10 mai 2012

Over 2,500 managers from local companies were present on Wednesday at a Bucharest conference held by British billionaire Richard Branson, founder of Virgin Group, an empire with 300 companies with more

10 mai 2012

Carmen and Sorin Seitan, with 16 years’ experience in fashion retail, are opening a new luxury store this year. The two entrepreneurs will bring one of the world’s most expensive brands, Brunello more

10 mai 2012

The quest to identify the chief executive officer of Complexul Energetic Oltenia (Oltenia Energy Complex) has now begun with the choice of Kienbaum, Germany’s largest executive search firm, for the more

9 mai 2012

Romania's social health insurance fund will be out more than 760 million lei (EUR172 million) this year, as a share of contributions from pensions over RON740 will no longer be charged, and the loss more

9 mai 2012

Certasig has insured the opening ceremony of the Europa League final for EUR6.2 million, the most expensive policy sealed by a Romanian insurer for a local event. more

9 mai 2012

Romanian insurer ING Asigurari de Viata reported underwritten premiums of 133.3 million lei (EUR30.185 million) in the first three months of the year, close to the RON133.5 million posted in the first more

9 mai 2012

Romania will find out whether the EUR200 million spent on the National Arena were worth it or not this Wednesday. The UEFA Europa League final brought 30,000 tourists to Bucharest. more

9 mai 2012

Gheorghe Gherghina, also known as the “father of the budget”, Serban Pop, recently appointed at the helm of the fiscal authorities, and Cristian Sporis, the banker turned secretary of state in more

9 mai 2012

United Romanian Breweries Bereprod (URBB), whose portfolio includes Tuborg and Carlsberg beers, Bilbor water and Granini soft drinks, ended the first quarter of the year with stagnating sales compared more

9 mai 2012

Romania should continue the privatization and the listing of state-owned companies despite the change in government, to avoid losing foreign investors' trust, say capital market specialists. more

9 mai 2012

Argus Constanta, a top ten vegetable oil producer in Romania, ended last year with 7.9 million lei (EUR1.8 million) net profit, half the 2010 level. The profit decline came after a 30% increase in the more

9 mai 2012

Radu Mavrodin, the executive who took over as HR manager for Renault in Romania in 2009, was promoted to human resources manager for a region of about sixty markets as of May 1. more

9 mai 2012

Emil Delibashev, commercial manager of British Airways for the Balkan area and Hungary, which operates non-stop flights on the Bucharest-London route, says revenues from the sale of airplane tickets more

8 mai 2012

Romania's Government will carry out this year's first budget revision at the end of July, Finance Minister Florin Georgescu announced Tuesday. more

8 mai 2012

Romania's Government on Tuesday decided to recover the funds allotted by the previous administration to local authorities, from the budget reserve fund, and not yet spent. more

8 mai 2012

More than 60% of Romanians believe the country's economic situation is very poor and four out of ten think it will get worse in the next six months, according to a study by ISRA Center. more

8 mai 2012

The turnover of Romanian IT service provider Omnilogic shrunk 43% last year, to $91 million, in line with the results of the local IT market, said general manager Gabriel Marin. more

8 mai 2012

Romania's Government and the IMF have discussed refunding pensioners their health insurance payments in 16 installments, corresponding to the 16 months (January 2011-April 2012) during which they were more

8 mai 2012

Bucharest subway operator Metrorex will hold a tender at the end of May to buy electricity for one year, through a contract worth an estimated 62.64 million lei (EUR14.22 million). more

8 mai 2012

Romania's Chamber of Deputies on Tuesday adopted a bill granting tax amnesty to around 300,000 public sector employees obliged to give back bonuses received in 2008-2010. more

8 mai 2012

More than 400,000 vehicles will be assembled in Romania in the two plants in Mioveni and Craiova (south of the country) this year, writes the “Auto Market 2012” yearbook published by ZF. more

8 mai 2012

The average interest rate displayed by banks for household deposits in lei has diminished by a quarter of a percent in March to 6.24% a year, with the plentiful liquidity on the market putting more

8 mai 2012

Major energy groups operating in Romania say the local market might be faced with an electricity shortage as of 2016 because most of the country’s thermoelectric or hydroelectric power plants are more

8 mai 2012

The penalties of 0.05% a day have not had any effect on the three out of four construction companies which have not completed works on A3 Bucharest-Ploiesti highway, with one single section being more

8 mai 2012

Businessman Mihai Miron, who controls pharmaceutical company Ropharma, says he plans to have production growth outstrip total turnover growth this year. This is the first time Mihai Miron has ever more