12 apr 2012

Romania's national TV network (TVR) earned 29,551,980 lei (EUR6.75 million) from advertising in 2011, 20.94% lower compared with 2010, according to its report presented to the Parliament on Thursday. more

12 apr 2012

Dragos Doros, formerly director within Romania's Finance Ministry and currently partner in the tax department of law firm Nestor Nestor Diculescu Kingston Petersen, returns to the Finance Ministry as more

12 apr 2012

Romanian farmers should pool their resources and form cooperatives, bringing back to the agricultural sector part of the population that left to work abroad, said minister Stelian Fuia. more

12 apr 2012

Romanian farmers and local communities are on their knees before foreign banks, so the agricultural sector needs a farmers' bank, minister Stelian Fuia told MEDIAFAX on Thursday. more

12 apr 2012

The privatization of Romania's postal company will be completed at the end of this year or in the first months of 2013, not in June 2012, as initially agreed with the IMF, which is an unrealistic more

12 apr 2012

Romanians’ appetite for long-term savings has increased spectacularly lately thanks to the more generous offers from banks attempting to balance their portfolios. more

12 apr 2012

The cheapest highway built in the past few years in Romania is Timisoara-Arad, where the cost per km is around EUR3.5 million, according to a ZF analysis based on information supplied by national more

12 apr 2012

Almost three quarters of the companies listed on the Bucharest Stock Exchange budgeted higher revenue for this year. The same number of companies see bottom line improving, too, which means either more

12 apr 2012

Computer Generated Solutions, EBS, iQuest and Pentalog are but some of the foreign companies to have hired several hundred people in Sibiu (central Romania), as the city is, along with Brasov, the new more

12 apr 2012

US agricultural seeds producer Monsanto, a giant with $11 billion (EUR8.4 billion) in turnover worldwide and one of the world’s most controversial companies, will invest $50 million (around EUR40 more

12 apr 2012

Nuclearelectrica, the second-largest power producer in Romania after Hidroelectrica, with a market share of over 19%, posted five times higher net profit at the end of 2011 than in 2010. However, the more

12 apr 2012

Air One, the low-cost unit of regular airline Alitalia, will enter the Romanian market on July 1 when it starts offering two flights a week on the Bucharest-Venice route, according to the company’s more

11 apr 2012

The reorganization of Romania's tax authority ANAF and improvements to the relationship between taxpayers and fiscal authorities will result in an increase to budget revenue of a few points on the more

11 apr 2012

Romania's Government has allotted 7.45 million lei (EUR1.7 million) to compensate potato farmers whose crops were damaged by pathogens two years ago. more

11 apr 2012

Romania's Government has increased the value of state subsidies this year for poultry and pig welfare by 66.48 million lei (EUR15.19 million), the Agriculture Ministry announced Wednesday. more

11 apr 2012

Romania's Government has added expanded the list of priority investments financed by the European Union from 100 to 150 projects, and has raised the total value of financing from around EUR8 billion more

11 apr 2012

Vodafone, which will compete for a mobile telephony license for the period up to 2029, has sent to telecom regulator ANCOM proposals of changing the tender documents for the largest radio spectrum more

11 apr 2012

After years in which the authorities and politicians have just talked about taxing agriculture, the Finance Ministry readily admits “agriculture is less taxed than the rest of economic sectors,” more

11 apr 2012

Maria Gherghe buys all the copper from Cupru Min via Ronefer SRL Voluntari and sells it to China. She used to be an employee of the Metallurgy Ministry and then of Conef, the company that controlled more

11 apr 2012

Chinese investors will complete a EUR15 million investment in a brick plant in Constanta County (SE Romania), the only greenfield manufacturing investment ever made by a Chinese-held company on the more

11 apr 2012

Ten billion euros spent yearly on public procurement contracts awarded through the Electronic Public Procurement System (SEAP) alone, over 80,000 procedures of awarding contracts through this more

11 apr 2012

The local market of mutual funds ended the first quarter of the year with 8,562 billion lei (EUR1.96 billion), 4% more than at the beginning of year mainly because of the new money raised from more

11 apr 2012

Agrofarm Holding, one of the top ten agricultural producers on the Romanian market, will record a EUR23 million turnover this year, down 8% on 2011. The turnover decline is due to the drought that did more

11 apr 2012

Emil Pop, general manager of Rehau Polymer, the local subsidiary of German group Rehau, thinks 2012 will not come with major surprises for the Romanian economy, but expects the direction that the more

10 apr 2012

President Traian Basescu said Tuesday that Romania has no further options to create jobs, unless it responsibly considers a new start to mining, made attractive by the evolution in the foreign prices more