08.22.2013

Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, Thursday said its net profit rose 20% to EUR60 million in the first half, on higher revenue from lending. more

05.28.2013

Austria’s Raiffeisen Bank International AG Tuesday reported an after tax profit in Romania of EUR30 million in the first quarter, slightly lower from EUR31 million in the year-earlier period. more

05.21.2013

Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, estimates its net profit will rise 21% to around EUR106.7 million in 2013, from EUR88 million a year earlier. more

03.06.2013

Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, Wednesday said its net profit fell 8.4% on the year to EUR88 million in 2012, hurt by higher provisions. more

12.10.2012

Romanian broker Active International will cease operation on the brokerage market, Alina Petrisor, board chairman and manager of the firm, told Mediafax. more

12.05.2012

Romania is ranked 66th in the 2012 Transparency International corruption perception index, on a par with Saudi Arabia and Kuwait, up nine spots since last year. more

12.03.2012

Israeli millionaire Eyal Ofer put up for sale the 204 villas finalized in the Oxford Gardens complex in Pipera (northern Bucharest), which addresses families earning more than EUR10,000 per month, more

09.21.2012

Telus International, a provider of outsourcing services, signed a deal to buy the controlling interests in Call Point New Europe last week, thus entering Romania’s call center market on which the more

08.29.2012

Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, Wednesday said its net profit rose 28% to EUR50 million in the first half, from EUR39 million in the year-earlier more

06.25.2012

Former Orange Romania CEO Richard Moat has been appointed to the board of International Personal Finance, the parent company of Provident Financial Romania, as a non-executive director. more

05.24.2012

Austria’s Raiffeisen Bank International AG Thursday said its after tax profit in Romania almost doubled to EUR31 million in the first quarter, fueled by higher revenue from interest and falling more

04.12.2012

Mediafax Group Romania has signed an agreement with Condé Nast International to publish in Romania men's magazine Gentlemen’s Quarterly (GQ) and women’s magazine Glamour, according to a press more

03.26.2012

Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, Monday said its net profit rose 16% on the year to EUR96 million in 2011, fueled by higher income from loans. more

02.01.2012

The scarce offer of large office spaces in Bucharest will likely prompt companies to pre-rent 40% of the total surface to be delivered in the next couple of years, property consultancy firm Colliers more

01.12.2012

French group Filasa International bought three wind farm projects in eastern Romania, with a total projected capacity of more than 400 MW, according to law firm Popovici Nitu & Asociatii, which more

12.13.2011

KRUK International, the Romanian branch of Polish group KRUK, took over in the first nine months of this year receivables with a total book value of 6.3 billion lei (EUR1.45 billion), up 54% from more

12.05.2011

Realty developer Willbrook International on Monday announced that chief executive officer Daiana Voicu resigned citing personal reasons, and chief operations officer George Ispas will replace her on more

12.05.2011

Furniture maker Cotta International Arad on Monday announced that it expects sales to reach EUR65 million this year, mainly based on exports. more

12.01.2011

Romania is ranked 75th in the 2011 Transparency International corruption perception index, with 3.6 points, on a par with China, and down six positions compared to last year. more

10.20.2011

China Gezhouba Group International Engineering, active in transport infrastructure, energy and tourism, expressed its intention of “firm” involvement in the construction of the Tarnita-Lapustesti more

10.14.2011

Romanian central bank bought foreign treasuries worth 117.8 billion lei (EUR27.9 billion) in the first eight months, equal to roughly 76% of the overall international reserves. more

10.05.2011

Realty developer Willbrook International launched Wednesday the Willbrook Platinum center for business and conference, in northern Bucharest, following an investment of EUR100 million. more

08.25.2011

Austria’s Raiffeisen Bank International AG Thursday said its after tax profit in Romania fell 23% to EUR40 million in the January-June period, hurt by higher expenses and lower revenue from fees. more

08.18.2011

Universal Studios International, a subsidiary of NBC Universal, has sued Romanian national television company SRTv and is claiming $11 million in unpaid license fees for a number of films and more

08.03.2011

U.S-based group Archer Daniels Midland (ADM), the world’s major grain processing company, will expand its grain origination, storage, transportation and export operations along the Danube River in more