12.28.2012

A number of 1,250 companies had a cumulated turnover of over EUR118 billion in 2011, accounting for around 50% of the overall EUR226 billion turnover of all companies in Romania, shows an analysis more

12.27.2012

The Romanian Government decided in Thursday session the indemnity of state-owned companies heads will be limited in 2013, while the employees' salaries will increase by maximum 3%, according to the more

12.24.2012

Mic.ro, Hidroelectrica, Tnuva, a few real estate developers and 15,000 other businesses were unable to pay their debts this year and were forced to file for insolvency and part of them went bankrupt. more

12.22.2012

Romania will continue underway listing procedures targeting state-run companies and will hold new talks with the International Monetary Fund on the companies whose listing has been put off, Economy more

12.21.2012

Any share capital hike through cash inflow of the companies listed on the Bucharest Bourse will be operated by brokers as of January 15, according to the Romanian Securities Commission, or CNVM. more

12.07.2012

TMK Artrom Slatina (ART.RO), Uamt Oradea (UAM.RO), Comelf Bistrita (CMF.RO), Foraj Sonde Craiova (FOR.RO) and Mobila Alfa (ALF.RO) are the only stocks from the first wave of floatation on the more

11.27.2012

Business profitability ratios in Romania fell to 0.53% on average in 2011, from 1.6% a year earlier, a report from advisory firm Expense Reduction Analysts (ERA) Romania showed Tuesday. more

11.27.2012

The five leading companies on the Romanian construction market have been valued at nearly EUR1.5 billion this year, according to the seventh edition of the “100 most valuable companies in Romania," more

11.26.2012

Executive search companies Spengler Fox, Amrop, Boyden and consulting and audit firm PwC on Monday submitted offers to recruit private managers for Romania’s state-run companies, people close to the more

11.25.2012

Most construction companies on the stock exchange posted turnover declines, low profits or losses, which shows that 2012 will most likely be another “failed” year for companies in this sector. more

11.22.2012

Ziarul Financiar on Thursday launches the seventh edition of the “Top 100 most valuable companies in Romania” yearbook put together in collaboration with investment boutique Capital Partners. more

11.15.2012

Demand for corporate loans is in euros, and UniCredit Tiriac Bank continues to grant loans in foreign currency because it has the necessary resources to do that and believes it is difficult to give more

11.13.2012

Romania’s Economy Ministry said Tuesday it will resume the selection of private managers at state-owned companies included in its portfolio. more

11.09.2012

Romania will invest revenues obtained from privatizations in strategic state-owned companies in the energy and transport sectors, Finance Minister Florin Georgescu said Friday. more

11.08.2012

Romanian Prime Minister Victor Ponta on Thursday said Romania offers favorable conditions for investments despite political changes and assured American investors that he is willing to talk to them more

10.25.2012

The Government must decide which companies it keeps and privatize or liquidate the remaining ones because the Romanian sector of state-run enterprises is still oversized even when considered against more

10.23.2012

Economy Minister Daniel Chitoiu said Tuesday the ministry he runs has a number of 57 companies taken advantage of under its subordination, and the insolvency case of Romania’s energy producer more

10.22.2012

Companies that will enforce the system of collecting VAT upon invoice payment as of 2013 have to submit to the fiscal authorities by Thursday, October 25, a notification proving that their turnover more

10.17.2012

A breakdown by sectors of the most profitable 300 companies in Romania in 2011 reveals that real estate is not a business that goes smoothly for all investors, while energy, industry and construction more

10.04.2012

Romania has in the past two decades attracted around 600 Polish investors which have injected around half a billion euros in the Eastern European country. more

10.01.2012

The 300 most profitable companies in Romania last year had a cumulated profit of 25 billion lei (EUR5.86 billion), i.e. almost 40% of the total profit recorded by all companies in Romania – RON64 more

09.18.2012

Romania's Trade Registry Tuesday said 11,043 companies filed for insolvency in the first eight months of 2012, down 1.43% from 11,230 companies in the year-earlier period. more

09.11.2012

The Transport Ministry received 3,500 CVs, organized 300 interviews, and ultimately came up with 180 candidates on the shortlists of private managers for 29 jobs in five state-run companies under its more

09.06.2012

The largest Romanian privately held businesses, Interagro and Oscar Downstream, flagship companies of Ioan Niculaie and Alin Niculaie, made it into the top 500 companies by revenue in Central and more

09.05.2012

OMV Petrom (SNP.RO), the largest company on the Romanian market, lost two positions in the ranking of the top 500 companies in Central and Eastern Europe, shows research conducted by consultancy firm more