18 iun 2012

Catalin Marinescu, the chairman of Romania’s communications market regulator ANCOM, is the key man in the auction that will decide what cellular phone operators will remain on this market until more

18 iun 2012

A group of 39 farmers in Giurgiu County (southern Romania), who operate 25,000 hectares of arable land together, have managed to persuade traders to sell them seeds or pesticides up to 30% cheaper more

18 iun 2012

Dragos Petrescu, the most powerful Romanian entrepreneur in the restaurant business, has expansion and acquisition plans for this year after noticing an increase in the average bill and customer more

16 iun 2012

Romanian carmaker Dacia's factory in Mioveni will not build any cars on June 18 and 19, as well as July 2, because of low demand and overstocking. more

15 iun 2012

Romania's Government has approved a program of collective layoffs for 500 employees of power producer Termoelectrica, with the first stage, during which 200 staff will be sacked, to begin in June. more

15 iun 2012

The Norwegian Government on Friday decided to lift the barriers to the labor market for Romanian citizens, the Romanian Foreign Ministry informs. more

15 iun 2012

Inditex, the largest player on the Romanian fashion market, with sales of around EUR150 million last year, will end 2012 with a network of at least 90 stores, 18 more than at the end of 2011 and more

15 iun 2012

Cargill, Romanian market’s number one grain trader, is not using a 47,000-ton silo and 16,000-ton grain collection facility in Giurgiu County (southern Romania) even though competition has made more

15 iun 2012

Romanian companies that no longer find resources for growth on the local market and turn to exports will have to seek markets outside the European Union. This was the main conclusion of the conference more

15 iun 2012

The creation of the largest mutual fund in Romania started in Brussels, at the European Commission to be precise, which decided to change the rules for the operation of money-market funds to make them more

14 iun 2012

Romanian Democratic Liberal Party (PDL) president Emil Boc and the rest of the party's leadership resigned Thursday, and a meeting will be held Sunday to prepare an extraordinary national party more

14 iun 2012

Romanian GPs with over 70% of their prescriptions in electronic form will receive a bonus of 100 lei (EUR22) every month in 2012, starting with July, and an extra RON5 for each issued health card, more

14 iun 2012

Cigarette smuggling in Romania remained relatively constant in the first five months of 2012, being worth 13.3% of the total market in May, compared with 13.4% in March and 13% in January, according more

14 iun 2012

The Romanian Government on Wednesday gave the green light to the auction that will decide which mobile phone operators will provide communications services in Romania until 2029, by deciding on the more

14 iun 2012

The average price of a pack of pills has doubled since 2005, reveals a ZF analysis based on the data provided by market research company Cegedim Romania. more

14 iun 2012

The latest bet of Romanian entrepreneur Radu Georgescu has several knowns and one unknown. One of the knowns is $1 billion - this should be the value of his company, Avangate, which will be listed in more

14 iun 2012

Grup Feroviar Roman (GFR), the largest private railway freight carrier in the country, saw its net profit increase six-fold last year to 28.7 million lei (almost EUR6.5 million) and expects it to go more

13 iun 2012

Romania's Government has set the minimum fees for mobile telephony licenses, estimating tenders will earn the budget at least EUR700 million. more

13 iun 2012

Violeta Ciurel, CEO and president of AXA Life Insurance Romania, will also take over as president of AXA Insurance Hungary, starting on July 1. more

13 iun 2012

Sorin Oprescu has been reelected Mayor of Bucharest, with 54.79% of the votes cast Sunday, while the runner-up, PDL deputy Silviu Prigoana, got 17.12% of the ballot, according to the final results of more

13 iun 2012

The value of Romania's advertising market dropped 2% in 2011 compared with 2010, to EUR309 million, with cuts on every medium except the Internet, according to the Media Fact Book study published by more

13 iun 2012

Yields on government bonds have risen again in the past few weeks as has Romania’s CDS, as well as interest rates on the interbank market. This at a time when risk aversion in Europe is on the rise more

13 iun 2012

The sentencing of Ilie Carabulea, Banca Carpatica (BCC.RO)’s largest shareholder, to 18 months in prison for bribery came as a shock to the market. The bank’s shares have somewhat recovered from more

13 iun 2012

Kaufland climbed to the top position among modern retailers in Romania in 2011, ending the year with EUR1.35 billion in sales. more

13 iun 2012

Wind energy is no longer just a trend, because on May 13, wind turbines covered more of the national consumption of energy than the Cernavoda nuclear power plant. At the time, though, the nuclear more