04.28.2016

Romania’s largest natural gas producer Romgaz (SNG.RO) will pay out dividends worth a total RON1 billion, which translates into a dividend of RON2.7/share. more

04.28.2016

Romanian electricity distribution and supply company Electrica (EL.RO) will pay out dividends worth a total RON291.58 million in 2016, which translates into RON0.86/share. more

04.06.2016

The net average salary in Romania grew a slight 0.4% in February compared with January, to 1,950 lei (around EUR436), data from the country's statistics institute showed Wednesday. more

03.08.2016

Net investment in the Romanian economy grew grew 8.4% on the year in 2015, to 71.33 billion lei (EUR16.05 billion), driven by other investments and machinery and equipment, the country's statistics more

02.08.2016

The net average salary in Romania increased 10.2% in real terms in December compared with November, to 2,114 lei (around EUR470), due to holiday bonuses, data from the country's statistics institute more

01.13.2016

The net average salary in Romania increased 2.5% in November compared with October, to 1,918 lei (around EUR423), data from the country's statistics institute showed Wednesday. more

12.08.2015

The average net salary in Romania increased 2.1% in October compared with September, to 1,871 lei (around EUR418.5), data from the statistics office showed Tuesday. more

12.04.2015

Net investment in the Romanian economy grew grew 4.5% in January-September compared with the same period last year, to 44.5 billion lei (EUR9.97 billion), driven by construction works and machinery, more

10.06.2015

Romania’s Competition Council approved the takeover of 19 Centrofarm pharmacies by Help Help Net pharmacy network, part of Farmexim group, the authority said in a statement Tuesday. more

09.16.2015

Romanian regional investment fund SIF Oltenia (SIF5.RO) posted the highest net profit of all five SIFs in the first eight months, at RON139 million, while in August alone, the fund’s profit stood at more

09.03.2015

Net investment in the Romanian economy grew 7.2% on the year in the first half of 2015, to RON26.87 billion (EUR605 million), driven by construction works and machinery and equipment, the country's more

07.22.2015

Help Net pharmacy network, part of Farmexim group, aims to open 30 more pharmacy units in 2015, expanding its network at over 200 units. more

06.04.2015

The Bucharest National Airport Company (CNAB) posted 14.5% higher turnover to RON150.3 million (EUR34.1 million) in the first quarter of 2015, from RON131.2 million in the year-earlier period, more

05.20.2015

Romania’s largest natural gas producer Romgaz (SNG.RO) targets a net profit of RON1.5 billion in 2015, higher by 7.2% than last year’s net profit which was the largest ever registered by the more

03.06.2015

OTP Bank Romania, part of Hungarian group OTP, posted a net profit of HUF765 million (EUR2.47 million) in 2014, after a net loss of HUF1.6 billion (EUR5.18 million) in the fourth quarter of 2014, due more

01.15.2015

Mutual funds ended 2014 with record net inflows of 4.3 billion lei (almost EUR1 billion), as bank deposit interests are not enough to cover the withdrawal fees after dropping to less than 3% per year. more

12.01.2014

Help Net pharmacy network, owned by Romanian entrepreneurs, started a rebranding process for the 175 units it operates and also launch an extension of the brand, Help Net Convenabil. more

10.23.2014

The European Commission has approved a EUR57.1 million investment, part of a EUR69 million project, for the development of broadband infrastructure of 3,265 kilometers in areas in Romania that lack more

09.17.2014

Local mutual funds attracted record high net inflows of RON3 billion in the first eight months of this year, a sign Romanians are ever more concerned about falling banking interest rates and finding more

09.16.2014

Qube Net Bucharest, owner of the www.avstore.ro online store, estimates its sales will rise 25% this year, from EUR2 million in 2013, driven by higher demand for state of the art audio and video more

06.17.2014

Softnews Net, the company behind the software distribution platform softpedia.com owned by Bogdan Gheorghe and Catalin Garmacea, registered net profit of EUR2.6 million in 2013 amid revenue of EUR4.9 more

06.04.2014

The banking system’s profitability figures were deeply corrected downwards from the initial amount reported by the Romanian central bank in the wake of moves by some auditors to revise the figures more

03.25.2014

The Bucharest Stock Exchange (BVB.RO) eyes a net profit of 10 million lei (EUR2.12 million) in 2014, up 10% on the year, and the increase of trades on the regulated market by 17.6%, at RON13.326 more

02.12.2014

Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) Wednesday said it registered 45% lower net profit on the year to 3.03 million lei (EUR0.67 million) in 2013. more

12.10.2013

Cristian Herghelegiu, former head of online store elefant.ro, has taken over as executive manager of software and IT solution provider Gecad Net. more