29 mai 2012

Romania's Government has completely missed the target for the reduction of local authority arrears in the first quarter, and the debts have even grown, indicating serious failures in the monitoring more

29 mai 2012

Five of the 40 most important shopping centers in Romania account for almost 40% of total turnover, but together only make up 21% of the country's gross lettable area, according to a study by more

29 mai 2012

Investments in renewable energies are founded on the need to ensure durable development, given that current sources are exhaustible, but the players in this field face a series of obstacles, Ion more

29 mai 2012

The lack of order in the administration and the lack of competence of decision makers, fiscal shocks and uncertainty over business-oriented legislation are stifling business more than the instability more

29 mai 2012

OMV Petrom (SNP.RO), the largest company in Romania, and five other major listed companies will pay RON2.68 billion (EUR600 million) in gross dividends in June, according to available reports. more

29 mai 2012

Several shareholders led by UK’s City of London are showing support for Franklin Templeton because they fear the payment of the 531 million lei (EUR119 million) in dividends from last year’s more

29 mai 2012

Romgaz Medias, Romania’s largest gas producer and the most profitable state-run company, last year reached a net profit of over 1 billion lei (around EUR0.22 billion), 35% more than the preliminary more

28 mai 2012

Romania's Government will give national railway administrator CFR a loan to pay its arrears to the private energy suppliers and will issue an ordinance whereby CFR will pay only the principal on its more

28 mai 2012

Romania's Government has acknowledged to the IMF that it is behind on restructuring the state-owned companies and selecting private management, with CE Oltenia being the only company with a new board, more

28 mai 2012

The Cluj County Council on Monday approved financial aid of more than EUR5.2 million until 2020 for certain airlines, to launch new flights or raise their frequency, with a view to increasing traffic more

25 mai 2012

The U.S. Department of State says, in its 2011 report on human rights practices, that Romania continues to have problems with corrupt public officials, a sometimes partial judicial system, abuse from more

25 mai 2012

The depreciation of the leu and the rise in money market interests add extra charges to the bill of the four million Romanians who took out loans from banks. more

25 mai 2012

Dacia is one of the “success stories” of the Romanian and international economy because it saved French group Renault from bankruptcy and is a model for ArcelorMittal Galati, said Bruno Ribo, the more

25 mai 2012

The mall inside the Palas Iasi (NE Romania) project, the largest real estate investment outside Bucharest, will open on May 31. The project, which started eight years ago via a repeatedly challenged more

25 mai 2012

The local market of GPS vehicle tracking systems will increase by over 10% in 2012, from EUR9.2 million in 2011. more

24 mai 2012

Romania's Finance Ministry is considering introducing a yearly tax on profitable capital market transactions, dropping the previous plan to tax each profitable transaction in turn, criticized by the more

24 mai 2012

Romanian MKB Romexterra Leasing plans to reduce its share capital by 22.6 million lei (EUR5 million), from RON41.7 million to RON19.1 million, to cover the loss carried forward. more

24 mai 2012

Only 10% of the Roma in Romania have had a constant job in the last two years and, although 50% say they are self-employed, in fact 90% of them work illegally, says a study published Thursday by the more

24 mai 2012

RA-APPS, the Romanian authority that administers government-owned real estate, will auction off a large batch of properties in the center of Bucharest, including five business premises and 37 flats more

24 mai 2012

Greek-held banks in Romania have a solvency ratio that is two percentage points above the banking system average, their obligations are well covered in cash and government paper and the shareholders more

24 mai 2012

Peter Weiss, the Dutch executive who took the position of chief executive officer of Bancpost in early 2011, will leave the bank. more

24 mai 2012

The Labor Ministry has enough statistics to solve deficiencies on the labor market, but it needs to find simple methods to increase budget revenues and to direct the money to areas where there is more

24 mai 2012

The insurance market's balance and revenue stabilized at half a billion euros three months into the year, after three years of decline, the market's players will not say that the worst is behind them more

24 mai 2012

Rompetrol, the second-largest player on the Romanian oil market, continued cost cuts in the first part of this year, with over 100 people having left the group since the beginning of 2012. Rompetrol more

23 mai 2012

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) wants to increase its share capital by 18 million lei (EUR4.03 million), from RON44.8 million to RON62.8 million, through a cash more