5 dec 2013

ING Bank Romania will launch the Voice Biometrics service this month, which is a first on the local market. more

5 dec 2013

The European Investment Bank (EIB) has provided financing of nearly EUR500 million to Romania this year, of which some EUR200 million went into the banking sector, said Mihai Tanasescu, EIB more

5 dec 2013

Romanian sheep are in high demand and the country was the European Union’s leading exporter of sheep in the first nine months of the year. more

4 dec 2013

Businessman Ovidiu Tender, who runs a group of firms operating in the geologic, oil and gas exploration, pharma, construction and tourism sectors, said he is in negotiations to take over the majority more

4 dec 2013

Orange Romania, the largest mobile operator on the local profile market, has 100,000 tablets, phones and modems compatible with the 4G technology in its network, one year since launching its 4G mobile more

4 dec 2013

Daniel Mocanu has gone from selling juice dispensers and ice cream machines twenty years ago to providing equipment and services for the Horeca and food retail industry through his company DAAS, a more

4 dec 2013

Profitability remains the main focus of Allianz-Tiriac in the coming period, after the insurer improved its profit rate in the first nine months of this year, Remi Vrignaud, the insurer’s general more

3 dec 2013

Romania expects VAT collection to rise by just 3.4% in 2014, up to RON54.6 billion, while total budget revenues are expected to go up by nearly 5% to RON216.8 billion. These forecasts, included in the more

3 dec 2013

The most valuable consumer goods companies in Romania are worth over EUR2.2B, according to this year’s edition of the Top 100 Most Valuable Companies in Romania launched last week. more

2 dec 2013

Bacau-based poultry meat producer and processor Agricola International is ranked as the best employer in Romania in 2013 with over 1,000 employees locally, according to this year’s edition of the more

2 dec 2013

Kinga Daradics is 32 and at the age of 30 she took over as head of MOL Romania, a business with a turnover of EUR930.5 million, 141 filling stations and a net profit of EUR17 million on a market where more

2 dec 2013

Romania’s property & facility management services market, namely, all the services that have to do with maintenance and administration of buildings and properties, is estimated at 0.3% of the more

29 nov 2013

Chinese-controlled companies had a total turnover of 2 billion lei (EUR454 million) in Romania last year, down 8% against the previous year, according to Trade Registry data. more

29 nov 2013

Michel Camdessus, former head of the IMF between 1987 and 2000, said on Wednesday at the ZF Gala that Romania has a very challenging objective until 2020: speed up economic growth and structural more

29 nov 2013

Romanian steel pipes manufacturer Tenaris Silcotub Zalau boosted its turnover four times in the past five years and became the most valuable company in the local steel industry, according to eighth more

25 nov 2013

Romanians shook off their shopping gloom for the Black Friday three-day weekend and bought products of around EUR70 millions of euros from traditional and online IT &C retail, up from last year. more

25 nov 2013

In the longest visit to Bucharest of a head of state in the past 30 years, Chinese Prime Minister Li Keqiang, arrives in Romania today to attend a China - Central and Eastern Europe summit. He is more

25 nov 2013

OMV Petrom (SNP.RO), the largest company in Romania, will drill a second deep-water exploration well in the Romanian section of the Black Sea towards the end of the second quarter of next year. While more

25 nov 2013

Keep away from government bonds because countries’ debt levels are increasingly unsustainable and allocate as much as your portfolio as possible to European and US shares with high dividend yields, more

22 nov 2013

eMag, the largest IT&C retailer in Romania, which last year generated sales of EUR165 million, will be the command center of South African Naspers group’s expansion to other European markets on the more

22 nov 2013

Chinese investors, who will attend an economic forum in Bucharest next Tuesday, alongside Chinese Prime Minister Li Keqiang, have announced their intention to buy 3 million pigs, 3 million sheep and more

22 nov 2013

Volksbank, one of the biggest loss-makers on the Romanian banking market, has put up for sale a bundle of non-performing retail loans worth around EUR600 million in total. The amount includes the more

22 nov 2013

Alan Clark, CEO of giant SABMiller, which owns beer producer Ursus Breweries on the Romanian market, says Romania’s strategy during the years of economic crisis focused on the value of sales, which more

21 nov 2013

Romania will most likely adopt the euro in 2021, with the timeframe for joining the euro zone moving further into the future as living standards and work productivity gaps need to be bridged. Analysts more

21 nov 2013

Newly-elected Chinese Prime Minister Li Keqiang will come to Bucharest next week to attend an economic forum, and Romanian energy projects worth EUR5 billion are ready for signing. The Prime Minister more