15 mai 2013

The Transport Ministry will on Wednesday have the shortlist of companies that remain in the race for buying the majority stake in state-run CFR Marfa, the largest railway freight transporter in more

14 mai 2013

The Finance Ministry is considering issuing government bonds dedicated to the population for the first time in almost ten years in order to expand the investor base and to encourage long-term savings, more

14 mai 2013

Over 5.8 million Romanians collected an average of 1,861 lei (EUR421) after five years of mandatory contributions to private pension funds, with the amount raised so far being enough to buy a holiday more

14 mai 2013

A McLaren, an Aston Martin, and two Ferraris were registered on the Romanian market in April, with a total price of almost EUR1 million. more

14 mai 2013

Each Romanian bought 4.8 kilos of detergent last year, for which they paid an average of 42 lei, with the price rising almost five percent between 2010 and 2012. more

13 mai 2013

The business volume of the European Bank for Reconstruction and Development (EBRD), a multilateral financial institution which includes Romania among its shareholders, stood at EUR612 million last more

13 mai 2013

Winemakers expect this year to be another difficult year and for consumption to decline after a first quarter where customers did not spend very much and the market felt the “pressure of more

10 mai 2013

The investment in the Craiova-Pitesti highway or expressway, which is set to be built under concession for EUR1,7 billion or around EUR40 million per km, will be recouped only from road tolls in more

10 mai 2013

The management of Raiffeisen Bank Romania has received the approval of the parent bank to launch a bond issue in lei of up to 500 million lei with a maximum five-year maturity dedicated to the more

10 mai 2013

Oltenia Energy Complex (CE Oltenia), Romania’s largest coal-fueled energy producer, covering over 30% of the local consumption, is now working at only 2% of its installed capacity, a situation not more

9 mai 2013

No sooner had Porsche Aviatiei showroom in Bucharest closed at the end of April, than information and even pictures surfaced on the real estate market related to the future office building Greek more

9 mai 2013

The exposure to Romania of French banking group Societe Generale, which controls the country's second largest lender BRD (BRD.RO), fell by EUR600 million (5.3%) in 2012, to EUR11.7 billion. more

9 mai 2013

China Huadian Engineering could get the permit to build a EUR1 billion coal-fired power plant near the Rovinari thermal power plant in November, and construction work could start towards the end of more

8 mai 2013

Comarnic-Brasov (58 km) and Craiova-Pitesti (121 km) highways, as well as Bucharest’s southern bypass route (48 km), are set to be built under concession, but the huge costs accepted by the Romanian more

8 mai 2013

With the entire 100 million-lei profit from 2012 still in its accounts, regional investment fund SIF Crisana-Banat (SIF1.RO) is going ahead with its plan to take part in the privatization of postal more

7 mai 2013

Romanian modern retail is dominated by foreign networks, which boast annual sales of EUR8.5-EUR9 billion. No local entrepreneur manages to compete against Kaufland, Lidl and Carrefour, and none have more

7 mai 2013

Zoltan Brassai, general manager of Ford Romania, who is in charge of the company’s sales, is concerned that the Romanian “Rabla” clunkers scheme could become a scheme where old cars are replaced more

7 mai 2013

Marius Popescu, general manager of ING Pensii, the largest pension fund on the Romanian market, says if liquidity of the Bucharest bourse remains the same, local pension funds will have to redirect more

3 mai 2013

McDonald’s, the largest player on the Romanian restaurant market, with turnover of EUR94 million in 2011, will buy an almost 2,000 square-meter plot from the Craiova City Hall. The company had up to more

3 mai 2013

The ten leading highway construction sites in Romania advanced at a slow pace in March, despite good weather for works. more

3 mai 2013

Companies listed on the Bucharest Stock Exchange paid overall dividends of 3.03 billion lei (almost EUR700 million) this year from 2012 profit, down by 17% from the amounts paid in 2011, when more

2 mai 2013

Carrefour’s sales per square meter almost halved between 2008 and 2012, although the retailer opened about 70 new stores and launched a new store format - convenience stores. more

2 mai 2013

Despite the scandal surrounding the suspension of the activity at the Bank of Cyprus for almost a month and despite talks on the risk of putting money in deposits at high interest rates, Greek and more

2 mai 2013

Romanian Timisoara-based furniture producer Rus Savitar, held by the Rusu family, will hire around 400 people this year, after it completes an EUR6 million expansion project started in 2012. more

1 mai 2013

Belgian real estate developer Warehouses DePauw (WDP), which owns a logistics park supplied with solar energy in Arges county (southern Romania), plans to build photovoltaic parks of over 10 MW close more