24 sep 2012

Large insurance companies in Romania have changed their strategies during the crisis to slow down the decline in turnover and the new economic context has forced eight of the top ten insurers to more

21 sep 2012

The quantitative easing measures announced by the major central banks in the world had positive effects on the financial markets in September, Romania included. more

21 sep 2012

Franklin Templeton, the manager of Fondul Proprietatea (FP.RO), is considering several options for using the 543 million lei (EUR120 million) profit from 2011 unless it can get a “waiver” from the more

21 sep 2012

The top ten insurers last year had negative yields for the first time after 2008, with problems at the top of the ranking indicating the difficult situation faced by this crisis-stricken industry. more

20 sep 2012

Dan Bulucea - country manager at Google Romania, Bogdan Balaci - country general manager at IBM Romania, and Ronald Binkofski – chief executive of Microsoft Romania - will attend ZF Digital’12, an more

20 sep 2012

The Bucharest Court of Appeals has suspended, at the request of Astra, the enforcement of an order issued in August by the Insurance Supervisory Commission (CSA) forcing home owners to buy a mandatory more

20 sep 2012

Paints and textured plasters producer Fabryo, controlled by investment fund Oresa Ventures, will merge with the construction materials division of Atlas Corporation group, controlled by Greek more

20 sep 2012

Construction company CON-A in Sibiu, controlled by businessman Mircea Bulboaca, has built a large part of the structure of Bosch’s future auto parts plant in Jucu, Cluj county. more

19 sep 2012

Major insurer Astra has recruited the head of Euroins, Alin Bucsa, as the company’s general manager to replace Alexander Adamescu, who had run the company in the past nine months. more

19 sep 2012

As Romania’s vaccine manufacturer Cantacuzino Institute doesn’t produce any vaccines currently, the government should ensure the state reserve from imports at higher costs, but foreign producers more

19 sep 2012

The dramatic situation that Romania’s largest chemical plant, Oltchim Ramnicu Valcea (OLT.RO) is the direct responsibility of the 33 members of the Board of Directors who have alternated at helm of more

18 sep 2012

Romania’s EU funds absorption rate in August was close to zero after in July the local authorities had suspended sending to Brussels the refund requests for projects that were supposed to be more

18 sep 2012

Dacia launches its new-generation Logan in Paris next week, a model known for the time being just as X52, and its new-generation Sandero, eight years after French-held Renault took the worldwide car more

18 sep 2012

Tensions calmed down on the Bucharest forex market in August, with the trading volume falling to a four-month low, at EUR33.7 billion, 15% lower than the monthly average for May-July. more

18 sep 2012

Romania’s cold cuts Marisan producer, owned by the Anghel family, owns two production plants, has a 125-store chain and a total annual turnover of EUR35 million after going into business 18 years more

17 sep 2012

Pharmaceutical giant Alliance Boots could enter the Romanian market directly after testing the waters for a long time, through the acquisition of a pharmacy network. more

17 sep 2012

Ford Romania, the second-largest car maker on the local market, manufactured in August over 2,900 B-Max vehicles, almost six times more than in July, the first month of mass production for the compact more

16 sep 2012

Omniasig, Allianz-Tiriac and Asirom - the three major insurers which are not part of the scheme that covers against natural hazards - are negotiating their entry into the shareholder structure of more

14 sep 2012

Gheorghe Iaciu, owner of Doraly commercial complex in nearby capital city Bucharest and the biggest shareholder of regional investment fund SIF Muntenia (SIF4.RO), talks in a Ziarul Financiar more

13 sep 2012

While Poland, the Czech Republic and Hungary are cited as examples for the way the state has developed its companies through stock exchange listing, Romania has not managed in the past 17 years to more

13 sep 2012

The major factors Romania’s depopulation are the closure and gradual narrowing down of the activity of major industrial giants that used to operate in Romania before 1989, which also meant the loss more

12 sep 2012

Romanian central bank governor Mugur Isarescu admitted on Tuesday that the central bank only saw the positive side of the lending boom during the years of high growth and had an “excessively more

12 sep 2012

After three years of crisis, the banking system is deeply affected by the absence of strong management able to speed up its restructuring and bring it back to healthy growth: BCR, the largest local more

12 sep 2012

Romania’s economic prospects for 2013 appear favorable considering that the economy of the eurozone is expected to return to growth, analysts say. more

11 sep 2012

Ziarul Financiar has asked fund managers, brokers and specialized lawyers for a list of tangible targets that Victor Cionga should meet during his term as chief executive of the Bucharest Stock more