11.24.2015

Insurance company Euroins will increase its share capital by up to RON400 million, according to its financial recovery plan approved by Romania’s Financial Supervisory Authority (ASF). more

11.05.2015

Romania's operating leasing market increased by 14% in January-September 2015, versus the year-earlier period, and by 9% against the beginning of 2015, to a total 53,600 units, after profile firms more

11.03.2015

Shareholders of Romanian plastic systems maker Teraplast Bistrita (TRP.RO) will make a decision early December as regards increasing the company’s share capital by incorporating reserves of RON8.87 more

10.15.2015

Local banks had about EUR5.3 billion in medium and long-term deposits made by foreign clients, mostly support from parent banks, at the end of August, an increase of EUR100 million on the previous more

10.13.2015

Romania’s beer market rose 3.8%, by volume, to 7.6 million hectolitres, in the first half of 2015, after two consecutive years of consumption decline, the country’s brewers association said more

09.21.2015

Carpatica Asig, controlled by businessman Ilie Carabulea and currently under financial recovery, on Monday said it increased its share capital by RON2.5 million, to RON24.3 million, through more

09.02.2015

Individual customers took out 2.6 billion lei (EUR586 million) new leu-denominated loans in July, RON800 million more than in the year-ago month, while companies borrowed RON1.9 billion worth (EUR430 more

08.11.2015

The Romanian financial leasing market rose 16% on the year to EUR769 million in the first half of 2015, backed by the financing of vehicles, which saw an 18% increase, and by the financing of building more

07.24.2015

Romanian lender Banca Transilvania (TLV.RO) has completed an increase in share capital by 417.38 million lei, from RON2.608 billion to RON3.03 billion, by issuing 417.38 million new shares distributed more

07.22.2015

Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) registered a pre-tax profit of RON31.7 million in the first half of 2015, compared to just RON1.6 million in the same more

07.10.2015

New car registrations rose by almost 25% to 8,630 units in June, according to the Driver License and Vehicle Registration Department (DRPCIV) data. more

07.07.2015

Cluj-Napoca (NW Romania), one of the major cities of Romania other than Bucharest, will see its office space stock reach 229,000 square meters this year, an increase of 23% on 2014. more

06.30.2015

The loan to deposit ratio, one of the indicators of the lending potential of the banking system, reached 93% at the end of May, the highest this year, driven by the resurgence of loan sales and the more

06.26.2015

The high demand for workforce in the IT sector has led to a fast-paced increase in salaries over the last few years, taking the average monthly net income to more than 4,500 lei (EUR1,000), 17 times more

06.10.2015

The Romanian government might approve Wednesday the increase of the price for local natural gas for household consumers to RON60/MWh, Energy Minister Andrei Gerea stated. more

05.28.2015

French-held Alcatel-Lucent, one of the largest telecommunications equipment and solutions suppliers in the world, will increase its Romanian team by 100 this year, for a total of 1,600 employees. more

04.23.2015

The final price of natural gas paid by household consumers will increase by 5-8% as of July 1, energy regulatory agency president Niculae Havrilet said Thursday. more

04.09.2015

Policolor - Orgachim group posted a two-digit increase in sales volume in the first quarter of 2015, in line with its estimates, and targets a 24% higher turnover, to EUR65.5 million for the whole of more

04.06.2015

Pharmaceutical producer Gedeon Richter Romania on Monday said it plans to increase its share capital by RON10 million (nearly EUR2.3 million), through shareholder cash contributions by issuing new more

04.02.2015

Insurance firms in Romania issuing mandatory car insurance policies RCA will pay to Street Victim Protection Fund a contribution of 2% of the volume of cashed premiums to ensure the funds needed to more

03.25.2015

Romanian lender Banca Transilvania (TLV.RO) plans to raise its share capital by 417.38 million lei (EUR94.7 million), by including part of its reserves, the bank said in a statement Wednesday. more

03.16.2015

Romania’s Finance Ministry on Monday said it decided to no longer introduce in the Tax Code draft the proposition to increase taxes on residential property. more

03.02.2015

Retailer Auchan Romania, which has a network of 32 hypermarkets, raised its share capital by EUR30 million in January 2015, to EUR299.2 million, by issuing new shares, according to a decision of the more

02.26.2015

The cash in circulation reached an all-time high of 41 billion lei (more than EUR9 billion) last month, an increase of 16% on the same time last year. The growth in January alone stood at 2% or RON750 more

02.05.2015

Wood-based panel products manufacturer Kronospan Romania, part of Austrian group Kronospan, increased its share capital by 40.2 million (EUR9 million), to RON341.7 million (EUR84.6 million). more