15 apr 2013

German carmaker Daimler might open a car part plant in Romania, according to market sources. more

12 apr 2013

Swiss NEK Umwelttechnik group, which controls wind farm developer Eolica Dobrogea (Schweiz) AG, has bought an additional 17% stake from the company’s former manager Corneliu Dica. more

11 apr 2013

Sales of truck tires in Romania could reach 316,000 units, or EUR160 million, this year if slight growth forecasts turn out to be true. more

10 apr 2013

Local authorities in Romania will receive money from the state budget through a new program called the National Program for Local Development, which will be run solely by the Ministry of Regional more

10 apr 2013

Israeli-owned real estate developer Tagor has so far invested EUR6.1 million in residential compound Adora Urban Village located in south-western Bucharest. more

10 apr 2013

Austria Card Romania estimates to produce 40-50 million cards this year at the plant in capital city Bucharest and to reach a maximum production capacity of 140-150 million cards in 2014. more

10 apr 2013

Dobrogea Grup, one of Romania’s largest bakery businesses, went insolvent six weeks ago after its sales dropped 24% to EUR41 million in 2012. more

9 apr 2013

China Gezhouba plans to get involved in the construction of the Tarnita-Lapustesti hydropower plant in Cluj, northwestern Romania, and to invest in construction works on the Transylvania highway and more

8 apr 2013

Prices of old apartments in Romania’s capital city Bucharest declined in the first quarter of 2013, compared to the end of 2012, whereas in other six big cities prices went up even by 4.1%, real more

4 apr 2013

Romania’s state-owned medicine supplier Unifarm expects 14% higher gross profit to 110,000 lei (EUR24.841) in 2013, according to the company’s budget of revenue and expenditure. more

4 apr 2013

Bank Leumi Romania, the local division of Israeli group Leumi, on Thursday said its overall gross loans were up by around 7.7% to 981.32 million lei (EUR221.6 million) on the year in 2012. more

4 apr 2013

Analysts believe the Romanian economy will remain on the rise in the first quarter of this year and keep their estimates for 2013 gross domestic product, but signals from the economy are less more

3 apr 2013

Romanian pharmaceuticals wholesaler Farmaceutica Remedia Deva (RMAH.RO) estimates its net profit will shrink by 23% to 4.28 million lei (EUR970,000) in 2013, according to the company’s budget of more

3 apr 2013

Demand for office space by midcap companies in Romania increased by around 30% on the year in the first quarter of 2013, to 168,670 square meters and the bulk of demands targeted spaces that can be more

2 apr 2013

Hungarian drug maker Gedeon Richter estimates medicine sales will remain at a similar level this year to 2012 on the Romanian market, when expressed in lei, according to data published by more

1 apr 2013

Romania’s Health Minister Eugen Nicolaescu said he will sign a minister order on Monday halting the parallel export of all monitored oncology drugs until the end of the year. more

1 apr 2013

Transport and logistics company GEFCO Romania, subsidiary of French Group GEFCO, on Monday said it registered turnover of EUR42.3 million and net profit of around EUR2 million in 2012. more

28 mar 2013

Romanian insurers underwrote premiums of 348.85 million lei (EUR78.9 million) in other European Union member states in 2012, up 25.8% on the year, accounting for 4.22% of overall market, according to more

28 mar 2013

The average premium for mandatory car insurance (RCA) policies fell 4% to 463 lei (EUR104) on the year in 2012, while underwritten premiums on this segment rose 10% to RON2.06 billion, Romanian more

28 mar 2013

Romania’s Transport Ministry will launch over 20 public procurement procedures in infrastructure in April and May, Transport Minister Relu Fenechiu said Thursday. more

28 mar 2013

ManpowerGroup Romania on Thursday said its turnover rose 45% on the year in 2012, to over EUR37 million. more

27 mar 2013

MasterCard cardholders will be able to make mobile payments via smartphones based on a free application allowing the payment of bills, as well as of products and services bought from merchants. more

25 mar 2013

Four of Romania’s five regional investment funds SIFs will continue to sell assets in their portfolios this year in order to obtain high profit, according to their draft budgets for 2013. more

25 mar 2013

Starting next year, Romania’s central bank will pay each of its over 1,800 employees based on performance appraisals and not on traditional wage grids, in order to create a generation of young more

20 mar 2013

Romanian Primer Minister Victor Ponta said the Government will ask for the approval of the European Court of Human Rights (ECHR) to extend by three weeks the deadline for the adoption of the new bill more