22 aug 2014

The pipeline that was supposed to connect Constanta harbor to Central Europe refineries is still just a project on paper, so that the future of harbor operator Oil Terminal is still tied, at least on more

21 aug 2014

Over 126,000 new jobs were created in the Romanian economy in the June 2012-June 2014 period and employers in the field of administrative and support services and in the manufacturing industry hired more

21 aug 2014

Companies such as Smart Diesel, Turist Service, Rombeer Cringasu or Alsacom, run by little known businesspeople, have been striving to resist competition from companies such as OMV Petrom, Rompetrol, more

21 aug 2014

NextCity, the company that assembles 2,000 bicycles a day in Resita, Romania, for French group Decathlon, will start building its second plant in the country in Hateg, Hunedoara county, next year, and more

20 aug 2014

Real estate developer Portland Trust, founded and run by British businessman Robert Neale, acquired a four-hectare land plot in Pipera with a view to develop a new office project in the wake of more

20 aug 2014

Netherlands-based Damen, the owner of one of Romania's largest shipyards, says the ship building business is recovering after the economic crisis. more

20 aug 2014

Leasing companies in Romania granted new funding worth EUR664 million in the first six months of the year, up 22% from the same period of last year, according to data provided by ALB Romania, the more

20 aug 2014

The bad loan ratio has entered a downward trend in Romania after it peaked at 22.3% in March and analysts expect the trend to maintain amid the sale of certain portfolios of soured loans. more

6 aug 2014

Alpin 57Lux, a major player on Romania’s ice-cream market, generates 40% of its sales in southern Romania (Muntenia, including Bucharest), while Transylvania, the company’s native market, accounts more

6 aug 2014

French sporting goods retailer Decathlon, present on the Romanian market with a network of 13 stores, assembled 350,000-400,000 bicycles in Romania last year. more

6 aug 2014

Another two surgery rooms could be added in 2015 in hospital OncoFort opened last year in the wake of investments worth EUR7 million, says Robert Serban, who, together with his wife Georgeta, controls more

5 aug 2014

Victoria Center, located on Calea Victoriei street, Sky Tower (near Promenada mall) and business park AFI Business Park (near AFI Palace Cotroceni shopping center) are Bucharest’s office projects more

5 aug 2014

The 15 largest companies managing wind projects in Romania generated total revenue of more than EUR400 million last year, operated with a 24% profit margin, among the best in the local economy, and more

5 aug 2014

Kaufland, the leader of the Romanian retail market, aims to reach EUR2 billion in revenue in Romania by the end of financial year 2017-2018. more

4 aug 2014

Baia Mare-based furniture producer Aramis Invest augmented its revenue by 130% during the crisis, to EUR124 million, while hiring 1,000 people, reaching almost 2,860 headcount. more

4 aug 2014

Romania’s 15 operational international airports posted 5.2 million passengers in the first six months of this year, up 6.5% against the same period of 2013, according to a ZF analysis based on data more

4 aug 2014

Raiffeisen Bank handled stock deals worth above 578 million lei (EUR130 million) on the Bucharest stock exchange in July and was the most dynamic brokerage house for the second month in a row. more

1 aug 2014

In June alone, 88 of the 138 regular flights scheduled under the name of Fly Romania and due to be operated with the aircraft of TEN Airways airline controlled by businessman Ovidiu Tender were more

1 aug 2014

UniCredit is readying to sign with RBS an agreement to take over its corporate portfolio in Romania, after the British bank had ceded its domestic retail portfolio to the same group. more

1 aug 2014

Romaqua Group, the producer of mineral water brand Borsec, became the biggest employer in the drinks industry, beating international names such as Coca-Cola HBC or Ursus Breweries, reveals a ZF more

1 aug 2014

Romanian winemaker Davino, controlled by entrepreneur Dan Balaban, is investing EUR1.7 million in a new wine cellar, with a capacity of 100,000 liters at the highest, set to be located inside the more

31 iul 2014

Stefan Bucataru, who filled the position of general manager of Transelectrica for ten months, took over the reins of Agricover SRL, the most important company of agribusiness group Agricover. Bucataru more

31 iul 2014

Romanians spend on average EUR3 during a consumer goods shopping session, two times less than Hungarians or Poles and ten times less than the French, Swedes or Italians. Against the French, though, more

31 iul 2014

Consumer goods producer Nestle generates around 40% of sales in Romania from traditional retail, a market of 70,000-80,000 units, as a solid part of its clients are shopping there. more

31 iul 2014

Medicover, a major player on Romania’s private healthcare market, expects revenue to go up by 14% this year, when it is going to invest EUR1.1 million in new clinics and equipment. more