04.03.2013

Romania’s economy grew at a faster 0.7% than previously estimated in 2012, reflecting a smaller negative impact from industry and a positive contribution of the retail sector, revised data from the more

04.02.2013

In the 100 days in office of the Government led by prime minister Victor Ponta, he presided over 13 government meetings, took five trips abroad, had seven meetings with officials (of the IMF, foreign more

03.25.2013

Romania’s economy will likely increase by 1.7% in 2013, from a meager growth of 0.3% a year earlier, helped by stronger investments and a higher absorption rate of European funds, according to more

03.25.2013

For the first time, a high official of Romania’s ruling coalition admits that businesspeople have every reason to be dissatisfied because the new government has not taken any concrete measures to more

02.27.2013

Investors’ preference for renewable energy projects may suggest an imbalance between government support schemes in Romania, an official of the Economy Ministry said Wednesday. more

02.25.2013

The privatization of a state-run company can be done even with one leu, one euro or even by paying an investor, but what counts the most is a company’s profitability and its long-term impact on the more

02.14.2013

Romania’s economy grew by a meager 0.2% in 2012, a considerable slowdown on the previous year, hurt by a feeble harvest and falling exports to European markets. more

02.12.2013

Romania’s Economy Ministry plans to select new members of the Managing Board for three energy and natural gas companies in its portfolio, including state-run nuclear power plant operator more

02.06.2013

Adrem Invest, a Romanian-held company specializing in industrial equipment, says state support for Romanian companies in major international auctions can be key to developing the local industry. more

01.29.2013

The precautionary arrangement that Romania sealed with the International Monetary Fund in the spring of 2011 and which was supposed to end in April 2013 has reached a turning point: Romania asked for more

01.28.2013

Romanian Economy Minister Varujan Vosganian said Monday that the government has insufficient resources to finance key projects in the energy sector, including the long-delayed construction of two new more

01.23.2013

Romania's economy is expected to post modest growth of up to 1% in 2013, from around 0.5% a year earlier, held back by even exports and industrial production, according to estimates of Coface rating more

01.21.2013

Rebounding consumption and sustained investments may aid Romania’s economy to grow more than 1% in 2013, from around 0.7% estimated last year, according to estimates from Franklin Templeton more

01.16.2013

The World Bank has revised downward its forecast on Romanian economic growth to 1.6% in 2013 from its previous estimate of 2.8%. more

01.11.2013

Traian Oprea, former general manager at Romanian state-owned hydropower producer Hidroelectrica, has been appointed adviser to Economy Minister Varujan Vosganian. more

01.04.2013

After four years during which the Romanian economy has remained under the threat of recession, it would be high time for the central bank to move away from its “wait and see” approach, says more

01.03.2013

Romania's economy will rise 2%. Hidroelectrica will get out of insolvency. Another 150 km of highway will be finalized. Bancpost could merge with Banca Romaneasca. These are just a few of the main more

12.28.2012

Economic analysts anticipate the economy will grow in 2013, with estimates for an increase of the gross domestic product ranging between 0.5% and 2.2% after the Romanian economy returned to negative more

12.22.2012

Romania’s Government on Saturday decided to set up the National Tourism Authority, which will operate within the Economy Ministry and will be coordinated by the minister-delegate for SMEs, Tourism more

12.21.2012

Romanian Parliament’s special committees on Friday endorsed Varujan Vosganian for the position of Economy minister with 57 to 11 votes and one abstention. more

12.21.2012

The year 2012 is a wasted year because of the political feuds that only served to weaken an economy hurt by the crisis. The hope for an economic rebound is carried over in 2013. more

12.18.2012

Romania needs more structural reforms to accelerate economic growth and a new loan agreement with the International Monetary Fund could help strengthen political will to implement difficult measures, more

11.30.2012

A hundred years ago, Romania prided itself in being called “Japan of Europe”, in its well-developed banking system, in its leu which was as strong as the French and Swiss currencies and in a stock more

11.23.2012

Business people want to be optimistic about next year in terms of the evolution of the economy and of businesses, but they are waiting to see what measures the new government will take to improve the more

11.20.2012

Misu Negritoiu, chairman of ING Bank Romania, says he would like to get involved in the management of EU-funded projects after ending his term and that he wants to help raise Romanians’ level of more