2 aug 2012

Over 800,000 telephone numbers were ported in Romania between October 2008 and end-July 2012, more than half of them in mobile networks, according to the data of telecom regulator ANCOM. more

2 aug 2012

While wind farms projects have already attracted EUR2 billion investments and solar farms are seen as the new stars of green energy, projects turning wood or waste into power are tentatively more

2 aug 2012

The difficult time the leu has had over the last few weeks is not over yet despite expectations of stabilization after the vote on the referendum to impeach the president. more

1 aug 2012

Dacia car registrations in France posted the highest increase in July, 99.5%, up to 9,128 units, but fell by 3.8% in the first seven months, to 50,307 units, on a market also in decline. more

1 aug 2012

The portfolio of Romanian insurer UNIQA Asigurari included 551,244 contracts at the end of 2011, down 8.6% on 2010, as the number of auto civil liability policies (RCA) halved to 187,752. more

1 aug 2012

South African investment fund New Europe Property Investments (NEPI) and Romanian businessman Ovidiu Sandor will develop a 52,000 square meter office complex in Cluj-Napoca, on the site of the former more

1 aug 2012

Agriculture, renewable energy and IT&C have been the most attractive sectors for foreign investors this year, which spent several hundreds of millions of euros to enter Romania. more

1 aug 2012

Farmers will lose EUR2 billion in revenue to the drought because only 100,000 hectares, that is 1.5% of the total arable land of Romania, are irrigated. more

31 iul 2012

Romania's Government will cover 40%-50% of the salary expenses of companies that create at least 200 high-skilled jobs, for two years, under a state aid scheme approved Tuesday. more

31 iul 2012

Romania's Government has approved financial aid for cattle and buffalo farmers in disadvantaged areas, up to a limit of EUR30 million. more

31 iul 2012

BSB Fashion Romania, a subsidiary of Greek apparel retailer BSB, will open its 14th local store in early September, in its own building on Magheru Boulevard in Bucharest. more

31 iul 2012

German company Biogas Nord will build a 3 MW biogas-fueled power plant in Satu Mare county, northwestern Romania, in a EUR6.6 million investment. more

31 iul 2012

The revenue of the brokerage firms dropped to one third of the 2007 level last year, while asset managers’ rose 2.4 times. The 21 asset managers collected 96 million lei (EUR21 million) compared more

31 iul 2012

The five largest foreign fashion retailers on the local market, which control 220 stores generating over EUR220 million in revenue, set out to open more than 20 new stores in the second half, most more

27 iul 2012

Companies controlled by Romania's Transports Ministry spent hundreds of millions of euros illegally or for unjustified reasons, according to an audit targeting the 2009-2012 period. more

27 iul 2012

Romania's Economy Ministry has cancelled four tenders held last year, with a total value of 70 million lei (EUR15.2 million) for mine closure works, arguing that the contracts were awarded more

27 iul 2012

Romania's Agriculture Ministry has drafted a decision on farmer certificates, which will be discussed by the Government in the next two weeks, said minister Daniel Constantin. more

27 iul 2012

Frank Wagner, chief executive officer of discount retail chain Penny Market, part of Germany’s Rewe group, has quit his position after two years. Revenue went up to more than EUR400 million during more

27 iul 2012

Vestas, the world's leading manufacturer of wind turbines, with almost EUR6 billion in revenue in 2011, has installed EUR550 million worth of wind turbines in Romania over the last two years, ZF has more

27 iul 2012

Construction materials manufacturer Cesal Oradea, held by Poland’s Atlas group, has bought the Deutek adhesive and dry mortar plant in Fundulea (southern Romania). more

27 iul 2012

It is still a renter’s market out there, office landlords learn when negotiating with companies seeking space to rent, which are now offering as little as EUR5/sqm a month. This is the usual rent more

26 iul 2012

Romania's Finance Ministry wants to introduce certain spending restrictions to take effect automatically when the net public debt goes over 35%, 40%, or 45% of the GDP, said state secretary Liviu more

26 iul 2012

Management of Renault's technical center in Titu, the only vehicle testing facility in Romania, has been taken over by Anica Muntean, previously the center's technical director, who replaced Fabrice more

26 iul 2012

The operators are worried that they might under be audio and video surveillance without knowing it at the headquarters of the communications market watchdog, ANCOM, in Bucharest. The questions ANCOM more

26 iul 2012

Carmen Negoita, vicepresident of the National Securities Commission (CNVM), the authority that supervises the capital market, earned 80% more in 2011 - 637,937 lei (EUR151,887), according to the more