08.05.2013

Building materials manufacturer Macon, part of a group of companies held by Polish private equity firm Enterprise Investors, has invested EUR370,000 in a new kiln meant to double its current more

07.31.2013

Telecom operators Cosmote and Romtelecom, controlled by Greece’s OTE Group, will invest more money this year than in 2012, Nikolai Beckers, Chief Executive Officer of the two companies, told ZF in more

07.23.2013

Market research company GfK, which monitors 3,000 households in Romania, says consumer confidence is at a low. “The Government needs to attract investments,” says Andi Dumitrescu, general manager more

07.17.2013

Romanian corn puffs manufacturer Phoenixy will invest EUR900,000 to have photovoltaic panels installed on the rooftop of its factory in Baicoi (southern Romania). more

07.11.2013

The Romanian Government plans to attract investments of “at least EUR10 billion” by the end of the year, in the sectors of energy, mineral resources, agriculture, industry and infrastructure, more

07.05.2013

Romania’s state-owned railway administrator CFR wants to award a contract estimated at 45.2 million lei (EUR10.2 million), net of VAT, for modernization works at the railway station in Targu Mures, more

06.24.2013

The Mures County Council seeks a 15-year loan for RON89 million lei (EUR19.8 million) to fund public investments. more

06.24.2013

The crucial question for Romania is how to make the economy grow, says Suma Chakrabarti, the president of the European Bank for Reconstruction and Development – the international financial more

06.19.2013

Office projects West Gate and Novo Park, located in western and northern Bucharest, have obtained the BREEAM Very Good certification and became the first green office parks on the local market. more

06.14.2013

Romanians’ stock market investments have reached 18.1 billion lei (EUR4.1 billion) and the bulk mainly target financial instruments like stocks and bonds, while around RON300 million are held in more

06.05.2013

Romania ranks tenth in Europe and fourth in Central and Eastern Europe (CEE) by the number of jobs created following projects based on foreign direct investments (FDI) and completed in 2012, according more

06.04.2013

South-African investment fund New Europe Property Investments (NEPI.RO) plans to open a shopping center in Galati this year and start the construction of a similar project in Targu Jiu, which it due more

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