8 oct 2014

End-June, Romanian companies had around EUR10 billion worth of loans taken out directly from banks from abroad, mostly from Austria and Germany, down by the equivalent of EUR1 billion from June 2013, more

7 oct 2014

Spitalul European Polisano (Polisano European Hospital), part of Romanian group Polisano, is set to invest almost EUR20 million in the coming months to open four new radiotherapy centers. more

7 oct 2014

Banks in Romania in the first eight months of this year sent 706,000 requests for information about potential clients to the Central Credit Registry (CRC), 1,450 requests less than in the same period more

7 oct 2014

With a 210,000-sqm built area, EUR165 million investment, 15 cranes and 1,500 workers, Mega Mall, the shopping center that is taking shape in Bucharest’s Pantelimon area, is the biggest site in the more

7 oct 2014

Romanian aluminum smelter Alro (ALR.RO), controlled by Russia’s Vimetco, wants to add $4 million to its 2014 investment budget, to an overall $18 million, in a bid to achieve its production plan and more

7 oct 2014

Mariana Gheorghe, who has been at the helm of Romania’s leading oil company OMV Petrom since 2006, has been included by U.S. magazine Fortune in its ranking of the most powerful women in the world more

7 oct 2014

Loans granted to companies and individuals by non-banking financial institutions (NBFI) included in the central bank's general registry were worth 21.7 billion lei (EUR4.9 billion) in mid-2014, around more

6 oct 2014

Romanian Business Consult (RBC), the biggest local IT solution integrator for food and retail companies, expects its revenue to grow by around 10% this year, after expanding to new sectors, such as more

6 oct 2014

German-held cosmetics and fast-moving consumer goods retailer dm drogerie markt is set to open its 68th store in Romania, in mid-October, in Targu-Jiu. This will be the company’s second opening this more

3 oct 2014

Dedeman, the largest player on Romania’s DIY market, last month bought a 4.7-ha land plot from former industrial platform Chimopar and has started building its fourth store of Bucharest. The store more

2 oct 2014

Several banks in Romania, inclusively some of those paying interest rates above the market average, have rushed to adjust interests offered to depositors as soon as the central bank cut the benchmark more

2 oct 2014

The 12 networks that operate in the local modern retail after the first nine months of this year reached almost 1,380 stores, 143 more than in late 2013. Companies had to invest EUR130-170 million to more

2 oct 2014

Hotels attracted 90% of the foreigners who got accommodation in touristic units in the first seven months of this year, namely 950,000 visitors from abroad, reveals a ZF survey based on National more

2 oct 2014

The Romanian real estate market is gaining appeal in the eyes of major investors as prices in Spain, Italy or Poland have increased very much and the conflict with Ukraine makes Russia an more

2 oct 2014

The Bucharest Stock Exchange has 40 brokerage firms left, out of the 70 that operated on the Romanian capital market in early 2007, before onset of the financial crisis. more

1 oct 2014

Financial leasing companies in Romania, which operate on a market worth EUR1.2 billion, had 1,200 employees in late March 2014, almost 200 employees less than in the year earlier period, according to more

1 oct 2014

Farmec Cluj, the biggest local cosmetics producer, launched a dermo-cosmetics line, under the brand Gerovital H3 Derma A, which it will exclusively sell in pharmacies. more

1 oct 2014

Most money transfers to Romania operated through Western Union were made from Italy, Germany and Spain, and the average value of a transfer is around $300, said Daniela Budurea, Western Union country more

30 sep 2014

Hospitals have not been a winning bet for many private healthcare operators in Romania and the market will be hit by significant insolvencies next year, said Mihai Marcu, managing board president at more

30 sep 2014

Businessman Iulian Dascalu, owner of Iulius Mall shopping center network nationwide and of mixed development Palas in Iasi, started works for a new office building with a rentable area of 15,000 more

30 sep 2014

The European Bank for Reconstruction and Development (EBRD), the international financial institution with EUR6.8 billion worth of investments in Romania, is still interested in supporting the more

30 sep 2014

Italy’s Stefanel, the first foreign fashion brand that bet on the Romanian market in the early ‘90s, says it has 5-6 production partners in Romania, with around 20% of clothes sold at group level more

30 sep 2014

Retail has come to take up one quarter of the over 300 spaces of Bucharest’s old town, an area still dominated by HoReCa units. more

29 sep 2014

Sfetozar Bugarszki, one of the most important individual shareholders of Romania’s cable TV company RCS&RDS, put up for sale, through an announcement published in ZF, a 6% stake in RCS Management, more

29 sep 2014

Supeco Investment company, set up this spring by Carrefour Romania (with a 90% stake) and Artima (10%) late last week opened the first store in Romania, in Ramnicu-Valcea, a unit with a 1,700-sqm more