23 ian 2013

D&B David şi Baias, the correspondent law firm of consultancy and audit company PwC Romania, has promoted Manuela Guia as partner. more

23 ian 2013

The Bucharest stock exchange closed higher Wednesday, after two days of decreases, with deal transactions of BRD Societe Generale (BRD.RO) and OMV Petrom (SNP.RO) shares ensuring amost half of the more

23 ian 2013

Romanian Government will seek a confidence vote in Parliament by April to pass a bill regulating the restitution of nationalized property, Minister-delegate for Budget Liviu Voinea said Wednesday. more

23 ian 2013

Romania’s leu retreated against the euro in a quiet market Wednesday, closing about 0.4% weaker on the day at 4.372/4.373 units. more

23 ian 2013

Romania’s Environment Ministry is considering changing the state-supported cash-for-clunkers program and increase the value of a scrapping voucher from 3,800 lei (EUR870) to EUR1,500, minister more

23 ian 2013

Italian group Policlinico di Monza, which owns 10 private hospitals in Italy, will invest another EUR20 million over the next two or three years in its cardiology hospital opened in Bucharest last more

23 ian 2013

Romania’s state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) will enter insolvency and a request to this end is to be sent to the Valcea Court, Economy Minister Varujan Vosganian told Mediafax more

23 ian 2013

Romania’s government has revised downward its estimate on the 2012 economic growth to 0.2% from 0.7% previously, according to the country’s Fiscal Strategy for 2013-2015. more

23 ian 2013

Romania’s Government on Wednesday approved the draft state budget for 2013, which will be sent to the Parliament for debates and a final vote, said people close to the matter. more

23 ian 2013

Insurers in Romania will rethink mandatory car insurance (RCA) policy prices so as to make sure that revenues estimated for an interval of 12 months will cover risks, costs and their profit margin, more

23 ian 2013

Romanian IT firm Total Soft appointed Brandusa Fecioru as human resources manager, replacing Oana Cutui, who was promoted to cost control manager. more

23 ian 2013

Romania’s leu extended earlier losses against the euro by midday Wednesday and the central bank’s reference weakened for the fourth consecutive session to 4.3727 units, from 4.3571 units in the more

23 ian 2013

Romania's economy is expected to post modest growth of up to 1% in 2013, from around 0.5% a year earlier, held back by even exports and industrial production, according to estimates of Coface rating more

23 ian 2013

Romania’s Government proposes a new formula to compute the car pollution tax, which increases by about 10% the sum to be paid for Euro 4 and Euro 3 cars, and lowers by 60% to 90% the tax to be paid more

23 ian 2013

Romanian Minister-delegate for Energy Constantin Nita said Wednesday he will have the minister’s control body check all contracts concluded by state-owned energy companies in a move to cut costs. more

23 ian 2013

Romanian waterproofing and thermal insulation systems producer Arcon said Wednesday its turnover increased 15% on the year to EUR31.5 million in 2012, supported by all categories of products. more

23 ian 2013

Romania will export to Austria and Turkey the energy produced at the thermal power plant Complexul Energetic Oltenia will build in partnership with a Chinese firm, Laurentiu Ciurel, the general more

23 ian 2013

Romanian Prime Minister Victor Ponta said he talked to President Traian Basescu about moving the country’s 2014 presidential election up to May or June, at the same time as elections for the more

23 ian 2013

The Bucharest stock market bounced back in early trade Wednesday, after two consecutive days of declines, but the traded volumes were low. more

23 ian 2013

The Romanian leu opened weaker against the euro Wednesday, in line with the other currencies in the region, while transferred volumes remained low. more

22 ian 2013

Romanian organized crime prosecutors have placed under preventive arrest for 29 days three Romanians suspected of having stolen paintings by artists including Picasso, Matisse, Monet and Gauguin from more

22 ian 2013

Romania’s Government approved in a special meeting Tuesday a set of measures introducing new taxes targeting companies and farmers, the increase of the gross minimum wage and the inflation more

22 ian 2013

Retailer Mega Image, part of Belgian group Delhaize, will open a new store Wednesday in Bucharest, and plans to two more openings by end-January, which will bring its Romanian network to 195 stores. more

22 ian 2013

Romania will privatize and launch initial public offerings targeting companies under the authority of the Economy Ministry by the end of April, the ministry head said Tuesday. more

22 ian 2013

Romania’s harsh cost-cutting measures implemented in 2009-2011 are finally paying off and the country could exit the European Union’s excessive-deficit procedure in May or June this year, the more