10.09.2024

Control F5 Software, a developer of personalized software solutions, ended 2023 with a turnover of over RON3.9 million, up 41% on the year, as per data published on the finance ministry website. more

06.06.2018

Two of the richest families in Germany - Schwarz and Schaeffler, are the biggest private sector employers in Romania, with more than 43,000 jobs created in the companies they own – Kaufland and Lidl more

02.02.2016

Romania has only 103,000 employees on management positions or 1.8% of the total number of employees, much lower than the European average of 5%, which shows how poor the market is in this department. more

06.22.2015

Tension is mounting on the Romanian financial market, too, as Greek banks control 12% of the local banking assets, now that the crisis in Athens has reached that point where capital controls, more

11.11.2013

British pharmaceutical giant Alliance Boots has acquired full control over Romanian pharmaceutical wholesaler Farmexpert, one of the largest companies on the local profile market, after purchasing more

01.23.2013

Romanian Minister-delegate for Energy Constantin Nita said Wednesday he will have the minister’s control body check all contracts concluded by state-owned energy companies in a move to cut costs. more

06.27.2012

Romanian natural gas producer Romgaz has wrongly spent more than 123 million lei (EUR27 million) on machinery and equipment, and another RON115 million on activities that did not improve its business, more

08.24.2011

Romania's Health Ministry can carry out controls in any public or private healthcare unit, as of Wednesday, according to an ordinance approved by the Government. more