

17 iun 2015

The Bucharest Stock Exchange (BVB) organized one to one meetings between the Romanian listed companies and foreign investors during Business Investors Days, a two-day event ended Wednesday aiming to more

17 iun 2015

Romanian drugmaker Europharm Brasov, held by UK group GlaxoSmithKline (GSK), registered sales of 426 million lei (nearly EUR96 million) in 2014, down 14% compared with a year before, as the plant is more

17 iun 2015

Logistic company DB Schenker, a unit of Germany’s Deutsche Bahn, posted 3.3% lower revenue in 2014, at EUR91.1 million, according to Finance Ministry data. more

17 iun 2015

Oil company Petroceltic International sold its shares in two Black Sea oil blocks to Gabriel Comanescu, the owner of Grup Servicii Petroliere (GSP), according to ZF data. more

16 iun 2015

The largest 20 Romanian distribution IT&C companies reported cumulated revenues of 3.8 billion lei (EUR873 million), up 6.5% from a year before, according to a preliminary survey based on the Finance more

16 iun 2015

Chipita Romania, the domestic subsidiary of the Greek group of the same name that owns the brands 7Days and Finetti, posted revenue of 312 million lei (nearly EUR70 million) in 2014, RON10 million more

16 iun 2015

Private power supplier Repower Furnizare Romania, the local subsidiary of Swiss-held Repower group, forecasts 5% to 10% higher revenue in 2015, while its sales are seen up 7%. more

16 iun 2015

Romanian Energy Ministry, majority stockholder with Romanian nuclear power company Nuclearelectrica (SNN.RO), will be subpoenaed in October, next to the energy producer, in a trial against Fondul more