05.23.2016

The largest independent cable TV service provider in Romania, which operates under the AKTA brand via two companies – Digital Cable Systems (DCS) and AKTA Telecom, posted 226.13 million lei (EUR50 more

05.18.2016

Real estate company Re/Max Grup de Lux expects the real estate market in north-western city of Cluj-Napoca will exceed the EUR1 billion mark in 2016. more

05.17.2016

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) reported a profit of RON7.1 million in January-March 2016, up 18% from the year-earlier period. more

05.12.2016

Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish Autoliv group, posted growth of 25% in revenue to more than 3 billion lei (EUR668 million) last year, more

05.10.2016

Romania’s Finance Ministry has proposed supplementing by RON500 million the guarantee ceiling for this year’s government-guaranteed mortgage lending First Home program, in response to the requests more

05.05.2016

The largest insurers in Romania posted higher annual profits in 2015, which means the overall loss of the market might drop this year, though a return to profit in 2016 is unlikely. more

04.15.2016

IT training services provider Bittnet Systems (BNET.RO), listed on the alternative trading system (AeRO) of the Bucharest Stock Exchange, saw a 35% increase in total revenue against the previous year, more

04.15.2016

Romania's auto market grew 11.4% in annual terms in January- March 2016, to 19,951 units, the Romanian Automotive Manufacturers and Importers Association (APIA) said Friday. more

04.15.2016

Synevo Romania, the local lab division of Swedish healthcare services provider Medicover, registered a 12% higher turnover in 2015, overshooting the RON150 million mark for the first time, according more

04.14.2016

Hertz Lease wants to reach a fleet of 2,000 vehicles by the end of 2016, considering that it expects the Romanian operating leasing to grow 13% this year. more

04.10.2016

The number of limited liability companies – startups (SRL-D) in Romania, a type of business launched on the Romanian market in 2011, based on a national startup financing program, reached 27,816 more

04.04.2016

Warren Buffett, world’s most powerful investor, has operated a $10 million capital increase at Lubrizol Romania. more

03.29.2016

Touring Europabus (Eurolines) of entrepreneur Dragos Anastasiu carried 135,000 Romanian passengers in its buses on international routes last year, 4.5% more than in 2014, the company officials say. more

03.28.2016

Leu-denominated consumer loans reached 31.6 billion (EUR7 billion) in February, an increase of 14% on the year-ago month. Leu-denominated personal loans therefore reached the highest level since May more

03.23.2016

Romania’s apparel, footwear and sporting goods market increased by more than 5% to 16 billion lei (EUR3.6 billion) last year, according to market research company Euromonitor data. more

03.22.2016

Entersoft Romania’s turnover exceeded half a million euros in 2015 and is expected to increase by at least 30% in 2016, while its profit is expected to see double-digit growth this year, the company more

03.15.2016

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03.13.2016

The number of apartments finalized last year in Romania rose 5% on the year, to approximately 47,000 units, a level exceeded only in 2010, when the number of finalized apartments rose by nearly 2,000, more

03.01.2016

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02.24.2016

Henri Coanda (Otopeni) International Airport in Bucharest, Romania’s largest, saw the second highest growth in passenger numbers in the region in 2015, ending the year behind Budapest and ahead of more

02.04.2016

Retail sales, the main indicator of consumer spending, may have grown by 8.9% in Romania in 2015 but they still need 1.6% more to be able to match the 2008 level, according to ZF’s calculations. more

01.29.2016

Romania’s power production went up by about 1.7% to 61.6 TWh last year, the highest level since 2003, European Network Of Transmission System Operators For Electricity (ENTSO-E) data show. more

01.13.2016

Loans to the agricultural sector saw the fastest increase in January-November 2015, compared with the same time in 2014, 8%, while other sectors like industry and services saw only modest increase. On more

12.09.2015

Pensions will be raised by 5% in 2016, instead of 4.31% as previously calculated, therefore, the pension point will rise to RON871.7, from RON830.2 in 2015, as per an emergency ordinance approved by more

12.04.2015

Czech-held utilities group CEZ operated the highest capital increase in October, injecting about EUR130 million into CEZ Distributie, the heart of the group in Romania, which serves 1.4 million more