21 nov 2013

Jarek Malinowski, the Polish manager who has been running Unilever South Central Europe for over a year, says the company is making price cuts on several products in Romania because competition is more

20 nov 2013

RCS&RDS, held by Romanian entrepreneur Zoltan Teszari, won about half a million new clients for fixed internet services in two and a half years, and now controls half of this market segment, according more

20 nov 2013

French insurance giant AXA is in final negotiations to sell its Romanian subsidiary to the largest insurer on the market, Romanian-held Astra, according to market sources. The decision to withdraw more

20 nov 2013

Mark Hilton, the Briton who has been running one of the largest restaurant groups on the Romanian market, which includes KFC, Pizza Hut and Hard Rock Café, for almost two years, says expansion has more

19 nov 2013

Ziarul Financiar on Monday celebrated 15 years since its market launch through two events, one at the Bucharest Bourse and another at the headquarters of the National Bank of Romania, through the more

19 nov 2013

Ziarul Financiar officially opened the trading session of the Bucharest Stock Exchange on Tuesday, November 18, 15 years from the launch of the newspaper’s first issue. The event brought together more

19 nov 2013

Construction companies have to ”reset” the construction market and take the present as a reference point, not the 2007-2008 period, when there was an almost “surreal euphoria,” believes Liviu more

18 nov 2013

Romania’s Finance Ministry anticipates that banks and companies, as well as individuals, will earn higher income in the years to come and will contribute more to the budget than the amounts expected more

18 nov 2013

U.S. giant MetLife, which controls the third-largest insurance company in Romania, has completed the integration of British group Aviva's operations in Romania into its business and is now looking for more

15 nov 2013

Romania’s 4.1% economic growth in the third quarter has taken everybody by surprise, including analysts and businesspeople. more

15 nov 2013

BCR and BRD, Romania’s top two lenders, continued the deleveraging process in the third quarter of the year. The fact that market leaders are narrowing their exposure to the corporate sector keeps more

14 nov 2013

The automotive retail, real estate agencies and food retail are Romania’s most competitive markets, while the cement, notaries public and natural gas production sectors are the least competitive, more

14 nov 2013

Corporate energy consumers say their energy bills have fallen by around 5% to 10% since the beginning of the year, while the price of energy traded through bilateral contracts on energy exchange OPCOM more

13 nov 2013

Cement producer Holcim Romania, the local subsidiary of Swiss group Holcim, will return to profit this year after last year it posted losses for the first time in more than a decade, of around EUR8.5 more

13 nov 2013

What are the new profits that can be made in the residential sector? Business Construct magazine sought an answer to this question by talking to the developer, the constructor and the project manager more

12 nov 2013

Romanian state-run airline Tarom’s losses amounted to $22 million in the first nine months of 2013 and are expected to reach at least $40 million by the end of the year, Nicolae Demetriade, former more

12 nov 2013

The shares of Romgaz Medias (SNG.RO), the largest and most profitable company controlled by the Romanian state, start trading this Tuesday on the Bucharest stock exchange, with most brokers and more

12 nov 2013

Bucharest’s five-star hotels want to accommodate over 1,500 guests in their restaurants and event halls for the New Year’s Eve party. Prices start from 200 lei (EUR45) per person and can reach up more

11 nov 2013

The Romanian central bank’s current board ought to bring minimum reserve requirements closer to the European level (1% as of 2012) by the time a new board takes over starting next fall, said deputy more

11 nov 2013

Construction works on four new shopping malls worth around half a billion euros are set to start in capital city Bucharest at the end of 2013 or early 2014. more

11 nov 2013

Grain trader Alfred Toepfer, with sales of EUR424 million in Romania, has won an auction to supply 60,000 tons of Romanian wheat to Egypt for $280.73/ton, plus freight rates of $19.5/ton. more

8 nov 2013

The Romanian cement market, shared by three major players, French Lafarge, German HeidelbergCement and Swiss Holcim, is the least competitive economic sector, according to a Competition Council more

8 nov 2013

The Romanian engineering teams of German group Continental are involved in the project of the autonomous car, “the car of the future” that will drive itself, first only on the highway and then on more

8 nov 2013

No new public hospital has been built in Romania’s capital city Bucharest after the fall of communism in December 1989, but this year works have started on a new Foisor hospital and are ongoing on more

7 nov 2013

Five-star hotel Athenee Palace Hilton, held by Romanian businessman George Copos, has a new general manager - Jan Thomsen - with more than 27 years’ experience in the hotel industry. more