12.16.2015

Online travel agency Vola.ro wants to tap the corporate travel market in 2016, by acquiring a company operating in the field or by developing its own department and co-opting an experienced manager. more

12.15.2015

The tourism sector in Romania was marked by a number of international events like the crisis in Greece and the attacks in France, which made many Romanians reconsider their vacations abroad, by the more

12.02.2015

Romanian business executives expect relatively stable prices across all sectors in November 2015-January 2016, moderate growth in services and a downward trend in constructions, the statistics more

11.20.2015

Belgium-held group Atenor Atenor is negotiating the sale of Bucharest-based office compound Hermes Business Center, which consists of three office buildings covering 73,180 square meters, of which one more

10.30.2015

More than 2,000 companies turned into “zombie businesses” last year, suspending their activity or deregistering from the Trade Registry a few months after being established, most of them in more

10.28.2015

Romania climbed 11 spots and ranks 37th in World Bank’s Doing Business 2016 report, which analyzes the business environment in 189 countries, and is outranked by Macedonia, Georgia and other Baltic more

10.28.2015

Romanian business executives expect stable activity in manufacturing and retail in October-December 2015 and see moderate decline in activity and staff numbers in constructions, the statistics more

10.22.2015

Nearly 30% of family businesses in Romania with revenues exceeding EUR1 million have been handed to the second generation of entrepreneurs, while family members are recommended to have professional more

10.08.2015

Romanian brand “Bun, din România!“, launched in 2014 by supermarket chain Billa, part of German retail group REWE, may post total sales of EUR15 to EUR20 million over the next two years, more

10.08.2015

The number of employees in the business services industry will grow by over 60% until 2017, exceeding 100,000 people, according to a KPMG study for the Association of Business Service Leaders in more

10.05.2015

The first private sector managers after the fall of communism in Romania are establishing their own businesses after having run multinationals starting out in Romania for ten or twenty years. more

10.01.2015

Top executives in Romania are optimistic about the evolution of their business and economy this year, but complain about low competitiveness, according to a survey conducted by Ernst&Young. more

09.28.2015

Romanian business executives expect moderate growth in retails and the services industry in September-November compared with the previous three months, the statistics institute INS said in a survey more

09.08.2015

The stockholders of Romanian car fair operator Autovit plan to take a EUR1 million loan to buy some lands in Bucharest and other area of the country in order to expand the company’s business. more

08.28.2015

Romanian executives expect growth in all economic sectors in August-October, compared with the previous three months, most notably in retail, the statistics institute INS said in a survey released more

07.28.2015

Romanian managers expect the activity in all economic sectors will grow over the July-September period compared with the previous three months, the statistics institute INS said in a survey released more

07.08.2015

Around 20,000 corporate employees in Pipera, northern capital city Bucharest, generate revenues of EUR20 to EUR25 million for restaurants in the area, according to an analysis of ZF. more

07.06.2015

• The revenue of the companies dropped by 25 billion lei (EUR5.6 billion) in 2013 compared with the previous year * Last year was the year with the highest net profit of the past three and with the more

06.30.2015

Retailer Profi has leased 4.900 square meters in CTPark Bucharest West (formerly Mercury Business Park), recently acquired by developer CTP. more

06.29.2015

Romanian managers predict activity in retail will grow robustly over the June-August period compared with the previous three months, the statistics institute INS said in a survey released Monday. more

06.17.2015

The Bucharest Stock Exchange (BVB) organized one to one meetings between the Romanian listed companies and foreign investors during Business Investors Days, a two-day event ended Wednesday aiming to more

04.28.2015

Romanian managers predict activity in all economic sectors will grow over the April-June period compared with the previous three months, the statistics institute INS said in a survey released Tuesday. more

04.09.2015

Tax administration, corruption and political instability are the top three business environment obstacles identified by Romanian firms, according to a survey by the European Bank for Reconstruction more

03.30.2015

Romanian managers predict activity in all economic sectors will grow over the March-May period compared with the previous three months, the statistics institute INS said in a survey released Monday. more

03.22.2015

Local entrepreneur Florin Balu, founder of the Snack Attack restaurant chain sold to private equity firm Global Eye Investment in 2012, has invested about EUR100,000 together with Fratelli owners in a more