12.11.2013

Foreign banks will continue to deleverage from their Romanian subsidiaries for at least another year before the process is completed, the head of the country’s parliament-appointed Fiscal Council more

11.07.2013

Sales of private label products increased by 34% on the year in 2012 on the food segment and by 36% on the non-food segment, according to a report by Romania’s Competition Council released Thursday. more

09.17.2013

Slowness and fear of taking decisions are among the main reasons why Romania lacks foreign investments, believes Mihai Bogza, president of the Foreign Investors Council (CIS) and chairman of more

09.12.2013

Tax evasion in Romania climbed about 3 basis points since the beginning of the crisis to 14% of the gross domestic product in 2012, from 11.2% of the GDP in 2008, according to a report by the Fiscal more

08.28.2013

Romania’s Competition Council has extended until September 16 the deadline for public debate on the commitments proposed by local mobile operators Cosmote, Orange, RCS & RDS and Vodafone Romania. more

08.13.2013

Mobile operators Cosmote, Orange, RCS&RDS and Vodafone Romania want to bring to similar levels charges for calls made in different networks and for same-network calls. more

08.13.2013

The Romanian Government’s recent announced budget revision breaks several fiscal-budgetary rules and is based on unrealistic expectations, especially overestimated revenue from the income tax and more

06.11.2013

Romania’s Competition Council said it has authorized the takeover of Termo Craiova which administers the heat distribution and supply in Craiova, southern Romania, by state-owned thermal power plant more

06.04.2013

The Romanian Competition Council will analyze whether the planned acquisition of Lufkin Industries Inc.’s local assets by US General Electric breaches antitrust regulations, the Council said in a more

05.30.2013

Romania’s Competition Council head Bogdan Chiritoiu said Thursday it is essential that courts uphold the decisions taken by the antitrust authority. more

05.30.2013

Romania’s Competition Council Thursday said the government might require authorization from the European Commission to implement a measure aimed at exempting industrial consumers from paying part of more

05.30.2013

The Inter-bank fees charged by Visa and Mastercard for card transactions in Romania are among the highest in Europe, an antitrust probe showed Thursday. more

04.26.2013

Romania’s antitrust authority Friday said it has approved a derogation for Marfin Bank Romania which allows the latter to gain control of the local operations of Bank of Cyprus before obtaining the more

03.21.2013

Romania’s antitrust body announced Thursday it was looking into the takeover by Auchan Romania of real,- Hypermarket chain. more

03.20.2013

Romanian antitrust regulators will finish in the second half of the year a probe into alleged damaging contracts signed by the National Lottery Company and two Greek companies, the head of the more

03.18.2013

Romania’s antitrust body announced Monday it was looking into the takeover by oilseed processor Expur of two vegetable oil brands and the production equipment at the vegetable oil plant in Podari more

03.15.2013

President Traian Basescu said Friday, at the end of the European Council meeting, that upcoming talks in the European Parliament (EP) as regards making European funds more flexible will allow Romanian more

03.07.2013

Romania is unlikely to return to pre-crisis level of growth without major reforms that would boost investment and increase job creation, representatives of the Foreign Investors Council said Thursday. more

03.07.2013

EU ministers assembled Thursday at the EU Council on Justice and Home Affairs have put off a decision on whether to allow Romania and Bulgaria into the passport-free Schengen area, people close to the more

02.05.2013

Romania’s supreme defense council CSAT on Tuesday decided the country will send ten troops to Mali this year to join the European Union’s military training mission in the African country, the more

01.09.2013

The Romanian tripartite council for social dialog will convene next week for talks on the minimum wage in 2013, union leader Bogdan Hossu said Wednesday. more

12.03.2012

Romania’s Competition Council has started an inquiry on the ship piloting and towage market, targeting ports administered by state-owned company Administratia Porturilor Maritime Constanta (CNAPM), more

11.28.2012

The takeover of German retailer Real’s hypermarket network in Romania by French retailer Auchan might need the approval of the European Commission, considering that the deal targets Real stores in more

11.28.2012

Romania’s Competition Council will complete a retail market inquiry at the beginning of 2013 and some of the firms targeted might be penalized, Bogdan Chiritoiu, head of the antitrust watchdog, said more

11.28.2012

Romanian Competition Council has sent to the central bank its preliminary findings regarding an alleged speculative attack against the leu back in 2008, the head of the antitrust watchdog said more