29 sep 2014

The Romanian bourse ranks 26th in the world in terms of increases reported this year, with a 10.4% return, which places it ahead of the mature markets of the US and Germany. more

29 sep 2014

Four local insurance companies got to hold a position among the region’s biggest 50 insurers by 2013 underwritings, but only one managed to climb one spot against the previous year, according to a more

26 sep 2014

Japan’s car part producer Yazaki is set to open two new production units in Romania, in Braila and Urlati (Prahova county), where it will hire 4,000 people. more

26 sep 2014

The 3,061 companies operating in Romania’s food, beverage and tobacco wholesale sector in 2013 generated overall revenue worth 21 billion lei (EUR4.75 billion), down 6% in lei on the year. more

26 sep 2014

Banks in Romania need to complete balance sheet cleanup and focus on resuming lending, to the end of generating new sources of profitability and sustainable growth. more

26 sep 2014

Analysts’ confidence in the economy weakened further as Romania entered technical recession and amid local political tensions, with both the perception about current conditions and expectations more

25 sep 2014

The Bucharest Stock Exchange (BVB) will have a team of licensed consultants, made up of brokers, consultancies, law firms or auditors, meant to help it attract companies on the alternative trading more

25 sep 2014

Businessman Marius Bucur, who owns Brise Group, the biggest Romanian-held agricultural trader, in August registered NBFI Brise Capital Group. more

25 sep 2014

World Class Romania, the country’s largest fitness chain, saw revenue go up by 44% in the first nine months of this year. A similar increase was registered in terms of the number of members. more

25 sep 2014

This summer’s beer consumption in Romania was weaker than last year’s and there’s little time left until yearend for the first half's declines to be recouped, says Onno Rombouts, president of more

25 sep 2014

Kaufland, the biggest player in Romanian retail, is set to add 7,200 square meters to its warehouse of Turda (Cluj county), the company’s second logistics center after the one in Ploiesti, and is more

25 sep 2014

The falling unemployment rate, but also the declining number of inhabitants (Romania now has below 20 million inhabitants) were two of the factors that led to labor market improvement, so that the more

24 sep 2014

TotalSoft, one of Romania’s biggest software producers, controlled by Greek investment fund Global Finance, is set to increase revenue by at least 15% this year and around one third of revenue will more

24 sep 2014

End-August, banks in Romania had loans granted to individuals and companies worth 213.6 billion lei (EUR48.4 billion), the equivalent of almost RON8.5 billion below the level of the year earlier more

24 sep 2014

Gherla-based Sortilemn furniture producer, a major local supplier of Swedish group IKEA, generated revenue worth EUR22.3 million in the first half of the year, up 35% from the year earlier period, more

24 sep 2014

Mechrom Industry, with two production units in Romania, gets 10% of total raw materials used in bicycle part production from Romania. In three years, though, the local subsidiary of Italy’s group more

24 sep 2014

Romania in 2013 exported EUR164.6 million worth of detergent, soap and cleaning products, almost 125% more from 2008, the last year of economic boom, according to National Statistics Institute data. more

23 sep 2014

Italian winemaker Marchesi Antinori has completed a EUR5 million investment in Dealu Mare, one of Romania’s main vineyard areas, and expects 400,000 bottles of wine to be churned out in the recently more

23 sep 2014

The almost EUR1 billion investments carried out in the past two years in two of Romania’s largest refineries, Petromidia and Petrobrazi, are likely to completely wean the local market off imports of more

23 sep 2014

The Bucharest Stock Exchange (BVB) launched a new index that will take into account the trend of stocks included in the BET benchmark index, as well as the dividends approved by the 10 most liquid more

22 sep 2014

Sibiu-based construction company CON-A, owned by businessman Mircea Bulboaca, one of the 100 largest Romanian-held companies, had revenues of RON75 million (around EUR17 million) in the first half of more

22 sep 2014

Can Pack Romania, the only Bucharest plant manufacturing aluminum cans for beer and soda, with clients such as Heineken, Bergenbier, SABMiller or Tuborg, ended the first 8 months of this year with more

22 sep 2014

Fair Value, a local company that exclusively implements business software solutions developed by Germany’s SAP, plans to grow its business by tapping foreign markets where SAP leads and where more

19 sep 2014

Health insurance, which has lagged behind on the private healthcare market, had a strong start to the year in 2014, as companies with over 54,000 employees signed contracts with insurance companies. more

19 sep 2014

Romanian state-owned postal operator Posta Romana is preparing for its second privatization attempt. Investors interested in taking over the majority stake in the company must submit non-binding bids more