3 mai 2013

Foreign real estate investors brought over EUR120 million to the capital of Romanian subsidiaries in the first three months of 2013, which is 7.5 times higher from EUR16 million in the same period in more

3 mai 2013

Companies listed on the Bucharest Stock Exchange paid overall dividends of 3.03 billion lei (almost EUR700 million) this year from 2012 profit, down by 17% from the amounts paid in 2011, when more

2 mai 2013

Romanian brick manufacturer Cemacon (CEON.RO), which has a plant in Zalau, has been the star of the beginning of the year on the Bucharest Stock Exchange, as the value of its shares almost doubled in more

1 mai 2013

Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) estimates to obtain 2.6% lower revenue to 387.1 million lei (EUR89.5 million) this year and net profit of RON19.8 million, nearly half of more

1 mai 2013

The value of works performed by Austrian constructor Strabag in Romania rose 81% to EUR371 million in 2012, from EUR206 million a year ago, and over 40% of works targeted road construction. more

1 mai 2013

Romanian pharmaceutical wholesaler Medimfarm Ploiesti said its turnover rose 17% to 72 million lei (EUR16.1 million) on the year in 2012, while its net profit declined 88% to around RON237,000. more

1 mai 2013

Some of Romania’s furniture plants continued investment last year, which led to an increase in staff numbers by 4,700 in an industry which pays a monthly net wage a little over 1,000 lei (EUR231). more

1 mai 2013

Most analysts expect Romania’s central bank to keep its key interest rate at 5.25% this year, given the uncertainty over the significant deflation expected in summer and amid lingering external more

30 apr 2013

Romanian car parts manufacturer Compa Sibiu (CMP.RO) estimates 8% lower revenue to 476 million lei (EUR110 million) this year, from RON519.2 million in 2012, and lower net profit to RON19.3 million, more

30 apr 2013

Romanian pharmaceutical wholesaler Farmaceutica Remedia Deva (RMAH.RO) on Monday said its first-quarter turnover rose around 15% on the year to 62 million lei (EUR14.3 million), while its more

30 apr 2013

The twelve modern retailers in Romania opened 48 stores in the first four months of 2013, following investments of EUR40 million to EUR50 million. Retailers mostly targeted supermarkets and discount more

29 apr 2013

Pharmaceuticals company Zentiva Romania estimates net profit of 47.9 million lei (EUR11.08 million) this year, up 49.2% from RON32.1 million in 2012, according to the company’s budget of revenue and more

26 apr 2013

Local authorities in Cluj-Napoca, northwestern Romania, on Friday signed two financing contracts worth 125 million lei (EUR28.8 million), which target the setting up of a new industrial park and the more

26 apr 2013

Romania’s Trade Registry on Friday said the number of companies going insolvent in the first quarter of 2013 rose slightly to 4,472, compared to 4,414 in the same period a year ago. more

25 apr 2013

Agroli Group, mainly operating in poultry industry, reported turnover of 527 million lei (EUR120.9 million) in 2012, slightly up from a year ago. more

24 apr 2013

Romanian pharmaceutical wholesaler Farmexim on Wednesday said it estimates a 10% increase in turnover to 1.4 billion lei (EUR322 million) and a net profit margin of 1.4% in 2013. more

23 apr 2013

Romania’s Agriculture Ministry wants to allot EUR1 billion, of a total EUR21 billion in European Union structural funds allocated for 2014-2020, to its basic infrastructure for irrigations, more

17 apr 2013

The number of real estate transactions in Romania rose 26% to 187.712 on the year in the first quarter of 2013, but the number of mortgage deals registered at Romania's National Cadastre Agency more

17 apr 2013

Local authorities in Suceava, northeastern Romania, will sell a five-hectare plot of land, for EUR315,000, to industrial engineering company Adrem Invest which previously leased it in view of building more

17 apr 2013

Banks have ended up foreclosing on 2,000 homes per month as they seek to recoup money from bad payers, according to ZF calculations based on the difference between the rise in the number of loans and more

17 apr 2013

The secondary public offering of 15% in Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) ended at Tuesday at noon and all three tranches were oversubscribed, according to market more

16 apr 2013

Romania’s car parts market will remain stable this year at around EUR1 billion, according to estimates by the Romanian office of American auto parts supplier Federal Mogul. more

16 apr 2013

Beer sales in Romania rose 7% to 18.2 million hectoliters and consumption per capita stood at 90 liters in 2012, the country’s brewers association said Tuesday. more

16 apr 2013

Romania alongside Greece and Ireland, two countries that allocated billions of euros to save their banks, are the European countries with the highest rates of non-performing loans (NPLs). more

15 apr 2013

With a stock of several million smartphones and several hundreds of thousands of tablets in use at the end of last year and with higher sales expectations than for any other IT&C segment, apps are more