12.11.2014

Austria’s Immofinanz Group, with assets of over EUR900 million in Romania, earmarked EUR35 million for the expansion of the Iride Business Park in Pipera, northern Bucharest. more

12.10.2014

Romanian courier services company FAN Courier plans to make involvements of EUR8 million in 2015, half of which will go into fleet renewal and expansion and EUR1-1.5 million in the building of a new more

12.05.2014

Romania’s energy sector requires investments of nearly EUR100 billion between 2015 and 2035, according to the country’s new draft strategy drawn up by the Energy Department. more

12.04.2014

Romanian net investments fell 5.9% to 42.67 billion lei (EUR9.6 billion) in the first nine months of 2014 from the year-earlier period, due to falling activity in constructions and lower funds for more

12.02.2014

PepsiCo's plant in Dragomiresti (Ilfov), the production unit of Greek Olympus near Brasov and the Albacher plant built by Romaqua Group are the largest greenfield investments operated in the local more

11.27.2014

The Romanian Government has drawn up a list of 115 public investment projects which are a priority for the 2015 state budget and entail total funds of over RON63 billion in upcoming years. more

11.24.2014

Romania registered Polish direct investments worth EUR224 million worth in 2013, large Polish-held companies operate businesses worth tens of million euros here and two Polish citizens hold major more

11.21.2014

Romania has attracted 311 foreign direct investment (FDI) projects between 2009 and 2013, nearly half the level registered between 2004 and 2008, which subsequently led to job creation falling by more more

11.17.2014

Private medical service provider Regina Maria will invest more than EUR4 million in network expansion in 2015 and estimates a 20% growth in turnover, a company official said Monday. more

11.14.2014

Romania is among the countries in Central and Eastern Europe with growth potential for Michelin, but its economy still needs to grow, Jean-Dominique Senard, Chief Executive Officer of French group more

11.06.2014

The Romanian state-owned postal operator's insurance brokerage division, Posta Romana Broker de Asigurare, plans to invest RON6 million (EUR1.35 million) in the first three years of activity and more

11.06.2014

The lowering of public investments might represent a means of control over the spending of public funds as a result of the anticorruption actions taken lately, Romanian central bank governor Mugur more

11.06.2014

Romania’s leading oil&gas company OMV Petrom (SNP.RO) announced Thursday that it will review its investment plans for 2015, due to volatile and weaker market fundamentals, such as the decrease of more

11.04.2014

The lowering of public investments may be beneficial on long term, if it is based on financial discipline, by removing unrealistic projects and corruption, although it impacts the short-term economic more

10.29.2014

Romanian Prime Minister Victor Ponta asked the ministers to spend the funds available for public investments by the end of the year, adding that the development requires money spent, not budget more

10.29.2014

Two Romanian businessmen are investing EUR3 million in an apartment building that will have around 90 apartments, located near Bucharest's Tineretului Park. more

10.27.2014

Romania cannot hope for annual economic growth of 5% in the next ten years in the lack of consumption and investments. This was one of the conclusions of last week’s ZF Expert meeting that was more

10.21.2014

Crude oil decline to some $80 a barrel puts pressure on investments and authorities must be very careful when it comes to levying taxes in the oil industry, said Gabriel Selischi, responsible for more

10.21.2014

Spanish realtor Volumetric, which owns lands of nearly 40,000 sqm in Romania’s cities of Brasov, Bucharest and Pitesti for the development of residential projects, sold over 10,000 sqm of its land more

10.16.2014

Real estate in Romania are expected to reach nearly EUR800 million in 2014, which would translate into a spectacular increase compared to EUR63 million in crisis year 2009, due to the revival of the more

10.14.2014

ESPE Energia, part of Italian group ESPE, wants to invest EUR40 million in the construction of micro hydropower plants in Romania, the company’s Chief Financial Officer, Lucian Ghidarcia, said more

10.13.2014

The financial statement of insurer Astra Asigurari for 2013 carried out by special administrator KPMG Advisory, appointed by financial authority ASF, does not reflect the reality and is artificially more

10.13.2014

Romania had the biggest growth in real estate transaction volumes in Central and Eastern Europe in January-September, of 215%, to nearly EUR700 million, but the country remains less attractive than more

10.09.2014

ArcelorMittal Galati needs to invest EUR100 million to reach the performance of a modern steel plant, Ionel Bors, country manager for Romania, told a press conference Thursday. more

10.06.2014

Romania might attract new investors next year in the context of the current conflicts in Ukraine, if it has a stable government and a President in agreement with the government, Nadia Crisan, member more