26 apr 2012

Agricover, one of the top five grain traders on the domestic market, bought 24% in Danube Grain Services from two individual shareholders. The other owner of the company is Austria’s Voestalpine more

26 apr 2012

Carrefour Property, the real estate arm of French giant Carrefour, is investing EUR65 million in a mall in Ploiesti (southern Romania) together with an investment fund, thus ignoring speculations more

25 apr 2012

Romanian telecom regulator ANCOM has put up a questionnaire on its website, to ask the public about the future use of frequency bands 453-475.5 MHz and 463-467.5 MHz. more

25 apr 2012

Romania's clunkers program and Green House scheme, which is designed to encourage the use of alternative energy systems, may be cut short in 2012 because the Environment Fund has a smaller budget, more

25 apr 2012

Romania's budget deficit in the first two months was the same as in 2011, while public debt continued to rise fast because of the Finance Ministry's policy to borrow aggressively from markets for fear more

25 apr 2012

Franklin Templeton, which manages the assets of Fondul Proprietatea investment fund, took the heads of foreign funds and investment bankers to see Romania’s biggest energy assets: the Iron Gates more

25 apr 2012

Demand for smartphones is very high this year, with over one million units to be sold, according to Sorin Manea, manager of the Telecom division of Samsung Romania, present at ZF Mobilio, an event more

25 apr 2012

Dacia Logan, the ‘crazy bet’ of Louis Schweitzer, a range of models which sold more than 1.5 million units in eight years and made the French owners almost EUR15 billion in revenue, is getting more

24 apr 2012

Romanian Banca Comerciala Carpatica (BCC.RO) posted a net profit of 8.54 million lei (EUR1.9 million) in the first quarter, compared with losses of RON13.5 million in the same period of last year, more

24 apr 2012

Romania's Transport Ministry wants to buy legal assistance services for road authority CNADNR and railway admin CFR, for projects run through the Transport Sector Operations Program (T-SOP), through a more

24 apr 2012

Romania's Government has decided to resize the National Infrastructure Development Program (PNDI), by limiting its yearly funding to one billion lei (EUR228 million), available only to projects more

24 apr 2012

Office rents in central Bucharest increased slightly in the first quarter, for the first time since the start of the crisis on the real estate market, over low supply and higher demand, according to more

24 apr 2012

From next to zero ten years ago, the debt of the public administration has reached 13.7 billion lei (EUR3 billion), practically doubling in 3-4 years’ time. This deepens the public debt, which more

24 apr 2012

Five of the top ten companies on the insurance market cut the number of employees by 8% last year, as the industry as a whole continued to restructure because of the significant business decline. more

24 apr 2012

Every year when multinational companies publish annual reports, rankings are compiled about the highest-paid executives. ZF has tried to make a ranking of the salaries of the executives of the local more

24 apr 2012

None of the top 10 banks in Romania are run by a woman, although more than two thirds of employees in the financial services sector are women, according to a ZF analysis. In the entire banking system, more

23 apr 2012

Romania's Government and the European Court of Human Rights will discuss a delay of at least six months for the amended law on nationalized property, which is due by July this year, to allow time for more

23 apr 2012

Romanian construction material retailer Dedeman, the leader of the local DIY market, will open its 28th store Friday, in Ramnicu Valcea, following a EUR12 million investment. more

23 apr 2012

Swedish retailer H&M will open a store in the Electroputere Parc Craiova shopping center next week, bringing its Romanian network to 13 units. more

23 apr 2012

The slimmer balance sheets, the decline of loan sales and implicitly of banks’ revenues forced Greek banks to close down tens of units and fire several hundred employees. more

23 apr 2012

MedLife, the largest private medical service operator on the local market, controlled by the Marcu family, is branching out into the private insurance market with MedLife Broker Asigurare Reasigurare. more

23 apr 2012

The local market saw the second-highest increase in the number of new car registrations in the first quarter of the year, according to the statistics of the European Automobile Manufacturers' more

23 apr 2012

Dacia ended the first quarter of this year with a fewer registrations in Europe, which were down almost 13% to 56,700, according to the data of the European Automobile Manufacturers' Association more

23 apr 2012

The annual spending of the local administration amounts to EUR10 billion, which means EUR40 billion in the four-years term in office of the administration - this is the huge stake of the June 10 local more

23 apr 2012

The Bucharest Stock Exchange (BVB) will soon launch a new index that will track the most traded stocks on the market and complement the already existing six indices. more