01.06.2015

Raiffeisen Bank in 2014 became the most dynamic brokerage on the Bucharest Stock Exchange, toppling the leader of the previous three years, Swiss Capital. Stock transfers handled by Raiffeisen reached more

12.30.2014

The Romanian communications industry, worth over EUR3 billion a year, did not lack events in 2014, even though none of the big deals expected on the market has materialized. more

12.19.2014

2014 meant fewer investments in transport infrastructure and also fewer inaugurations. Compared with 2013, when over 100 km of highways and a new bridge over the Danube, in Calafat-Vidin, emerged on more

12.18.2014

Farmers were close to having a perfect production year in agriculture, but the excess rainfall partially upset their plans. Warehouses and silos got filled up in summer and autumn, though, as corn, more

12.17.2014

Romanian food retail, a market of almost 1,500 stores and annual sales of RON35-40 billion (EUR8-9 billion), has in the past year undergone a series of changes that reconfigured players’ positions. more

11.04.2014

Romania fell five spots and ranks 60 in the 2014 Prosperity Index, outranked by neighbors Bulgaria and Hungary as well as by Mongolia, Kazakhstan, Uzbekistan or Belize, according to British institute more

06.18.2014

The Romanian Government on Wednesday approved the 2014 budget of Bucharest subway operator Metrorex, which envisages loss of over 66.5 million lei (EUR15.1 million) this year. more

06.03.2014

Shareholders of Romanian regional investment fund SIF Oltenia (SIF5.RO) proposed the payment of a gross dividend of RON0.16 per share, totaling RON92.8 million from last year’s profit, or keeping more

06.02.2014

Romanian IT&C distributor Skin Media estimates its sales revenue will remain flat this year at EUR43 million, due to lower notebook computers and photo equipment sales, said Camil Perian, the more

05.29.2014

The average apartment prices in Romania’s six main cities, Bucharest, Timisoara, Brasov, Cluj-Napoca, Constanta and Iasi, fell between 32% and 57% since 2008, with the biggest price drop registered more

05.19.2014

The local production of French Renault’s unit Dacia might slightly drop this year from the record 342,000 units produced in 2013, to 310,000-320,000 units, after Renault facility in Morocco took more

03.31.2014

In April, shareholders are expected to approve the payment of dividends totally worth 3.84 billion lei (over EUR850 million) from profits reported by Bucharest-listed companies for 2013. Five energy more

01.21.2014

Fast-food restaurant chain KFC wants to expand its local network of drive-thru restaurants in Romania in 2014 and plans to open at least two such units in capital city Bucharest, KFC head Mark Hilton more

01.01.2014

2013 has been the best of the past six years for the Romanian stock exchange and most brokers are optimistic about 2014, if economic growth continues and political stability is maintained, and they more

12.05.2013

The members of the Automotive Manufacturers and Importers Association (APIA) said 2014 will be the last year when Romania will carry out the government-backed cash-for-clunkers program. more

11.14.2013

Kastamonu Romania (the former Prolemn) in Reghin (central Romania), controlled by Kastamonu Entegre, one of the leading wood processing companies in Turkey, estimates a 16% increase in turnover to more

10.24.2013

Businesspeople in Romania have started to draft next year’s budgets for their companies, but they cannot use the country’s 2014 draft budget as reference point because the latter will be finalized more