12 nov 2014

The current economic context is favorable to investments and acquisitions, believes Mircea Vlah, who took over the reins of Romania’s transport company Dumagas this September. more

12 nov 2014

Asking prices of old 3-room apartments in Bucharest dropped in October by 1.8%, or EUR1,350, to EUR74,500, according to ZF Real Estate Index compiled in partnership with real estate consultancy more

12 nov 2014

French group Auchan saw its revenue in Romania go up by 83% in the first half of this year, to almost 1.9 billion lei (EUR424 million) following the integration of the 20 Real hypermarkets, according more

12 nov 2014

Austria’s trader RWA Raiffeisen Ware, which has recently entered Romania’s grain trade field, will make a first stop in the region of Banat, where the company plans to acquire silos and grain more

11 nov 2014

Romanian drug group Polisano plans to start a rebranding campaign next week, which will involve all the companies part of it and be the first project of this type of the Sibiu-based business developed more

11 nov 2014

Mondelez Romania, the local subsidiary of US group Mondelez, ended the first half of this year with revenue worth 327 million lei (EUR73.8 million), up 22% against the year-earlier period, according more

11 nov 2014

The price of a gasoline liter in Romania reverted to the level of end-March, with the plummeting crude oil prices canceling the increase of fuel excise duty by 0.07 euros per liter introduced by the more

11 nov 2014

Electrica group (EL), Romania’s largest power distribution and supply company, has joined the MSCI index of frontier markets tracked by funds with $12.4 billion worth of assets. The company is thus more

11 nov 2014

Austrian trader RWA Raiffeisen Ware entered Romania’s grain trade field and plans to also set up a business in the field of fertilizer, pesticide and seed wholesale. more

7 nov 2014

Romania has just 18 breweries left, covering consumption of 16.2 million hectoliters, with three production units being shut down during the crisis, according to the latest Brewers of Europe report. more

7 nov 2014

Coca-Cola HBC Romania, leader of the local soft drinks market, registered revenue worth 837 million lei (around EUR190 million) in the first half, flat from the year-earlier period, reveals a ZF more

7 nov 2014

On an area of less than one km around subway station Aurel Vlaicu, real estate investors have erected and continue to develop office buildings where 40,000 people may eventually work. Two of the more

6 nov 2014

Almost 13,000 companies and over 30,000 jobs were wiped out from the map of food retail between 2008 and 2013. During the same period, modern retail area expanded by around 77%, while the number of more

6 nov 2014

DIY company Dedeman, controlled by brothers Adrian and Dragos Paval of Bacau, in the first six months of this year registered revenue worth 1.35 billion lei (around EUR304 million), up 27% against the more

6 nov 2014

Private mandatory pension funds with high investments in Romanian stocks rather than foreign ones boasted the highest returns in the first nine months of this year, of as much as 8.2%, as the more

5 nov 2014

The Bucharest Stock Exchange (BVB) will remove the odd lot market segment starting December 2, that is the minimum volume of stock or bonds that can be sold or bought in a single operation, in a bid more

5 nov 2014

Traditional retail will still hold a big weight in sales of certain product categories, even as modern retail continues to consolidate and grow in the area of proximity stores, believes Mihai more

5 nov 2014

Energy consumption in Romania resumed growth in the first nine months of this year, according to data provided by Transelectrica, the state-run power grid operator. A 1.1% advance was reported against more

4 nov 2014

International Healthcare Systems (IHS), the fifth largest player on the Romanian private healthcare market, will continue adding one center per annum, at the pace it’s maintained so far, but also more

4 nov 2014

Renewable power investments worth some EUR480 million were completed in the first nine months of this year, according to ZF calculations based on information provided by Transelectrica and the energy more

3 nov 2014

Victor Ponta and Klaus Iohannis will run in the second round of presidential elections in Romania after a first round where none of the other candidates became a serious option that should tip the more

3 nov 2014

Around 60% of total products for sale on the shelves of supermarket chain Profi’s stores are “made in Romania” and the weight goes up to 80% in the case of dairy products, cold cuts and bakery more

3 nov 2014

UniCredit Leasing, the biggest player on Romania’s financial leasing market, in the first nine months released funding for car and equipment acquisition worth EUR208 million overall, up 20% from the more

31 oct 2014

Romania’s banking system will suffer a major loss this year on banks’ move to remove bad loans from their portfolios, a process that is far from having concluded as BNR wants a NPL ratio similar more

31 oct 2014

The Romanian window PVC profile market will end 2014 with an overall 15% decline against 2013, reaching a value of below EUR250 million, from EUR1 billion in the boom period, says Aurel Vlaicu, more