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

4 mar 2015

The office stock outside Bucharest will rise by around 100,000 square meters this year, on a par with deliveries expected in Bucharest. more

4 mar 2015

US PC manufacturer Dell plans to reach a 10% share of Romania’s consumer computer market this year, after in 2014 it missed its target on the US dollar appreciation and as it did not participate in more

4 mar 2015

The shareholders of dm drogerie markt this January brought EUR4.2 million in Romania, a sum big enough to cover investments in the opening of 9-10 stores, according to ZF’s latest data. more

4 mar 2015

In 2014, UniCredit Leasing kept its leading position on the market, with a market share of above 18%, while Swiss-held Impuls Leasing managed to cement their second position. Competition for the third more

3 mar 2015

In 2014, the almost 2,000 filling stations of Romania generated sales of 40.9 billion lei (EUR9.3 billion), including station store sales, around 4% higher than in 2013. The slightly declining volumes more

3 mar 2015

Romanian cardboard packaging producer Ecopack Ghimbav, controlled by businessman Vladimir Cohn, banks on revenue worth 115 million lei (EUR25.9 million) this year, up 5% from 2014. more

3 mar 2015

Romanian building material producer Siceram Sighisoara ended 2014 with revenue worth 68 million lei (EUR15.3 million), up almost 13% on the year. more

2 mar 2015

The IT&C field is dominated by men given its technical nature, but in recent years women’s presence has increased. more

2 mar 2015

The audit and consulting services market has so far been dominated by men at top management level. However, in recent years, a rising number of women have managed to gain partner positions and in some more

2 mar 2015

Businessman Marius Ivan, founder of construction materials producers Dufa and Henkel Bautechnik and developer of office building North Gate, this winter closed down Piata Pipera he opened in 2012 and more

2 mar 2015

Romania has lost the price advantage it had through the local natural gas production once it completed market deregulation for non-household consumers, according to Frank Hajdinjak, the general more

2 mar 2015

The most influential women on the Romanian capital market handle deals worth billions of lei, manage the private pensions of millions of Romanians and mutual funds or the wealth of affluent investors. more

2 mar 2015

No large bank in Romania has a woman as president or general manager, but 12 women hold vice-president or deputy CEO positions in the boards of the ten largest players in the local system. more

27 feb 2015

The local sweets market in 2014 reached 27,000 tons, almost 5,000 tons (20%) higher than in 2009, but consumption is still considerably lower compared with other European countries, reveals a ZF more

27 feb 2015

From an extremely rigid market, where consumers were captive to suppliers’ satisfaction, energy is now starting to undergo deep changes, compared by people in the field to those of the telecom more

26 feb 2015

Sibiu-based construction company CON-A, one of the 100 largest Romanian-held companies, forecasts revenue of 250 million lei (over EUR56 million) for this year, up 5% on the year, amid market growth more