17 ian 2013

The Italo-Romena Bank, controlled by Italian group Veneto Banca, bought the Nova Building office building in December, where it has been headquartered since 2008, in a EUR17 million deal, according to more

17 ian 2013

Bogdan Enoiu, who runs communication group BV McCann Ericskson Romania, is close to finalizing a EUR4 million investment in a solar park located close to Ploiesti, southern Romania. more

16 ian 2013

Romelectro Bucuresti, one of the largest providers of services for the energy industry in Romania, will take part in international auctions for projects worth a total of over $400 million (around more

16 ian 2013

Car sales fell by almost 25% in 2012, to around 71,000-72,000 units, according to car market players, the lowest level in 12 years. more

16 ian 2013

U.S. company IBM, the world’s largest provider of IT services, recruited Valeriu Nistor, former general manager of Xerox Romania and then of Xerox Austria, to run the Romanian subsidiary of IBM, more

16 ian 2013

The budget of Romania’s largest bank BCR in 2013, which is set to be approved by the General Shareholders’ Meeting on January 23rd, provides for a profit at the end of the year, although the more

15 ian 2013

With state-run hospitals losing patients, doctors and nurses to the private sector, the health minister has decided to suspend state financing to the private sector. But in the absence of competition, more

15 ian 2013

Inditex, the world’s largest fashion group, produces over eight million clothing and footwear items under contract in Romania per year, i.e. 1% of its production worldwide. more

15 ian 2013

Cluj County Council says it is in advanced talks with a multinational company that plans to invest EUR1 billion in a production facility in industrial park Tetarom III in Jucu (Cluj county), where the more

15 ian 2013

TCE 3 Brazi, with turnover of around EUR100 million from agriculture, livestock farming and the wood industry, has completed a EUR8 million investment in a large-size silo with a capacity of 40,000 more

14 ian 2013

Liviu Voinea, minister-delegate for the state budget, said in an interview for Ziarul Financiar, that the Ponta Government inventoried state assets, both in public institutions and state-run more

14 ian 2013

Omniasig, the largest insurer in Romania, controlled by Austria’s Vienna Insurance Group (VIG), has budgeted a one-digit turnover increase for this year. The company plans to narrow down its segment more

14 ian 2013

The largest players on the recruitment and personnel leasing market in Romania saw significant rises during the crisis period, with the market doubling in value, while the market of executive search more

11 ian 2013

Sorina Placinta, shareholder of clothing manufacturer Sorste and former youth and sports minister, says the production price of a blouse is determined based on how long it takes to manufacture it. more

11 ian 2013

The 100 most powerful executives in the Romanian economy run companies with a cumulated turnover of more than EUR60 billion in 2011 and are in charge of over 350,000 employees. Their management more

10 ian 2013

Gefco Romania’s turnover growth will be driven this year by trade with countries such as Russia, Kazakhstan and even China, as traditional countries for Romanian exports, Western European countries, more

10 ian 2013

The sons of Romanian entrepreneur Costel Casuneanu, Costel (29) and Ionut Casuneanu (26), owners of major construction firm Pa & Co International, will build an office tower in central Bucharest in more

10 ian 2013

Fund managers are optimistic and expect the Bucharest Stock Exchange to rise by 10-15% in 2013 amid an improvement in foreign investment sentiment over Romanian assets, as well as over more appeased more

9 ian 2013

One explanation for the difference between preliminary GDP data and the “almost final” GDP data could be that companies’ losses increased after they could not factor in their higher raw material more

9 ian 2013

The last three months of 2012 were very intense for the bilateral contracts platform of energy exchange OPCOM, with 190 out of the year’s 254 transactions sealed in the period. more

8 ian 2013

27 of the 50 markets analyzed by ZF could see rises this year. 18 of them could stagnate, with only 5 sectors expected to decline. more

8 ian 2013

Francois Melchior de Polignac, the Frenchman who runs Carrefour Romania, says he is going ahead with expansion in 2013, keeping the past few years' pace. more

6 ian 2013

Greek banks in Romania had deposits of EUR4.3 billion left in September last year, down by the equivalent of EUR600 million compared with September 2011, according to data published by shareholders in more

6 ian 2013

In the seven years since taking over lender Banca Comerciala Romana (BCR), Austria’s Erste has gained a lot of experience, but the bank it now controls is far from the plan it dreamed up in 2005. more

6 ian 2013

The Romanian subsidiary of Taiwan’s Acer, one of the world’s largest PC manufacturers, recorded 10% higher sales in the fourth quarter of last year, the company’s sales manager Bogdan Iftemie more