11 feb 2013

Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) may pay dividends of 48 million lei (EUR10.93 million) from previous years’ profit, according to a proposal of its stockholder more

11 feb 2013

Investment fund Fribourg Investments, majority owned by former Moldovan Premier Ion Sturza, took over 49% in the share capital of Romanian mining firm Romaltyn, and will invest $20 million in mining more

11 feb 2013

Romania may have obtained EUR22 billion in structural funds from the EU budget for 2014-2020, as opposed to EUR20 billion in the current programming period, but this will not be very helpful if it more

11 feb 2013

Bitdefender, one of the world’s most important antivirus software solution providers, is aiming for growth of 30% on the developed markets where it operates, such as US, China and Germany, its more

11 feb 2013

Kaufland, the leading retailer in Romania according to the latest publicly available data, is currently employing more than 13,000 people, after having recruited over 2,500 since the end of 2011. more

11 feb 2013

Romania ranked fifth in the European Union in terms of newly-installed wind power in 2012, with 923 new MW, following investments of around EUR1.5 billion. more

11 feb 2013

Luxury car registrations surged in January to almost 40, according to the statistics of the Driver License and Vehicle Registration Department (DRPCIV). more

11 feb 2013

Eugen Paturan, the head of footwear retailer Bata Romania says customers are now more concerned about product features than about price when they do their shopping, as opposed to before the crisis. more

11 feb 2013

RCS&RDS, one of the largest local telecoms, bought another company in the electricity generation business after acquiring two companies developing solar PV projects in Braila county for EUR20 million more

11 feb 2013

Romanian businessman Eugen Paturan, who owns with his wife the franchise for footwear retailer Bata for the local market, is seeking investment opportunities in agriculture and production after all more

10 feb 2013

Romanian president Traian Basescu said Sunday there is no risk the United States stop the antimissile shield project in Deveselu, southern Romania, for inefficiency in the event of attacks from Iran, more

10 feb 2013

Romania’s president Traian Basescu said Sunday that Romania will benefit from additional financing of EUR6 billion from the European Union between 2014- 2020, compared with 2007-2013. more

8 feb 2013

Romania will get European Union financing of EUR39.887 billion during 2014-2020, up 18% compared with the budget for 2007-2013, president Traian Basescu said Friday in Brussels. more

8 feb 2013

Romania’s privatization authority AVAS will elaborate the legislative framework enabling the exchange of minority stakes in companies that both AVAS and the regional investment funds have interest more

7 feb 2013

Romania's Securities Commission, or CNVM, will send the Finance Ministry a law draft proposal on the restructuring of Rasdaq market, stating that companies’s stockholders trading on Rasdaq are more

7 feb 2013

The Bucharest stock market closed undecided Thursday, for the second day in a row, while trading values remained reduced. more

7 feb 2013

Romanian car manufacturing plant Dacia made a total of 400,000 Dacia Duster models, the carmaker said in a statement Thursday. more

7 feb 2013

The Bucharest stock market opened slightly down Thursday in very low traded values, and with Fondul Proprietatea (FP.RO), Zentiva (SCD.RO) and Condmag (COMI.RO) among the top traded issuers. more

7 feb 2013

The cuts to deposit interest rates announced by banks in the last few weeks will not also mean a cheapening of loans, according to Rasvan Radu, executive president of UniCredit Tiriac Bank. more

7 feb 2013

Home appliances manufacturer Arctic increased exports by 25% last year and its best markets were Iraq, South Africa, Turkey and Ukraine. more

7 feb 2013

Romenergo, a company that has been active for over 35 years in the energy sector, says as the country has become de-industrialized, companies that used to have a rich activity on foreign markets have more

7 feb 2013

Rombat Bistrita, Romania’s largest car battery manufacturer, expects the auto market to be flat in 2013 after five years of decline. more

6 feb 2013

European Union’s representatives decided to de-block the Operational Program for Human Resource Development (POSDRU) and resume payments to Romania, following the audit mission held between January more

6 feb 2013

Romanian ball bearing maker Rulmenti Barlad (RBL.RO), owned by Turkish holding Kombassan, Wednesday said its profit was at $7 million in 2012, down 30% from the targeted amount due to a lower demand more

6 feb 2013

South-African investment fund New Europe Property Investment (NEP.RO) is in negotiations to acquire The Lakeview offices in Bucharest, owned by US group AIG Lincoln and businessman Dinu Patriciu, more