07.30.2014

Romania has one of the most competitive retail markets in Europe, and the top three companies operating on it by revenue, Kaufland, Carrefour and Auchan account for 25% together, while the European more

07.09.2014

Carlo Barban, the Italian appointed to run the Winmarkt retail centers in 13 cities in Romania this spring, says the group is not considering expansion in this country but consolidation and has EUR5 more

06.27.2014

French Philippe Lejeune, the executive who has been running the 12 Cora hypermarkets in Romania, said the retailer has no intention to sell its operations in Romania, but to consolidate its local more

12.12.2013

Romanian natural gas distributor Gaz Sud plans to expand both in Romania and abroad by acquiring companies which operate on the profile market, the company’s general manager Alexandru Bucsa said more

06.13.2013

The banking system in Romania will undoubtedly consolidate further because it becomes highly costly to keep a universal bank running and the local market is not able to support more than four more

05.24.2013

Romania’s Government will halve state budget funds for local authorities to consolidate homes considered to have high seismic risk, despite warnings that many buildings might collapse in case of more

09.12.2011

Romanian lender BRD-Groupe Societe Generale (BRD.RO) has not laid off any staff and it is not planning staff cuts, Monday said Sorin Popa, executive officer within the bank, answering media reports on more

08.25.2011

Romania's Government has eliminated the requirement of securing a mortgage on a building consolidated to withstand earthquakes, which the state used to ensure that owners will refund the cost of the more