15 sep 2016

Romanian electronics producer Vitacom Electronics reported revenues worth EUR8 million last year and estimates it will reach EUR9.2 million in 2016. more

15 sep 2016

Banca Transilvania (TLV.RO), the third largest bank in Romania by assets, has started a rebranding process by redesigning the bank’s logo into the colors of the new identity: yellow, red and blue. more

15 sep 2016

Renault-owned carmaker Dacia will introduce the new models of Sandero, Sandero Stepway, Logan, and Logan MCV at the Paris Motor Show, taking place between October 1 - 16, the company said in a more

15 sep 2016

Romanian plastic items maker Prodplast Bucuresti (PPL.RO), owned by the Pogonaru family, will buy plots of land totaling over 34,000 square meters and production spaces of over 17,000 sqm in Buftea, more

15 sep 2016

Romanian regional investment fund SIF Oltenia (SIF 5.RO) will pay gross dividends worth RON0.13/share from its 2015 profit, starting October 3. more

15 sep 2016

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14 sep 2016

The relevance level of banks for local consumers in Romania stands at 73.4%, versus the global average bank relevance score of 75.1%, with significant differences based on age, education and income, more

14 sep 2016

The Supreme Court admitted the request of the National Anticorruption Department on banning the start of dissolution and liquidation proceedings in the case of Romanian insurance company Carpatica more

14 sep 2016

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13 sep 2016

Nearly one out of five (19%) Romanian employers forecast an increase in staffing levels during the October-December 2016 timeframe, according to a ManpowerGroup Romania study. more

13 sep 2016

Timisoara International Airport, in western Romania, registered an increase in passenger traffic for the second consecutive month in August 2016, exceeding 100,000 passengers per month, the airport more

13 sep 2016

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11 sep 2016

Romanians spent EUR852 million on trips abroad in January-June 2016, versus EUR856 million in the year-earlier period, according to central bank data. more

11 sep 2016

The average monthly wage in Romania is twofold lower than in the Czech Republic and Poland and fivefold lower than in Germany; nevertheless, the ratio for food prices is much lower. more

9 sep 2016

Romanian natural gas transmission company Transgaz (TGN.RO) has accessed a EUR179 million grant, part of Connecting Europe Facility, for the works at the Romanian section of the natural gas pipeline more

9 sep 2016

ING Bank has revised Romania’s GDP growth forecast for 2016 from 4.2% to 5.2% following a better-than-expected first six months on strong domestic demand and investment momentum, the bank said in a more

9 sep 2016

IT services company Endava will merge with ISDC, a software engineering company with approximately 300 employees, to strengthen their presence on the international IT service market, resulting in a more

9 sep 2016

SIFI TM Agro company is opening the largest logistics hub for agricultural products in Romania, in Carani, near the western city of Timisoara, the company said in a statement Friday. more

8 sep 2016

Romania’s gold reserve remained unchanged since 2007 at 103.7 metric tons and its value adjusted for international gold price stands at EUR3.93 billion, the central bank said in a statement Thursday more

8 sep 2016

Romania's state-owned railway operator CFR SA has scheduled this year 400 projects for the modernization of railway infrastructure, totaling RON22 billion (EUR4.7 billion). more

8 sep 2016

Romania’s Competition Council on Thursday said it is looking into the takeover of private power supplier Repower Furnizare Romania SRL by MET Holding AG and its Romanian unit, MET Romania Energy more

8 sep 2016

Dutch group NN holds indirectly a 5.01% stake in Romanian natural gas transmission company Transgaz (TGN.RO), namely 589,697 shares, following a transaction on the secondary market of Bucharest Stock more

7 sep 2016

The total value of transactions on Bucharest Stock Exchange fell 28% on the year in the first six months, to RON4.88 billion, on the backdrop of a 92% decrease in bond trades and the halving of trades more

7 sep 2016

The Romanian postal services market rose 4.43% on the year in 2015, to RON2.4 billion, with the top ten postal operators by revenue accounting for nearly 86% of the market, the country’s telecom more

7 sep 2016

Romanian investment fund Fondul Proprietatea (FP.RO) has called for the general meeting of shareholders on October 11 to approve the capital reduction from RON9.1 billion to RON8.56 billion following more