10 dec 2014

The processing industry, financial services providers and hotels and restaurants are the fields planning to recruit the most in the first three months of next year, with employers set to boost the more

10 dec 2014

Hypermarket chains, which have covered the map of Bucharest with 31 units, project sales of almost one billion lei in Bucharest alone in the context where the last month of the year brings sales as more

9 dec 2014

Talks between Banca Transilvania and Volksbank are edging closer to getting the “final signature” from the Austrian bank’s shareholders, and the price of the deal has been the main topic of more

9 dec 2014

Complexul Energetic Oltenia, Romania’s largest thermal power producer, which groups the energy complexes of Oltenia basin with lignite mines, registered losses of RON290 million (around EUR66 more

9 dec 2014

Market research company Cegedim Romania changed its outlook about the trend of the drug market in 2014, from a negative one to one of slight growth. more

8 dec 2014

Four of the seven local large banks that published their Jan-Sept figures reported increases of between 1% and 9% in loan portfolios, but overall, the loan stock contracted by the equivalent of 6 more

8 dec 2014

Certinvest, the largest independent mutual fund manager in Romania, wants to buy AXA Asigurari, the local subsidiary of French giant AXA, according to market sources, after the deal for latter’s more

8 dec 2014

Demand for large loans, mostly corporate ones, hit the lowest level of the past decade, with banks asking for just 890,000 reports from the Central Credit Register (CCR) to get information on more

5 dec 2014

The number of houses and apartments completed in the Bucharest-Ilfov area rose by 84% in the third quarter of the year and by 64% in the first nine months, according to data published by the more

5 dec 2014

Anima, a company that entered the private healthcare market in 2010, envisages “solid” investments to develop its network of family medicine clinics, both through acquisitions and greenfield more

5 dec 2014

Winemaker Tohani of Dealu Mare (Prahova and Buzau counties) this year harvested 2.5 million kg of grapes, but it will not be until 2018 that it will reach its full potential, says Virgil Mandru, the more

5 dec 2014

Footwear brand Ecco Shoes has reached 22 stores in Romania after five openings this year alone. Expansion on the one hand and the rising sales in already existing stores will drive the company’s more

4 dec 2014

Romania’s road authority CNADNR paid 16 billion lei for national road projects during the 2008-2014 period and during the same interval repaired 2,900 kilometers of such roads, that is less than one more

4 dec 2014

With investments of over 140 million lei (EUR30 million), wineries such as Alira (Dobrogea), Viile Metamorfosis (Dealu Mare), Lacerta (Dealu Mare), Liliac (Podisul Transilvaniei), Bauer (Dragasani), more

4 dec 2014

Romania’s spirits market contracted by 36% in the first nine months of this year and the last quarter, which accounts for 40% in annual consumption, is not likely to bring the market back to growth more

3 dec 2014

Norwegian-British investment fund North Bridge, little known to the public, bought in Romania 139 hectares of arable land and signed lease contracts for another 125 hectares in the past nine months, more

3 dec 2014

The Bucharest Stock Exchange hopes to attract 15 companies on the AeRo alternative system dedicated to SMEs by the middle of next year, Bogdan Mugescu, development specialist at BVB, told ZF Live. more

3 dec 2014

Sorin Scintei, the manager who has run for almost six years City Park mall of Constanta, will take over the position of general manager of shopping center Mega Mall South-African group NEPI is more

3 dec 2014

The Romanian M&A market reached 1.6 billion lei (EUR367 million) in the first 11 months of the year, up 13% from the year-earlier period, a growth anticipated by consultants from the very start of the more

3 dec 2014

Software services and solutions provider EBS Romania, acquired a year ago by Japan’s group NTT Data, expects to end this year with revenue of 96.8 million lei (some EUR22 million), up 20% against more

3 dec 2014

Sporting goods retailer Intersport, brought in Romania by Greek Fourlis Group, returned to Bucharest’s Unirii Square with a store, three years and a half after it vacated the space close to Unirea more

3 dec 2014

Electrica (EL.RO), Romania’s largest power distribution and supply company, gave up its plan of becoming a producer of renewable energy, a project it embarked upon in 2010. The decision is set to more

3 dec 2014

Vrancart Adjud (VNC.RO), a major paper and cardboard maker in Romania, reported net profit worth RON3.9 million for the third quarter, up almost 76% from the year-earlier period. more

2 dec 2014

Romanian wheat ended the first half of the commercial season in agriculture on the leading position in Egypt’s acquisitions, with 900,000 tons delivered in six months by eight traders. more

2 dec 2014

Sales of generic drugs, which account for 28% of the overall drug market, reached RON3.3 billion in the first nine months of this year, with prescription drugs holding the biggest weight, of above more