23 mai 2012

Transport and logistics company GEFCO Romania expects deliveries of household appliances to increase by 20% this year, from EUR3.5 million in 2011 to EUR4.2 million. more

23 mai 2012

Deveho Software Consulting SRL this year plans to complete three projects for the implementation of business software solution ERP X3, developed by French group Sage, and obtain revenue of EUR200,000 more

23 mai 2012

Foreign investment funds brought over $500 million to the Romanian stock exchange in investments in Fondul Proprietatea (FP.RO) shares since the fund’s listing in January 2011. However, the fund’s more

23 mai 2012

The strong local presence of Greek-held banks raises tough questions for Romania. Who will be able to replace the financing and how will they do it? The Greek banks are awaiting impatiently the more

22 mai 2012

Romanian glass container producer Stirom Bucharest (STIB.RO) reported profit of 1.65 million lei (EUR380,000) in the first quarter of 2012, down 68.3% on the year, and sales of RON38.45 million more

22 mai 2012

Over 40% of Romania's general public and more than 36% of local authority officials say they are worse off than last year, and one third of the public expect things to get worse next year, says a more

22 mai 2012

Romania's Chamber of Deputies on Tuesday adopted a bill introducing a single-winner first-past-the-post system in general elections, while eliminating the election threshold. more

22 mai 2012

Romania's Government plans to reduce the subsidies provided to farmers with debts to the Agency of State Domains (ADS), rather than wait to recoup the 100 million lei (EUR22.5 million) liability in more

22 mai 2012

Direct sales company Amway Romania announced Tuesday that its turnover dropped 14% to 78 million lei (EUR17.5 million) last year, because of the difficult economic context. more

22 mai 2012

With the local software market stagnating at about EUR700 million last year, developers are looking increasingly more often at the international market to boost revenue. This is why the countries in more

22 mai 2012

The Pizza Hut restaurant chain is resuming expansion on the restaurant format after an about four-year break, and this could be a first signal that the company expects consumption to rebound. Pizza more

22 mai 2012

The luxury car market overshot the EUR6.5 million mark in the first four months of the year, according to a ZF analysis based on the top of the line models of the most exclusive cars registered on the more

22 mai 2012

Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt was more

21 mai 2012

Romania's Senate on Monday adopted the bill ratifying the European Union's fiscal stability treaty, following its adoption by the Chamber of Deputies two weeks ago. more

21 mai 2012

More than 1,400 employees left the Romanian banking system in the first three months of 2012, one of the most significant quarterly declines since the start of the crisis. more

21 mai 2012

The fast, excessive and erratic reduction of lending by euro zone banks on the local market is the greatest risk threatening Romania, the central bank (BNR) believes, as a consequence of the more

21 mai 2012

Seventeen auto brands out of 44 sold in Romania posted higher sales in the first four months of the year compared with the year-ago period, according to a ZF analysis based on the data provided by the more

21 mai 2012

Two weeks after the new Government took office, one quarter of the jobs of state secretaries with in the ministries are still not filled. The sharing out of jobs from state secretaries downwards, a more

21 mai 2012

Marinel Burduja is getting ready to conclude the most important period of his banking career - the ten years during which he built the corporate banking division of Raiffeisen, but says he is full of more

21 mai 2012

Almost 1,000 companies with bank deposits above 100,000 liquidated their deposits, while the number of depositors holding less than that amount fell by 7,800, according to the bank deposit guarantee more

20 mai 2012

Romanian Agriculture Minister Daniel Constantin said Sunday that he will sponsor a bill package to promote Romanian food products and stimulate their sale in hypermarkets. more

20 mai 2012

Ioan Folescu, general manager of Romanian energy supplier Electrica, resigned Friday, after the new administration expressed its doubts over his lack of political involvement. more

20 mai 2012

Romanian President Traian Basescu said Saturday, in Chicago, during a meeting with Romanians living in the USA, that it is unlikely that Tarom will resume flights to the US, since they cause more

18 mai 2012

Romania's state-owned postal operator, Posta Romana, will sack almost 20% of its staff to avoid insolvency, with 1,029 employees to leave over the next three months and a further 5,500 employees in more

18 mai 2012

President Traian Basescu said Friday that any of the alternative energy supply projects in the Balkan region is a win for Romania, whether it is Nabucco, the South East Europe Pipeline or the Southern more