14 nov 2014

EDP Renovaveis (EDPR), the renewable power unit of energy group Energias de Portugal, the third most powerful investor in Romanian green energy, in October operated three capital subscriptions in two more

14 nov 2014

The load factor of Tarom aircraft reached 68%, up 3% from the previous year and the Romanian state-run airline will register 2.23 million passengers by yearend, said Cristian Heinzmann, the Belgian more

14 nov 2014

German-held cosmetics and fast-moving consumer goods retailer dm drogerie markt opened ten stores in financial year 2013-2014, which ended in September, and continues expansion at the same pace this more

14 nov 2014

Door and window manufacturer Pinum Doors & Windows, part of Italy’s group Nusco, will open a PVC joinery plant in Pipera next January, in the wake of EUR1 million investments. more

14 nov 2014

The Baia Mare plant of Italy’s biggest furniture group Natuzzi is the largest of the group and has come to operate at full capacity, according to Pasquale Junior Natuzzi, the third son of Pasquale more

14 nov 2014

Passenger car registrations reached almost 7,400 units in October, up 31% from the year-earlier period, the second biggest increase and the second highest volume in the second half of this year, after more

13 nov 2014

Bulrom Gas Impex of Bucharest, a major player on the liquefied petroleum gas market, wants to open five stations next year also selling gasoline and diesel oil. more

13 nov 2014

Fertilizer, pesticide and seed wholesaler Biochem, held by Chimisliu family of Constanta, registered Biochem Creditare IFN, an entity that will turn into the company’s lending unit and release EUR50 more

13 nov 2014

Office furniture sales are likely to rise by 5% in 2015, after the first signs of a pickup this year following a decline that started five years ago. more

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