18 mar 2015

Real estate market players expect 2015 to be the best year after the crisis by the number of new projects, deals, gained investors, funding or rental contracts. Ziarul Financiar has pinpointed ten more

18 mar 2015

Romanian businessman Adrian Porumboiu will delist Comcereal Vaslui (CCEV), the biggest grain producer of the ten traded on RASDAQ market. He would have to pay RON5.7 million to minority stakeholders more

17 mar 2015

Adrian Purcarea, 41, the executive who has run private healthcare operator Medicover in the past almost two years, is set to leave this position in May. He will move to America together with his more

17 mar 2015

Gherla-based Sortilemn furniture maker, a major local supplier of Swedish IKEA, exported furniture worth almost 150 million lei last year, namely 83.5% of total sales. more

17 mar 2015

French cosmetics producer Yves Rocher, which has been operating a retail network and mail order sales system in Romania for more than a decade, wants to reach 50 stores in Romania by 2020, from 34 at more

17 mar 2015

Norway’s sovereign fund, with assets five times bigger than Romania’s GDP, in 2014 doubled its bet on Romania, reaching EUR115 million worth of investments in nine Romanian listed companies. more

16 mar 2015

The six largest players in Romania’s modern retail, with overall revenue of around EUR6 billion in 2014, according to ZF estimates, are present in the ranking of the 500 biggest importers locally, more

16 mar 2015

Insurance brokerages in 2014 brokered premiums worth 4.56 billion lei, up 16.3% from 2013, accounting for over 56% of the total gross premiums underwritten on the insurance market, according to more

16 mar 2015

Bucharest’s northern area, dominated until recently by around 10 luxury restaurants, opens up for mass businesses as well as Beraria H entered Herastrau park last autumn and Pescarus restaurant has more

16 mar 2015

The 16 most traded companies listed on the Bucharest Stock Exchange (BVB), including SIFs, are likely to pay overall dividends with a gross value of above 3 billion lei (EUR675 million) this year, more

16 mar 2015

Italian builder Astaldi, which completed Bucharest’s Basarab passageway and Arena Nationala stadium, in 2014 posted a significant revenue increase in Romania, which contributed to the overall more

13 mar 2015

US group Whirlpool started integrating Italy’s Indesit for which it paid $1 billion last year and Jeff Fettig, the chief executive officer of the newly created giant, states this means rising more

13 mar 2015

At 26, Mihai Calinescu works for BlackRock, the world’s biggest money manager and handles assets worth one billion dollars for which he has to find the most lucrative placement. He would invest at more

13 mar 2015

Claudiu Dorcioman, the Romanian who was appointed last year as head of beverage sales at giant PepsiCo in Romania, says the way the structure of retail has changed in recent years, with major networks more

12 mar 2015

Wargha Enayati, founder of private healthcare provider Regina Maria, a major player on this market, estimates the Romanian healthcare subscription market reached 600,000 units, but its potential is more

12 mar 2015

The major problem of Romania’s paint market is the lack of consumption as the construction field has not managed to completely regain health after the crisis, says Marinica Potop, general manager more

12 mar 2015

From 2008 to 2013, Romania lost 10,000 jobs in the refining industry, a period during which oil processing capacity halved as Arpechim and Rafo Onesti, some of the biggest local refineries were shut more

11 mar 2015

Romania needs a clear strategy to attract foreign tourists and needs to promote a niche segment abroad in the context where its seaside is not an attractive destination because of the prices that are more

11 mar 2015

Amethyst, a cancer treatment center network started in Bucharest and then expanded in other states, plans to reach a 20-center European network by 2020 from six at present. The centers are owned by more

11 mar 2015

Romanians spent almost 3.5 billion lei (EUR800 million) on cosmetics last year, 5% more on the year, with the increase mainly supported by online sales, which soared. more

11 mar 2015

The insurance market needs a capital inflow of one billion lei (EUR225 million) this year, inclusively for the capital increases at Astra and Carpatica Asig, after RON600 million were injected in more

10 mar 2015

Trans-Oil, the business controlled by millionaire Vaja Jhashi and the biggest agri-business group in the Republic of Moldova, took the first step to erect a silo that can store 20,000 tons of oilseeds more

10 mar 2015

Four energy companies in Romania employing 14,000 people are speaking about a steep shortage of personnel from among secondary education graduates in the technical field and are mentioning a true more

10 mar 2015

Spanish-held Inditex is set to open ten stores in Romania in 2015 in Bucharest’s Mega Mall and Brasov’s Coresi shopping centers and thus reach 108 units under seven brands, including Zara, more

4 mar 2015

Companies with almost 53,000 employees, led by Dacia and Petrom, Romania’s biggest businesses, have switched to private health insurance over the past year and other companies are also mulling this more