11 dec 2012

Romanian construction company Romstrade has entered into insolvency proceedings after the Giurgiu Court approved the request filed by Iasi-based firm Agroindustrial Construct and appointed Casa de more

10 dec 2012

Romania’s trade deficit widened to EUR8.26 billion in the first ten months of 2012, from EUR7.68 billion in the year-earlier period, the country’s statistics institute INS said Monday. more

7 dec 2012

Romanian construction works fell 0.7% in October from a month earlier, due to declining activity in most sectors, the statistics institute INS said Friday. more

6 dec 2012

Romania's mandatory private pension funds (Pillar II) registered an average yield of 11.3% between May 2008 and November 2012, while voluntary private pension funds (Pillar III) registered an average more

6 dec 2012

Housing prices in Romania’s largest cities have declined by 52% since March 2008, when the real estate market reached its peak, according to an analysis by real estate website imobiliare.ro. more

6 dec 2012

The end of the year has been eventful on the mergers and acquisitions (M&A) market, with ten deals worth over EUR300 million being sealed in November, shows a ZF analysis based on data announced by more

5 dec 2012

Romania’s long-delayed nuclear power project in Cernavoda will most likely be completed with financial assistance from Chinese investors, deputy economy minister Rodin Traicu said Wednesday. more

5 dec 2012

Romania is ranked 66th in the 2012 Transparency International corruption perception index, on a par with Saudi Arabia and Kuwait, up nine spots since last year. more

4 dec 2012

Romania’s National Radiocommunications Company (SNR- Radiocom) has invested over EUR100 million to set up its own national networks, but it still needs EUR20-EUR22 million for upgrades allowing the more

4 dec 2012

Telecom operators Cosmote Romania, Orange Romania, Vodafone Romania and RCS&RDS paid the first tranche of EUR204.14 million for mobile telephony licenses in frequency bands 800, 900, 1,800 and 2,600 more

3 dec 2012

Enigma Systems Mobile Virtual Network Operator S.R.L., a company established two years ago, expects to be able to launch its own mobile voice and data services next year, founder and owner Mihai more

3 dec 2012

A powerful thunderstorm last night forced the shutdown of one of the two reactors at the Cernavoda nuclear power plant, southeastern Romania, the plant’s operator said Monday. more

3 dec 2012

Tourist arrivals in Romania rose 9.6% in October from the year-earlier month, while overnight accommodations were up 5.4% on the year, the statistics institute said Monday. more

3 dec 2012

Romanian net investments rose 16% to 20.28 billion lei (EUR4.5 billion) in the third quarter from the year-earlier period, on increasing activity across the board, the country’s statistics institute more

3 dec 2012

The leu last week recovered some of the ground it lost against the euro in recent months. Its newfound strength came at the cost of an increase in interbank rates at the highest level this year, more

29 nov 2012

Romania’s Finance Ministry will tap international debt markets again early next year and has already hired HSBC, Citigroup, Barclays and BNP Paribas to help with the sale. more

29 nov 2012

Romania's unemployment rate fell to 6.9% from 7.1% in the previous month, seasonally adjusted data from the statistics institute INS showed Thursday. more

27 nov 2012

Romania might extend the liberalization of natural gas prices until 2019, depending on the evolution of gas prices and household income, the country’s energy regulator head Nicolae Havrilet said more

27 nov 2012

Prime Minister Victor Ponta said Tuesday that Romania keeps the euro adoption as its main objective, but, he added, it will join the eurozone when it is fully ready, to steer clear of the difficulties more

26 nov 2012

Executive search companies Spengler Fox, Amrop, Boyden and consulting and audit firm PwC on Monday submitted offers to recruit private managers for Romania’s state-run companies, people close to the more

22 nov 2012

Romanian pipe distributor Comtech Co forecasts 20% higher sales in 2013, at EUR32.5 million, following EUR5 million investments in new unit of polyethylene insulation of oil and gas transport pipes, more

22 nov 2012

Ziarul Financiar on Thursday launches the seventh edition of the “Top 100 most valuable companies in Romania” yearbook put together in collaboration with investment boutique Capital Partners. more

20 nov 2012

Prime Minister Victor Ponta on Tuesday said Romania has so far drawn EUR4 billion of a total EUR19 billion it was allotted for the 2007-2013 period, which translates into an absorption rate of 20%. more

19 nov 2012

Solar energy was seen as the new boom in renewable energy after the wind power sensation. But after the first ten months of 2012, things don’t look very encouraging and some market specialists even more

19 nov 2012

At its 14th anniversary, Ziarul Financiar notes that Romania has gradually become stronger and more colorful than it was in the '90s, but it should be careful about its piling debts. more