6 nov 2012

Romanian carmaker Automobile Dacia, owned by French group Renault, will launch November 13 its second-generation Logan on the local market. more

6 nov 2012

The highway construction advanced faster in September than in the summer months, by an average 7.7%, from 4.5-5% per month in the summer. more

6 nov 2012

Austrian businessman Gerald Schweighofer, who owns several timber and wood panel plants in Romania, estimated his local wood processing and energy business will reach around half a billion euros in more

5 nov 2012

State-run Nuclearelectrica, one of the largest energy producers in Romania, recorded a slight turnover increase in the first nine months of the year against the similar period of last year, but the more

5 nov 2012

Bogdan Chiritoiu, president of the Competition Council, announced that the institution will next year conclude an investigation into agreements between retailers such as Metro, Billa and Selgros on more

5 nov 2012

There is too little capital in Europe for telecom operators to waste it, so they should develop joint infrastructure more often, including in Romania, Vittorio Colao, chief executive of Vodafone told more

2 nov 2012

Sorin Minea, president of cold cuts producer Angst, said the company will end the year with losses, but with higher turnover. more

2 nov 2012

Sorin Minea, one of the best-known entrepreneurs on the Romanian cold cuts market, will take over full control of Angst business in 2013, buying the remaining stake from his Swiss partners. more

1 nov 2012

The president of Romania’s communications market watchdog, Catalin Marinescu, and communications minister Dan Nica clashed opinions over a decision to be taken next year by the regulatory authority, more

1 nov 2012

The banks that found a German private investor for Romanian insolvent group International Railways Systems also became a shareholder, in a first for the local market. more

1 nov 2012

Mobile internet services through 3G and LTE (4G) technologies will over the next few years be the growth drivers for the Romanian telecom market, as they are currently used by only 15 out of 100 more

1 nov 2012

The secondary listing of investment fund Fondul Proprietatea (FP.RO) in Warsaw will not reduce the discount at which Proprietatea shares are traded, believes Adrian Tanase, the manager of ING Equity, more

1 nov 2012

Europe’s largest insurer Axa will continue investments in Romania, but at a slower pace because of worse than expected economic conditions, said Violeta Ciurel, chief executive of AXA Asigurari more

1 nov 2012

The financial crisis and the Romanian leu depreciation had a strong impact on the profits of consumer goods maker Colgate-Palmolive on the local market. more

31 oct 2012

Trattoria il Calcio, the Romanian restaurant chain controlled by Valentin Salagean, Cosmin Olaroiu and Gino Iorgulescu, has recently opened its first London location, and has plans to open a second more

31 oct 2012

Andreas Treichl, head of Erste, will pay special bonus if management of Romania’s largest bank BCR is successful in restructuring the bank. more

31 oct 2012

Romanians drank around 200 million liters of spirits last year, down 0.4% on the previous year, shows a ZF analysis based on data of research company International Wine and Spirit Research (IWSR). more

30 oct 2012

Outsourcing companies in Romania have hired over 11,000 people since 2008, with the total number of employees in the sector exceeding 30,000, but the legislation has not encouraged companies to more

30 oct 2012

Former football player Gica Popescu says work on four-star hotel Courtyard by Marriott, initially scheduled to start in the second quarter of this year, has been postponed until spring of next year more

30 oct 2012

Renewable energy attracted investments of around EUR1 billion in the first nine months of this year in Romania, with more than EUR900 million drawn by wind energy alone. more

30 oct 2012

Italian group Policlinico di Monza, which owns 10 private hospitals in Italy, has finalized a EUR40 million investment in a 140-bed hospital in Bucharest, with the unit already being operational. more

30 oct 2012

Pharmaceutical company Actavis launched 20 new products in the first nine months of the year, with turnover amounting to EUR50 million, according to the company’s general manager Dan Ivan. more

29 oct 2012

Remus Vulpescu, former head of Romania's industry privatization authority OPSPI, freshly appointed as member of the board of directors of Rompetrol Rafinare (RRC.RO), said the government should reach more

29 oct 2012

Romania’s euro-zone entry in 2015 is difficult to achieve and the new government that will be formed after December’s parliamentary elections is set to decide if the timeline for adopting the more

29 oct 2012

Although he has for the last 8 years run the largest Romanian construction company of civil engineering and industrial buildings, with turnover of almost EUR80 million, no picture of Bog’Art’s more