09.24.2014

Back in 2008, Romania's economy had only one company, OMV Petrom (SNP.RO), with revenue above ten billion lei (more than EUR2 billion). Now it has four (Automobile Dacia, OMV Petrom SA, OMV Petrom more

09.24.2014

All state-run companies should go public, says Dan Paul, chairman of the Brokers’ Association. more

08.21.2014

The cash accumulated in the accounts of the ten largest listed companies on the Bucharest Stock Exchange stood at more than 15 billion lei (EUR3.4 billion) at the end of June, which could signal they more

08.19.2014

A total of 454,000 active companies posted turnover of EUR250 billion in 2013, with the top 1,200 accounting for half of that. Net result from profits and losses stood at more than EUR4 billion. more

06.25.2014

The Bucharest National Airport Company expects revenues of 676.8 million lei (EUR154 million) in 2014, up 1% from RON668.6 million forecasted for 2013, and gross profit of RON32.8 million, higher by more

06.02.2014

The number of Italian companies investing in Romania is on the rise and the stability of the economic environment is essential to attract even more firms, said the Italian Ambassador to Romania, Diego more

05.29.2014

Romania’s Transport Ministry dismissed Thursday the Managing Board of the Bucharest National Airport Company and named a new Board which will act on an interim capacity, investment fund Fondul more

05.22.2014

Bucharest-based construction company Delta ACM 93, controlled by businessman Florea Diaconu, will transfer part of its patrimony and the real estate operations to a new entity, Carpati Asset more

05.07.2014

At the end of the first quarter of 2014, individual clients came to generate 65% of Centrul Medical Medsana receipts, up from 60% a year before, says Vassilis Chaniotis, general manager of the more

03.07.2014

The new Minister-delegate for SMEs and Tourism, Florin Jianu, Friday said that he plans to extend the facilities provided by the beginner entrepreneur program, allowing Romanians who did not own a more

12.05.2013

Romania’s government is trying to persuade oil companies not to hike fuel prices after an increase in fuel excises planned for next year, and offers to delay increases of the share of biofuels that more

12.03.2013

The most valuable consumer goods companies in Romania are worth over EUR2.2B, according to this year’s edition of the Top 100 Most Valuable Companies in Romania launched last week. more

11.14.2013

Corporate energy consumers say their energy bills have fallen by around 5% to 10% since the beginning of the year, while the price of energy traded through bilateral contracts on energy exchange OPCOM more

10.09.2013

Romanian companies had EUR11 billion worth of loans taken directly from banks abroad in mid this year, EUR500 million less than in September 2012, according to the data published by the central bank. more

10.08.2013

Romania’s new Insolvency Code, to take effect on October 25, will impact small- and medium-sized companies, whose reorganization can’t be carried out in only one year, and will push them into more

09.19.2013

Romanian companies involved in international trade must comply with the new Community customs norms to take effect on November 1, KPMG said in a press release Thursday. more

07.15.2013

The most profitable companies in Romania posted EUR3.755 billion net profit together last year. OMV Petrom (SNP.RO) was the top profit maker, with its EUR864.1 million accounting for 23% of the total, more

07.04.2013

The Bucharest National Airport Company (CNAB) has received the Romanian government’s approval to hire 35 new people and increase its employee expenses by more than 5.3 million lei (EUR1.2 million). more

06.24.2013

The turnovers of the five largest players on the Romanian market of recruitment and temporary work went up by almost 14% last year against 2011 amid companies’ need for “rented” staff, whom they more

06.20.2013

Romania’s state assets privatization office OPSPI has completed a shortlist of candidates for members in the managing boards of electricity supplier Electrica and Electrica Serv and in the more

06.20.2013

The revenues of the 10 largest oil companies in Romania rose by over EUR1 billion last year to almost EUR14 billion, on a market where fuel demand fell by around 2%-3%. more

06.04.2013

The overall liquidity of the 70 companies on the stock exchange (banks excluded) amounted to a little over 4 billion lei (EUR923 million) at the end of March. Companies have dividends of RON3 billion more

05.31.2013

Romanian state-owned airline Tarom tops the list of state companies which granted the highest monthly average gross pay to their managers in the first quarter of the year, according to Finance more

05.30.2013

The 100 largest exporters in Romania ship EUR22 billion to EUR23 billion worth of products abroad every year, but information about how much companies like Dacia, OMV Petrom (SNP.RO), Ford and more

05.29.2013

Romanian state-owned company managers make between 11,250 lei (about EUR2,600) and RON66,642 per month, and executive board members earn RON132 to RON33,000 monthly, according to a document presented more