26 iul 2012

Importers of expensive cars had the most profitable employees last year. Each person working for BMW Group Romania, Porsche Romania and Mercedes-Benz Romania generated EUR45,000 to EUR550,000 in more

26 iul 2012

The announcement by Finance Minister Florin Georgescu on Wednesday that Romania will seek another two-year precautionary agreement with the IMF is a clear attempt to calm suspicions of foreign more

26 iul 2012

The six largest DIY networks on the Romanian market last year recorded cumulated sales of EUR1.038 billion, up 8.7% on the preceding year as seven new stores opened in 2011 and with 2011 being the more

25 iul 2012

Romanian transport and logistics firm Dumagas Transport expects turnover to exceed EUR63 million this year, from EUR50 million last year, according to IFRS. more

25 iul 2012

Romanian insurer BCR Asigurari de Viata will pay dividends of 15.6 million lei (EUR3.37 million) for the 2011 financial year. more

25 iul 2012

Volkswagen and Opel were leaders on the Romanian second-hand car market regarding the number of registrations in the first half of the year, according to Auto.ro. more

25 iul 2012

Romania's Government has approved the plan to sell a stake of at least 20% in national postal operator Posta Romana to a strategic investor, through a capital raise, by September 30, as per a promise more

25 iul 2012

The recent drought has made the Danube's level in Romania drop below two meters, leaving riverboats unable to reach the Delta and costing the country more than EUR3 million in tourism revenue, unless more

25 iul 2012

Romanian Prime Minister Victor Ponta said Wednesday that state-owned power producer Hidroelectrica has cancelled all bilateral deals, but people close to the matter told MEDIAFAX that the company has more

25 iul 2012

Happy Tour, Eximtur and Perfect Tour continue to be leading tour operators in Romania by sales registered last year, which increased 8% to 17%. more

25 iul 2012

China Huadian Engineering will invest over $1 billion in the construction of a power plant with a capacity of at least 500 MW at Romanian state-owned thermal power producer CE Rovinari, the Economy more

25 iul 2012

Vodafone will open its “Experience Store” on Thursday in AFI Palace Cotroceni mall in Bucharest, the mobile operator’s largest store yet in Romania. The store will have a completely different more

25 iul 2012

Each Paul bakery sold EUR1.1 million worth last year, which is comparable to the sales of a restaurant in Bucharest, even though a restaurant has tens or even hundreds of indoor and outdoor seats, more

25 iul 2012

Romanians are stifled by euro loans, cut consumption, while companies count their losses. The depreciation of the leu by 7.4% against the euro this year increases the bills of the population and of more

25 iul 2012

Renewable energy producers got green certificates worth some EUR138 million in the first six months, which is significantly higher than the about EUR95 million they got for the entire last year. The more

25 iul 2012

Most analysts on the capital market believe the serious depreciation of the leu against the main currencies over the last few months will generally have a negative impact on the companies’ results more

24 iul 2012

Euro Insol, the administrator of Romanian insolvent power producer Hidroelectrica, announced Tuesday that the company has terminated a deal with Energy Holding, responsible for losses of 1.4 billion more

24 iul 2012

Romania's Communications Ministry wants to sell a stake of at least 20% in national postal operator Posta Romana to a strategic investor, through a capital raise, by September 30, as per a promise to more

24 iul 2012

Romanian Development Minister Eduard Hellvig on Tuesday signed a financing contract for road rehabilitation in Craiova, for a project worth 83.9 million lei (EUR18 million), implemented through the more

24 iul 2012

Romanian storage, archival and information management services provider Star Storage will invest EUR4 million to open a data center in the Tetarom 3 Industrial Park in Jucu, Cluj county, serving more

20 iul 2012

Avon Romania, the largest retailer of direct sales cosmetics, has budgeted a turnover increase for this year, after last year the company’s business fell by over eight percent, almost three times more

19 iul 2012

Romania's Democratic Liberal Party (PDL) on Thursday filed three challenges with the Constitutional Court against amendments to the ordinances on the referendum and on the duties of the Court, and more

19 iul 2012

The shareholders of Romanian insurer BCR Asigurari de Viata have decided to increase the company's share capital by 11.04 million lei (EUR2.41 million), to RON32.97 million, through a cash more

19 iul 2012

Ford Romania has received around 100 orders for the new B-Max minivan from local customers and estimates it will deliver 4-500 units in Romania by the end of the first quarter 2013. more

19 iul 2012

How much would Mark Zuckerberg have paid, had he taken out a loan in Romania? Twice as much as he is due to pay for his loan in the US. more