2 iul 2012

Romania's new healthcare bill provides two service packages – a basic and a social service package, with two more proposals currently being discussed, Health Minister Vasile Cepoi said Monday in the more

29 iun 2012

Romania's central bank has approved the acquisition of Emporiki Bank's local subsidiary by French group Credit Agricole, with the bank's name to be changed to Credit Agricole Bank Romania by the end more

29 iun 2012

Romania's National Council of Degree and Diploma Certification (CNATDCU) decided Friday that Prime Minister Victor Ponta plagiarized his PhD thesis, and asked the Education Ministry to withdraw his more

29 iun 2012

Marcel Barbut, who owns construction supplies manufacturer AdePlast Oradea, says that despite the slight rebound on the construction materials market, the year 2012 is harder than had initially more

29 iun 2012

Modern retailers have invested about EUR100 million in the first six months of this year to open 88 new stores and one network closed up shop. more

28 iun 2012

Five Romanian firms will receive 27.2 million lei (EUR6.1 million) in non-refundable financing from the European Union and the state budget, for investments with a total value of RON101.5 million more

28 iun 2012

Tax uncertainty in Romania, especially as a result of frequent changes in legislation and a poor relationship with tax authorities, is among the highest in Europe, the Middle East and Africa (EMEA), more

28 iun 2012

Romanian insurer Allianz-Tiriac Asigurari will have a new CEO, Remi Vrignaud, starting in August, as the current manager, Rangam Bir, will join the Allianz group's regional management team in more

28 iun 2012

For the first time ever, Romania’s central bank (BNR) says financing of foreign-held banks by their parent banks is uncertain and therefore finds it has to lend them money itself. more

28 iun 2012

Lebanese businessman Mohammad Murad, the chairman of the Perla Majestic group operating in the Romanian tourism industry, will begin construction of a new hotel in the seaside resort of Navodari. more

28 iun 2012

The scheme granting six green certificates per each megawatt of solar power generated remains valid for the projects done by early 2014. more

27 iun 2012

Romanian natural gas producer Romgaz has wrongly spent more than 123 million lei (EUR27 million) on machinery and equipment, and another RON115 million on activities that did not improve its business, more

27 iun 2012

Employees may start strikes only with at least 48 hours' notice to the employer and only with the consent of at least half of the total number of union members, says a draft emergency ordinance put up more

27 iun 2012

Romania's Government has decided to place chemical producer Oltchim (OLT.RO) under administration, in order to make the company solvent and get it ready for privatization later in the year. more

27 iun 2012

Romanian insurer Carpatica Asig wants to increase underwritten premiums by 40% this year, from just over 200 million lei (EUR45 million) in 2011. more

27 iun 2012

The Romanian auto industry's turnover increased last year by 7.8%, to EUR11.4 billion, and might grow again in 2012 by 12.6%, to EUR12.5 billion, according to data presented by the Association of more

27 iun 2012

Fewer and fewer natural persons buy cars in Romania, as generally only international companies can afford to renew their car fleet, said Brent Valmar, vice-president of the Automobile Manufacturers more

27 iun 2012

As with other segments of the IT&C and electronic products market, the boom years 2007 and 2008 are the reference when it comes to sales of printers. However, the top companies expect growth this more

27 iun 2012

The Transport Ministry has spent EUR12 billon from 2008 through 2012 without making the beltway of Romania’s largest city a priority. more

27 iun 2012

Lithuanian-held developer Europa Group has completed a EUR12 million investment in Europa Royale, a luxury hotel in the Unirii area of Bucharest (center of the city). more

26 iun 2012

The boar d of the Bucharest Stock Exchange has asked Bogdan Patriniche, a specialist in financial instruments who works in London, to take over as general manager, and he accepted the offer Tuesday more

26 iun 2012

The Romanian Parliament's committees for foreign policy on Tuesday endorsed five proposals for ambassadors to Egypt, Belgium, the United Arabian Emirates, Lithuania and Thailand. more

26 iun 2012

Romania's Parliament on Tuesday validated the new board of public television network TVR. more

26 iun 2012

Real estate developer Anchor Grup appointed two new marketing and leasing managers, the company said Tuesday. more

26 iun 2012

The number of homes completed in Romania last year was 34% lower compared to the peak year, 2008, the fourth-largest drop among the six states evaluated in a report by Polish research company PMR. more