6 sep 2013

The start of sales of Dacia’s new Duster SUV on the local market is the most anticipated event by Dacia dealers in the second half of this year. more

6 sep 2013

French DIY retailer Leroy Merlin, which owns one store in Romania, in retail park Colosseum in Chitila, near Bucharest, registered turnover of EUR21 million locally in 2012, according to data obtained more

5 sep 2013

Romania’s economic growth would have been 3% in the first half of the year if investments had at least been flat. more

5 sep 2013

New office spaces with a lettable area of around 140,000 square meters will become available in Bucharest within a year, according to a ZF analysis which took into consideration the six projects with more

5 sep 2013

The temporary reduction of state support for renewable energy producers starting July 1 is showing its first effects and the sum investors will have to recover for July reaches about EUR14 million. more

4 sep 2013

Expanding the 4G mobile data network (LTE) and migration of Cosmote’s and Romtelecom’s communications infrastructure towards the All-IP technology are on the investment agenda of German group more

4 sep 2013

Producers and importers of alcoholic beverages started to increase prices by up to 30% as of September 1, arguing the measure raising excise duties on alcohol to EUR1,000 per hectoliter will boost the more

3 sep 2013

Anna Ruszczak, campaign planning manager for Central and Eastern Europe within cosmetics company Avon, says sales of the company’s luxury range are rising significantly at a time when consumption is more

3 sep 2013

Romania can raise over EUR1 billion from local resources and to buy shares in state-run companies Nuclearelectrica, Romgaz, Hidroelectrica and Electrica. more

3 sep 2013

Furniture maker Aramis Invest, based in Maramures, northern Romania, recorded a turnover of 251 million lei (EUR57 million) in the first half of this year, up 14% on the similar period of 2012. more

22 aug 2013

Romanian state-run energy holding CE Hunedoara will invest 907 million lei (EUR203 million) to refurbish an electricity production unit and make it less polluting, according to an announcement more

22 aug 2013

Carmakers Dacia and Ford could produce over 420,000 cars in Romania this year, 30% more than in 2012, if they keep up their current production pace. more

22 aug 2013

EDP Renovaveis, the renewable energy division of Energias de Portugal, one of the biggest investors in green energy in Romania, continues the development of wind and solar parks and currently has more

21 aug 2013

The largest oil companies in Romania, Petrom, Rompetrol, Lukoil and MOL Romania, together control around 1,400 gas stations, according to data provided by the companies. more

21 aug 2013

The 100 largest companies controlled by Romanian entrepreneurs are over-indebted and would need EUR5.6 billion in fresh capital in order to reach European average indebtedness indicators in the more

21 aug 2013

Audit and consultancy firm KPMG is involved in a transaction to sell a portfolio of non-performing loans with a nominal value of over EUR100 million, Serban Toader, Senior Partner of KPMG Romania, more

20 aug 2013

The Romanian Finance Ministry has put aside a forex reserve of EUR6 billion, the so-called “fiscal buffer” needed to supply liquidity in case of new shortages on financial markets and if Romania more

20 aug 2013

The number of investment accounts on the Bucharest bourse rose by over 5,000 in the second quarter of this year, the highest rise since the crisis started in 2008. The rise was driven by Transgaz’ more

19 aug 2013

The profits reported by companies in Romania fell last year by over 5 billion lei (EUR1.1 billion) to RON60 billion, which shows that 2012 was very difficult 2012 for the corporate sector despite a more

19 aug 2013

Mariana Gheorghe, CEO of Romania’s largest oil company OMV Petrom (SNP.RO), said Petrom and US ExxonMobil, its partner for deepwater Black Sea exploration, set off talks with Transgaz to analyze the more

16 aug 2013

The 10 most profitable companies on the Bucharest stock exchange obtained a combined profit of 3.7 billion lei (EUR848 million), 9.1% more than profits made in the similar period of last year. more

16 aug 2013

Norwegian shareholders of the shipyard in Tulcea, southeastern Romania, secured a contract worth $1.1 billion whose ultimate beneficiary is Brazilian state-run oil giant Petrobras, a group with annual more

16 aug 2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) registered in July the lowest level of assets since inception, which turned it into the “smallest” SIF, with a wealth of 1 billion lei more

15 aug 2013

Over 7,350 Romanians made tops, skirts and dresses of 568 million lei (EUR128.5 million) for Swedish retailer H&M last year, according to ZF calculations based on data from the Finance Ministry. more

15 aug 2013

US hedging fund Elliott Associates and investment fund City of London, the two largest shareholders of Romanian investment fund Fondul Proprietatea (FP.RO), gained 170 million lei (EUR38.6 million) more