09.04.2018

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05.07.2018

Investments in the Black Sea hydrocarbon sector will generate revenue of over $26 billion to the state budget and an additional $40 billion to Romania’s gross domestic product (GDP) until 2040, more

02.21.2018

The Romanian government could collect EUR2.8 billion royalties over twenty years from the natural gas drilled in the Black Sea and natural gas production is expected to double by 2025, when the more

11.29.2017

The European Bank for Reconstruction and Development has become a minority shareholder in Romanian oil firm Black Sea Oil & Gas SRL (BSOG), owned by Carlyle Group, and will receive a seat on the more

11.24.2017

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11.23.2017

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11.20.2017

eMAG and Altex, the two largest computer and electronics retailers in Romania estimate Black Friday sales to reach about 600 million lei (EUR129 million) together, far ahead of other online and more

11.17.2017

The first 11 hours of Romania’s 2017 Black Friday sales campaign translates into online purchases of RON59 million and the average online shopping basket of a transaction reaches RON766, according more

11.16.2017

Online retailers expect record sales for this year’s Black Friday, even 50% higher than in 2016, as a result of the rising consumer spending, not only for high-tech gadgets and TV sets, but also more

08.24.2017

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04.11.2017

Black Sea Oil & Gas and its co-venture partners announced Tuesday the awarding of a contract for the drilling of two offshore exploration wells located in the XV Midia Shallow Block, Romanian Black more

12.02.2016

Retail chain Altex & Media Galaxy had cumulative sales of EUR103 million during the 2016 edition of the Black Friday sales campaign, up 35% compared with last year’s edition. more

11.24.2016

The top five online computer and electronics retailers that organized Black Friday sales campaigns, - eMag.ro, cel.ro, evoMag.ro, pcgarage.ro and f64.ro, saw sales of 361.4 million lei (EUR80 more

11.21.2016

Romanians bought in instalments, using credit cards, IT&C products, furniture, books, toys, food items and cosmetics worth RON113.3 million. Romania ranks fourth among 87 countries in which PayU more

11.18.2016

Customers from 42 countries bought online from retailers in Romania, products worth EUR36.5 million, in the first 12 hours of this year’s Black Friday sales campaign, according to data provided by more

11.17.2016

Xodus Group will provide base engineering activities for offshore and onshore exploitation installations for the start of production for the Ana and Doina gas discoveries in the Midia block in the more

11.16.2016

Furniture retailer and manufacturer Mobexpert, one of the largest Romanian entrepreneurial businesses, expects Black Friday to generate 30% to 40% higher sales than last year. The sales at this time more

10.24.2016

The cigarette black market in Romania increased to 18.3% in September, from 14.9% in July 2016, which was the highest growth registered by cigarette smuggling in the last two years and above the more

10.19.2016

Online retailer eMAG will organize the sixth edition of Black Friday on November 18; the offers will come from over 2,000 stores listed on eMAG Marketplace, more than double compared with last year. more

08.23.2016

The Black Sea will most likely become Romania’s busiest site by the end of the decade, as a result the gas reserves found, and Gabriel Comanescu, one of the most important local entrepreneurs, has more

07.20.2016

ExxonMobil, which signed a deal to explore the deep water sector of the Neptun Block in the Black Sea with OMV Petrom, the only oil and gas producer in Romania in 2008, ended last year with about 321 more

05.31.2016

Last year, the total value of transactions in instalments carried out by online card payments processor Netopia accounted for 10% of the total amounts paid by card, most of them registered on Black more

03.09.2016

The cigarette black market in Romania increased to 17.8% in January, from 17.5% in November 2015, according to research company Novel Research. more

01.14.2016

The cigarette black market in Romania increased to 17.5% in November, from 14.8% in September, while almost half of the cigarettes sold in northeastern Romania are smuggled, according to research more

11.17.2015

Online retailer eMAG.ro expects to sell 650,000 products worth RON205 million, of a total one million available items, at this year’s Black Friday sales campaign on November 20, company general more