11.21.2013

The Romanian leasing market could stagnate this year at EUR1.3 billion, although leasing companies were hoping for a 10% growth in the industry at the beginning of the year, Garanti Leasing sales more

11.18.2013

Over 400,000 Romanians will buy products from online retailers during the Black Friday sales campaign due on November 22 and the value of transactions will exceed EUR40 million, according to estimates more

10.16.2013

Retailer Auchan Romania, which reported profit last year for the first time since it entered the local market, plans to break even at the end of 2015, following the acquisition of 20 Real more

09.30.2013

Romania’s construction market will decline this year to EUR8.5–8.8 billion, from EUR9.3 billion in 2012, and from EUR15 billion in 2008, according to Laurentiu Plosceanu, head of the Romanian more

04.24.2013

Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) estimates it will reach sales of 160.1 million lei (EUR36.8 million) in 2013, 8% higher than the RON148 million posted last year. more

04.23.2013

Rosal Import-Export, owner of IT&C products brand E-Boda, estimates its turnover will reach EUR8-9 million this year, from EUR5 million in 2012, due to an increase in tablet sales. more

04.04.2013

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) estimates its net profit will rise 6% to 29 million lei (EUR6.5 million) in 2013, according to the company’s revenue and expenditure budget for more

04.03.2013

TBI Bank, the Romanian subsidiary of TBI Bank EAD Sofia operated by Dutch financial group TBIF Financial Services, wants to grant loans of EUR60-70 million to individuals and firms and attract more

04.02.2013

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its pretax profit will fall 5% on the year in 2013, hurt by a newly introduced tax on natural monopoly in the energy sector, more

04.02.2013

Hungarian drug maker Gedeon Richter estimates medicine sales will remain at a similar level this year to 2012 on the Romanian market, when expressed in lei, according to data published by more

03.04.2013

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its pretax profit will rise 5% to 44.6 million lei (EUR10.2 million) in 2013, from RON42.5 million a year earlier. more

02.18.2013

Direct sales company Amway Romania expects a slight growth in sales this year, to USD23 million, driven by the planned new product launches. more

02.18.2013

State-run energy company Complexul Energetic Oltenia, which was created last summer by the merger of major thermal power stations in Oltenia (S Romania) with the coal mines managed by Societatea more

01.28.2013

Romania’s general and life insurance market will see no major changes in 2013 and it is expected to grow by 3% to 5% backed by higher tariffs at mandatory car insurance (RCA) policies and stronger more

01.08.2013

27 of the 50 markets analyzed by ZF could see rises this year. 18 of them could stagnate, with only 5 sectors expected to decline. more

01.08.2013

Erste Group analysts see the Bucharest Stock Exchange having a rather good year in 2013. They expect growth of 10% to 15%, below the potential of the local stock market because of the low liquidity more

12.20.2012

The local branch of games publisher Ubisoft will see revenue up 10% to 15% on the EUR20 million it posted in 2011. It is also preparing for “the best year in the history of the office” in 2013, more

12.18.2012

Roche Romania, the local division of Hoffmann la Roche, estimates this year’s growth stands at no more than 5%, compared with the EUR214 million of 2011. more

12.13.2012

The assets of Romania’s mandatory (Pillar II) pension funds will reach EUR2.6 to EUR2.7 billion at the end of 2013, up around 25% from December 2012, backed by an increase in employees' contribution more

05.22.2012

This year will be difficult for the insurance market, with a slight growth in underwritings, said Mihai Tecau, CEO of Romanian insurer Omniasig (formerly BCR Asigurari). more

04.29.2012

Romanian construction systems maker Teraplast (TRP.RO) estimates a 17.6% increase in turnover to 246.33 million lei (EUR56.3 million) in 2012, compared to a turnover of RON209.35 million in 2011. more

04.23.2012

Romania’s life insurance market will continue to maintain its positive trend in 2012, with the increase in underwritten premiums seen below 10%, Theodor Alexandrescu, head of insurance company Alico more

04.02.2012

Romanian generic drugs wholesaler Ropharma Brasov estimates its net profit will rise 20% to 12.8 million lei (EUR2.9 million) in 2012, supported by a 12% increase in sales. more

03.26.2012

Romanian regional investment fund SIF Oltenia (SIF5.RO) Tuesday estimated its net profit will rise 4% to around 87 million lei (EUR20 million) in 2012, from RON83.4 million a year earlier. more

03.26.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its net profit will fall 55.6% to 40 million lei (EUR9.1 million) in 2012, from RON90.2 million a year earlier. more