08.30.2012

Romania has 37 companies in the Central European top 500 by turnover in 2011, according to a study by Deloitte. more

08.23.2012

Romania’s Government wants to amend the corporate governance law so professional managers at state-owned companies will be appointed within at most nine months, as well as set a list of three more

08.23.2012

Romania’s Government and the International Monetary Fund have set new deadlines to appoint private managers at multiple state-owned companies, such as gas producer Romgaz, natural gas transporter more

08.23.2012

The Government needs to stop the faulty management at state-owned companies, by any means necessary– insolvency, privatization or private management. It is outrageous for companies with turnovers more

08.14.2012

Romanian electricity and natural gas producers may have to pay an extraordinary tax on the supplementary revenues obtained following price deregulations on the local market, an official of the Finance more

08.13.2012

The financial crisis over the past three years has “brought down” many malls, housing projects and store chains, as well as tens of plants operating in the food, industrial and construction more

08.13.2012

Half of the 32 listed companies that have so far published their first-half financial results reported a higher turnover, while the other half had lower sales. more

08.10.2012

The biggest campaign to recruit CEOs for state-owned companies subordinated to the Transport Ministry, which started a few days ago, risks to lose its credibility, after on Thursday representatives of more

08.10.2012

More than a quarter of the 300 largest companies in Romania by turnover recorded losses last year, with 44 of them posting losses of over EUR10 million, reveals a ZF analysis. more

08.03.2012

Romania’s mandatory minimum stocks of oil products will be financed in 2012 entirely from the budgets of oil companies, according to a draft government decision. more

07.31.2012

Romania's Government will cover 40%-50% of the salary expenses of companies that create at least 200 high-skilled jobs, for two years, under a state aid scheme approved Tuesday. more

07.25.2012

Most analysts on the capital market believe the serious depreciation of the leu against the main currencies over the last few months will generally have a negative impact on the companies’ results more

07.20.2012

Procedures to select private managers at 48 state-owned companies were launched last week and the selection will be finished by the end of the year, Romanian Economy Minister Daniel Chitoiu said more

07.19.2012

Four out of ten companies in the top 100 companies of the world ranking compiled by the Fortune Magazine have operations in Romania, but very few of the world’s giants have a manufacturing business more

07.09.2012

Romania’s rolling stock manufacturers Astra Vagoane Arad, Meva and Romvag Caracal, under insolvency, were taken over by an undisclosed German investor, in a EUR30 million deal, the liquidator of the more

07.08.2012

Romanian public institutions and state-owned companies spent over 150 million lei (EUR33 million) on legal services between 2009 and May 31, 2012, during the democrat liberal administration, a report more

07.05.2012

Romania will appoint private managers in four state-run companies until July 25 at the latest, Economy Minister Daniel Chitoiu said Thursday. more

07.05.2012

Romania’s Economy Ministry on Thursday said it set off procedures to select the consultants that will recruit professional managers to run 47 state-owned companies. more

07.04.2012

OMV Petrom (SNP.RO), Dacia and Rompetrol remained the largest companies in Romania in 2011, having posted more than 53.6 billion lei (EUR12.6 billion) in revenue, according to the data provided by the more

07.02.2012

Two companies operating in the energy sector are interested in acquiring steam generator maker Vulcan Bucuresti (VULC.RO), owned by Romanian businessman Ovidiu Tender, people close to the matter told more

07.02.2012

In the two months since being instated, Romania’s new government has mainly stood out through political disputes and failed to come up with any concrete plans to restart the economy, at a time when more

07.02.2012

Cristian Nacu, partner of Polish private equity firm Enterprise Investors, one of the most active in recent years, says the company will go ahead with its acquisitions despite the fact that consumer more

07.02.2012

Oil companies saw a new year of growth in 2011, mainly due to significant price hikes despite the fact that the Romanian market continued to be affected by low purchasing power. more

06.28.2012

Five Romanian firms will receive 27.2 million lei (EUR6.1 million) in non-refundable financing from the European Union and the state budget, for investments with a total value of RON101.5 million more

06.22.2012

Romania’s government extends by one year, until December 31, 2013, a deadline to list minority stakes in several state-owned companies on the Bucharest Stock Exchange and on international markets, more