19 dec 2014

The Romanian construction field, one of the hardest hit during the crisis, contracting by over 40% between 2009 and 2014, will resume growth starting next year, when it will see a 5.4% increase, more

18 dec 2014

Euromedic Romania, the company that manages ten medical imaging centers countrywide, expects revenue to rise by 3.5% this year, from 49.5 million lei (EUR11 million) in 2013. more

18 dec 2014

Resolute Lar Romania, a company that in 2013 took over the management of Liberty Center mall of Bucharest, plans to turn the project of Rahova district into a shopping center destined to families. more

18 dec 2014

Farmers were close to having a perfect production year in agriculture, but the excess rainfall partially upset their plans. Warehouses and silos got filled up in summer and autumn, though, as corn, more

18 dec 2014

The local banking system looks completely different from its picture of the autumn of 2008, at the crisis onset, as market players had to adjust to the new conditions, namely low loan demand, falling more

17 dec 2014

Happy Tour group, which includes Happy Tour travel agencies, Paravion online booking portal, Prestige Tour tour operator and Travel House, in 2014 gained two new corporate clients-MOL, with revenue of more

17 dec 2014

Courier services companies’ business depends on the trend of the economy, considering parcel delivery demand comes from legal persons from all fields of activity, but also from individuals. Thus, more

17 dec 2014

Romanian food retail, a market of almost 1,500 stores and annual sales of RON35-40 billion (EUR8-9 billion), has in the past year undergone a series of changes that reconfigured players’ positions. more

17 dec 2014

Foreigners, largely banking groups, had medium and long-term deposits opened with local banks worth EUR5.8 billion in late October, 10% below the level of the year-earlier period. October alone saw more

17 dec 2014

Polisano group, the only integrated entrepreneurial business in the Romanian healthcare industry, is likely to generate healthcare revenue worth RON100 million in 2015, up 54% from 2014, when it more

16 dec 2014

Raiffeisen Leasing, the second largest player on the market of leasing companies affiliated to banks, expects to reach a volume of new funding worth around EUR90 million at the end of 2014, after more

16 dec 2014

Small and medium-sized companies are the next step toward growth for Porsche Finance Group, the finance unit of Porsche Holding, as these will continue to renew or widen their car fleets. more

16 dec 2014

Network One Distribution (NOD), Romania’s largest IT&C distributor, in 2010 launched its own electrical home appliances brand Heinner and expects sales worth 90 million (EUR20 million) for it in more

16 dec 2014

The Romanian market comprises around 330 franchise concepts with total revenue worth EUR1.6 billion last year, around 45% higher than in 2007, one of the last years of economic boom and the last one more

15 dec 2014

Card money accounts for just one third of Romanians’ overall consumption, while cash represents the rest of two thirds, a situation that is fuelling the underground economy, believes Catalin Cretu, more

15 dec 2014

The transport sector got 6.3 billion lei (EUR1.4 billion) this year, but just RON4.65 billion (EUR1 billion) were spent. For 2015, the RON6.1 billion (EUR1.4 billion) budget is 30% higher on paper, more

12 dec 2014

For the local wine industry, 2014 meant unfavorable weather conditions, which brought 20% lower volumes in wineries, rising consumption of rose wine, toward a 10% weight, a first signal the market is more

12 dec 2014

Ponderas Hospital, specialized in weight loss surgery, expects revenue worth around 40 million lei (EUR9 million) this year, up 25% on the year. more

12 dec 2014

The revenue of Romania’s modern convenience stores, such as Carrefour Express or Shop&Go (Mega Image) is set to rise by 102% this year, the biggest growth in Central and Eastern Europe, reveals a more

12 dec 2014

Ilinca Paun, who has run the operations of Colliers International, one of Romania’s largest real estate consultancies, for four years, says she’s hit the revenue target for this year, with the more

11 dec 2014

A liter of gasoline can be bought in Romania for 5.52 lei, just like in October 2011, as the crude oil prices plummeted by 40% in less than half of year from the $115 high of June. more

11 dec 2014

Dacia sales in Europe rose by 28% in the first 10 months of this year, to almost 307,600 cars, with 2014 being the first year when the Romanian brand went beyond the mark of 300,000 passenger cars more

11 dec 2014

Hidroelectrica and Complexul Energetic Oltenia, Romania’s largest energy producers, are preparing to be floated on the stock market. However, the two companies, which supply half of the country’s more

10 dec 2014

In 2014, Swiss group Novartis registered a “modest” revenue increase in Romania amid a challenging year in the healthcare industry, estimates Elena Mitova, general manager of Novartis Pharma more

10 dec 2014

Viorel Ognean, the Romanian who runs the luxury portfolio of 30 countries of Diageo, the world’s biggest producer of premium spirits, says Romania is among the countries with a significant growth more