30 ian 2013

DHL Romania, part of German network DHL, registered a single-digit rise in 2012 revenue, from around EUR25 million in 2011, and it might post similar or higher growth in 2013, DHL Romania’s managing more

30 ian 2013

Romania’s Economy Ministry plans to launch a public offering to double the share capital of state-run electricity supplier SC Electrica SA with a view to float the company on the Bucharest Stock more

30 ian 2013

Romania’s Economy Ministry plans to launch a public offering to double the share capital of its energy holding CEn Hunedoara with a view to float the company on the Bucharest Stock Exchange, more

30 ian 2013

Romania’s leu traded in ranges against the euro by midday Wednesday and the central bank’s reference advanced slightly to 4.3825 units, from 4.3853 units a day earlier. more

30 ian 2013

Tax collection level in Romania is well below the numbers seen in other European Union and a higher collection rate, of around 90%, would help improve the fiscal environment, consultancy and audit more

30 ian 2013

Romania meets specific requirements to join the border-free Schengen Area, Mark Gray, the spokesman of the European Commission, said Wednesday after presenting the main points in the CE’s report on more

30 ian 2013

The European Commission said in its justice report on Romania released Wednesday that while the country has made progress, further steps are needed to ensure and protect the rule of law. more

30 ian 2013

The Bucharest stock market opened slightly up Wednesday, and a special deal with the shares of investment fund Fondul Proprietatea (FP.RO) ensured 80% of the bourse’s overall traded value. more

30 ian 2013

The Romanian leu opened higher versus the euro Wednesday, but soon turned to losses amid low transferred volumes. more

30 ian 2013

After four years of crisis marked by several occasions when it was at the banks’ mercy, the Finance Ministry continues to say “no” to gathering funds from the population, which could be a source more

29 ian 2013

U.S. oil group Chevron has received urban-planning permits from the Vaslui county council to explore three shale gas blocks in the county. more

29 ian 2013

The Bucharest stocks closed down Tuesday, with the liquidity lifted by deal trades, while Oltchim (OLT.RO) continued the abrupt decline more

29 ian 2013

Romania’s leu strengthened against the euro in a quiet session Tuesday, recovering some of yesterday’s losses, and closed 0.3% higher on the day at 4.38/4.382 units. more

29 ian 2013

German retailer Lidl will open Thursday its third store in the southeastern town of Constanta, expanding its Romanian network to 157 units, the company said Tuesday. more

29 ian 2013

Romanian local governments that register arrears at the end of January 2013 will be obliged to reduce them by at least 85% in two months, otherwise the state treasury will limit payments from their more

29 ian 2013

The average office space rent in Bucharest decreased by 5.13% last year, while industrial and retail space rents remained unchanged, which makes Bucharest one of the cheapest cities in Europe, the more

29 ian 2013

Carpatcement, the Romanian unit of German construction materials producer HeidelbergCement, Tuesday named the company’s general manager Florian Aldea as president of the Board of Directors, instead more

29 ian 2013

Romania’s insolvent energy producer Hidroelectrica plans to sell 768,000 megawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise EUR35 million. more

29 ian 2013

The Romanian Chamber of Deputies adopted Tuesday the emergency ordinance on amending the public pensions system, which sets the pension point value to 762.1 lei (EUR175) in 2013. more

29 ian 2013

Romania’s Government will make sure city halls that register arrears will increase local taxes by 16% to avoid amassing new debts, reads the country’s latest letter of intent to a loan agreement more

29 ian 2013

Italian household appliances producer DeLonghi will start production at its Romanian plant in Jucu, northwestern Romania, in mid-February, Cluj County Council head Horea Uioreanu said Tuesday. more

29 ian 2013

Romania’s leu moved in a narrow range versus the euro by midday Tuesday, while the central bank’s reference strengthened modestly to 4.3853 units, from 4.3877 units a day earlier. more

29 ian 2013

Business software solution provider SAP Romania Tuesday said it registered revenue of EUR23 million in 2012, up 40% from a year before. more

29 ian 2013

Romanian state-run drug producer Antibiotice Iasi (ATB.RO) forecasts 17% higher exports in 2013 from $20 million in 2012, fueled by expanded partnerships on the US market as well as on other more

29 ian 2013

The representatives of the Romanian Association of Road Transporters in Constructions (ATRC) on Tuesday said the draft decree levying a special tax of 0.5% on the revenues of companies exploiting and more