11 feb 2013

Eugen Paturan, the head of footwear retailer Bata Romania says customers are now more concerned about product features than about price when they do their shopping, as opposed to before the crisis. more

11 feb 2013

Romanian businessman Eugen Paturan, who owns with his wife the franchise for footwear retailer Bata for the local market, is seeking investment opportunities in agriculture and production after all more

8 feb 2013

A Chinese investor is making a bet of around EUR100 million to build the largest solar park in Romania, while other Chinese companies want to invest in wind turbine manufacturing. more

8 feb 2013

The Romanian state, through Electrica, is seeking justice in Paris in matters concerning European energy giants’ non-compliance with clauses in the privatization contracts. more

7 feb 2013

The management of the Bucharest Stock Exchange (BVB) wants to introduce a fixed fee of 3,500 lei per month for brokerage firms and cut the value of variable fees from the value of transactions in more

7 feb 2013

The cuts to deposit interest rates announced by banks in the last few weeks will not also mean a cheapening of loans, according to Rasvan Radu, executive president of UniCredit Tiriac Bank. more

7 feb 2013

Romenergo, a company that has been active for over 35 years in the energy sector, says as the country has become de-industrialized, companies that used to have a rich activity on foreign markets have more

6 feb 2013

State-owned companies are “like a stone around Romania’s neck” and hold back the country’s growth, which Romania cannot afford, Martin Harris, the UK’s ambassador to Bucharest, told ZF in an more

6 feb 2013

Adrem Invest, a Romanian-held company specializing in industrial equipment, says state support for Romanian companies in major international auctions can be key to developing the local industry. more

5 feb 2013

Jidvei, one of the largest wine producers in Romania, is focusing on the premium and superpremium wine segment, which local players are only now starting to tap into. more

5 feb 2013

The top 30 payments made by the Romanian roads authority CNADNR last year show the inefficient infrastructure spending, with Bechtel receiving EUR76 million for 600 m of highway. more

5 feb 2013

In the history of the Bucharest stock exchange since its re-establishment in 1995, the only investors who have not recorded positive real returns up to the present are those unfortunate enough to buy more

4 feb 2013

Four companies behind which are the lawyers of law firm Bostina & Asociatii and former sales managers of major IT companies, will collect over EUR600,000 to conduct a feasibility study and to manage more

4 feb 2013

Interest rates are declining and the leu is appreciating, while consumption is down, the economy is stalling and there is no improvement in standards of living. more

4 feb 2013

Small-cap stocks were the highest risers in the first month of this year, although the bulk of the money still went to better-known stocks, included in the main BET index and regional investment funds more

1 feb 2013

Bancpost, the subsidiary of Greek bank Eurobank, will try to take advantage of the proven stability of deposits attracted and push interest rates offered by Greek-held banks down, says Anthony more

1 feb 2013

South-African investment fund New Europe Property Investment (NEP.RO) could buy one of the leading business centers in Bucharest in a deal estimated at around EUR70 million. more

1 feb 2013

Opher Linchevski, chief executive of Israeli transport and logistics company Maman Group, part of giant Taavura, says it took over 65% in Romanian transport and logistics firm International Business more

31 ian 2013

Cutting social security contributions is a way to stimulate the economy, given that Romania has remained one of the countries with the highest levels of social security contributions, 44.45% of the more

31 ian 2013

Siminel Andrei, who runs the Bucharest operations of US investment fund NCH, one of the biggest investors in the Romanian economy 10-15 years ago, believes the best deal the fund made in Romania more

31 ian 2013

Alexandru Petrescu, managing partner of real estate consultancy Esop, one of the leading Romanian-held consultancies, says Bucharest has vacant office spaces with a lettable area of over 600,000 more

30 ian 2013

After four years of crisis marked by several occasions when it was at the banks’ mercy, the Finance Ministry continues to say “no” to gathering funds from the population, which could be a source more

30 ian 2013

Radacini Group, one of the largest car dealers in Romania, with annual turnover of over EUR100 million, has kept its turnover steady in the past few years by taking part in auctions and by delivering more

29 ian 2013

Mihai Rohan, former general manager of Carpatcement Holding between 2000 and 2010, and chairman of the board in the past few years, is leaving the company. more

29 ian 2013

The precautionary arrangement that Romania sealed with the International Monetary Fund in the spring of 2011 and which was supposed to end in April 2013 has reached a turning point: Romania asked for more