5 feb 2013

The online application allowing end users to compare telecom offers will become operational by the end of June 2013, after UTI Systems delivered to Romania’s telecom market regulator ANCOM the more

4 feb 2013

Romanian Cluj-Napoca- based Mobile Distribution, a leading distributor of prepaid products, reported a 1.9% increase in 2012 turnover, to some EUR50 million, after expanding its portfolio to over more

4 feb 2013

Romanian online applications provider Zitec reported a 25% rise in 2012 turnover, to EUR1.4 million, backed by diversified business lines and an increase in the number of clients in Romania, the more

1 feb 2013

Tourist arrivals in Romania rose 9.3% in 2012 from a year earlier, while overnight accommodations were up 6.6%, the statistics institute INS said Friday. more

1 feb 2013

Romanian adjusted retail sales rose 3.3% in 2012 compared with the previous year, on higher sales across the board, the statistics institute INS said Friday. more

1 feb 2013

Romania's unemployment rate inched down to 6.5% in December 2012, from 6.7% a month earlier, seasonally adjusted data from the statistics institute INS showed Friday. more

31 ian 2013

Romania’s Trade Registry on Thursday said around 90,000 companies went insolvent since the start of the economic crisis, in 2008. more

30 ian 2013

American investment fund NCH holds 1,000 retail spaces in 30 Romanian towns, which generate EUR20 million annually, the fund’s president Andrei Siminel said Wednesday. more

30 ian 2013

IT products manufacturer Epson Romania registered a 6.2% year-on-year increase in 2012 turnover, to EUR8.5 million, below its previous target of around EUR9 million, due to lower sales in the more

30 ian 2013

Romanian inpatients will pay between 5 lei (EUR1.14) and RON10 upon hospital discharge, and each hospital will be free to set the value of copayment within these limits, according to a draft normative more

30 ian 2013

The European Commission’s report on Romania, due to be published Wednesday, January 30, seems to turn the page of an extremely difficult 2012 year for the European Union- Romania relations, more

29 ian 2013

The number of real estate transactions in Romania rose 9.16% to 705,338 in 2012, compared to 646,112 in 2011, but the number of mortgage deals registered at Romania's National Cadastre Agency (ANCPI) more

29 ian 2013

The representatives of the Romanian Association of Road Transporters in Constructions (ATRC) on Tuesday said the draft decree levying a special tax of 0.5% on the revenues of companies exploiting and more

28 ian 2013

Tariffs for mandatory car insurance (RCA) policy premiums are seen flat or up to 5% higher in 2013, after three years of price stagnation, Viorel Vasile, general manager of Romanian insurance broker more

28 ian 2013

Romanian companies expect the construction sector will continue decline in the first quarter of the year compared with the previous three months, while activity in retail and services will be mildly more

28 ian 2013

The freeze on EU funding and the sluggish economic activity widened Romania’s budget gap in 2012, causing the country to miss its budget deficit target agreed with the International Monetary Fund, more

24 ian 2013

Firms in Romania executing public works and delaying the project without their fault will be entitled to ask for price adjustment, only within a certain limit, but will no longer be allowed to claim more

24 ian 2013

The share of Romanian Internet users aged over 15 rose to 48.7% in 2012, up 8.4 percentage points from 2010, according to a survey by market research company GfK. more

24 ian 2013

Tymbark Maspex, the largest juice producer on the local market, took over some of the assembly lines and brands of Craiova-based bakery company Pan Group, sources close to the deal told ZF. more

23 ian 2013

Insurers in Romania will rethink mandatory car insurance (RCA) policy prices so as to make sure that revenues estimated for an interval of 12 months will cover risks, costs and their profit margin, more

23 ian 2013

Romania’s recent amendments to its Tax Code, which compel companies with revenues up to EUR65,000 to pay a 3% income tax, will trigger an increase in the number of insolvencies for this type of more

22 ian 2013

New office space rentals, expansions and pre-rentals in Romania made up only 33% of total transactions registered in 2012, and the bulk of contracts concluded last year targeted relocations and more

22 ian 2013

London-headquartered brewer SABMiller Tuesday said its lager volumes in Romania rose 23% on the year in the third quarter ended December 31, 2012, helped by higher sales of Ciucas economy brand. more

21 ian 2013

Romania’s Transport Ministry will have a budget of 7.29 billion lei (EUR1.67 billion) in 2013, up 40% from RON5.18 billion in 2012, according to the draft state budget for 2013. more

21 ian 2013

Romania will increase the rate of contribution to mandatory private pension funds (Pillar II) from 3.5% to 4% of employees’ gross wages and the sum collected is estimated at 3.05 billion lei (EUR701 more