1 mar 2013

Romanian glass container producer Stirom Bucharest (STIB.RO) will receive non-payable European Union’s funds of up to 51.5 million lei (EUR11.83 million) based on a financing contract signed with more

1 mar 2013

Romanian farmers will pay taxes only for the number of animals, fowls and hectares of land exceeding the settled limits for the revenues that are not subject to taxes, according to the new Fiscal Code more

1 mar 2013

The Bucharest stock market closed down Friday, amid low traded volumes and with the shares of Alro (ALR.RO) falling over 11% as a reaction to the company’s negative results reported yesterday. more

1 mar 2013

Romanian western Oradea airport will assign works estimated at 114.1 million lei (EUR26.2 million), VAT included, for the expansion of the landing- takeoff track, enabling the airport to operate more

28 feb 2013

Tymbark Maspex, one of the largest juice producers on the local market, Thursday confirmed it took over some of the assembly lines and two snacks brands from Craiova-based bakery company Pan Group. more

28 feb 2013

Romanian regional investment fund SIF Banat Crisana (SIF1.RO) will discuss in stockholders’ meeting April 23 three variants on using 2012’s net profit, which envisage keeping it for investments or more

28 feb 2013

Azeri state-run oil company SOCAR plans to expand its Romanian gas station network by another 20 units in 2013, the company’s general manager Hamza Karimov said Thursday at ZF Power Summit '13. more

28 feb 2013

Romanian filling stations that sell less than 1 million liters a year will hardly survive, as the number of units is increasing, according to Titov Buzescu, advisor of Rompetrol's chief executive more

28 feb 2013

Romanian harbor operator Socep Constanta (SOCP.RO) Thursday reported a 62% lower net profit in 2012, to 2.25 million lei (EUR0.51 million), from RON5.93 million a year before. more

28 feb 2013

Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) reported a net profit of 11.69 million lei (EUR2.6 million) in 2012, 2.7-fold higher from RON4.34 million a year ago, the company said in its more

28 feb 2013

Romania’s leu opened slightly stronger against the euro Thursday, nearing 4.37 units, in a quiet market and amid low traded volumes. more

28 feb 2013

Romanian government will reorganize the state-owned energy companies planning to set up two or three powerful companies able to compete at regional level, minister-delegate for energy Constantin Nita more

28 feb 2013

Romania issued 1,694 buildings permits for residential projects in January, down 2.2% on the year, the statistics institute INS said Thursday. more

28 feb 2013

Banca Transilvania (TLV.RO), the largest Romanian-controlled bank remained the 3rd biggest bank in the system by balance sheet assets for the second year in a row, ahead of state-held CEC Bank. more

28 feb 2013

Greek investor Ioannis Papalekas who has been buying distressed properties worth over EUR70 million in the last sixteen months has recently struck a deal with Israeli billionaire Eyal Ofer to buy more

28 feb 2013

The owner of the construction group CON-A based in Sibiu (central Romania) and one of the most important businessmen in the city, Mircea Bulboaca, plans to develop a photovoltaic farm. more

27 feb 2013

The National Highways and Roads Company in Romania (CNADNR) received Wednesday four bids from a Chinese company and other three joint ventures for the design, construction, financing and operation of more

27 feb 2013

Romanian Labor Ministry Wednesday sent to public debate an emergency ordinance draft based on which the additional aid for electric power and natural gas will be granted according to the income of the more

27 feb 2013

The Romanian Government Wednesday authorized the Economy Ministry to look for an investor to partner up with to finance the activity of coal producer CupruMin and which will further contribute with a more

27 feb 2013

Romanian energy producer Hidroelectrica won’t exit insolvency procedure and enter a two-three years reorganization plan June 26 unless it is able to sell its micro-power plants, Remus Borza, head of more

27 feb 2013

A well balanced mix of energy resources coul bring a decrease in electricity prices on the long term, according to energy specialists who attended ZF Power Summit '13 on Wednesday. more

27 feb 2013

The Bucharest stock market closed higher Wednesday, after two days of decreases, with shares of Banca Transilvania (TLV.RO) and investment fund Fondul Proprietatea (FP.RO) securing two thirds of the more

27 feb 2013

Felinvest (FEL.RO), a real estate company owned by businessman Octavian Buzoianu, will complete in March its first office building module part of a real estate project developed on the former sweets more

27 feb 2013

Brewers of Romania’s Association named Andrew Highcock, the head of Ursus Breweries, as the organization's president starting February, replacing Hezy Ovadia, URBB-Tuborg Romania’s head. more

27 feb 2013

The Romanian Government aims to change the highway lease system so that the contract closed with the investor will state that should the investment not be recovered to the amount estimated from the more