11.19.2014

Beer sales in Romania fell 7% in the first nine months of 2014, continuing the downward trend of 2013 and of the first half of the year, due to unfavorable weather. Not even the soccer World Cup was more

10.22.2014

The volume of transactions on the Bucharest forex market dropped 7% in the first nine months to EUR284 billion or a daily average of EUR1.5 billion, as a result of the lack of foreign currency in the more

08.06.2014

Metro Cash&Carry Romania, which operates 26 Metro stores and six Metro Punct stores, ended last year with EUR1.07 billion revenue, down more than 5% on 2012 and almost 40% lower than in 2007, its best more

07.29.2014

Ahead of the summer months, beer sales in Romania fell 20% in May, when they should have normally started to pick up, being the worst decline since May 2005. more

07.25.2014

Dacia and Ford assembled 210,519 cars in the first half, 6% fewer than in the year-ago period, according to the Automotive Manufacturers and Importers Association (APIA). more

07.01.2014

The decline in total salaries is the price Romania pays for selling itself as a country of highly skilled yet cheap labor. Which explains why the flat consumer spending. more

06.04.2014

The sales of the B-Max model made in Craiova, southern Romania, fell 9% in the first quarter of the year to less than 16,900 units in Europe, on a small multipurpose vehicle (MPV) market that grew by more

05.13.2014

Steel plant ArcelorMittal, the main employer in Galati, a county with an almost 10% jobless rate, continued in 2013 the harsh restructuring steps that it started upon privatization. more

04.18.2014

The stock of loans granted by non-bank financial institutions (NBFI) has shrunk by almost 6 billion lei (EUR1.34 billion) or 25% to RON18 billion from the end of 2009 through February 2014, according more

04.03.2014

Retail sales rose 9% on the year in February, reaching a two-year high, but tax collections to the state budget did not increase as a result. more

03.14.2014

The shares of the five regional investment funds (SIF) are down compared with the beginning of the year and the SIFs that announced they would not be paying any dividends suffered the most: SIF more

03.03.2014

The Bucharest Stock Exchange did not show any signs of rebound in February, either, after a slow January, even though most listed companies posted growing financial results, while the international more

02.25.2014

Infrastructure works witnessed a new decline of almost 2% last year, as the government cut investments and EU funds for roads and railways were frozen in the first half. Furthermore, it is not yet more

02.25.2014

Romania’s largest natural gas producer Romgaz (SNG.RO) has reduced by almost 20% its production in the past decade. The only good news is that decline slowed down in 2008-2012. more

02.05.2014

Rising imports of pork from Hungary, which lowered its sales tax on pork from 27% to 5% starting January 1, 2014, might trigger lower pork prices in Romania in upcoming months, Ioan Ladosi, head of more

01.08.2014

Timisoara (western Romania) is the only large city in Romania where the average housing prices increased in 2013, whereas capital city Bucharest saw the highest price decline last year, according to a more

10.25.2013

The Bucharest Stock Exchange’s BET-NG index, which tracks the performance of companies in the energy sector, has been on downward trend since the beginning of the year due to a 6% decline in power more

10.15.2013

The auto market, both in Europe and in Romania, will continue its decline in 2013 and in 2014, as car sales are affected by the difficult economic context, said Israel Meir, chief executive officer of more

09.12.2013

Consumer loan stock fell by the equivalent of 21 billion lei (EUR4.6 billion) in July, from the record high reached in February 2009, when the financial crisis hit Romania. more

08.20.2013

New car registrations in Romania dropped 5% to 5,700 units on the year in July, according to data provided by the Interior Ministry’s Driving License and Vehicle Registration Department (DRPCIV). more

05.21.2013

Danone Romania, a unit of French food group Danone, reported 4% lower revenues in euros, to EUR113.6 million, in 2012, according to ZF calculations based on company data. more

02.25.2013

Orange improved its financial results every month in 2012 and the upward trend will continue in 2013, but as long as revenues decline, the company needs to find ways to increase efficiency, more

02.25.2013

Romanian electronics retailer Flanco will see an increase of at least 20% in revenue this year, even though the local profile market will grow only by 10%, says Flanco chief executive officer Violeta more

01.28.2013

Romanian automaker Dacia manufactured a little more than 307,000 cars in 2012 at its plant in Mioveni, southern Romania, down 6% from 2011, the second year of production decline. more

10.17.2012

The software services market might decrease to EUR700 million in 2012, which translates into EUR35 per capita, Wednesday said Eugen Schwab Chesaru, managing partner for Eastern Europe at Pierre Audoin more