23 oct 2012

Renewable energy producers will receive temporary licenses to trade electricity in Romania outside of the regulated market OPCOM, the country’s watchdog in the field said Tuesday. more

23 oct 2012

Romania has kept its 72nd position among 185 countries in the World Bank’s Doing Business 2013 report, after falling seven places in last year’s report. more

22 oct 2012

Romanian Communications Ministry received 11 bids in the auction for ensuring the management of the national telecommunications infrastructure project RO-NET in the disadvantaged areas, according to more

22 oct 2012

Romanian household and corporate bank deposits were up by 42.35 billion lei (EUR9.9 billion) since the start of the economic crisis as the balance of bank deposits has increased by 27.9% since January more

19 oct 2012

The Romanian postal services market rose 5.2% to 1.53 billion (EUR333 million) in 2011, after three years of decline, due to a 28% increase in overall postal traffic to RON527.3 million, compared with more

19 oct 2012

The Romanian Government will change once again the tax system levied to car owners as of 2013, replacing the first registration tax with an environment tax, calculated according to the pollution more

18 oct 2012

Almost one million passengers will pay a higher fare after low-cost airline Wizz Air decided to charge for carry on luggage. Who stands to gain and who stands to lose from it? more

17 oct 2012

Romanian top lender Banca Comerciala Romana (BCR) will target its mortgage lending at borrowers in domestic currency to protect them against currency exchange risks, the bank said Wednesday. more

17 oct 2012

South Korea’s Samsung is considering building two solar parks with a total capacity of 45 megawatts in Romania, following the development of similar projects in neighboring Bulgaria, an official of more

16 oct 2012

French leading sugar producer Tereos Tuesday said it has acquired Romanian sugar refinery Zaharul Ludus from Sucreries du Marquenterre Group for an undisclosed price. more

16 oct 2012

The year 2012 is a closed chapter for the companies in the Romanian auto industry, which have already accepted the almost 20% decline of the market and are focusing on what will happen next year when more

14 oct 2012

Cigarette smuggling in Romania increased slightly to 14.2% of the market in September, compared to 12.9% in July and 13% in January, according to a study by Novel Research. more

10 oct 2012

The number of used cars imported to Romania rose 83% in the first nine of 2012, to over 120,000 units, according to data from Auto.ro, which provides the most complete database of new and used cars. more

10 oct 2012

Romania’s Parliament on Wednesday approved a government emergency decree that postpones the country’s car pollution tax until January 1, 2013. more

10 oct 2012

Romania’s trade deficit widened to EUR6.3 billion in the first eight months of 2012, from EUR6.06 billion in the year-earlier period, the country’s statistics institute INS said Wednesday. more

10 oct 2012

Romania’s annual inflation continued to accelerate for a fourth straight month in September as consumers paid by over two percent more for food items, official data showed Wednesday more

9 oct 2012

Romania is rated 9th globally amongst preferred destinations for investments in projects targeting customer contact centers over the period between 2008 and 2012, which created nearly 11,500 jobs on more

8 oct 2012

Online card payments in Romania rose 38% to EUR165.8 million in the first nine months of 2012, exceeding the value reported for the entire year 2011, e-commerce solutions provider PayU Romania said more

5 oct 2012

Romania spent 2.7 billion lei (EUR619 million) in the research-development sector in 2011, accounting for 0.48% of the gross domestic product, up 0.01 percentage points compared to 2010, the more

5 oct 2012

Romanian industrial sales fell 3.6% in August from a month earlier, due to declining demand in the manufacturing sector, the country’s statistics institute INS said Friday. more

5 oct 2012

Romanian energy output decreased 2.6% on the year to 15.2 million tons of oil equivalent in the first eight months, on falling production in the hydropower and nuclear sectors, official data showed more

5 oct 2012

The coffee market rose both in volume and in value in the first six months of 2012, driven by Romanians’ appetite for the product, by the development of various blends and new products, as well as more

3 oct 2012

The transaction whereby Polish group Selena took over entirely Romanian construction materials producer Euro MGA Product amounts to 13 million lei (nearly EUR3 million), Dorin Spataru, administrator more

2 oct 2012

Sales of masonry products in Romania decreased 11% by volume in the first half of 2012 compared with the same period a year ago, due to unfavorable weather conditions and lower number of new more

2 oct 2012

The enterprise resource planning (ERP) market rose 4.6%, to EUR100.5 million in 2011 in Romania, local software solutions provider Total Soft said, citing data of a study carried out by research and more