2 sep 2014

Land plots, retail spaces, offices or logistic centers with a market value put at some EUR750 million changed their owners in the first 8 months of this year as 30 deals were clinched. However, more

2 sep 2014

Bucharest is annually visited by 2.44 million tourists, who come to Romania’s capital city either on business or on holiday. more

1 sep 2014

Arsis Trading, the largest telecom store network controlled by a Romanian entrepreneur, registered revenue of RON58.3 million (EUR13.1 million) in the first half of this year, up 4% compared to the more

1 sep 2014

Marius Chereches, former manager of companies such as Ozone or PharmaFarm, has in the past four years developed Ecofarmacia pharmacy network, which has reached 26 units in Ardeal area of Romania. more

1 sep 2014

Romania currently has ten highway sites on which builders are working or are set to start works by year-end, according to a ZF survey based on data provided by the national road authority CNADNR. The more

1 sep 2014

Beer sales fell by 8% to 7.8 million hectoliters (785 million liters) in the first six months of this year, taking further last year’s downward trend, in an industry that depends on football more

31 aug 2014

Five companies owned by Romanian entrepreneurs in 2013 raked in almost EUR1 billion from fuel trade and four of them have just 360 employees overall. Romania has only 50 domestic-held companies with more

29 aug 2014

Chinese-held Lenovo, the biggest player on the domestic PC market, has recently launched its smartphone range in Romania, for which it expects sales of 100,000 units by next spring. more

29 aug 2014

Romanian currency-denominated consumer loans in July registered the first annual increase in the past five years, reaching RON23.5 billion, 0.1% above the level of the same period of 2013, according more

29 aug 2014

The deal was carried out through NEPI’s taking over and paying a EUR22 million loan to Austria’s Volksbank. more

29 aug 2014

Romania’s M&A market is likely to overshoot the EUR2.5 billion mark in 2014, a level it has not reached in the past six years, should two major deals be clinched by the end of December. more

29 aug 2014

U.S. freight trader Cargill and Transport Trade Services (TTS), a company owned by Romanian entrepreneurs, completed a EUR15 million project to double the storage capacity of Canopus Star grain more

29 aug 2014

Tarom’s most-awaited direct flight, Bucharest-Beijing, cannot be launched on the lack of an approval to fly above the Russian airspace. more

28 aug 2014

Ziarul Financiar tracked the prices of ten core items in Romanians' baskets over the past six years and analyzed their trend in the May 2008-August 2014 period, when the consumer price index rose by more

28 aug 2014

The Dragasani vineyard, one of the best-known in Romania, comprising 1,000 hectares of vine, was almost entirely hurt by the powerful hailstorms of mid-July. Thus, this year’s production is largely more

27 aug 2014

Banks in Romania had retail and corporate loans worth just 213.8 billion lei (EUR48.3 billion) left in their portfolios at the end of July, a three-year low, as they are unable to sell enough loans in more

27 aug 2014

Romania has no long-term strategy to fight depopulation and the economy is feeling the lack of 2.3 million Romanians working abroad and the halving of the birth rate in just two decades. more

27 aug 2014

Dan Sucu, the owner of group Mobexpert, says the expansion of Mobexpert Outlet store of Pipera will be completed in September, following investments of several hundred thousand euros. more

27 aug 2014

Dermo-cosmetics producer Ivatherm, controlled by Romanian entrepreneur Rucsandra Hurezeanu, will bring a French executive for the position of export manager in a bid to tap more foreign markets. more

27 aug 2014

The first half of this year was horrendous, says Gehrig Schultz, general manager of geological exploration company Prospectiuni Bucuresti (PRSN.RO), and chances are slim for the company to meet its more

27 aug 2014

Constanta harbor operators are readying investments in grain terminals and warehouses, as they expect agricultural product exports to rise, and also in a move to diversify beyond industrial raw more

27 aug 2014

Banks in Romania gain 260 million lei (EUR60 million) a year from safekeeping and evaluating assets of investment funds, and such services have become ever more lucrative in recent years, according to more

27 aug 2014

Crama Liliac, a EUR5.5 million investment carried out by Austrian businessman Alfred Beck in Romania, is in its fourth year of premium wine production. Sales are estimated at approximately 120,000 more

22 aug 2014

Chipita Romania, the domestic subsidiary of the Greek group of the same name that owns the brands 7Days and Finetti, was in 2013 the largest confectionery exporter from Romania, according to a ZF more

22 aug 2014

The figures posted in the first half set the stage for further growth for electroIT retailer Domo's business in the second half as well, says Kim Koellner, the South-Korean executive brought at the more