11 sep 2012

The Transport Ministry received 3,500 CVs, organized 300 interviews, and ultimately came up with 180 candidates on the shortlists of private managers for 29 jobs in five state-run companies under its more

11 sep 2012

The Romanian Transport Ministry has spent over EUR470 million on two mountain roads – national roads DN 67C Bengesti-Sebes and DN 2D Focsani Ojdula - with an average daily traffic of 15,000 more

7 sep 2012

Electricity, cars, constructions, the telecom sector are the leading markets that saw declines in the first six months of this year against the similar period of 2011, signaling that good times will more

7 sep 2012

The experience of tourists travelling from the airport to the city and back influences the perception of Bucharest and of the country, so all the details of a trip, including the transfer service need more

7 sep 2012

Austrian group Strabag posted a turnover of almost EUR141 million in the first half of 2012, up 157% year-on-year, amid a stagnating construction market. more

6 sep 2012

Dacia sales returned to growth on the French market with the launch of the Lodgy MPV manufactured in Morocco, yet the new model has not managed to leave Romanian-made Dacia Duster behind yet, more

6 sep 2012

The EUR750 million bonds sold on Tuesday by the Finance Ministry on external markets stirred the interest of investors in Hong Kong, Singapore, China, as well as in the United Arab Emirates, says more

6 sep 2012

The volume of imports of gasoline and diesel doubled between 2007 and 2011, with Romania ending up paying EUR1.2 billion last year for fuel made abroad, almost three times as much as in 2007. more

5 sep 2012

The software research and development center opened by U.S. giant Intel in Romania has reached around 100 employees since its opening in November 2010, when it had a team of 16 engineers, with company more

5 sep 2012

OMV Petrom (SNP.RO), the largest company on the Romanian market, lost two positions in the ranking of the top 500 companies in Central and Eastern Europe, shows research conducted by consultancy firm more

5 sep 2012

SIF Moldova (SIF2.RO) paid almost 60% of its dividends amounting to 114 million lei from last year’s profit to some of its shareholders, although it officially announced payment would start on more

4 sep 2012

Mobile telephony operators in Romania may share their communication networks: costs are too high and revenues too low, predicts Yorgos Ioannidis, former chief executive officer of Romtelecom. more

4 sep 2012

One liter of diesel oil in Romania was more expensive at the end of last month than in Luxembourg, despite the fact that a Luxembourger makes almost EUR2,300 per month, while an average Romanian earns more

4 sep 2012

Policolor, one of the largest players on the Romanian varnish and paint market, with sales of almost EUR30 million per year, increased its turnover by around 17% in the first seven months against the more

3 sep 2012

The shares of four of the five regional investment companies SIFs and of Banca Transilvania (TLV.RO) in August brought investors gains ranging between 9% and 13% although the month was one of the more

3 sep 2012

In Romania, in order to connect to the electricity distribution system, an entrepreneur with a warehouse located in Bucharest has to wait 223 days, according to the World Bank's survey on how easy is more

3 sep 2012

Six of the ten largest insurance companies performed double-digit staff cuts during the crisis to keep spending in check after policy sales had collapsed. The ten largest insurance companies had more

31 aug 2012

In the last nine years, the population of Romania’s 100 largest cities fell by around 16% from 9.6 million inhabitants in 2002 to 8.1 million inhabitants in 2011, according to data centralized by ZF more

31 aug 2012

Managers of mutual funds and private pension funds, the largest institutional investors on the Bucharest Stock Exchange, all say they are interested in taking part in the 250 million lei (around EUR55 more

31 aug 2012

Natsuo Ameniya, ambassador of Japan to Romania, told Ziarul Financiar on Thursday that incidents such as the murder of the Japanese young woman, who was first accosted in Bucharest’s Otopeni more

30 aug 2012

The decline of credit sales and implicitly of interest rate income are forcing banks to identify new sources of income, which led to the emergence of fees that are difficult to justify, such as more

30 aug 2012

The biggest salary of a public sector employee is 11,248 lei (around EUR2,500) and is earned by a general manager within the Ministry of External Affairs. The employee earned 1.7 times more in March more

30 aug 2012

Romania now has green energy projects the size of the two Cernavoda nuclear reactors, after investments of over EUR2 billion. more

29 aug 2012

The share of budget revenues in the gross domestic product has been adjusted as part of the budget revision from 33.9% to 32.3%, according to information sent by the Finance Ministry. more

29 aug 2012

“What good is the Romanian stock exchange?” is the natural question that anyone asks after Tuesday’s trading session, when over the course of seven hours, stocks worth just EUR1 million were more