03.06.2019

Renault, ING, Deloitte, Enel, UPC, WPP, BNP Paribas and Medicover are among the companies that will move into new offices this year. The eight companies have signed leases for 100,000 square meters of more

01.24.2019

Companies in the construction materials sector started 2019 with investments in their budgets, even though the market appears to be unpredictable due to the Emergency Ordinance 114/2018 introducing more

01.03.2019

Portuguese-held real estate investment company Sonae Sierra, one of the two developers of the Park Lake Mall in Bucharest, says it plans to expand with new projects in Romania, as the local market is more

12.27.2018

The Continental group, the largest automotive component manufacturer in Romania, is planning new investments for 2019 as its research and development and electronic component divisions are expanding. more

11.05.2018

The next two years will be bumpy for Romania, says Ioan Popa, chairman of the largest chicken business in Romania, Transavia, but he is working on securing the business and is considering buying a more

07.16.2018

Romania remains a country of contrasts, because, even though the economy and salaries are on the rise, and the job supply is greater than demand, half of the young people are actually planning to more

07.16.2018

Businessman Dorel Goia, the majority shareholder of construction materials manufacturer Teraplast based in Bistrita, is looking at the Central European countries for opening new plants, after having more

02.07.2018

Romanian managers complain too much about legislative and fiscal changes, red tape and infrastructure in Romania instead of looking at the ‘excellent’ opportunities for business. more

01.30.2018

The small format segment – supermarkets and modern convenience stores, numbers about 1,600 stores in Romania with EUR2.5 billion annual sales, dominated by Profi, Mega Image and Carrefour, but more

10.05.2017

Baneasa Developments, the operator of the Baneasa Shopping City mall in northern Bucharest, plans to invest around EUR1.7 billion by 2026 to expand its shopping area, residential and office projects. more

09.28.2017

Romania's government has approved a five-year plan to reorganize state-owned postal operator Posta Romana and render the company profitable, the ministry for information society said. more

06.29.2017

The owners of the four-star Zenith-Top Country Line – Conference & Spa Hotel (formerly Golden Tulip and Fantasy Beach) in the north of the Mamaia resort, one of the biggest on the Romanian seaside, more

03.15.2017

UPC Romania, the second leading cable TV operator and third leading fixed Internet provider in this country, plans to continue expanding its fixed network at the same pace of 250,000 to 300,000 more

11.28.2016

The execution time of the judicial reorganization plan of Romanian chemical plant Oltchim Ramnicu Valcea (OLT.RO) was extended by one year. more

10.05.2016

European funds available, even with an absorption rate of 100%, are not enough to cover the costs of implementing the Transport Infrastructure Master Plan, Foreign Investors Council (FIC) said in a more

09.09.2016

Software solutions provider AROBS Transilvania of Cluj entrepreneur Voicu Oprean is interested in buying Romanian-held companies specializing in sales force automation, car fleet monitoring and more

05.05.2016

Real estate consultant Crosspoint Real Estate, specializing in the luxury real estate segment, brokered, in the first quarter of 2016, transactions exceeding EUR3.5 million involving off-plan more

04.27.2016

Rainer Seele, chief executive officer of OMV and chairman of the supervisory board of OMV Petrom had his first meeting with the Romanian media on Tuesday to present the plans of the Austrian group for more

03.09.2016

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08.31.2015

Romania's finance ministry plans to raise at least RON3.5 billion (EUR790 million) in state paper auctions in September, higher than RON2.3 billion in August. more

05.29.2015

Romania’s Finance Ministry plans to raise 2.8 billion lei (EUR635 million) at treasury auctions in June, up from RON2.1 billion in the previous month. more

01.06.2015

The administrators of Romanian insolvent chemical company Oltchim SA (OLT.RO), RomInsolv and BDO Business Restructuring, will present the company’s reorganization plan in February, which will be more

09.10.2014

Romania’s Financial Supervisory Authority (ASF) approved last week the financial recovery plan of insurer Carpatica Asig, which stipulates the share capital hike via cash contribution, the drawing more

07.03.2014

Romania’s energy regulator ANRE has approved a plan aimed at developing the energy transport network of state-owned power grid operator Transelectrica (TEL.RO) between 2014 and 2023, which envisages more

05.26.2014

Romanian footwear retailer Leonardo, undergoing insolvency, plans to sell some of its assets or shares and to enter new markets to be able to pay off its debts to creditors, according to a proposition more