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

The retail market in the central Romanian city of Brasov could oversaturate in the next three years, as it could only absorb two more shopping centers considering the number of households and purchase 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

Romania’s Constitutional Court on Wednesday decided, with majority of votes, that Romania’s president attends European Council meetings, as head of state. more

27 iun 2012

Romanian households are cautious with expenses and are willing to cut costs for garments, domestic appliances and vacations, but still consume alcohol, tobacco, according to a survey of 360insights. more

27 iun 2012

Romanians got used to the economic crisis, but are still personally affected by its effects lasting for more than three years, according to a survey of 360insights. more

27 iun 2012

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday approved a proposal to list its shares on the Warsaw Stock Exchange, participants in a shareholder meeting said. 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

25 iun 2012

Romania’s consolidated budget posted a deficit of 7.2 billion lei (EUR1.6 billion) in the first five months, equal to 1.19% of the gross domestic product, Finance Ministry data showed Monday. more

25 iun 2012

Online sales of travel agencies in Romania rose over 30% in the first five months of 2012 and the average value of transactions grew 18% to EUR182 from EUR155 in the same period of 2011, according to more

22 iun 2012

The Romanian leu closed weaker against the euro Friday, amid low traded volumes, with dealers suspecting an indirect intervention of the central bank to stop the leu go to farther from 4.47 units. more

22 iun 2012

The Romanian IT&C industry reached EUR9.4 billion in sales last year, 2% higher than in 2010, and exports exceeded EUR4.7 billion, up 55% compared to the level of 2008, according to a survey by the more

22 iun 2012

Barley, which makes an EUR250 million market, traditionally less important than the wheat and corn market, is gives the first indication of the prices of agricultural raw material this year. more

21 iun 2012

The Romanian leu closed around 4.46 against the euro Thursday, losing slightly from a day before, in a quiet market and amid very low traded volumes. more

20 iun 2012

The Bucharest Court on Wednesday approved the start of insolvency proceedings for Romanian hydropower producer Hidroelectrica, lawyer Remus Borza said. more

20 iun 2012

Romania is the sixth most attractive European country for foreign investments in the next three years, according to Ernst&Young’s 2012 European Attractiveness Survey report released Wednesday. more

20 iun 2012

Remus Vulpescu, the lawyer appointed by Prime Minister Victor Ponta to run Hidroelectrica, the largest state-owned company, says the decision to file for insolvency was made on Friday, after the more

19 iun 2012

The estimated value of mergers and acquisitions (M&A) closed in the first five months in Romania stands at around $800 million, almost double compared with the figure in the same period of 2011, more

19 iun 2012

Romania’s energy independence will be reduced and imports will reach 40%-50% of total consumption in 2030, due to higher demand for primary energy and the natural decline of the local hydrocarbon more

16 iun 2012

Renewable energy producers received nearly EUR750,000 each day over the past month, and the value of subsidies granted to companies generating power by using wind, sunlight or water resources amounted 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

Romanian new passenger car sales rose 27.7% on the month to 8,497 units in May, but were down 11% from the year-ago period, the Automotive Manufacturers and Importers Association, or APIA, said 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