25 nov 2014

Ziarul Financiar will announce on Wednesday night, at its 16-year anniversary Gala, the ranking of the 100 most valuable companies in Romania and on Thursday it will launch the yearbook including the more

25 nov 2014

Romanian farmers are regaining their interest in soy production and soy areas have expanded 72% in the past six years and reached almost 90,000 hectares. Conventional seeds are now used in production more

25 nov 2014

Romania’s drug and pharmaceutical product exports rose by 40% in 2011-2013, going beyond EUR1 billion last year, according to Euromonitor data. more

25 nov 2014

US company Uber, which provides transport services through a smartphone application connecting passengers and drivers, mulls entering the Romanian market as part of an aggressive expansion plan for more

24 nov 2014

The exit from communism and capitalism have transformed the Eastern Europe and the former communist economies are now catching up with the more developed countries in the West, but in a race where more

24 nov 2014

Radu Ghetea, who has been at the helm of Romanian state-run CEC Bank since 2007, says he wants the bank to be more active on the lending market but this depends on finding new capital sources and one more

24 nov 2014

Romania registered Polish direct investments worth EUR224 million worth in 2013, large Polish-held companies operate businesses worth tens of million euros here and two Polish citizens hold major more

24 nov 2014

Romania’s private healthcare operator MedLife gave up Vital retail insurance developed jointly with Generali insurer, but announced it planned to launch two new products by yearend. more

23 nov 2014

Culita Tarata, one of the best-known and influential Romanian farmers, died on Friday night, only two months and a half after his company TCE 3 Brazi went bankrupt, with debts of almost EUR30 million. more

21 nov 2014

The detergent plant in Timisoara, western Romania, started manufacturing Alba laundry detergent, a Romanian brand, in 1958. Three decades later, along with the local economy, it entered the more

21 nov 2014

Car part maker Preh Romania, a supplier of Porsche, Daimler, Audi or BMW, plans to recruit 100 people for its plant of Ghimbav, Brasov county. The company now has around 800 employees after recruiting more

21 nov 2014

The number of companies in Romania rose by 13,500 in 2013 from 2012, to around 460,000, while private sector headcount shows 19,000 new jobs were created, according to the latest data published by the more

21 nov 2014

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) takes into account a 33% increase in net profit next year, to 20 million lei, after the solid figures it posted in the first nine more

20 nov 2014

While in 2000, Romania’s 16 operational airports saw 2.3 million passengers take off or land, in 2010 traffic was over four times bigger and in 2013 it had registered a fivefold increase, reveals a more

20 nov 2014

Local footwear store network Il Passo plans to expand abroad after having reached 15 units locally and also open a production unit, Petru Chiriac, the company’s owner told ZF Live. more

20 nov 2014

Romanian ball bearing maker Rulmenti Barlad, controlled by Turkish conglomerate Kombassan, intends to stop the sales decline it’s witnessed since 2011 and revert to growth. The company targets a more

20 nov 2014

Mars Romania, a major player on the local sweets market, ended the first half of this year with profit worth some 9 million lei (EUR2 million), down by 14% in lei from the similar period of 2013, more

20 nov 2014

Boromir Prod Buzau (SPCU.RO), controlled by Romanian businessman Constantin Boromiz, reported revenue worth 20.3 million lei in the third quarter, almost 7% below the level of the year-earlier period. more

19 nov 2014

The total revenue of six of the biggest players on the Romanian DIY market--Dedeman, Ambient, Bricostore, Praktiker, Hornbach and Leroy Merlin--rose by 11.8% in the first half of this year, to 2.38 more

19 nov 2014

Vitalis Consulting, founded and run since 2006 by construction engineer Florin Popa, has sealed its first contract abroad and has been involved since this summer in the construction of two hotels with more

19 nov 2014

Tip Top confectionery shop chain, with a two-decade history, will reach 35 units by the end of 2015, from 22 at present and the company plans to increase the number to 55 in the next five years. At more

19 nov 2014

Romania comes tenth in Europe by furniture exports, a ranking dominated by Germany, Italy and Poland, which cumulate half of exports, reads Business Construct magazine. more

19 nov 2014

Out of the 20 major activity fields in Romania, electricity is the field that witnessed the biggest increase in the number of companies during the 2008-2013 period, according to Trade Registry more

18 nov 2014

Daily, between 3,000 and 4,000 orders for pizza are placed in Bucharest, from home or from restaurants, each including three pieces on average, according to market information. The top players, more

18 nov 2014

Owners of cards issued by local banks operated payments at local and foreign retailers worth 22 billion lei (EUR5 billion) in the first nine months of this year, 16% above the level of the more