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

28 oct 2014

The local soft drinks market, dominated by international names such as Coca-Cola or Pepsi, in 2013 dropped by around 4% in volume and 2014 is not set to be a better year for the industry because of more

28 oct 2014

TMK-Artrom, a company controlled by Russian group TMK, registered 2% growth in production in the first nine months of this year. The European market is still stalling, but outlooks are positive for more

28 oct 2014

Germany’s group Metro Cash&Carry collaborates with 100 Romanian fruit and vegetable producers. more

27 oct 2014

The five banks with local operations present on the list of the 25 European groups that failed the European Central Bank's stress and asset quality test manage assets worth above EUR10 billion on the more

27 oct 2014

This year’s clunkers scheme wound up last week, with 20,641 new passenger cars sold, out of which 3,641 cars were purchased by legal persons and public institutions. more

27 oct 2014

Romania cannot hope for annual economic growth of 5% in the next ten years in the lack of consumption and investments. This was one of the conclusions of last week’s ZF Expert meeting that was more

27 oct 2014

Heavy trucks, of above 18 tons, mainly used in international shipments, were the most dynamic segment of the vehicle market in the first nine months of this year, with a 33% increase, to over 3,300 more

24 oct 2014

Mega Image will maintain its focus on Bucharest, where it already owns almost 80% of the 360 stores it has in Romania, says Xavier Piesvaux, the executive who has been running the company’s local more

24 oct 2014

Romanians consume on average around thirty 20-gram wafers annually, on a market where bulk products still account for over one quarter in total wafer volumes sold, reveals a ZF survey. more