8 iun 2015

Florin Constantin, a manager with farming seeds producer Euralis for over seven years, was recruited by Aectra, a Romanian fertilizers and pesticide producer, for the position of deputy general more

8 iun 2015

Violeta Luca, a well-established manager in the local retail sector, resigned from the position of vice-president and chief executive officer with Romanian online retailer eMag, after less than two more

5 iun 2015

Romanian local financial regulator ASF authorized BRD Asset Management, the third fund manager by size with RON2.6 billion assets under management, to launch open-end investment fund BRD USD more

5 iun 2015

Polish investment fund Innova Capital aims to list bottled water wholesaler La Fantana, which it controls, on the Bucharest bourse by early July, according to market sources. more

5 iun 2015

The spare parts exports of AILN, the logistic unit of Romanian carmaker Automobile Dacia, accounted for 2% of the country’s total exports, at over EUR1 billion, on higher demand for entry range more

5 iun 2015

The recently announced natural gas price hikes for household consumers could mean an of 1.4 billion lei (EUR315 million) for the revenue of Romania’s main natural gas producer Romgaz (SNG.RO) over more

4 iun 2015

HR company Adecco, leader of the Romanian recruitment and temporary workforce market, registered revenue of 240 million lei (EUR54 million) in Romania last year, up 15% from 2013, the company said. more

4 iun 2015

Polish group Getin, who owns Romanian lender Idea Bank, is currently in talks on acquiring credit portfolios to support its development plans, the group's chief executive Piotr Kaczmarek told Ziarul more

3 iun 2015

Romania’s infrastructure problems are limiting the country’s potential of attracting foreign investments such as a third car factory on the local market, said Boris Billich, chief executive more

3 iun 2015

The largest companies listed on the Bucharest Stock Exchange amassed a combined cash and equivalents of over RON15 billion (nearly EUR3.4 billion) at the end of March, as they lack investment programs more

3 iun 2015

Romanian online computer and electronics retailer PC Garage registered sales revenue of 128.9 million lei (nearly EUR29 million) last year, up 43% compared with 2013, driven by orders for computers more

2 iun 2015

Romania’s rapeseed yield is estimated at 2.53 tons per hectare end-May, very close to the all-time high reached last year, according to a report of the European Commission. more

2 iun 2015

The Romanian units of Greek lenders Alpha Bank, Bancpost and Piraeus Bank reported total deposits of EUR4.3 billion (nearly RON19 billion) end-March, down 8% compared with December 2014, according to more

3 apr 2013

The top three wind power projects in Romania now include one developed by a local entrepreneur, Romanian-born Swedish businessman Emanuel Muntmark. more

3 apr 2013

Two thirds of the major real estate assets – malls and office buildings – in Romania are for the moment held by financing banks, reveals a ZF analysis. more

2 apr 2013

Reducing the value added tax on bread from 24% to 9% starting 2013 will bring higher revenues to the state budget, will fight tax evasion and will either decrease or stabilize bread price for a long more

2 apr 2013

Private equity fund Abris Capital Partners Tuesday said it completed the takeover of Romanian parcel delivery company Cargus International from Deutsche Post DHL. more

2 apr 2013

Romania's energy system must be reorganized as a result of the market liberalization and the splitup of companies on types of resources, minister in charge Constantin Nita said Tuesday. more

2 apr 2013

The Bucharest stock market opened lower Tuesday, with the shares of Romanian aircraft parts producer Aeroteh Bucharest (AER.RO) up almost 12% after the company’s announcement it will pay out its more

2 apr 2013

Largest Romanian-held construction company in 2011, Hidroconstructia, posted 623.6 million lei (EUR141.2 million) revenue in 2012, down 38% year-on-year. more

2 apr 2013

The price of corn has fallen to 800 lei/ton (EUR180/ton) in Romania, 30% less than three months ago and the trend points to further declines in the coming period. more

2 apr 2013

Kaufland, the largest retailer in Romania, will be testing a new store format of about 2,000 square meter retail area, the same as used by a large supermarket. more

1 apr 2013

Romanian state-run hydropower producer Hidroelectrica will assign 9.5 million lei (EUR2.1 million) to expropiate dwellings over three localities in the northern county of Mures, required to complete a more

29 mar 2013

Romanian Premier Victor Ponta said Friday the only solution left for insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) is the company’s restructuring and further layoffs as the European more

29 mar 2013

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in March, with total deals worth 698.2 million lei (EUR158.3 million) and a market share of 32.11%, stock exchange data showed more