19 mai 2014

Entrepreneurial businesses of modern retail are set to remain under the sign of the crisis in 2014 as well, as consumption appetite is still feeble and international chains are adding several hundred more

19 mai 2014

Bankers are still among the best paid employees in the Romanian economy despite the restructuring drive the sector has witnessed in recent years. At the end of March, banking employees’ net average more

16 mai 2014

Both in Romania and in Europe, there are significant sums available for purchases of bad loans, but a certain deadlock is created by banks’ price demands, states Mihai Ionescu, Deutsche Bank manager more

16 mai 2014

South-Korean giant Samsung in 2013 generated revenue of around 2.85 billion lei (EUR644 million) in Romania, up 20% year-on-year and almost 80% higher than in 2011, the first entire year of direct more

16 mai 2014

Romanians spend just 3% of their monthly income on healthcare, less than on spirits and tobacco. The smallest sums are earmarked for education, namely 1% of the budget, while food, rent, utilities and more

16 mai 2014

Germany’s Lild has put up for sale 15 land plots covering more than 8.5 hectares which are adjacent to the stores the company has already opened in several cities of Romania such as Buhusi, Orastie more

16 mai 2014

United Arab Emirates group Peeraj entered Romania’s fashion market eight years ago and now holds over 40 stores under nine brands in a franchise system, including Geox or Swarovski, and reached more

15 mai 2014

Sorin Serban, the executive who filled the chief restructuring officer position with Volksbank for the past two years and a half, was recruited by BCR, Romania’s largest bank, for an executive more

15 mai 2014

Romania’s e-commerce market, valued at around one billion euros last year, boasts the highest growth potential in the region as many industries still have not developed on the online segment as more

15 mai 2014

Aramis Invest, Romania’s largest furniture producer, has budgeted annual revenue increases of above 10% for the coming years, after 2013 was a year of business consolidation. more

15 mai 2014

The contracts brewers have with restaurants and bars include clauses that are curbing competition, according to a recent report of the Competition Council. Information included in the report may more

14 mai 2014

After having sold its retail business and a set of non-performing corporate loans in 2013, UK's Royal Bank of Scotland now has a branch with a small market share left in Romania. more

14 mai 2014

The bet on Romania, this is how the strategy of Albalact (ALBZ.RO), the largest business in the Romanian milk industry can be resumed. From sales of EUR2.5 million in the early 2000s, the company more

14 mai 2014

On Romania’s market of new construction machines, valued at EUR50 million, backhoe loaders bring half of sales. more

14 mai 2014

Furniture and home décor retailer kika Romania started integration in group Steinhoff, which acquired the Austrian retailer last year, and the most important stage, involving the adjustment of more

14 mai 2014

Leonardo, a Romanian company with a two-decade history, in 2013 lost the leading position in Romanian footwear retail to German-held Deichmann that entered Romania in 2007 with a similar business more

14 mai 2014

Bucharest’s Cismigiu hotel, a monument building of the city, opened in late 2012, ended the first three months of this year with an average occupancy rate of 56%, from the 38% reached in the same more

14 mai 2014

Romgaz, Romania’s biggest natural gas producer, reached revenue of above 881 million euros last year, up 17% from 2009, the toughest year for the Romanian economy after the collapse of Lehman more

14 mai 2014

Farmers have slashed areas cultivated with corn and switched to rapeseed amid the smaller weather risks and higher financial yields associated with oleaginous seed businesses, says Cosmin Chioreanu, more

14 mai 2014

Romanians purchased 50-55 million euros worth of shampoo in 2013, when over 60% of the market was shared by three international giants, namely Procter&Gamble, Unilever and L’Oreal. P&G, including more

13 mai 2014

Erste Asset Management, the biggest mutual fund manager in Romania, wants to raise EUR100 million with six new funds destined to investors seeking alternatives to the falling interest rates of banking more

13 mai 2014

Banca Transilvania (TLV.RO) is in talks to buy a bank or a portfolio, with a possible deal set to be sealed if it brings added value and if it is related to the retail or SME segment, states Omer more

13 mai 2014

The plant Switzerland’s footwear manufacturer Rieker holds in Lugoj, Timis county, ended 2013 with revenue of 220.9 million lei (EUR50 million), down almost 19% from 2012. more

13 mai 2014

New passenger car registrations declined by almost 6% in April compared to April 2013, according to data provided by the Driving License and Vehicle Registration Department (DRPCIV), to a little above more

13 mai 2014

Private healthcare company Sanador, owned by Doris Andronescu, plans to hire almost 200 people this year and thus reach 1,000 employees. more