16 iun 2014

Mobile telephony operator Orange Romania rented a 13,700-sqm area in Green Court, an office building developed by Swedish group Skanska in northern Bucharest close to Promenada mall and the future more

16 iun 2014

This is the right moment to purchase a plant in Romania as there are many dairy industry companies struggling to survive, says Tzafrir Granat, the manager who has run the Romanian operations of more

16 iun 2014

Murfatlar, the biggest player on Romania’s wine market, which went insolvent in 2012 with a view to reorganization, expects it will revert into the black this year, budgeting a 12% revenue advance more

16 iun 2014

InterstarChim, the company that manufactures and distributes in Romania cleaning products under brands such as Biocarpet or Rivex, in 2013 overshot the RON100 million (EUR24 million) mark after an more

16 iun 2014

Rom chocolate bar brand, produced in Bucharest by Kandia Dulce, was in 2013 the best-selling one on this segment by number of pieces, overshooting US brand Snickers, the world’s leading chocolate more

16 iun 2014

Consumption is slightly picking up, but the over 10% sales increase KFC, Pizza Hut and Paul registered in the first quarter of 2014 was primarily due to the company’s strategy, drawn up several more

13 iun 2014

The volume of construction works registered an 8.7% decline in the first four months of this year against the same period of 2013, with engineering and infrastructure works posting the deepest fall, more

13 iun 2014

The top priority of the new management of Romania’s Chamber of Commerce and Industry (CCIR) is to restore the institution’s image and credibility and forge a dialogue with the government, for more

13 iun 2014

The 24% sales tax and the mark-up added by retail chains are partly to blame for the shelf prices of products in Romanian stores, says Jarek Malinowski, the executive who runs the over EUR180 million more

12 iun 2014

Romania’s Financial Supervisory Authority (ASF) will further investigate the insurance market and will expand checkups at companies. For the fourth quarter, the institution is readying an audit of more

12 iun 2014

Part of the managers who complete each year the Executive MBA program offered by ASEBUSS, one of the oldest business schools in Romania, become entrepreneurs right after graduation, according to more

12 iun 2014

In Romania, most employees have several tasks, which are not necessarily related to their field, while in the United States the secret behind a successful business environment is division of labor. more

12 iun 2014

Constanta-based Elcomex group saw its energy revenue slide last year by 60% in euros, to EUR24 million, due to the renewable energy market decline, but its parallel investment in an integrated goat more

12 iun 2014

The Bucharest Stock Exchange (BVB) is set to launch, at the end of this week, a campaign meant to inform small investors on Electrica's stock sale, set to be the largest initial public offering in the more

12 iun 2014

Romania’s capital city is the most productive market for owners of shopping centers, followed by Cluj, Iasi, Constanta and Timisoara. more

11 iun 2014

On a domestic drug market worth over EUR2.6 billion, Romanian drug makers are unable to gain ground, with the pharmaceutical industry being traditionally dominated by importers. Hungary, the Czech more

11 iun 2014

Supermarket chain Billa ended last year with revenue of 1.36 billion lei (EUR307.5 million), up 7.3% from 2012. During the same period, the company reached 80 stores, from 71 in 2012, so that sales more

11 iun 2014

Tymbark Maspex, the largest Polish investor in Romania’s soft drinks industry, has hired over 100 people since the beginning of the year, with its headcount in the country revolving around 880 more

11 iun 2014

Romania’s state-run airline Tarom, placed under private management at the end of 2012, ended last year with a net loss of 130 million lei (around EUR30 million), down by RON100 million from the more

10 iun 2014

H&M became the strongest fashion brand in Romania by revenue last year, overshooting Zara. Thus, the Swedish-owned company ended 2013 with revenue of 381.5 million lei (EUR86.3 million), while the more

10 iun 2014

German-held Continental group, which includes seven companies operating eight production units in six cities, reported 21% higher revenue in Romania in 2013, to nearly EUR1.83 billion, according with more

10 iun 2014

Romania’s 20 largest state-owned companies, monopolies in energy production, gas or rail transport, reported cumulated net profit of around EUR350 million in 2013, according to data centralized by more

10 iun 2014

Austria’s Immofinanz is looking into several options to include an office building in downtown Bucharest into its portfolio, said Sorin Visoianu, the executive who five years took over the more

10 iun 2014

Carpathian Springs, the company that produces mineral water brand Aqua Carpatica, created by businessman Jean Valvis, ended 2013 with revenue of 55.5 million lei (EUR12.6 million), up 65% on the year. more

9 iun 2014

Swedish constructions and ventilation systems provider Lindab is ready to consider acquisitions or investments from scratch, both in Romania and in other countries, said the group's Chief Executive more