21 aug 2015

Romanian natural gas transmission company Transgaz (TGN.RO) expects a lower profit in 2015 compared with a year before, on its revenues being adjusted by energy regulator ANRE in order to transfer the more

21 aug 2015

Stockholders with insurers Euroins, Asirom, Carpatica and EximAsig are deemed to make a capital injection of 365 million lei (EUR82 million) by yearend, as a result of the Financial Supervisory more

21 aug 2015

Romanian cities of Timisoara, Ploiesti and Brasov, three of the most powerful cities in local economy, attracted the largest transactions with industrial spaces in the first semester, at over 70,000 more

21 aug 2015

Florin Luca resigned from the position of human resources department head with KMG International, formerly Rompetrol group, which majority owns Rompetrol Rafinare (RRC.RO), which he had filled in more

20 aug 2015

Shareholders of insurer Astra Asigurari, under special administration, have not subscribed enough shares available in the EUR425 million share capital increase, while the company’s special more

20 aug 2015

The Romanian Government assigned Wednesday 300 million lei for financing county and communal road works, the decision taking into account the length of the roads and the financial capability of each more

20 aug 2015

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO), owned by Ovidiu Tender, forecasts lower-than-forecasted revenue in 2015 on the backdrop of clients’ low level of investments and more

20 aug 2015

The market capitalization of Romanian aluminum smelter Alro Slatina (ALR.RO), majority owned by Vimetco group, exceeded 1 billion lei on the Bucharest Stock Exchange, the growth being fueled by the more

19 aug 2015

Romania’s modern retail stock exceeded three million square meters threshold in the first half of 2015, upon the inauguration of two new shopping centers with a total leased area of 117,000 square more

19 aug 2015

Romania is seen among the world’s 15 oldest countries by the median age of population in 2030, on the backdrop of the low life expectancy and fertility levels and population’s migration trend, more

19 aug 2015

A 5.2% stake in Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) was traded on the Bucharest Stock Exchange’s deal market Tuesday in one transaction worth a total 2.2 more

19 aug 2015

German-held do-it-yourself retailer Hornbach, will open in the fall a new store in Sibiu, central Romania, its 6th unit on the local market and already targets several locations for its 7th unit, more

18 aug 2015

Group Studio Moderna, established in 1992 by three entrepreneurs including the richest Slovenian businessman Sandi Cesko, closed down Stilago online fashion shop throughout 15 countries, including more

18 aug 2015

Total wind projects of 130 MW were set up in the first six months of 2015, representing around 52 wind turbines, the projects being most probably started during previous years and postponed over more

18 aug 2015

Romanian drilling company Dafora Medias (DAFR.RO), controlled by businessman Gheorghe Calburean, under insolvency, switched to 92.7 million lei record high loss in the first half of 2015, compared more

18 aug 2015

Romanian tourism agencies market increased 10% on the year in 2014, at 4.3 billion lei, in a biggest growth over the last six years on the backdrop of a higher appetite for city-breaks. more

18 aug 2015

Furniture producer Ecolor, a supplier of Swedish furniture retailer IKEA, posted revenue of 133 million lei in the first half of 2013, up 15% from the same period a year before, on higher sales from more

17 aug 2015

Romanian pharmaceutical company Ropharma (RPH.RO) posted a 25% rise in its second-quarter net profit, at 1.5 million lei, fueled by the growth of operating income. more

17 aug 2015

Credit Agricole Romania, the local subsidiary of French banking group Credit Agricole, approved in stockholders’ meeting the mandate extension of Pierre Martin as vice-president with the bank’s more

17 aug 2015

Alpha Bank, ranking 8th in the Romanian banking system, closed down three of its units in Resita, Miercurea Ciuc and Arad, as part of territorial optimization plans. more

17 aug 2015

Romania must upgrade the farms to have a more efficient production such as Europe and for the small entrepreneurs in the sector not to feel milk prices pressure as a result of cutting milk quotas, more

14 aug 2015

Dante International, managing Romania's largest online retailer eMAG, reported net losses of 58.3 million lei (EUR13.1 million) in 2014, eightfold higher than a year before, according to Trade more

14 aug 2015

Romanian plastic systems maker Teraplast Bistrita (TRP.RO) saw its sales 18% higher in the second quarter of 2015, while the profit was twofold higher, despite an increase in the raw materials prices. more

14 aug 2015

Romanian hotel operator Compania Hoteliera Intercontinental (RCHI.RO) reported a turnover of 45.5 million lei in 2014, up 5.3% from 2013. more

14 aug 2015

Agribusiness group Agricover bought and upgraded a slaughter house in the southern county of Dambovita, in a EUR5 million investment, thus entering the pork processing segment. more