18 nov 2013

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18 nov 2013

“This will be a newspaper that will strongly promote free enterprise, free trade and market economy. And we will do it with the vigor of a lion’s roar,” read the editorial of the first issue of more

18 nov 2013

Romania’s Finance Ministry anticipates that banks and companies, as well as individuals, will earn higher income in the years to come and will contribute more to the budget than the amounts expected more

18 nov 2013

The exports of Sanofi Romania’s Zentiva plant in Bucharest have reached 14% of its production, from 8% last year, says Christophe Gourlet, the general manager of the company. more

18 nov 2013

U.S. giant MetLife, which controls the third-largest insurance company in Romania, has completed the integration of British group Aviva's operations in Romania into its business and is now looking for more

18 nov 2013

The 860-megawatt gas-fired power plant operated in Brazi by oil and natural gas company OMV Petrom (SNP.RO) sold 54% of its first-year production on the regulated market where households and small more

17 nov 2013

Slovenian pharmaceutical group Krka registered sales of EUR32.8 million in Romania in the first nine months of 2013, up 9% from EUR30 million in the similar interval a year ago, the company said in a more

17 nov 2013

Bucharest and Arges, Timis, Arad and Brasov counties secured about half (47.3%) of Romania’s exports in the first half of the year, worth EUR23.71 billion, while Giurgiu and Gorj contributed only more

16 nov 2013

Romanian dairy product maker Prodlacta Brasov (PRAE.RO) Friday said its loss increased almost eleven times in the first nine months of 2013 to 6.9 million lei (EUR1.5 million) from RON0.633 million in more

16 nov 2013

The Bucharest North railway station might be modernized and turned into a transit point in a project worth over 1.5 billion lei (EUR0.33 billion), which should be carried out in partnership with a more

15 nov 2013

Shopping center operator Cocor Bucuresti (COCR.RO) switched to net profit of 4 million lei (EUR0.921 million) in the first nine months of 2013, after loss of RON10.5 million in the similar interval a more

15 nov 2013

The Bucharest stock exchange closed up Friday and OMV Petrom (SNP.RO) was back in green after the European Bank for Reconstruction and Development (EBRD) said Thursday it sold its remaining stake of more

15 nov 2013

Romanian chemical company Chimcomplex Borzesti (CHOB.RO) Friday said its net profit fell 27% to 6.1 million lei (EUR million) in the first nine months of 2013, from RON8.4 million in the similar more

15 nov 2013

Andrei Iancu Timofte Thursday bought about 49.62% of Romanian constructor Transilvania Constructii (COTR.RO) from regional investment fund SIF Crisana-Banat (SIF1.RO), for 29.1 million lei (EUR6.5 more

15 nov 2013

Dante Stein Thursday was appointed president of Romanian state-run airline Tarom’s Managing Board, the company said Friday. more

15 nov 2013

Food and beverage company Nestle Romania, part of Swiss group Nestle, expects turnover of 718 million lei (EUR161.3 million) in 2013, steady on the year, Herve de Froment, the general manager of the more

15 nov 2013

BCR and BRD, Romania’s top two lenders, continued the deleveraging process in the third quarter of the year. The fact that market leaders are narrowing their exposure to the corporate sector keeps more

15 nov 2013

Cement price dropped 3.2% in 2008-2013 and producers are now selling it for 430 lei (EUR96) per ton on average, according to a ZF analysis based on market and National Statistics Institute data. more

14 nov 2013

Romanian car parts maker Altur Slatina (ALT.RO) Thursday said it switched to loss of 2.52 million lei (EUR0.5 million) in the first nine months of 2013, from profit of RON1.89 million in the similar more

14 nov 2013

The prices of gasoline and diesel oil in Romania will increase by 0.3 lei (EUR0.06) to RON0.4 per liter in 2014, following an increase in fuel excises, Finance Minister Daniel Chitoiu said Thursday. more

14 nov 2013

Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) Thursday said its loss fell 62% to about 1 million lei (EUR0.230 million) in January-September 2013, from RON2.72 million in the similar more

14 nov 2013

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) Thursday reported loss of 12 million lei (EUR million) for the first nine months of 2013, from RON11.4 million in the similar interval a year more

14 nov 2013

Romanian paper and cardboard maker Vrancart Adjud (VNC.RO) Thursday said its net profit rose 54.8% to 5.11 million lei (EUR1.1 million) in the first nine months of 2013, from RON3.3 million in the more

14 nov 2013

Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) reduced loss 2.6 times to 11.7 million lei (EUR2.6 million) in the first nine months of 2013, from RON31 million in the more

14 nov 2013

South-African real estate investment fund New Europe Property Investments (NEP.RO) said Thursday its profit attributable to shareholders rose 80% to EUR35.9 million in the first nine months of 2013, more