05.15.2013

Romania’s gross domestic product expanded 0.5% in the first quarter, after an increase of 0.4% in the previous three months, a flash estimate of the country’s statistics institute showed more

04.30.2013

Romanian pharmaceutical company Ropharma Brasov (RPH.RO) expects turnover of 445 million lei (about EUR103 million) in 2013, up 7.5% on the year, and net profit of RON10 million. more

04.29.2013

Luxury lingerie store La Perla targets an 8% increase in sales this year, from EUR280,000 in 2012, its first year on the Romanian market. more

04.29.2013

Romania’s 2013 wheat production has been revised up in April by the European Commission to 5.8 million tons, a rise of almost 10% on the latest estimate made at the end of March. more

04.25.2013

Sporting goods retailer Hervis expects a two-digit growth in Romania for 2013 despite a slower start of the year compared with 2012, general manager Catalin Pozdarie said. more

04.12.2013

Romanian brick maker Cemacon (CEON.RO) said Friday it estimates its turnover will reach around 50 million lei (EUR1.1 million) this year, up more than 40% from RON34.5 million in 2012. more

01.10.2013

The insurance industry could grow this year but do it at a slow pace, as few insurers see double-digit growth. Most of them, however, do expect growth to return to this market in 2013 after the more

12.28.2012

Romanian brokers are reserved regarding the evolution of the Bucharest stock exchange next year, considering that many investors have exited the market, and believe that in the first half of 2013 more

08.08.2012

Tablet computer and dual SIM phone producer Visual Fan Brasov targets to increase its sales by 20% in 2012, from 8.8 million lei (EUR1.9 million) last year, Lucian Peticila, the firm’s general more

05.30.2012

Romanian insurer Omniasig (former BCR Asigurari) estimates it will underwrite insurance premiums of 1.2 billion lei (EUR269 million) in 2012, a volume similar to that in 2011, the company's Board more

03.19.2012

Romanian electronics retailer Flanco estimates its notebook sales will climb 20% this year, and tablet and smartphone sales will increase three to ten times due to their still low penetration rate on more

02.28.2012

The Romanian Pool of Insurance Against Natural Disasters (PAID) estimates it will administer around 300,000 mandatory home insurance policies by the middle of this year, down by half compared with more

02.23.2012

Rising temperatures and a sudden thawing of snow might lead to over 32,800 damage claims for insurance policies issued by the Romanian Pool of Insurance Against Natural Disasters (PAID), whose value more

01.30.2012

The assets of Romanian mandatory (Pillar II) and voluntary (III) private pensions will exceed EUR2.3 billion by the end of this year, from around EUR1.6 billion in December 2011, due to increased more

09.27.2011

The jobless rate in Romania has slightly increased to 4.83%, but it should not exceed 5% this year, Silviu Bian, president of the National Employment Agency (ANOFM), said Tuesday. more

08.16.2011

Romania’s economic growth slowed to just 0.2% in the second quarter, after a 0.7% advance in the earlier quarter, as weaknesses in the external markets accentuated the subdued domestic demand. more

08.13.2011

Romania’s Government has revised its forecast for the country’s second quarter economic growth to 0.2%-0.3% from a previously expected 0.3%-0.4%, but expects better results in the third quarter more

08.04.2011

CEZ Romania, a unit of Czech power group CEZ AS, expects wind power output will triple to around 0.9 TWh in 2011, as more turbines are scheduled to start production in the next period. more

05.13.2011

Romania's economy expanded by 0.6% in the first quarter, after a meager recovery of just 0.1% three months earlier, a flash estimate of the country’s statistics institute showed Friday. more