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

31 oct 2014

Energy prices will remain flat next year, believes Ioan Rosca, chief executive officer of Electrica, Romania’s largest power distribution and supply company, with almost 3.6 million consumers. more

31 oct 2014

Cerealcom Dolj, the company owned by Romanian entrepreneur Mihai Anghel, won seven international auctions organized by the government of Jordan to export 250,000 tons of wheat and another 100,000 tons more

31 oct 2014

Romanian wines are stirring rising interest on foreign markets as well on the significant quality increase based on European Fund injection, says Aurelia Visinescu, one of Romania’s few woman more

31 oct 2014

The financial crisis and the aggressive expansion of foreign networks toppled the first generation of entrepreneurs in Romania’s food retail, but a new generation is trying to enter the race against more

30 oct 2014

Dacia, Skoda and Volkswagen, the three best-selling car brands in Romania, in the first nine months of this year held a 50.6% market share, from 48.4% in the same period of last year. more

30 oct 2014

For Romania to have speedier economic growth through job creation, the local government should look more closely at the way companies work in the outsourcing services industry, a market that posts 30% more

30 oct 2014

Two Romanian state-run companies and three foreign groups are interested in taking over the local assets of Italy's Enel group. more

30 oct 2014

The local housing sector stalled this year as well, while state-funded thermal rehabilitation works also registered a decline, so that polystyrene producers mainly counted on small works carried out more

30 oct 2014

RON-denominated consumer loans stood at 23.6 billion lei in late September, up almost 2% or the equivalent of RON300 million from the year-earlier period. On the month, the stock of these loans added more

30 oct 2014

The number of employees in the Romanian economy reached 4.44 million in late July, the highest level registered since October 2009. However, the local labor market still needs to regain another more

29 oct 2014

Romania’s ten largest cities by population numbers make the main battleground of modern retail networks owing both to the high population density and to the above-average purchasing power. more

29 oct 2014

Hungary’s oil group MOL says that after acquiring the 42 Agip filling stations through which Italy’s ENI was still present in Romania it will reach a network of almost 190 stations, but that a more

29 oct 2014

Mutual funds in Romania that combined bond and stock investments generated the highest returns in the past five years, of as high as 69%. However, a single fund managed to beat the bourse and just one more

29 oct 2014

The Romanian logistics market, valued at EUR6 billion, has shifted from speculative constructions in the 2007-2008 period to a period of “built-to-suit” constructions for companies, but this has more

29 oct 2014

Germany’s DIY retailer Hornbach, which owns five stores in Romania, is still seeking to expand in large cities, as it is currently present only in capital Bucharest (with three stores), Brasov and more

28 oct 2014

Only a quarter of the European banks present in Romania failed the stress tests and the central bank says the local subsidiaries are in a comfortable position. more