27 aug 2013

Romania’s leu weakened against the euro Tuesday morning, tracking the currencies in the region, and traded at above 4.44 units. more

27 aug 2013

Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) transferred its majority stakes in nine companies listed on the Rasdaq market in Bucharest to SIF Imobiliare Limited, a newly created firm more

27 aug 2013

Firm Integral Invest has recently started the construction of a nine-story office tower in northern Bucharest. more

27 aug 2013

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27 aug 2013

Deindustrialization and the loss of jobs in the last twenty years have caused an anomaly for an economy and society, which has more retirees than employees and can only run on a deficit. more

26 aug 2013

Romania’s President Traian Basescu on Monday has signed the decree appointing MEP Ramona Manescu as Transport minister, according to the Presidency. more

26 aug 2013

Israeli real estate developer AFI Europe is in negotiations with several banks to refinance a loan worth EUR234 million taken out in 2007 from Hypo Real Estate Bank to develop shopping center AFI more

26 aug 2013

Romania will start exporting only reduced amounts of natural gas to Hungary through the gas pipeline linking Arad to Szeged in December 2013, and investments worth EUR120 million are required for a more

26 aug 2013

The Bucharest stock exchange opened slightly down Monday, similar to the main European markets, on reduced volumes. more

26 aug 2013

Romania’s leu gained ground against the euro Monday morning and traded at below 4.43 units on extremely low volumes. more

26 aug 2013

Romanian Prime Minister Victor Ponta has nominated MEP Ramona Manescu as Transport minister, people close to the matter said Monday. more

26 aug 2013

Swedish car part producer Trelleborg Automotive wants to expand its plant in Dej, northwestern Romania, in an investment worth EUR16 million. more

26 aug 2013

Romanian do-it-yourself retailer Dedeman, owned by Dragos and Adrian Paval, will open a store in the southern city of Pitesti Friday, following an investment worth EUR14 million, and will expand its more

26 aug 2013

Romanian oil and natural gas company OMV Petrom (SNP.RO) signed energy deals worth 39.4 million lei (about EUR9 million) on energy exchange OPCOM at the end of last week. The electricity is produced more

26 aug 2013

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26 aug 2013

The local subsidiary of Chinese PC maker Lenovo took the top spot in the ranking of PC vendors in Romania in the second quarter of the year for the first time since the opening of its local office in more

26 aug 2013

Telecom operator RCS&RDS held by businessman Zoltan Teszari, continues to buy solar power companies and its latest acquisition Novitas Electro is developing a 4 MW solar park in Bihor County (NW more

26 aug 2013

Romanian wineries will be making about 50% more wine this year than in 2012, or 5.5 million hectoliters (550 million liters), because of the good weather, ZF has estimated based on the information more

26 aug 2013

Shopping complex Doldora Bazaar in southwestern Bucharest, developed by former footballer Gica Popescu and two business partners, went insolvent and has recently closed after reality proved initial more

26 aug 2013

Construction company Octagon, of Greek businessmen Alexandros Ignatiadis and Paschialis Paganias, has won a contract worth about EUR10.5 million to build the first building in the Hermes Business more

25 aug 2013

Norway’s Vard Holdings Limited will build a EUR100 million ship for Norwegian group Farstad Shipping and the hull will be constructed at a shipyard in Tulcea, southeastern Romania. more

25 aug 2013

The Romanian Liberal Party nominated MP Nini Sapunaru and MEP Ramona Manescu for the Transport portfolio and the propositions will be presented to Prime Minister Victor Ponta. more

25 aug 2013

Wage raises in the Romanian private sector slowed down this year to 4.6%, from 5.1% in 2012, but were above the inflation rate, according to this year's edition of the salary and benefits survey more

25 aug 2013

Cigarette smuggling in Romania decreased to 11.8% of the market in July, from 12.6% in May, according to data by Novel Research. more

23 aug 2013

Romanian new passenger car sales fell 13.2% on the year to 36,069 units in January-July, the Automotive Manufacturers and Importers Association, or APIA, said Friday. more