4 sep 2014

Brasov-based Visual Fan, which sells various electronics under the Allview brand, sold 350,000 tablets and smartphones in the first half, from 150,000 units in the same period of last year, according more

3 sep 2014

Banks in Romania continued to reshuffle their territorial networks in the past year, but fewer units were closed down, a sign that bankers do not want to risk having too few units when lending starts more

3 sep 2014

The first six months of 2014 brought a record in terms of Romania’s energy exports, with domestic producers sending over 3 terawatt hours of electricity abroad, the highest level since 2007, the more

3 sep 2014

Alba-based Supremia Group, a food ingredient producer controlled by entrepreneur Levente Bara, Suceava-based Betty Ice, the second largest producer of ice-cream owned by Vasile Armenean, and Sonimpex more

3 sep 2014

Cristian Rey, a veteran of the consumer goods industry, left Intersnack Romania’s management after 16 years. For the moment, he is taking a break and then is set to return to the FMCG industry. more

3 sep 2014

One third of the 100 largest players in Romania’s processing industry in 1994 no longer exist or have zero revenue, and 15 of them have revenue of below $10 million, reveals a ZF survey based on more

2 sep 2014

German-held retailer Kaufland, the biggest player in Romanian retail, opened its first small format (around 2,000 square meters) store in Romania. The store was opened in Gherla locality of Cluj more

2 sep 2014

RCS&RDS, the biggest player on Romania’s cable TV market, continues to buy smaller players in the industry, having gained around 50,000 subscribers through these deals since the beginning of the more

2 sep 2014

Romanian electricity distributor and supplier Electrica (EL.RO), listed on the Bucharest stock exchange in July following a 1.9 billion lei (EUR432 million) initial public offering, is likely to be more

2 sep 2014

Land plots, retail spaces, offices or logistic centers with a market value put at some EUR750 million changed their owners in the first 8 months of this year as 30 deals were clinched. However, more

2 sep 2014

Bucharest is annually visited by 2.44 million tourists, who come to Romania’s capital city either on business or on holiday. more

1 sep 2014

Arsis Trading, the largest telecom store network controlled by a Romanian entrepreneur, registered revenue of RON58.3 million (EUR13.1 million) in the first half of this year, up 4% compared to the more

1 sep 2014

Marius Chereches, former manager of companies such as Ozone or PharmaFarm, has in the past four years developed Ecofarmacia pharmacy network, which has reached 26 units in Ardeal area of Romania. more

1 sep 2014

Romania currently has ten highway sites on which builders are working or are set to start works by year-end, according to a ZF survey based on data provided by the national road authority CNADNR. The more

1 sep 2014

Beer sales fell by 8% to 7.8 million hectoliters (785 million liters) in the first six months of this year, taking further last year’s downward trend, in an industry that depends on football more

31 aug 2014

Five companies owned by Romanian entrepreneurs in 2013 raked in almost EUR1 billion from fuel trade and four of them have just 360 employees overall. Romania has only 50 domestic-held companies with more

29 aug 2014

Chinese-held Lenovo, the biggest player on the domestic PC market, has recently launched its smartphone range in Romania, for which it expects sales of 100,000 units by next spring. more

29 aug 2014

Romanian currency-denominated consumer loans in July registered the first annual increase in the past five years, reaching RON23.5 billion, 0.1% above the level of the same period of 2013, according more

29 aug 2014

The deal was carried out through NEPI’s taking over and paying a EUR22 million loan to Austria’s Volksbank. more

29 aug 2014

Romania’s M&A market is likely to overshoot the EUR2.5 billion mark in 2014, a level it has not reached in the past six years, should two major deals be clinched by the end of December. more

29 aug 2014

U.S. freight trader Cargill and Transport Trade Services (TTS), a company owned by Romanian entrepreneurs, completed a EUR15 million project to double the storage capacity of Canopus Star grain more

29 aug 2014

Tarom’s most-awaited direct flight, Bucharest-Beijing, cannot be launched on the lack of an approval to fly above the Russian airspace. more

28 aug 2014

Ziarul Financiar tracked the prices of ten core items in Romanians' baskets over the past six years and analyzed their trend in the May 2008-August 2014 period, when the consumer price index rose by more

28 aug 2014

The Dragasani vineyard, one of the best-known in Romania, comprising 1,000 hectares of vine, was almost entirely hurt by the powerful hailstorms of mid-July. Thus, this year’s production is largely more

27 aug 2014

Banks in Romania had retail and corporate loans worth just 213.8 billion lei (EUR48.3 billion) left in their portfolios at the end of July, a three-year low, as they are unable to sell enough loans in more