28 oct 2016

Spirits producer Prodvinalco (VAC.RO) will pay gross dividends worth RON0.165/share from the RON5.2 million profit reported in the previous years, without specifying the period. more

28 oct 2016

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27 oct 2016

Romanian company TypingDNA, a behavioral biometrics cyber security startup based on artificial intelligence, has closed a seed round from investment fund Gecad Ventures and a group of local business more

27 oct 2016

Romania is expected to have the fastest growing economy in the CE region in 2016-18, Romania’s GDP growth is seen rising again to a minimum of 4.5% in 2016 before moderating to 3.3% in 2017-2018, more

27 oct 2016

Competition Council warns that the market of civil liability car insurance policies (RCA) is characterized by oligopolistic aspects, allowing certain insurance companies to refuse clients with high more

27 oct 2016

The cash in circulation remained steady at RON51.7 billion (EUR11.7 billion) in September 2016, which was the second consecutive month without an increase, according to central bank data. more

27 oct 2016

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26 oct 2016

Romania climbed one spot and ranks 36th in World Bank’s "Doing Business 2017" report, which analyzes the business environment in 190 countries. more

26 oct 2016

The Romanian M&A market size has decreased by nearly 50% in the first six months of 2016, to $1.1 billion, from $2.1 billion in the year-earlier period, according to EY M&A Barometer. more

26 oct 2016

Romanian building materials producer AdePlast, owned by businessman Marcel Barbut, reported a 17% turnover growth in the first nine months of 2016, to RON277 million, the company said in a statement more

26 oct 2016

Egyptian authorities on Wednesday bought 240,000 tons of Romanian wheat, according to the data posted on the website of the General Authority for Supply Commodities (GASC) in Egypt. more

26 oct 2016

Affidea group, a leading provider of medical imaging and cancer treatment services in Europe, has signed a binding contract for the acquisition of diagnostic centers of Hiperdia, an important provider more

26 oct 2016

Belgian developer Belvir, part of Catinvest group, which owns and operates shopping malls in France and Romania, bought the shopping galleries of Electroputere mall in Craiova, totalling 28,000 square more

26 oct 2016

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25 oct 2016

The Constitutional Court ruled Tuesday that the debt discharge law, allowing retail mortgage borrowers to return real estate collateral to banks in exchange for writing off their loans, is partially more

25 oct 2016

Construction company Luca Prest will invest EUR7.5 million in residential compound Grand Hill Residence in Cluj Napoca, due to the increasing demand for apartments on the backdrop of labor market more

25 oct 2016

Neptun-Olimp company, administrator of accommodation and food units in the Romanian seaside resorts, reported losses of RON676,000 in January-September, fourfold higher from the same period a year more

25 oct 2016

The Romanian Government will challenge the law regarding the conversion of Swiss franc loans into Romanian lei at the Constitutional Court, according to government sources. more

25 oct 2016

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24 oct 2016

The cigarette black market in Romania increased to 18.3% in September, from 14.9% in July 2016, which was the highest growth registered by cigarette smuggling in the last two years and above the more

24 oct 2016

Computer and electronics retailer Altex Romania plans to hire over 450 people for Altex and Media Galaxy stores countrywide. more

24 oct 2016

Retailers Deichman and Pepco will open stores next spring in Prima Shops retail park in Oradea, developed by Oasis Retail & Development Consulting. more

24 oct 2016

British Romanian Investment Partnership company, part of UK investment fund ARDC (UK) Ltd, will invest EUR10 million in its second residential project in Romania, New Residence Bucuresti. more

24 oct 2016

Airbus Helicopters, which owns a helicopter plant in Ghimbav, Brasoc county, wants to develop a cluster of local providers to deliver solutions and equipment for Airbus Helicopters, the company said more

21 oct 2016

Fitch Ratings has affirmed the long-term issuer default ratings (IDRs) of BRD Groupe Societe Generale at 'BBB+', Banca Comerciala Romana and UniCredit Bank at 'BBB', and Banca Transilvania at 'BB'. more