06.10.2015

This year will be a drilling year, 2016 will be a year of analysis and a plan on how to proceed in the Black Sea will not be devised any sooner than 2017-2018, says Gabriel Selischi, the Romanian put more

04.06.2015

Romania’s TV set market reached 970,000 units last year, up almost 35% on 2013, with the increase mainly due to consumption growth, the Football Championship and discount campaigns organized on more

04.01.2015

Lukoil Overseas, the international exploration and production division of Russia’s oil group Lukoil, says it plans to spud two new wells in the Trident offshore block, one of the two it leases in more

03.26.2015

Private equity behemoth Carlyle Group will buy Sterling Resources’ Black Sea oil exploration business for a cash consideration of $42.5 million, the two companies said Thursday. more

03.04.2015

US PC manufacturer Dell plans to reach a 10% share of Romania’s consumer computer market this year, after in 2014 it missed its target on the US dollar appreciation and as it did not participate in more

02.18.2015

OMV Petrom (SNP.RO), Romania's largest oil and gas company, and US’ ExxonMobil have found a new gas deposit, following the drilling of the third exploration well in the Neptun block in the Black more

02.17.2015

Romania’s official spirits market in 2014 contracted by 20% by volume and 5% by value on the hiked alcohol excise that pushed prices higher and drove consumption to the unfiscalized market, reveal more

02.03.2015

Romanian natural gas producer Romgaz (SNG.RO) is in talks to take over a 32.5% stake in two offshore fields leased to Canada’s Sterling Resources, whose exploration in the area, carried out since more

01.06.2015

Lukoil Overseas, the international exploration and production unit of the Russian oil group Lukoil, will soon complete the drilling of its first exploration well in the Est Rapsodia offshore block. more

12.02.2014

Romania will focus on the construction of a EUR230 million gas pipeline to transport gas from the Black Sea to Podisor, Giurgiu county, southern Romania, said minister-delegate for Energy Razvan more

11.26.2014

The cigarette black market in Romania dropped 1.6 points in September, to 15.4%, from 17% in July, its lowest level this year but still higher than the annual average of the past two years, of 13%, more

11.26.2014

Online retailers’ Black Friday campaigns have revealed clients’ booming use of mobile equipment, with a significant weight of visits and orders being registered from smartphones and tablets, more

11.24.2014

Flanco Retail registered total sales of 98 million lei (EUR22 million) during this year’s Black Friday sales campaign, up 40% compared to last year’s campaign, but below its initial target of more

11.21.2014

The Black Friday sales campaign introduced in Romania by online retailer eMag three years ago and conducted on Friday will generate record sales of more than EUR100 million this year for the largest more

11.19.2014

Around 4.75 million Romanians aged 18 to 65 are keen to buy products at this year’s Black Friday sales campaign, 1.3 million more than at last year's campaign, according to a study by Millward more

11.19.2014

Oil companies from U.S. to Russia have rushed to the Black Sea lured by the prospective deepwater hydrocarbon deposits and the promising results of the surveys and drills did not go unnoticed by more

11.18.2014

Romanian electronics retailer Flanco expects sales of 110 million lei (EUR24.8 million) during the Black Week sales campaign to take place between November 21 and 23, up 53% from sales of RON72 more

11.17.2014

Courier services company Urgent Cargus has invested EUR1.63 million to optimize its activity in view of Black Friday sales, when the number of deliveries is expected to rise 125% compared to November more

11.13.2014

Online store f64.ro expects sales of nearly RON12 million at this year’s Black Friday sales campaign to take place between November 21 and 23, up 30% from sales of RON9 million at its first Black more

11.12.2014

Romanian online retailer eMAG.ro expects sales of RON150 million at this year’s Black Friday sales campaign to take place between November 21 and 23, Iulian Stanciu, general manager of Dante more

11.12.2014

Online store evomag.ro expects sales of around EUR2 million and some 20,000 finished orders at this year’s Black Friday sales campaign to take place between November 21 and 23, the retailer’s more

10.07.2014

Sales of TV sets will reach about 900,000 units in Romania this year, 20% more than in 2013 and the market might see even one million units delivered in case of record sales over the Black Friday, a more

09.18.2014

Lukoil has asked the Romanian Mineral Resources Agency (ANRM) for a six-month extension, until May 2015, on the exploration of a Black Sea block, citing delays due to the late arrival of a drilling more

09.08.2014

U.S. oilfield services provider Halliburton focuses on two fields with great growth potential in Romania, namely increasing oilfield production and developing deepwater projects in the Black Sea, Joe more

07.16.2014

Romania’s largest oil and gas company OMV Petrom (SNP.RO) Wednesday said the Marina 1 exploration well identified a new oil reservoir on the continental shelf of the Black Sea. more