2 aug 2013

Romania’s high defense body CSAT has issued no new decision regarding the privatization of state-owned freight railway carrier CFR Marfa, the Presidency said Friday in a press release. more

2 aug 2013

Retailer Mega Image, part of Belgian group Delhaize, said it plans to open nine new stores in Romania in August and the first one was inaugurated Friday in Brasov (C). more

2 aug 2013

South-African investment fund NEPI, the most active investor in Romanian real estate in the past four years, on Wednesday bought a 70% stake in the project of the Mega Mall shopping center in more

2 aug 2013

Demand for computers has been almost non-existent in the Romanian public sector in the second quarter of the year and on the corporate segment, as no-one replaces their PC unless they absolutely have more

1 aug 2013

Romania’s President Traian Basescu has convened a special meeting of the country’s high defense body CSAT and the issue on the table is the privatization of state-owned freight railway carrier CFR more

1 aug 2013

A consortium of firms Condmag Brasov (COMI.RO), Trustul de Instalatii si Constructii and Gazproiect has signed a contract worth 21.8 million de lei (about EUR5 million) a with state-owned natural gas more

1 aug 2013

The Bucharest stock exchange closed up Thursday on rising volumes and focus on blue-chip stocks. more

1 aug 2013

Business parks Eurobusiness I and II, administered by company Eurobusiness Parc, controlled by the Oradea City Hall, have attracted investments of about EUR205 million and will create 6,000 new jobs. more

1 aug 2013

Romanian carmaker Dacia’s new car registrations in France rose 6.1% in July to 9,682 units and the overall French car market saw only a slight increase, of 0.9%, to 150,248 units, according to the more

1 aug 2013

The shareholders of Halewood Romania decided to unite under the same umbrella the group’s local wine and imported wine sale divisions, and the name of the new company will be Halewood Wines. more

1 aug 2013

Play zone operator Play Again&The Jack invested EUR1.2 million in a family entertainment center located in Shopping City Ploiesti, which was developed by South-African investment fund New Europe more

1 aug 2013

Office projects to be completed in Bucharest in 2014 will include only 48,700 square meters, a record low since 2000, according to estimations by real estate consulting firm CBRE. more

1 aug 2013

Romania’s EU fund absorption rate leapt spectacularly in July, when the country attracted over EUR700 million. The amount is almost similar to refunds attracted by Romania in the first six months of more

1 aug 2013

The ten largest contracts awarded by Romgaz in the first half of 2013 stood at over 556 million lei (EUR126 million), almost three times higher than the value of the top ten contracts granted in the more

31 iul 2013

Raiffeisen Capital&Investment was ranked first in July among Bucharest bourse brokers, after it brokered a bond deal through which Raiffeisen Bank Romania raised 225 million lei (EUR51 million). more

31 iul 2013

Pharmaceutical distributor Farmaceutica Remedia (RMAH.RO) registered turnover of 121.34 million lei (EUR27.6 million) in the first half of 2013, up about 12% on the year, and net profit of RON1.02 more

31 iul 2013

Slovenian pharmaceutical group Krka registered sales of EUR21.2 million in Romania in the first half of 2013, down 8.6% from EUR23.2 million in the similar interval a year ago. more

31 iul 2013

The Bucharest stock exchange closed undecided Wednesday, while investors’ attention was caught mainly by four players, which secured more than 90% of the bourse’s liquidity. more

31 iul 2013

Romanian steel roof tile maker BILKA Steel, owned by businessman Horatiu Tepes, plans to expand business outside Romania and take over a local competitor, which would require investments of over EUR5 more

31 iul 2013

Camelia Cucu, managing director of dialysis center Diaverum Romania, said the company is still interested in acquisitions on the local market and might sign new deals by the end of the year. more

31 iul 2013

Greek group Sarantis, owner of cosmetics producer Elmiplant, said Wednesday it registered sales of EUR16.4 million in Romania in the first half of 2013, up 3.8% on the year. more

31 iul 2013

More than EUR1 billion were invested in wind and solar farms in the first half of the year, and EUR288 million were paid as subsidies to producers. Renewable energy accounted for 12% of total more

30 iul 2013

Romania will increase funding for the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will be available for the acquisition of homes more

30 iul 2013

Romania’s government approved Tuesday lowering the value added tax on bread from 24% to 9% starting September 1. more

30 iul 2013

Romania’s government on Tuesday approved this year’s first budget revision, which states a budget deficit of 2.3% of the gross domestic product in 2013. more