20 oct 2014

Transelectrica (TEL) will consider connecting the national power grid with the electrical power networks of the Republic of Moldova and Ukraine, a project that would open up new export markets for more

20 oct 2014

The First Car scheme, which is to be launched in Romania next month and allow a lower level of interest rates for those who want to buy a new passenger car for up to RON50,000, after the model of the more

17 oct 2014

Romanians annually earmark the largest sum in Europe for soap, each consumer spending on average EUR3.2. According to ZF data, this is the only product category where Romanians lead, while in terms of more

17 oct 2014

The Socea family, a stakeholder in EnergoBit, a major supplier of equipment and services for the energy sector, is making its first major investment after ceding control of the company in 2012. more

17 oct 2014

Rose wine has come to weigh 7-8% of Romania's overall wine market, virtually shaping up in the past two-three years, when it’s proved to be the most dynamic segment of the field. more

16 oct 2014

Entrepreneur Dan Balaban, who controls Davino winemaker, says this year’s production will be an average one, specific of a normal year. However, production will be 30% lower than the 2013 record more

16 oct 2014

Romanians spend around EUR300 annually on packaged food, twice as little as Croatians or Estonians, who rank first in Eastern Europe, reveals a ZF survey based on data provided by Euromonitor company more

16 oct 2014

The Romanian retail market is highly fragmented, a reason why it will witness new acquisitions and mergers in the coming years and players that are too small to hold top positions will exit Romania, more

16 oct 2014

Foreigners, largely banking groups, in late August held medium and long-term deposits opened with local banks worth EUR6.34 billion, EUR300 million below the level of the year-earlier period. On the more

16 oct 2014

Just one third of the nearly 520,000 small and medium-sized companies that operated in Romania last year managed to rake in profits of above EUR1,000 at the end of the 12 months. more

15 oct 2014

The Romanian government can make further moves to prop sales of new cars and the new scheme it proposed, the First Car, can function in parallel with the future clunkers scheme, says Czech-born Jan more

15 oct 2014

The Romanian market has two main growth opportunities, coming from European funds and exports, maintains Bela Varga, general manager of Rehau Polymer, the local subsidiary of Germany’s group Rehau. more

15 oct 2014

The managers of the companies that have already switched from RASDAQ to the regulated market of the bourse say that entering the “top trading floor of the capital market” was a “bold” more

15 oct 2014

Romanian energy producer Hidroelectrica, the country’s biggest, in the first nine months of this year generated gross profit worth 817 million lei (EUR185 million), up 20% from the year earlier more

14 oct 2014

The sales of the first Brico Depot stores that replaced the former Bricostore units of Orhideea and Pantelimon in Bucharest rose by 20%, a reason why the network rebranding process has been more

14 oct 2014

Foreigners control one third of the 650,000 companies operating in Romania and generate 50% of local business, namely EUR125 billion out of the EUR250 billion registered in 2013, reveals a ZF survey more

14 oct 2014

The blue tongue disease, which has affected almost 1,000 animals in Romania in the past eight months, puts at risk Romania’s livestock exports to the EU, a market where local companies have operated more

14 oct 2014

Siveco, Romania’s biggest software producer, has seen its public reputation shattered in one month after the detainment of Irina Socol, its co-founder and chief executive officer, and the link with more

13 oct 2014

Halewood Romania, a major local winemaker, expects this year’s wine output to be 10% lower than in 2013, mainly because of the unfavorable weather conditions, according to Dan Muntean, the more

13 oct 2014

Helvetansa, the Romanian-Swiss company founded in 1994 and specialized in luxury watch and jewelry retail, says demand is picking up, but for the time being purchases of items with prices of above more

10 oct 2014

Retailers have become Bucharest’s biggest employers after hypermarkets have replaced former decrepit plants. As a matter of fact, Bucharest has no plant left employing 1,000 people. more

10 oct 2014

Tinmar Ind, the largest private electricity trader in Romania, owned by businessman Augustin Oancea, signed a one-year contract with ArcelorMittal Galati, the second largest energy consumer in more

10 oct 2014

Romania’s construction market is not faring well at all as it is contracting amid public investment downfall, says Gabriel Colobatiu, general manager of building materials producer Somaco, owned by more

10 oct 2014

DAAS Romania, a major supplier of equipment for hotels, restaurants and food stores, will end 2014 with 100 stores fitted out, out of which ten are hypermarkets. Most units, though, are still more

9 oct 2014

Romania’s beer market will witness a single-digit contraction rate in 2014 considering the first half trend (minus 9%) and the rainy summer, but on the long-term it is set to resume growth, more