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

05.26.2014

The shareholders of Romanian insolvent vegetable oil producer Ultex Tandarei have changed the company’s reorganization plan in order to sell its assets to Moldova-based agri-industrial group Trans more

07.10.2013

Christian Heinzmann, general manager of state-owned airline Tarom, said the airline’s new management plan is yielding good results due to the measures already implemented which allow the company to more

05.31.2013

Romania’s Finance Ministry plans to sell state bonds worth 2.98 billion lei (EUR680 million) in June, down from RON3.75 billion in the previous month, according to an announcement posted on the more

05.28.2013

Developing business parks on the outskirts of cities no longer makes sense and they should be replaced with multifunctional projects, considering that the new generations of employees desire more more

04.15.2013

Romania’s Transport Ministry has rejected the management plan proposed by the Executive Board of state-owned railway operator CFR SA, which will lead to the termination of the board members’ more

12.24.2012

Romania’s Finance Ministry plans to sell state paper worth 4.6 billion lei (EUR1 billion) in January, down from RON8.1 billion sold in December. more

04.12.2012

Romania’s Transport Ministry on Wednesday signed a 9.5 million lei (EUR2.17 million) contract with Aecom Ingenieria SRL, which will offer consulting services for the development of a long-term more

03.29.2012

Romania’s Finance Ministry plans to sell state paper worth 4.25 billion lei (EUR970.6 million) in April, down from RON7.86 billion sold in the previous month, ministry data showed Thursday. more

03.03.2012

The ministers of the Romanian and Moldovan Cabinets on Saturday signed several agreements for bilateral collaboration, including the Action Plan for the enforcement of the strategic partnership more

12.31.2011

In 2011, only 58 kilometers of highways were launched, but Romanian authorities plan to open for traffic at least three-times more next year. more