4 oct 2012

Dorina and Dan Mutu, owners of the Annabella supermarket chain, will continue to develop it, with one store set to open by the end of this year and another three in 2013. more

3 oct 2012

A hasty privatization is more likely to have negative consequences and the state should look for a long-term investor that would bring technology and create jobs, rather than having the price as its more

3 oct 2012

BMW is considering Romania for the construction of a new car manufacturing plant in Eastern Europe, with the first on its list being the Romanian city of Lugoj, according to city hall officials. more

3 oct 2012

Romania continues to be an attractive destination for German investors as labor costs are still low and Romania is relatively close to major European countries, German ambassador to Bucharest Andreas more

2 oct 2012

The Bucharest Stock Exchange is left without one of its largest brokers after ING announced on Monday it is shutting down brokerage operations on several markets. Competition is not happy about this more

2 oct 2012

Ghaith al Ghaith, CEO of flydubai, the low-cost airline of the Dubai emirate, which on Monday entered the Romanian market with three weekly flights on the Bucharest-Dubai route, says the company’s more

2 oct 2012

Several companies in the UTI group have merged into one group this year – UTI Grup Romania - in order to prepare the company’s listing on a regional stock exchange, which is set to take place over more

2 oct 2012

Octavian Iacob, executive manager of drug distributor ADM Farm, says in the first six months of the year the company is in line with budget figures, so the 2012 financial year could end with sales of more

1 oct 2012

The 300 most profitable companies in Romania last year had a cumulated profit of 25 billion lei (EUR5.86 billion), i.e. almost 40% of the total profit recorded by all companies in Romania – RON64 more

30 sep 2012

A large part of arguments suggesting the existence of a global crisis are invented, says Mark Mobius, one of the most influential investors on emerging markets. more

28 sep 2012

Dacia has returned to the spotlight of the Paris Motor Show with its new Logan, Sandero and Stepway models. more

28 sep 2012

Romanian subsidiary of chemical Swiss producer Sika intends to expand its operations either through a takeover or a greenfield investment, after boosting its turnover 30-fold in its ten-year presence more

27 sep 2012

The Romanian luxury market started to grow in the early ‘90s and has now reached around EUR200 million, according to ZF estimates. more

27 sep 2012

Cable operator RCS&RDS, held by businessman Zoltan Teszari, has taken over the communications infrastructure and the subscriber base of Cobalt IT, the operator of the iLink network, with over 20,000 more

27 sep 2012

Romanian Radu Maftei has been promoted as associate director within the Global Hair Care & Color Strategy division of US giant Procter & Gamble (P&G), company representatives told ZF. more

27 sep 2012

ING Bank has completed the restructuring of its product and services offer for top clients, which total around 500 clients with fortunes larger than EUR400,000, enabling access to new placement more

26 sep 2012

State-run hospitals, which spend the bulk of the funds from the Health Insurance House, are starting to feel the pressure from private hospitals, but since they have little room for maneuver, managers more

26 sep 2012

A group of IT investors, which includes Radu Georgescu, founder of IT group Gecad, has launched a platform (http://techangels.ro) that intends to attract investors willing to finance high tech more

26 sep 2012

German retailer Kaufland, with a EUR1.31 billion turnover in 2011, has officially become the largest company in Romanian modern retail after the last two major retail companies, Kaufland and Selgros, more

25 sep 2012

Drug producers and healthcare investors say the Romanian health system would not necessarily need a fundamental reform, but the current minister says he will continue to try to break the monopoly of more

25 sep 2012

Agricultural traders Comfert and Popasul Trebes in Bacau, with cumulated turnovers of EUR150 million, are in talks to take over bread producer Pambac, according to market sources. The bread producer more

25 sep 2012

The new regulation on foreign currency lending to small and medium-sized enterprises (SMEs) could condition borrowing in hard currency by obtaining revenue in the said currency. more

24 sep 2012

“Is there anything more? There’s nothing more,” Remus Vulpescu, head of the Economy Ministry's privatization office OPSPI, said Friday after opening the envelope containing the offer of Dan more

24 sep 2012

Graham MacKay, chief executive of London-headquartered brewer SABMiller, said the period of rationing at the Romanian subsidiary is over and growth will be the trend from now on. more

24 sep 2012

Robert Coman, one of the founders of IT distributor and retailer Best Computers, will open a Roberto Cavalli mono-brand store later this year within the luxury shopping gallery The Grand of five-star more