21 iun 2013

South-Korean giant Samsung registered turnover of around 2.4 billion lei (EUR534 million) in Romania in 2012, up 55% on the year, which ranks it among the 30 largest companies in the economy, more

21 iun 2013

The three largest DIY and construction materials distribution players last year were three Romanian-held companies – Bacau-based Dedeman, Galati-based Arabesque and Sibiu-based Ambient, whose total more

20 iun 2013

The Romanian Government protects the tobacco industry to the detriment of non-smokers by opposing a European directive aiming to reduce smoking, despite the fact that one in three Romanian adults more

20 iun 2013

Romania’s Finance Ministry borrows in lei at costs 2% higher than the yield paid by Poland for t bonds in zloty, although the two countries have the same financing needs in ratio with the size of more

20 iun 2013

The revenues of the 10 largest oil companies in Romania rose by over EUR1 billion last year to almost EUR14 billion, on a market where fuel demand fell by around 2%-3%. more

19 iun 2013

Cezar Gheorghe, the CEO of Ameropa Grains (with EUR198 million sales last year), Victor Beznea, head of Nidera Romania (estimated turnover of EUR85 million last year) and Tsvetan Iliev, general more

19 iun 2013

Oil, car manufacturing and food retail are the industries that supply the biggest number of top-ranking companies in the Romanian economy. The top ten players had sales of EUR20 billion last year, up more

19 iun 2013

Dan Radu Rusanu, head of the financial supervisory authority ASF, said in his first statement since taking over at the helm of the institution, that he does not agree to the secondary listing of more

18 iun 2013

Romania is in the spotlight after welcoming the heads of the World Bank and the EBRD and now it is getting ready for the upcoming visit of the International Monetary Fund Managing Director Christine more

18 iun 2013

The recently-opened road-rail bridge over the Danube River, linking Calafat (Romania) to Vidin (Bulgaria), will reduce transporters’ route through Romania by around 230 kilometers, Radu Dinescu, more

18 iun 2013

MOL Romania, the local subsidiary of Hungarian oil group MOL, last year obtained a net profit of EUR17 million (76.1 million lei), after an over EUR3 million loss in 2011, caused by a fine by the more

17 iun 2013

Insolvent and bankrupt companies in Romania had overdue debts of 9 billion lei (EUR2 billion) at the end of April for loans taken out from banks, which translates into nearly 40% of corporate more

17 iun 2013

Romanian President Traian Basescu said he is not afraid the exchange rate fluctuations might get out of control, arguing things will get back to normal after significant capital outflows were also more

17 iun 2013

An average wind farm in Romania has a capacity of 50 MW, way above the European average, due to the low population in rural areas in Dobrogea (SE Romania), the region boasting the best wind in more

14 iun 2013

The second day of ZF Bankers Summit ’13 brought up the weaknesses in the economy and the issue of insolvencies weighing on banks’ loan portfolios. One solution would be for the state to more

14 iun 2013

Coca-Cola HBC Romania, the largest player on the local soft drinks market, reported sales of EUR435 million last year, up 6% from 2011, and a net profit of EUR33 million, up 8% on the year. more

14 iun 2013

Romanians’ stock market investments have reached 18.1 billion lei (EUR4.1 billion) and the bulk mainly target financial instruments like stocks and bonds, while around RON300 million are held in more

13 iun 2013

Bankers are awaiting the return of economic growth before genuinely restarting lending, but they admit there are good some businesses worth more attention, even at this time, when there are no signals more

13 iun 2013

Almost 140 km of highway costing around EUR930 million have 2013 as a completion deadline, shows a ZF analysis based on data provided by the National Highways and Roads Company in Romania (CNADNR). more

13 iun 2013

The top five Romanian-held construction companies reported an overall turnover of EUR600 million in 2012, which is equivalent to around 6% of the value of the Romanian construction market. more

12 iun 2013

Orange, the largest player on the mobile telephony market, has this Wednesday officially entered the satellite TV market, planning to turn this service into a mass-market one. Orange wants to attract more

12 iun 2013

German car part maker Draexlmaier, the third largest employer in the Romanian automotive industry, plans to hire more than 1,000 people at its Romanian plants in Codlea and Satu Mare, which make more

11 iun 2013

Economy Minister Varujan Vosganian said on Monday at ZF Live, the business show broadcast daily on zf.ro from 10:00 to 11:00 every morning that bank financing has become a problem for more

11 iun 2013

How has Marfin Bank managed to deal with the pressure of the deposit withdrawals caused by the Cypriot crisis and how has it overcome the delicate period that followed the takeover of deposits from more

11 iun 2013

Ludwik Sobolewski, former president and chief executive of the Warsaw Stock Exchange, is in advanced talks with the management of the Bucharest Stock Exchange (BVB.RO) to take over as executive more