10 iul 2012

The deal whereby railroad car manufacturers Astra Vagoane Arad, Meva SA and Romvag Caracal were sold for EUR30 million comes after more than one year of negotiations and search for investors. more

8 iul 2012

The crisis in the euro zone is the biggest concern to Romania's economy at the moment, said William Jackson, analyst with Capital Economics, who pointed out that the local financial market has more

8 iul 2012

Romanian public institutions and state-owned companies spent over 150 million lei (EUR33 million) on legal services between 2009 and May 31, 2012, during the democrat liberal administration, a report more

6 iul 2012

US grain traders Cargill and Alfred C. Toepfer, the top two players on the local market of farming raw materials, last year managed to post turnover of EUR1.1 billion together, Trade Registry data more

5 iul 2012

Romania's Government will fine the contractors that are behind schedule on the construction of the Bucharest-Ploiesti highway and transfer the money to healthcare, to benefit people with incurable more

5 iul 2012

Romania’s Economy Ministry on Thursday said it set off procedures to select the consultants that will recruit professional managers to run 47 state-owned companies. more

4 iul 2012

Romania's Government is considering lowering the clawback tax charged to drug producers, with the hit in budget revenue to be borne by the Health Ministry. more

4 iul 2012

The Romanian Government has decided to set up a General Integrity Department within the country’s tax authority ANAF, which will be tasked with preventing and fighting tax fraud, Government more

4 iul 2012

Romania’s healthcare reform bill sets the new contributions to the mandatory health insurance fund at 5.5% for the insured, 5.2% for the employers and at 5.5% for the insured whose contribution is more

4 iul 2012

Romania’s Government on Wednesday approved an emergency decree setting the Constitutional Court will no longer issue mandatory notifications with respect to the Parliament’s decisions and its more

4 iul 2012

Romania’s leu weakened against the euro by midday Wednesday and the central bank’s reference hit an all-time low of 4.4715 units, amid growing tensions after the ruling coalition announced it more

4 iul 2012

Romania's economy shrank 0.1% in the first quarter compared with a quarter earlier, in line with previous estimations, but a slightly more vigorous domestic demand than initially reported and more

4 iul 2012

Romanians did not rush to borrow money from banks in the first half of the year despite promotional offers. Those who will seek to a get a loan soon might pay high interests and find it more difficult more

3 iul 2012

Online card payments in Romania, processed by RomCard, amounted to EUR109.5 million in the first half of 2012, up 38% compared with the same interval a year ago, e-commerce solution provider PayU said more

3 iul 2012

The top-20 largest employers in Romania have counted a total of 23,000 layoffs and only 6,000 new hires in 2011, according to the data extracted from the Trade Registry and Finance Ministry. more

3 iul 2012

This year’s grain harvest is estimated at almost 18 million tons, just 7% lower than the record-high 2011 figures. Converted in money, as prices remained high, almost EUR5 billion should go into more

3 iul 2012

The average monthly net salary in Romania's central bank, or BNR, was around 5,000 lei (EUR1,180), higher than the average gain in commercial banks and three times higher than the net wage in the more

3 iul 2012

About 30 of the 63 mutual funds on the local market managed to beat bank deposit interests in the first half, which stood at 3.25% a year, even though many of the funds that posted lower yields invest more

3 iul 2012

Cosmote and RCS&RDS are the only large telecoms whose revenue increased last year, while Orange remained the highest profit maker in 2011, according to the data ZF got from the Trade Registry. more

2 iul 2012

Computer sales of Hewlett-Packard Romania rose “moderately” in the second quarter of the year, in line with the entire market, Tiberiu Dobre, manager of the local PSG (Personal System Group) more

2 iul 2012

In the two months since being instated, Romania’s new government has mainly stood out through political disputes and failed to come up with any concrete plans to restart the economy, at a time when more

2 iul 2012

Insurers and providers of private healthcare in Romania think that stipulating fully deductible private health insurance in the Tax Code is key to the continuation of reform in the healthcare system, more

1 iul 2012

The Romanian Federation of Cancer Patients Associations, or FABC, said in a press release Sunday that it has called on Prime Minister Victor Ponta to step in and support the financing of the public more

30 iun 2012

Gas prices for household consumers will increase by 10% both in 2013 and in 2014 and by 12% annually between 2015 and 2018, through quarterly adjustments, according to the calendar for deregulating more

29 iun 2012

Romanian telecom regulator ANCOM will reduce landline telephony interconnection fees by 18% to 0.67 eurocents/minute starting July, the regulator said in a press release Friday. more