02.27.2012

The largest 15 companies controlled by the Economy Ministry posted 23 billion lei (EUR5.3 billion) in revenue last year, up 15% on 2010. The highest increases were those of the energy complexes in more

02.24.2012

After four years and a half spent in Bucharest as the leading diplomatic representative of France, Ambassador Henri Paul, currently at the end of his term, will return to Paris to the French Court of more

02.22.2012

OMV Petrom (SNP.RO) is a pillar of stability and a trustworthy partner for Romania's economy, especially when it comes to the taxes paid, energy supply to consumers and investment, chief executive more

02.16.2012

The good news of Romania’s 2.5% gross domestic product growth last year is clouded by the prospects of a new recession, as a GDP decline is expected for the first quarter of 2012. more

02.15.2012

Most analysts estimate the economy slowed down in the fourth quarter of last year as a result of the significant deterioration of the industry growth rate amid a slowdown of western economies, but more

02.13.2012

The term of Romania’s new Prime Minister Mihai Razvan Ungureanu starts under tough circumstances: bad weather and recession in the euro zone. more

02.03.2012

Romanian natural gas consumption is expected to drop by around 2.5 million cubic meters a day over the weekend, due to lower activity in the industry, the Economy Ministry said in a statement Friday. more

02.02.2012

Romanian natural gas consumption rose to yet another record of 72.7 million cubic meters a day Wednesday, from 71.5 million cubic meters in the previous day, while the freezing weather that has more

02.01.2012

Romanian natural gas consumption rose to a record 71.5 million cubic meters a day Tuesday, while companies are producing at full capacity to cover the increasing demand due to extremely cold weather, more

01.24.2012

The European Bank for Reconstruction and Development Tuesday revised downward its forecast for Romanian economic growth to 0.8% in 2012, from 1.1% previously, citing ripple effects from the eurozone more

01.20.2012

The Romanian economy returned to positive territory last year, after two years of recession, but the growth of the gross domestic product was not felt by the people, as signs of a consumption rebound more

01.18.2012

Romania's Economy Ministry has signed a protocol with the miners' unions in national coal company CNH Petrosani, regarding the payment of a new tranche of severance pay to employees laid off in 2011. more

01.13.2012

Nokia's departure was one of the worst news of 2011, as Romania loses one of its largest exporters and a major temporary work provider. But the worst may be yet to come. more

01.11.2012

Romania’s economic growth over the next 40 years will be comparable to that of Brazil, Russia or Turkey, according to a research of HSBC, one of the largest banks in Europe. So, in 2050 the Romanian more

01.04.2012

Many entrepreneurs describe 2012 as a year of many unknowns, when both the situation on the European markets and the domestic measures will influence the performance of the Romanian economy. A new more

12.31.2011

As the year comes to an end, let's take a look at the major events that shaped the Romanian economy in 2011. more

12.15.2011

The government has scheduled to sell 15% in Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz by mid 2012. Hidroelectrica and Nuclearelectrica should follow in the fall. more

12.06.2011

Romanian Economy Ministry Tuesday approved the merger of mining company Societatea Nationala a Lignitului Oltenia (SNLO) and energy producers Turceni, Craiova and Rovinari into a single power company, more

12.05.2011

The 2012 budget of Romania's Economy Ministry was approved Monday by the specialty Parliament committees, with 26 votes for and 15 votes against. more

11.29.2011

The big question in 2012 is how do we inject “financial substance” into the economy when the current fiscal policy sends out a procyclic impulse toward contraction, while bank loans are getting more

11.28.2011

Banca Comerciala Romana (BCR) will continue to support the Romanian economy, whose future depends also on the growth of its largest lender, said Adreas Treichl, chief executive of Austrian Erste Bank more

11.23.2011

Romanian Economy Ministry plans to sell stakes of 10% in power producers Nuclearelectrica and Hidrolectrica to increase the share capital of the two companies, according to a draft government more

11.03.2011

The companies under the Romanian Economy Ministry's authority and monitored by the IMF have reduced their arrears, cut their personnel expenses by 4.5% and posted 50% lower losses in the first nine more

10.19.2011

Neither the government, nor the Economy Ministry could answer a ZF request for a list of the 100 largest exporters in Romania, the value of their exports and their performance in the first seven more

10.10.2011

Industrial output, one of the leading indicators in the economy, continued to increase in August, at a faster rate than in June and July, which is good news at a time of prevailing pessimism over the more