12 dec 2012

The future single watchdog of Romania’s financial markets could be no more than a formal change because it is still parties who appoint the management. more

12 dec 2012

The 6 percent gap between the interest rate on loans in the Romanian currency and that on loans in euros is too high for large companies, which means that even companies who do business exclusively in more

11 dec 2012

For the stock market it matters little who won the elections and there are no shares which stand to gain or lose from the victory of the ruling coalition (the Social-Liberal Union, or USL) in more

11 dec 2012

The national roads authority in Romania (CNADNR) intends to put up for concession two contracts for designing and building Craiova-Pitesti and Ploiesti-Buzau-Focsani highways, which are set to cost up more

10 dec 2012

Dutch-held insurer Eureko has to pay EUR6.6 million in damages to a Sibiu-based company for an insurance policy covering transported goods, one of the biggest compensation payments in the history of more

10 dec 2012

Laurentiu Lupusor, general manager of construction materials producer Baumit Romania, says 2012 was a difficult year, with low investments in construction, while political turmoil led to the more

10 dec 2012

Businessman Ovidiu Buluc, majority owner of drug wholesaler Farmexim, says he will move the company’s operations to the new storage facility in Balotesti (north of Bucharest) at the end of 2013, and more

7 dec 2012

Echo Investment, controlled by billionaire Michal Solowow, the third richest man in Poland, has announced the start of works on the EUR100-million Korona Brasov mall, for which it bought land in the more

7 dec 2012

Serbian group NIS, controlled by Russian giant Gazprom, has recruited several former executives of local oil companies this year, especially from OMV Petrom (SNP.RO), to build a management team that more

7 dec 2012

Automotive News, one of the world’s most prestigious car news publications, dedicated the cover story of its December Global Monthly supplement to an analysis of the Dacia brand, naming the Romanian more

6 dec 2012

The Bucharest-Brasov, Craiova-Pitesti highways and Bucharest’s highway-standard ring road are among the roads desperately needed for years, says Valentin Stoica, general manager of design firm more

6 dec 2012

The Bucharest Stock Exchange’s main index BET has risen by 10.6% since the beginning of the year, placing the local market at no. 34 in a ranking of 77 international stock exchanges. more

6 dec 2012

The end of the year has been eventful on the mergers and acquisitions (M&A) market, with ten deals worth over EUR300 million being sealed in November, shows a ZF analysis based on data announced by more

5 dec 2012

Patrick Espasa, general manager of Auchan Romania, who will coordinate a group of around 10,000 employees after French Auchan’s purchase of 20 German Real hypermarkets in Romania, says he intends to more

5 dec 2012

Romanian industrialist Valer Blidar, known best as the owner of rolling stock maker Astra Vagoane Calatori, said he is not optimistic about 2013, but hopes it will be slightly better than 2012. more

5 dec 2012

The Romanian car market will see more variables in 2013 than it did this year, which concern the pollution tax, the clunkers program, as well as the evolution of car sales to individuals, said Vlad more

4 dec 2012

Romanian authorities could commit to a multiannual allocation of budget resources necessary to provide the co-financing of EU funds that Romania plans to attract by 2015, if the country enters new more

4 dec 2012

The Romanian housing market is still seeking a direction after more than four years of crisis and price declines, and it could return to growth provided new apartment projects are adjusted to the new more

3 dec 2012

Israeli millionaire Eyal Ofer put up for sale the 204 villas finalized in the Oxford Gardens complex in Pipera (northern Bucharest), which addresses families earning more than EUR10,000 per month, more

3 dec 2012

The value of stock transactions conducted on the Bucharest bourse (BVB) fell by 27% in the first 11 months against the similar period of last year, to around RON7.28 billion (around EUR1.6 billion), more

3 dec 2012

The number of investment accounts on the Bucharest Stock Exchange fell by 4,800 in the first nine months of the year to a six-year low of 83,331 because of political instability and because the local more

3 dec 2012

Ioana Enache, the Romanian who runs direct sales company Amway Romania since the beginning of this year, says in the coming years the company will grow slowly and steadily. But in the longer-term, the more

30 nov 2012

Dan Ostahie, owner of electronics and household appliances retailer Altex, believes physical stores will remain the basic pillar of a business in the future, irrespective of how much online sales more

30 nov 2012

Gabriel Comanescu, the owner of the Upetrom group, bets on production of green energy equipment at Upetrom 1 Mai and tries to consolidate the position of Grup Servicii Petroliere, the leading company more

29 nov 2012

The Romanian mutual fund market became a European performer with net inflows of EUR86 million in the third quarter, while mature markets such as France, Spain and Italy lost billions of euros. more