19 feb 2015

Ryanair, Europe’s biggest low-cost carrier, says it expects 500,000 passengers this year and 1 million passengers in 2016 after having kept a low profile in the first 6 years of presence in Romania. more

19 feb 2015

Foreign investors took out approximately EUR18 billion from Romania over the past 11 years, with repatriated dividends reaching almost EUR2.3 billion in 2013 alone. On the other hand, foreign more

18 feb 2015

Britain’s Kingfisher, which owns Bricostore and Brico Depot stores in Romania, forged a partnership with German group Metro to open some temporary warehouses in the spaces of the cash&carry network, more

18 feb 2015

Owners of cards issued by local banks in 2014 operated payments at retailers worth 30 billion lei (EUR6.7 billion), up 16% from 2013, according with BNR. However, cash withdrawals from ATMs are still more

18 feb 2015

Breakfast cereal consumption in Romania rose by 14% in 2008-2014 to around 14,000 tons, but it’s still low compared with the level registered in West European countries such as Germany or France, more

18 feb 2015

Holcim Romania’s 2014 cement sales were supported by the rising number of projects in the housing, as well as non-housing sectors, says Francois Petry, who runs the building material producer. more

18 feb 2015

The trend of operating profit generated by the 20 most important segments of Romania’s agricultural market points out the buoyancy of this market in the past seven years. more

18 feb 2015

Nutline, a Romanian seed brand launched in 1998 and now part of German-held Intersnack’s portfolio, has reached Germany’s market. more

18 feb 2015

Online recruitment platform bestjobs.ro, the most profitable business of Neogen group, in 2014 registered a 10% revenue increase against 2013, Calin Fusu, the group’s founder and chief executive more

17 feb 2015

Gherla-based Sortilemn, a major Romanian supplier of Swedish group IKEA, in 2014 generated revenue worth around 200 million lei (EUR45 million), up 29% against 2013. more

17 feb 2015

Low-cost airline Blue Air, controlled by Romanian entrepreneurs, expects to carry 1.6 million passengers this year, up around 6.7% on the year. more

17 feb 2015

Foreigners, largely banking groups, at the end of 2014 held around EUR5.8 billion in medium and long-term deposits opened with local banks, 32% below the record high reached in 2011. In 2014 alone, more

17 feb 2015

Construction of blocks of flats, particularly in Bucharest, Cluj and Timisoara, was the main growth driver of the Romanian masonry market, made up of bricks and ACC block, in 2014, says Corneliu more

17 feb 2015

Hypermarket chains control almost 30% of Romania’s game, console and toy market, valued at 880 million lei (almost EUR200 million) in 2014, a bigger share even than that of specialized stores, a more

17 feb 2015

Romania’s official spirits market in 2014 contracted by 20% by volume and 5% by value on the hiked alcohol excise that pushed prices higher and drove consumption to the unfiscalized market, reveal more

17 feb 2015

Schogetten chocolate brand produced in Germany in 2013 registered sales worth some EUR22 million (around $30 million) in Romanian retail, according with ZF calculations based on Canadean data. more

16 feb 2015

Stores in Baneasa shopping center saw sales stall at EUR205 million last year amid stable traffic, Georgios Argentopoulos, the chief executive officer of Baneasa Developments, the company through more

13 feb 2015

The PVC profile unit of Rehau Polymer, the Romanian subsidiary of Germany’s Rehau group, ended 2014 with revenue of around EUR27 million, up 2-3% from 2013. more

13 feb 2015

The new bookstore the owners of Carturesti bookstore chain opened in a monument building of Bucharest’s Old Town, set to sell 15,000 titles of Romanian and foreign books, will attract at least 1,000 more

13 feb 2015

Medsana, the first foreign investment on Romania’s healthcare market, reduced the weight of subscriptions in revenue to 33% in 2014 from 40% in the previous year as it deliberately renounced five more

13 feb 2015

In 2015, sales of new cars to individuals will be supported both by the clunkers program (Rabla) and by the First Car scheme and people aged below 35 will be able to buy a new passenger car for around more

13 feb 2015

The forex market in Bucharest ended January with around EUR25 billion in traded volume, that is a daily average of EUR1.3 billion, meaning a decline of almost 30% against January 2013, according to more

12 feb 2015

Belgian-held retailer Mega Image has recently put the “to go” coffee of U.S. Starbucks on its shelves in a bid to gain share on this market, one of the most dynamic over the past year. more

12 feb 2015

Sibiu-based Atlassib, Romania’s biggest international road passenger transport operator, expects a 4-5% increase in revenue and the number of passengers its coaches will carry this year, according more

12 feb 2015

German-held building material producer HeidelbergCement, which controls Romanian cement producer Carpatcement Holding, reported improving EBITDA margins for Romania in 2014 owing to cost control. more