9 nov 2011

Romanians should be aware that they are responsible for some of the country’s foreign debt of EUR90 billion, central bank governor Mugur Isarescu said Wednesday. more

31 oct 2011

The European Union will introduce a pollution tax on apartment heating systems "in 2013 or 2015," said Romanian Environment Minister Laszlo Borbely. more

28 oct 2011

The financial system invests in the future, takes on risks, so it is impossible for it not to be in offside position from time to time. Financial crises cannot be avoided, they can only be minimized, more

25 oct 2011

TotalSoft, one of the leading local software developers, controlled by Greek investment fund Global Finance, plans to double business and expand in full gear, partly by international acquisitions by more

21 oct 2011

The European Commission has launched an inquiry into several energy contracts signed by Romanian state-run hydropower producer Hidroelectrica and ArcelorMittal Galati and Alro Slatina (ALR.RO) to more

20 oct 2011

Lenders in Romania should focus more on bancassurance, that may generate additional revenues and eliminate deposit-loan fluctuations, Theodor Alexandrescu, general manager of Alico Asigurari de Viata, more

19 oct 2011

Romania isn’t the only European country which saw its growth forecast reduced for 2012, as many economies will be affected by the worsening situation in the euro area, said Claudia Pendred, country more

14 oct 2011

Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will sell a 3.77% stake in lender Banca Comerciala Romana (BCR) this year, for 70.1 million lei (EUR16.2 million) and Erste more

13 oct 2011

A potential default of Greece would clearly be bad, but this risk has been talked about so much that if it were to happen, it would not shock the world, as it would have a year ago, says James more

11 oct 2011

Volksbank Romania wants to increase its share capital by a EUR100 million to EUR200 million, in a bid to counter the effects of the economic crisis, the lender's chief executive Johann Lurf said more

4 oct 2011

Wind farms may have a cap placed on their installed capacity if they start distorting the energy system, Tuesday said Marius Cernat, deputy general manager of the national power grid operator, more

4 oct 2011

Lowering the taxes or the social security contributions seems like a simple enough solution to unburden the business environment, but the measure would be short-lived and would only limit the more

4 oct 2011

Marex Braila, with food industry and farming operations, is set to see turnover rise by 5% this year, to EUR153 million, according to Marin Moraru, the general manager and a stakeholder in the group. more

23 sep 2011

Romania is in the odd situation where transactions are concluded in lei, but many prices are set directly in euros, so that the economy is basically relying on the euro, so why should leu-denominated more

21 sep 2011

Car importer Porsche Romania has appointed Rainer Trischak as one of its two general managers, replacing Gunther Seifert, whose mandate expires on October 1, after five years on the job. more

21 sep 2011

The energy export contract signed by Romania’s largest energy production companies and the local branch of Serbian energy group Rudnap, will be extended through the end of the year, even though it more

14 sep 2011

Mihai Miron, one of the best-known entrepreneurs in the drug industry, plans to grow his Ropharma pharmacy chain to 115 by the end of this year, from 99 at the end of 2010. more

8 sep 2011

Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) appointed Constantin Dascalu as new chairman of the board, the company said in a statement Thursday. more

7 sep 2011

The listing of Transelectrica (TEL.RO), in September 2006, was the first major stock offering the Romanian government carried out on the Bucharest stock exchange. In the five years since then, the more

6 sep 2011

Holzindustrie Schweighofer, controlled by the powerful Austrian businessman Gerald Schweighofer, in 2010 became the largest company in the wood industry, surpassing Romsilva, which manages state-owned more

30 aug 2011

Algocalmin is the best-selling drug in Romania in terms of volume, while Seretide (used to treat respiratory illness) became the best-selling drug in Romania by value in the first half of this year. more

17 aug 2011

After starting the year on the rise, the Romanian durable consumer goods market continued to grow into the second quarter, by 12.4% against the similar period of 2010, to EUR306 million. The IT sector more

8 aug 2011

Romanian economy is likely to grow by more than 1.5% in 2011, fueled by good farm output, central bank governor Mugur Isarescu said Monday. more

4 aug 2011

Romanian consumers are likely to pay by up to 3% or 4% more for electricity once the updated scheme to support renewable energy producers comes into force, CEZ Romania said Thursday. more

28 iul 2011

Horia Manda, managing director of Axxess Capital, which manages the Romanian-American Enterprise Fund (RAEF), Balkan Accession Fund (BAF) and Emerging Europe Accession Fund, believes this is a good more