23 ian 2015

The weight of leu-denominated loans has risen by 8% in the past two years, a period that saw a significant decline of leu interest rates and the withdrawal of foreign currency financing lines extended more

22 ian 2015

Businessman Jean Valvis, the founder of brands Dorna and LaDorna, which he sold to Coca-Cola and Lactalis, says that his new bets in the industry of mineral water (Aqua Carpatica) and wine (Domeniile more

22 ian 2015

Romanian businessman Valer Blidar, who owns Arad-based railcar and tram plant Astra Vagoane Calatori, says the plant hiked its revenue by 20% last year and profit by around 5%, with 2014 as the best more

22 ian 2015

DIY retailer Dedeman, owned by brothers Adrian and Dragos Paval, has earmarked investments of more than EUR60 million for 2015 in network expansion, with the retailer set to open at least four new more

22 ian 2015

Poland’s footwear retailer CCC will open 12-14 new stores this year on the local market, at the pace it decided on when it entered Romania in the summer of 2012. Thus, the network will reach around more

22 ian 2015

Checks and promissory notes worth almost 8 billion lei (EUR1.8 billion) bounced in 2014, down 20% from 2013, according with BNR data. more

21 ian 2015

TotalSoft, one of Romania’s biggest software producers, controlled by Greek investment fund Global Finance, in 2014 saw its revenue rise by 10%, to EUR26 million, with EBITDA advancing by a similar more

21 ian 2015

Nidera, the trader controlled by China’s COFCO, buys, sells and exports 1 million tons of Romanian grain and oilseeds per season, according with market data. The volume is handled with just 30 more

21 ian 2015

Timisoreana was the best-selling beer brand in Romania last year, a position it also held in 2013 and 2012, according with data provided by market research company Canadean. more

20 ian 2015

The 500 biggest exporters in the Romanian economy, handling around 75% of total exports worth EUR50 billion in 2014, have just 350,000 employees, namely 8% of total employees in the economy, according more

20 ian 2015

Radu Enache, a stakeholder in Continental hotel chain, one of Romania’s biggest, says he expects the hotel business to register a 5% revenue advance this year. more

20 ian 2015

Romanian airline Carpatair, which went insolvent early 2013 and no longer operates regular flights, is in talks with tour operators and airlines of Italy and Spain to lease aircraft for charter more

20 ian 2015

Zizin, the mineral water brand produced by Brasov-based company Apemin Zizin, posted a 37% increase in sales in 2014 and the company wants to maintain the brand’s upward trend this year. more

19 ian 2015

Dent Estet dental clinics, owned by Oana Taban and Nicu Hagivreta, generated revenue worth above 17.8 million lei (above EUR4 million) in 2014, up 20% against 2013. more

19 ian 2015

Tymbark Maspex Romania, a major player on the local soft drinks market, expects its revenue to rise by around 10% this year against 2014, according with company data. more

19 ian 2015

Romania's construction industry, which has contracted by around 45% since the beginning of the crisis, lost around 109,000 employees between 2008-2014, namely almost one quarter of the entire more

19 ian 2015

Major traditional utilities suppliers in Romania are “learning” how to become complex services providers as they prepare for the complete deregulation of the household energy market scheduled for more

16 ian 2015

The Boeru family, which owns various businesses such as consulting company Romair Consulting and parachuting company TNT Brothers, is investing more than EUR1.5 million in a new venture: winemaking. more

16 ian 2015

Saudi Arabia, Jordan and Kuwait acquired 43% of Romania’s 2014 barley harvest in a four-month interval (July-October) to secure raw material for purebred and race horse studs and for other animal more

15 ian 2015

Romanian IT&C entrepreneur Antonio Eram raised a $2 million in capital from a group of investors of Mexico and the US for Mobilender, a mobile application developed by his company, Netopia, that more

15 ian 2015

Foreign investors, largely banking groups, had medium and long-term deposits opened with local banks worth EUR5.77 billion at the end of November, the lowest level since the spring of 2009. Against more

15 ian 2015

Romania’s energy consumption reached the highest level of the past three years at the end of last week amid the low temperatures, with coal as the main production source, doubled by hydropower more

15 ian 2015

Romania imported milk and dairy products worth EUR221 million in the first ten months of last year, but exported twice as less, reveals a ZF analysis based on data provided by the National Statistics more

14 ian 2015

As Romania's private healthcare insurance industry is largely underdeveloped, hospitals have counted more on cash payments and to a lesser extent on contracts with the public insurance system, and more

14 ian 2015

Romeo Dunca, a stakeholder in one of Romania’s largest road freight carriers Dunca Expeditii, says that should the local tax authority ANAF retroactively tax drivers’ daily allowances he will make more