01.26.2016

Romanians spend more than 15 billion lei (EUR3.3 billion) in pharmacies in Romania every year, almost double as much as they did in 2008, when the local economy peaked, ZF has calculated based on the more

01.25.2016

McDonald’s Romania, the largest player on the restaurant market, has changed owners this weekend when the US McDonald’s group sold the Romanian operations to a Malta-based franchisee, ZF has more

01.13.2016

Only 22% of the milk produced by Romanian farmers reaches local plants for processing, a Eurostat survey reveals. Romania therefore has the widest gap between farms and plants in Europe, considering more

12.24.2015

BCR, the largest local bank, has sold a set of non-performing corporate loans with a face value of EUR1.2 billion to a consortium comprised of Deutsche Bank, IFC and APS. This is the largest NPL deal more

12.23.2015

Shareholders of Hotel Club Estival (CLUB) will decide in January on the sale of several constructions and land plots in Olimp seaside resort, for minimum EUR6 million (approximately RON26.5 million). more

12.21.2015

Polish-held Kredyt Inkaso bought a EUR340 million set of non-performing loans from UniCredit Romania for which it is to pay EUR28 million. This is the largest deal involving NPL this year. more

12.09.2015

Swiss-held Nestle is putting up for sale plots of land in seven counties in Romania totaling almost 10,000 square meters, according to ZF’s calculations based on the Official Gazette data. more

11.30.2015

Sales of smartwatches – devices that serve as an extension of the smartphone enabling wearers to read notifications, take calls and view info on the weather or check out the time, are seeing growth more

11.20.2015

Belgium-held group Atenor Atenor is negotiating the sale of Bucharest-based office compound Hermes Business Center, which consists of three office buildings covering 73,180 square meters, of which one more

11.09.2015

The heirs of Malaxa and Auschnitt (two of the most important industrialists of pre-communist Romania), the largest private shareholders of Fondul Proprietatea (FP.RO), lowered their stakes in the fund more

10.20.2015

Romania's finance ministry on Tuesday raised 30 million lei (EUR6.8 million) in a supplementary non-competitive tender for bonds maturing in February 2025, central bank data showed. more

10.13.2015

British pharmaceutical group GSK will sell drug wholesaler Europharm to fast moving consumer goods distributor Interbrands, based on an agreement signed Tuesday and subject to clearance by Romania’s more

10.13.2015

Significant shareholders of Banca Transilvania (TLV.RO), such as regional investment fund SIF Moldova (SIF2.RO), Roberto Marco Marzanati, Radu Palagheanu and Horia Ciorcila, the bank chairman, have more

10.12.2015

Romania's finance ministry on Monday sold a planned 200 million lei (EUR45.35 million) worth of bonds maturing in April 2023, at an average yield of 3.18%, central bank data showed. more

10.06.2015

Romania's finance ministry on Tuesday raised a lower than planned 11.8 million lei (EUR2.67 million) at a supplementary non-competitive tender for July 2027 bonds, central bank data showed. more

10.05.2015

Dutch investment fund Palmer Capital Emerging Europe Equity, former MEI Roemenie&Bulgarije Fonds, sold 50,000 shares in construction materials manufacturer Prebet Aiud (PREB.RO) on the Bucharest Stock more

09.25.2015

Romania's finance ministry on Friday raised 75 million lei (EUR17 million) at a non-competitive tender for treasury bonds maturing in April 2019, central bank data showed. more

09.24.2015

Romania's finance ministry on Thursday sold a planned 500 million lei (EUR113.37 million) worth of bonds maturing in April 2019, at an average yield of 2.23%, central bank data showed. more

09.23.2015

Greek Eurobank group, whose Romanian assets include lender Bancpost, has put up for sale its leasing division, ERB Leasing, and has just started talks with potential buyers, several industry sources more

09.23.2015

Eurobank, the Greek group that owns lender Bancpost and consumer finance company Eurobank Retail Services, is getting ready to put up for sale a set of non-performing loans of about half a billion more

09.21.2015

UTI group, majority owned by businessman Tiberiu Urdareanu, put up for sale Netcity Telecom, the company building Bucharest-based optical fiber network, sources on the financial and telecommunications more

09.21.2015

Romania's finance ministry on Monday sold 198.4 million lei (EUR44.88 million) worth of treasury bonds maturing in February 2025, at an average yield of 3.75%, central bank data showed. more

09.17.2015

Romania's finance ministry on Thursday sold a planned 700 million lei (EUR158.37 million) worth of one-year treasury bills, central bank data showed more

09.15.2015

Romania's finance ministry Tuesday raised 30 million lei (EUR7.12 million) at a non-competitive tender for treasury bonds maturing in June 2021, central bank data showed. more

09.14.2015

Romania's finance ministry Monday raised a planned 200 million lei (EUR45.35 million) selling June 2021 treasury bonds at an average yield of 3.04%, central bank data showed. more