11 sep 2014

On the local flight market it dominates, Romanian state-run airline Tarom saw traffic go down by 10% in the first half of this year against the same period of 2013. more

10 sep 2014

Romanian courier services company FAN Courier, controlled by three Romanian entrepreneurs, ended the first half of this year with revenue of 151 million lei (EUR34 million), up 19% from the same more

9 sep 2014

Sibiu-based Atlassib company, Romania’s biggest international road passenger transport operator, carried more than 300,000 people in the first half of the year, 7-8% more than in the same period in more

8 sep 2014

Romania’s state-owned airline Tarom carried 1 million passengers on local and external routes in the first half of this year, up 7% from the same period of last year, according to the company’s more

5 sep 2014

Bucharest’s four-star hotel Howard Johnson, with a capacity of 285 rooms, ended the first six months of this year with 10% higher revenue against last year amid the rising demand for accommodation more

29 aug 2014

Tarom’s most-awaited direct flight, Bucharest-Beijing, cannot be launched on the lack of an approval to fly above the Russian airspace. more

27 aug 2014

The expansion of electronic commerce and the increase in the number of online stores has boosted revenue of courier service companies, which get 30% to 40% of their business from contracts with online more

4 aug 2014

Romania’s 15 operational international airports posted 5.2 million passengers in the first six months of this year, up 6.5% against the same period of 2013, according to a ZF analysis based on data more

1 aug 2014

In June alone, 88 of the 138 regular flights scheduled under the name of Fly Romania and due to be operated with the aircraft of TEN Airways airline controlled by businessman Ovidiu Tender were more

30 iul 2014

The Danube Delta, one of Romania’s most important touristic areas, attracted 16,400 visitors in the first half of this year, 17.6% more than in the same period of last year, according to data from more

28 iul 2014

After having unexpectedly renounced flights from the airports of Constanta (to Pisa and Milan) and Targu Mures (to Brussels), giant low-cost carrier Ryanair is focusing on the Henri Coanda (Otopeni) more

23 iul 2014

The 4-star Iaki hotel in Romania’s seaside resort Mamaia, owned by former soccer international Gheorghe Hagi, has all its rooms booked until the first week of September. The price of a double room more

18 iul 2014

Bali island is barely visible on the world’s map. But it is inhabited by 3.9 million people and in the touristic season another 3 million people from all around the world come to relax on the former more

9 iul 2014

Oradea-based freight shipping company Frigoexpres, which went insolvent last August, ended the first half of the year with 21 million lei (EUR4.8 million) revenue, down 36% in lei on the year-ago more

25 iun 2014

Carpatair, an airline gone insolvent early this year, posted 148 million lei (EUR33.7 million) revenue last year, down 40% on 2012, and RON26 million loss, according to the Finance Ministry website. more

11 iun 2014

Romania’s state-run airline Tarom, placed under private management at the end of 2012, ended last year with a net loss of 130 million lei (around EUR30 million), down by RON100 million from the more

6 iun 2014

Businessman Valer Blidar, who owns Arad-based railcar plant Astra Vagoane Calatori, says the company ended the first quarter of this year with profit worth 38 million lei (EUR8.6 million), after the more

3 iun 2014

Something that should have helped state-owned companies achieve efficiency, the ‘Private sector CEO for state-run companies” project, turned out to be just an instrument for political interference more

2 iun 2014

The number of Italian companies investing in Romania is on the rise and the stability of the economic environment is essential to attract even more firms, said the Italian Ambassador to Romania, Diego more

30 mai 2014

The load factor on Bucharest-Tulcea route, operated only by TEN Aiways airline, stood at 35-40% on the first flights, which is “encouraging”, states Catalin Butu, general manager of the airline. more

28 mai 2014

Express courier service and logistics company DHL Romania held by Deutsche Post ended 2013 with EUR50 million revenue, up 19% on 2012. more

27 mai 2014

Privately managed state-owned airline Tarom carried 2.1 million passengers last year, compared with 2.19 million in 2012, even though the target in the management plan approved early last year was 2.3 more

20 mai 2014

Romanian courier services provider Urgent Curier, controlled by Corina and Sebastian Balasescu, ended 2013 with 28% higher revenue in lei against 2012, fueled by the growth of online sales. more

20 mai 2014

Continental Hotels, one of the biggest hotel chains in Romania, stayed in line with the forecasts in the first three months, as its revenue went up 10%, the growth pace predicted for the entire year, more

14 mai 2014

Only one month from his appointment as general manager of freight rail carrier CFR Marfa, Dan Valentin Belcea, the second private sector manager of the state-owned company announced his resignation by more