29 mai 2012

Romania may need financing of up to EUR60 billion to capitalize its oil and natural gas resources, double the amount estimated by the authorities for the entire energy sector by 2030, an official of more

29 mai 2012

Organized crime prosecutors and the secret service have disbanded hacking group Anonymous Romania following search operations at 12 premises in capital Bucharest and nine counties Tuesday morning. more

28 mai 2012

Romania’s Government has pledged to gradually eliminate regulated natural gas prices for industrial consumers until the end of 2014, but it could extend the period until the end of 2015 if there was more

28 mai 2012

Romanian drug producers will withdraw products from the discounted and free medicine list if the Government fails to revise the clawback tax. more

28 mai 2012

Romanian authorities plan to set up a trading exchange in the natural gas market by January 2013, according to a memorandum signed with the International Monetary Fund. more

28 mai 2012

Romania’s new government has pledged to increase by 5% the administered prices for electricity by the end of June, according to a memorandum signed with the International Monetary Fund. more

28 mai 2012

Romania remains one of the top destinations in the world for renewable energy projects, according to a report from Ernst & Young. more

28 mai 2012

The Cluj County Council on Monday approved financial aid of more than EUR5.2 million until 2020 for certain airlines, to launch new flights or raise their frequency, with a view to increasing traffic more

28 mai 2012

The Romanian Education Ministry will hold an auction in July to buy IT&C equipment and services needed to connect schools to the Internet. more

28 mai 2012

Sales of cell phones fell 10% in Romania on the year in the first quarter, but sales of smartphones have increased again, Sorin Manea, head of telecom division of Samsung Electronics Romania, told more

28 mai 2012

Brewers on the Romanian market have got off on the wrong foot this year, with sales down almost 6% on the year in the first quarter, according to ZF calculations based on data from the National more

25 mai 2012

The local market of GPS vehicle tracking systems will increase by over 10% in 2012, from EUR9.2 million in 2011. more

24 mai 2012

The number of phone cards and subscriptions for mobile telephony services in Romania fell 1% to 23.4 million in 2011, while voice call traffic rose 11% to 58 billion minutes and text messaging traffic more

22 mai 2012

The number of television services subscribers in Romania increased 2% last year to 5.85 million, and the household penetration rate reached 82.6%, telecom regulator ANCOM said in a press release more

22 mai 2012

Romania’s energy watchdog ANRE will rethink in June the aid scheme for investments in photovoltaic power projects, and might propose a reduction of the number of green certificates granted for solar more

22 mai 2012

Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt was more

22 mai 2012

Alfred C. Toepfer International, the second leading agricultural raw materials trader on the Romanian market, with more than EUR400 million in revenues a year, is building an 18,000-ton silo in more

21 mai 2012

Kazakh state-run oil and gas company KazMunayGas wants to attract Romanian capital for a joint well services company in the Asian country, the Romanian Economy Ministry said in a statement Monday. more

18 mai 2012

President Traian Basescu said Friday that any of the alternative energy supply projects in the Balkan region is a win for Romania, whether it is Nabucco, the South East Europe Pipeline or the Southern more

16 mai 2012

Galaxy Tobacco has won a case against Romania’s tax authority ANAF, in which the state claimed 500 million lei (EUR112.4 million) in unpaid taxes from the cigarette maker. The sum doubled following more

16 mai 2012

Romania's current account deficit narrowed to EUR544 million in the first quarter from EUR967 million in the same period of 2011, due mainly to the increase in the current transfers’ surplus, more

15 mai 2012

Spanish developer Heliotech and its Romanian partner Solar Systems will develop a solar power project worth over EUR55 million in Harghita county, central Romania. more

15 mai 2012

Romania fell one notch to fourth place in a ranking of the most attractive destinations for private equity funds in Central and Eastern Europe, after private equity firms halved their investments in more

14 mai 2012

Romanian banks reported combined net profit of 165 million lei (EUR37.2 million) in the first quarter, lower on the year, hurt by rising provisions. more

11 mai 2012

Romanian new passenger car sales rose 14.4% on the month to 6,650 units in April, but were down 21.4% from the year-ago period, the Automotive Manufacturers and Importers Association, or APIA, said more