11.21.2013

Romania’s auto industry has higher potential compared to other states in Central and Eastern Europe (CEE) and its future growth will generate both risks and opportunities for the economies of CEE more

11.18.2013

Romania’s government should lower its support for renewable energy or it will hinder the local energy industry’s competitiveness on a European and global level, the Association of Large Industrial more

11.13.2013

Software companies operating in Romania currently employ some 60,000 people and about 80% of them have technical education. Some 90% of programmers and engineers work in outsourcing or in a business more

11.04.2013

Romania’s industrial producer price index inched 0.2% higher in September, helped by increases in most sectors, after a 0.2% decline a month earlier, the country’s statistics institute INS said more

10.09.2013

Electroputere Craiova (EPT.RO), once a flagship company of Romania’s industry, is now worth EUR0.6 million on the Bucharest Stock Exchange, 76 times less than upon its privatization to Al-Arrab more

10.02.2013

Romania’s industrial producer price index inched down 0.2% in August compared with a month earlier, but were up 0.6% with the same period of 2012, the country’s statistics institute INS said more

09.13.2013

Aeronautical giants EADS and Boeing plan to outsource production to peripheral countries like Romania and Poland, and their orders currently represent the main pillars for the development of the more

09.12.2013

Romania’s industrial production rose 7.3% on the year in July, the second largest increase in the European Union, official data showed Thursday. more

09.12.2013

Romanian authorities must give foreign investors reasons to keep investing locally and the pharmaceutical industry can help recover the gap created by the gradul decline in foreign direct investments more

07.12.2013

Romania’s industrial production plummeted 10.7% on the month in May, the sharpest decline in the European Union, official data showed Friday. more

07.05.2013

Over 100 dairy and cheese plants were closed between 2008 and 2012, while the number of major plants with over 250 employees was reduced to eight (from 14 in 2008), according to a ZF analysis based on more

06.19.2013

Oil, car manufacturing and food retail are the industries that supply the biggest number of top-ranking companies in the Romanian economy. The top ten players had sales of EUR20 billion last year, up more

06.14.2013

The second day of ZF Bankers Summit ’13 brought up the weaknesses in the economy and the issue of insolvencies weighing on banks’ loan portfolios. One solution would be for the state to more

06.06.2013

Production, quality and financial managers in the car part sector earn net income of over EUR2,000 per month, shows data of real estate consultancy Jones Lang LaSalle. more

06.04.2013

Investors are still interested in the Romanian car market, while most of them are already present in the local car industry with older projects, Opel Romania general manager Cristian Milea said more

05.15.2013

Finnish software company Elektrobit has opened its first research and development center in Romania following a EUR0.8 million investment. more

05.14.2013

Romanian adjusted industrial production inched 0.3% higher in March compared with a month earlier, mainly due to higher output in the energy sector, the country’s statistics institute INS said more

04.18.2013

Auto industry wiring manufacturer Leoni Wiring Systems Arad, the subsidiary of German group Leoni, with global sales of EUR3.7 billion, will this year hire 500 people at the Arad plant. The company more

04.09.2013

The wood industry, where the most important competitors are Austrian-held will have a good 2013 judging from the budgets of the main players. more

03.27.2013

Local furniture industry is bracing itself for a new year of decline, the fifth in a row since 2009, when it started. The main players say they will have a difficult year on the Romanian market, set more

03.13.2013

Romanian adjusted industrial production inched up 0.3% in January compared with the previous month, on higher output in the mining and manufacturing sectors, the country’s statistics institute INS more

03.07.2013

Romania’s industry is dealt blow after blow: chemical plant Oltchim, refinery Arpechim, and steel plants Mechel are falling apart and the Government cannot find solutions. Where is Romanian industry more

03.03.2013

Romania must revitalize industries and privatize most of its state-run companies, Economy Minister Varujan Vosganian said Sunday in an interview for private television Pro TV. more

02.27.2013

The last six months brought about five top management changes in the local electrical and computer retail and manufacturing industry. more

02.21.2013

The beer industry showed the first strong signs of rebound last year when it posted growth of almost 5%, according to ZF’s calculations based on National Statistics Institute data. more