09.25.2014

Romanian electricity producer and distributor Electrica has around EUR500 million available for investments in upgrading electricity distribution networks, said Gabriel Dumitrascu, head of the more

09.03.2014

Banks in Romania continued to reshuffle their territorial networks in the past year, but fewer units were closed down, a sign that bankers do not want to risk having too few units when lending starts more

08.05.2014

Garanti Bank Romania will open a unit in capital Bucharest, in shopping center AFI Palace Cotroceni, which targets individual and SMEs customers. more

07.07.2014

Romania's Ministry for Information Society has awarded a RON365.8 million (EUR83.1 million) contract to Romtelecom and Cosmote, leasing construction works for a telecom network to cover more

04.03.2014

Telecom operator Cosmote Romania extended its fourth-generation (4G) network to another 12 towns, reaching a total of 20 towns, and covers approximately 40% of the urban inhabitants across the more

03.31.2014

Telecom operator Vodafone Romania Monday said it will increase data transfer speeds in its fourth-generation (4G) telecom network, starting April 1, from 100 to 150 Mbps and the next speed threshold more

03.18.2014

Romanian do-it-yourself retailer Dedeman will open its 37th store Friday, in Sibiu, following an investment of EUR13 million, and plans to open three more stores this year. more

02.25.2014

Romania’s natural gas transmission network is outdated and must be upgraded to allow increased flows from the Black Sea fields, state-run gas transporter Transgaz (TGN.RO) said Tuesday. more

01.12.2014

Azeri group SOCAR, which invested EUR13 million last year in nine gas stations, is readying to open the first unit in Bucharest, while planning to attack all the big cities of Romania. more

01.09.2014

Pawel Musial, chief executive of retailer Profi, says the network will add around 60 new supermarkets this year, the same as in 2013. more

08.30.2013

Romanian retailer Profi has inaugurated two new stores in August, in Cluj-Napoca and Baia Mare, and will open one more unit Saturday, in Huedin, expanding its network to 173 units. more

05.09.2013

Mobile operator Vodafone Romania extended its Bucharest Long Term Evolution (LTE) network to cover 27% of the population (over 500,000 people), Inaki Berroeta, the chief executive officer of the more

04.29.2013

Mobile operator Cosmote Romania on Monday said it launched commercial 4G telecom services which allow its customers to download pictures and other files at speeds of up to 75 Mbps. more

04.09.2013

Romanian state-owned railway administrator CFR SA will start taking measures against rail transport operators failing to pay off their debts towards CFR by April 9, company general manager Dimitris more

04.05.2013

March was the slowest month in nineteen years since Dan Pavel, founder and majority shareholder of footwear and accessories retailer Benvenuti started out in the retail business. more

04.04.2013

Mega Image, the retailer with the largest network (over 200 stores) in Romania, has halted selection of franchisees for its convenience store chain Shop&Go. more

03.20.2013

Electricity distribution networks in Romania are similar to those in southern Italy back in 1995 and the country needs some 10-15 years to meet current European standards, Luca D'Agnese, chief more

03.13.2013

Profi will become Romania's second largest retail network from April, after the country’s antitrust watchdog on Wednesday approved Profi's takeover of the six-store chain of Cluj-based company more

03.12.2013

Romanian IT equipment supplier Network One Distribution (NOD, former Asesoft Distribution) Tuesday said its turnover increased 5% on the year to EUR210 million in 2012. more

02.04.2013

Four companies behind which are the lawyers of law firm Bostina & Asociatii and former sales managers of major IT companies, will collect over EUR600,000 to conduct a feasibility study and to manage more

01.29.2013

German retailer Lidl will open Thursday its third store in the southeastern town of Constanta, expanding its Romanian network to 157 units, the company said Tuesday. more

01.25.2013

Retailer Mega Image, which operates the supermarkets by the same name and the Shop & Go convenience stores in Romania, is in talks to buy the 20-store retail chain Luca in Brasov (center of the more

01.25.2013

Enel, E.ON, CEZ and Electrica will pay a lower amount according to the final version of the tax on monopoly they have on Romanian energy distribution networks than ZF calculated based on the initial more

12.13.2012

Fashion retailer Takko, which arrived in Romania in 2007, will open ten stores next year, for a total of over 70 throughout the entire country. The German-held company is thus continuing to expand at more

12.12.2012

Mobile operator Orange Romania has launched Wednesday its Long Term Evolution (LTE) network, which will enable customers to transfer data at speeds of up to 75 Mbps. more