26 sep 2016

Romanian real estate developer Impact Developer&Contractor (IMP.RO) said Monday it contracted a loan worth RON35 million from Libra Internet Bank, for a 48-month period, to finance the construction of more

26 sep 2016

Romanian regional investment fund SIF Transilvania (SIF 3.RO) will pay gross dividends worth RON0.026/share from its 2015 profit, starting October 28. more

26 sep 2016

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23 sep 2016

Agricola Bacau, one of the largest meat businesses in Romania, invested EUR5 million in boosting the salami production capacity of its Salbac plant by approximately 38% until 2020, the company said in more

23 sep 2016

Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) signed a contract worth RON74.7 million with Electrica Furnizare, a unit of Romanian electricity distribution and supply company more

23 sep 2016

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22 sep 2016

The Board of Directors of state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) decided to file for insolvency on Thursday, due to the financial situation of the company. more

22 sep 2016

Bucharest office market continues to be attractive for IT, telecom and outsourcing companies, with 370,000 sqm of spaces delivered in 2016, of a total stock of 2.7 million sqm, followed by Iasi city, more

22 sep 2016

Pitesti - Sibiu highway will be completed in 2021, a year earlier than the deadline stipulated in the Master Plan, Transport Minister Sorin Buse said Thursday. more

22 sep 2016

Spaces delivered on the industrial segment in Romania totaled 340,000 sqm this year, according to a report of real estate consulting firm JLL. more

22 sep 2016

Industrial sector ranks first among the economic sectors affected by insolvency in January-August 2016, accounting for approximately 45% of the total insolvencies registered countrywide, according to more

21 sep 2016

Dacia Logan MCV model will also be produced in Tangier, Morocco, with no impact on the Romanian plant in Mioveni, Renault group said in a statement Wednesday. more

21 sep 2016

Fashion House Outlet Center in Bucharest reported a 10.9% sales growth in the first six months of 2016, while the share of buyers in the total number of visitors rose 16% compared with the same period more

21 sep 2016

Heating distributor RADET, in charge with heating supply in capital Bucharest, wants to enter insolvency, as its debts to state-run electricity and thermal power producer Electrocentrale Bucuresti more

21 sep 2016

Renault will relocate the production of Logan Break MCV model from the Romanian plant in Pitesti to its plant in Tangier, Morocco, as of 2017, according to Jean-François Gal, manager of Renault more

21 sep 2016

Intermedicas, a medical second opinion provider in Romania or abroad, estimates a turnover of RON1.7 million in 2016, up 50% on the year, after a 40% sales increase in the first six months of the more

20 sep 2016

Low-cost airline Ryanair will start operating new flights from Oradea to Barcelona Girona and Milan Bergamo airports, as of March 2017. more

20 sep 2016

Low-cost airline Blue Air will launch, on January 12, 2017, a regular flight from Bucharest to Tel Aviv, which will be operated three times a week, on Mondays, Thursdays and Sundays, the company said more

20 sep 2016

Romanian dermo-cosmetics producer Ivatherm will be present in 15 countries by the end of the year, after it exported to 5 countries in 2015, Ivatherm founder Rucsandra Hurezeanu told a conference more

20 sep 2016

Cris-Tim, one of the largest local meat processors, plans to enter wine market next year, under Casa Timis brand, after the company already entered the dairy market, Cris-Tim owner Radu Timis told a more

19 sep 2016

According to a Raiffeisen Bank Romania survey, 55% of the entrepreneurs will access bank loans to finance their business over the next 12 months, versus 69% last year. more

19 sep 2016

Romanian Prime Minister Dacian Ciolos said Monday that tax authority ANAF collected RON132.4 billion to the state budget in the first eight months of the year, up by RON1.6 billion, or 1.2% compared more

19 sep 2016

The cash in circulation totaled RON51.7 billion in the first seven months of 2016, increasing by approximately 20% versus the year-earlier period, according to central bank data. more

16 sep 2016

Software services and solutions provider NTT DATA Romania (former EBS Romania), part of Japanese group NTT DATA, reported a turnover of EUR22 million in January-August, up 40% from the year-earlier more

16 sep 2016

Vegetable oil producer Bunge Romania, owned by U.S. company Bunge, bought the stake of Nutre Group in Bunge-Prio joint venture in Romania. more