17 ian 2014

Bucharest went beyond the mark of two million square meters of offices last year, and brokers say the market fared better, with rentals of around 280,000 square meters. However, not all owners have more

7 ian 2014

Romania’s economy will most likely stagnate this year, but the online electro-IT market is poised for a significant growth, of more than 20%, according to Iulian Stanciu, general manager of eMag, more

15 mai 2013

Credit Europe Bank Romania has appointed its chief control officer Mirela Bordea as interim CEO after Omer Tetik left the bank to take on the CEO position at Banca Transilvania (TLV.RO), the bank said more

14 mai 2013

Romania has been Europe’s top investor in public sector projects in terms of GDP share over the past 10 years, but its investment-to-performance ratio is far from satisfactory, a senior economist more

9 mai 2013

Romania’s luxury market started suffering from the crisis as late as last year, after having previously remained unaffected by consumer spending and the difficult economy, says Andrei Alecu, one of more

25 apr 2013

Sporting goods retailer Hervis expects a two-digit growth in Romania for 2013 despite a slower start of the year compared with 2012, general manager Catalin Pozdarie said. more

16 apr 2013

Raiffeisen Bank Romania’s former vice-president Marinel Burduja has joined the board of directors of the local unit of Israeli Bank Leumi. more

11 apr 2013

Romanian cold cuts producer Caroli Foods Group stepped into the black in 2012 after two years of losses. more

18 mar 2013

PVC profiles maker Gealan Romania kept its sales steady in 2012 and estimates its turnover will climb some 10% this year supported by direct exports and the increase of its portfolio. more

6 feb 2013

State-owned companies are “like a stone around Romania’s neck” and hold back the country’s growth, which Romania cannot afford, Martin Harris, the UK’s ambassador to Bucharest, told ZF in an more

1 feb 2013

South-African investment fund New Europe Property Investment (NEP.RO) could buy one of the leading business centers in Bucharest in a deal estimated at around EUR70 million. more

31 ian 2013

U.S. pharmaceutical company Alvogen on Thursday said it acquired Romanian generic drug producer Labormed in December 2012 from private equity firm Advent International. more

29 ian 2013

Italian household appliances producer DeLonghi will start production at its Romanian plant in Jucu, northwestern Romania, in mid-February, Cluj County Council head Horea Uioreanu said Tuesday. more

25 ian 2013

Retailer Mega Image, which operates the supermarkets by the same name and the Shop & Go convenience stores in Romania, is in talks to buy the 20-store retail chain Luca in Brasov (center of the more

25 ian 2013

Enel, E.ON, CEZ and Electrica will pay a lower amount according to the final version of the tax on monopoly they have on Romanian energy distribution networks than ZF calculated based on the initial more

4 ian 2013

Shopping center Grand Arena in southern Bucharest went insolvent at the end of last year as a result of the petitions of three construction companies. “We don’t owe a single leu,” say the owners more

12 dec 2012

Macromex, the largest local distributor of frozen products, has entered the ice cream segment by opening the La Strada mini-ice cream parlor in Mega Image in Bucharest’s Vitan mall. more

4 dec 2012

The net worth of hotel complex Radisson Blu in Romania’s capital Bucharest is seen at EUR103.5 million, according to a report by Israeli group Elbit Imaging, which holds a 77% stake in Bucuresti more

29 nov 2012

Franke Romania, the local unit of Swiss kitchen systems maker Franke Artemis, expects slightly lower sales in 2012, compared with 37 million lei (EUR8.22 million) a year before, on reduced appetite of more

29 nov 2012

Retailer Mega Image could end the year with about EUR500 million in sales and a network of 194 stores, almost double the number at the end of 2011, after the most aggressive expansion campaign in the more

22 nov 2012

Romania must step up structural reform implementation and prioritize investments to fuel economic growth in 2013, an official of the European Investment Bank said Thursday. more

21 nov 2012

Gheorghe Boeru, the entrepreneur behind Romair Consulting, one of the leading consultancy companies in European Union’s funds, posts a turnover of EUR6-8 million a year on a “market” where more

15 nov 2012

Romania’s UniCredit Leasing estimates it will grant financing worth EUR220 million in 2012, up 17% from a year before, and forecasts a 10% growth for 2013, the company’s chief executive officer more

5 nov 2012

Romanian pharmaceutical company Ropharma (RPH.RO), with operations in retail, distribution and production of medicine drugs, expects a turnover increase by at least 10% in 2012, said Mihai Miron, the more

30 oct 2012

The growth of KLG came in 2012 from new clients, as many companies cut back on the storage space. Even so, the logistics and distribution company plans to build two new warehouses in Romania, as well more