17 ian 2013

Romania’s Environment Minister Rovana Plumb proposed in the Government’s Wednesday meeting that the new environmental tax should be applied only to vehicles seating up to eight passengers and more

16 ian 2013

The assets of Romanian mandatory (Pillar II) and voluntary (Pillar III) private pensions will reach 13.8 billion (around EUR3.1 billion) at the end of 2013, up 35% from December 2012, according to more

16 ian 2013

Car leasing company LeasePlan Romania reported a 30% year-on-year increase in 2012 turnover to EUR39.6 million, after many companies chose to outsource the administration of their car fleets via more

15 ian 2013

The average sale price of new and old apartments in Romania went down by 1.3% in 2012, from EUR991 per square meter at the beginning of the year, to EUR978 per square meter at the end of December, more

4 ian 2013

Insurer Euroins Romania will increase its share capital by 15 million lei (EUR3.3 million) to RON118.5 million, through cash inflow, following shareholders’ decision of November 22, 2012. more

4 ian 2013

Romania’s national statistics institute INS considerably revised data on 2011 gross domestic product, affecting estimations for the GDP in 2012 and 2013 and other major indicators linked to it, more

4 ian 2013

EDP Renovaveis (EDPR), the renewable energy division of Energias de Portugal, set off EUR50 million investments in solar photovoltaic systems in September 2012. more

3 ian 2013

Gabriel Dumitrascu, former director within Romania’s Privatization Authority AVAS, has taken over as head of the privatization office with Romania’s Economy Ministry. more

3 ian 2013

The year 2012 was rather busy for the Romanian retail sector, with bankruptcies, exits from the local market and changes in rankings. Also, towards the end of the year, French retailer Auchan took more

31 dec 2012

Romania has managed in 2012 to finalize 125 kilometers of highways, upgrade 286 kilometers of national roads and finish 18 kilometers of beltways, according to data provided by the country’s roads more

28 dec 2012

2012 was one of the most exciting years for the investors in the agribusiness sector, with the drought messing up all estimations from the start of the year, which were nevertheless counterbalanced by more

28 dec 2012

The quarterly average demand for office space by medium-sized companies in Romania rose over 50% in 2012, a trend likely to be kept in 2013 if there is political and economic stability, according to more

28 dec 2012

Romanian tour operator Perfect Tour on Friday said this year's turnover will reach nearly EUR30 million, up 20% to 25% from 2011. more

25 dec 2012

Over 50 transactions were sealed in 2012 worth over EUR1.3 billion, according to a ZF analysis based on data announced by companies and on ZF estimates. more

24 dec 2012

Mic.ro, Hidroelectrica, Tnuva, a few real estate developers and 15,000 other businesses were unable to pay their debts this year and were forced to file for insolvency and part of them went bankrupt. more

20 dec 2012

Romania’s electricity prices will increase by 10% starting January 1, 2013 due to higher costs for power producers and increased state aid granted to renewable energy producers. more

18 dec 2012

Romania’s capital city Bucharest will stay, in the next two years, among Europe’s five cheapest cities by office occupancy costs per workstation, alongside Budapest, Tallinn, Vilnius and Riga, more

17 dec 2012

Romanian rubber bands maker Artego Targu Jiu (ARTE. RO) on Monday said it estimates to pay its shareholders gross dividends of about 5 million lei (EUR1.1 million) from this year’s profit, more than more

16 dec 2012

Romania's industry privatization authority OPSPI has signed a frame contract worth 22.1 million lei (about EUR5 million), VAT included, with several firms for assistance in the selection of managers more

16 dec 2012

The Bucharest Court of Appeals on Sunday placed Adrian Martis, executive manager of a BRD unit in Bucharest, and Andrei Nanu, commercial manager at another BRD unit in the capital, under preventive more

13 dec 2012

The assets of Romania’s mandatory (Pillar II) pension funds will reach EUR2.6 to EUR2.7 billion at the end of 2013, up around 25% from December 2012, backed by an increase in employees' contribution more

13 dec 2012

Romanians pay an average of EUR30,000 for medical treatment abroad, according to a survey conducted by private health insurance company MediHelp International and its partners, based on average more

13 dec 2012

Romania’s leading oil company OMV Petrom (SNP.RO) has sold electricity worth 93.5 million lei (EUR20.74 million) on the local energy exchange OPCOM, slightly below the planned amount, exchange data more

13 dec 2012

Romania's current account deficit narrowed to EUR4.34 billion in the first ten months of 2012, from EUR4.9 billion in the year-earlier period, mainly due to a lower income deficit and higher current more

12 dec 2012

The number of active broadband Internet connections reached 12.9 million on June 30, up 19.4% from the end of 2011, according to telecom regulator ANCOM. more