05.30.2013

Romania will finalize this year 20 major investment projects worth a total EUR750 million, which received state aid and will create 6,700 jobs, Budget Minister Liviu Voinea said Thursday. more

05.16.2013

Pharmaceutical company Zentiva Romania (SCD.RO), part of the Sanofi group, Thursday said it will invest 10.7 million lei (some EUR2.5 million) this year in production facilities and equipment, more

05.15.2013

Domestic courier company Cargus International will invest EUR4 million this year, of which EUR3.2 million will go into renewing its car fleet, and has launched a new logo, which will adorn all the more

05.07.2013

Marius Popescu, general manager of ING Pensii, the largest pension fund on the Romanian market, says if liquidity of the Bucharest bourse remains the same, local pension funds will have to redirect more

05.03.2013

Foreign real estate investors brought over EUR120 million to the capital of Romanian subsidiaries in the first three months of 2013, which is 7.5 times higher from EUR16 million in the same period in more

05.01.2013

Some of Romania’s furniture plants continued investment last year, which led to an increase in staff numbers by 4,700 in an industry which pays a monthly net wage a little over 1,000 lei (EUR231). more

04.30.2013

The twelve modern retailers in Romania opened 48 stores in the first four months of 2013, following investments of EUR40 million to EUR50 million. Retailers mostly targeted supermarkets and discount more

04.26.2013

The performance of the Bucharest stock exchange has been very similar in the past three years, with the bourse seeing a major surge at the beginning of the year, and corrections taking over in more

04.23.2013

Green power has been the hottest topic in the energy sector since the beginning of this year, with the prospect of changes to the support scheme pitching against one another investors, the authorities more

04.16.2013

South-African investment fund New Europe Property Investment (NEP.RO) will expand to Serbia, Hungary, Slovenia, and Bulgaria, but Romania remains its primary market in the region and investments here more

04.10.2013

Israeli-owned real estate developer Tagor has so far invested EUR6.1 million in residential compound Adora Urban Village located in south-western Bucharest. more

04.08.2013

Israeli Plaza Centers, the real estate developer of the Casa Radio project in Romania’s capital city Bucharest, reported loss of EUR85.9 million in 2012, mainly due to a EUR34.1 million decrease in more

03.26.2013

The Romanian telecom market is one of the toughest in Europe, but it has a potential to grow and Michael Tsamaz, CEO and Chairman of OTE & Cosmote Greece, says for him it is a “personal bet” for more

03.13.2013

Italian group Enel, which has become the largest private energy distributor in Romania following privatizations, reached investments of over EUR650 million in wind farms on the Romanian market, with more

03.12.2013

Enel Green Power, a unit of Italy’s utility Enel, has invested EUR251 million in its Romanian wind energy network in 2012, the company said in its financial report Tuesday. more

03.05.2013

Romanian developers may start the construction of the industrial parks put off for several years, following the economic and political stability, according to a report by real estate consulting firm more

03.04.2013

Romanian net investments rose 12.3% to 75.57 billion lei (EUR17.3 billion) in 2012 compared with the previous year, on increasing activity across the board, the country’s statistics institute INS more

02.28.2013

Romanian chemical fertilizer maker Azomures (AZO.RO) plans to invest $200 million in the next three years, mainly to boost efficiency, the company’s general manager Mihai Anitei said Thursday at ZF more

02.27.2013

Heineken and Ursus, the two largest local brewers, are getting ready to make new investments in manufacturing, the first carried through since the onset of the crisis. more

02.27.2013

A law significantly cutting the green energy support scheme could take effect as of July 1. At stake are investments of hundreds of millions of euros. more

02.27.2013

Romania needs very large investments in the energy sector, which still has huge potential, said Mariana Gheorghe, chief executive officer of OMV Petrom (SNP.RO), the country’s largest oil and gas more

02.11.2013

Investor sentiment regarding Romania’s macroeconomic fundamentals improved towards the end of 2012, leading to a more active investment market with a few large transactions in advanced stages of due more

02.06.2013

South-African investment fund New Europe Property Investment (NEP.RO) is in negotiations to acquire The Lakeview offices in Bucharest, owned by US group AIG Lincoln and businessman Dinu Patriciu, more

01.30.2013

The Romanian Government will annul the current Law on the public-private partnership, following criticism from the European Commission and the business environment representatives, aiming to promote a more

01.18.2013

Romanian Transport Ministry may invest over EUR3 billion in 2013, including European Union funds, minister Relu Fenechiu said Friday. more