01.05.2017

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12.07.2016

Throughout 2016, OTP Asset Management Romania has seen a 11.4% increase in the number of investors in managed funds and in managed assets, which exceeded RON620 million at the end of November 2016 (an more

12.06.2016

Sales in Romania’s e-commerce rose to RON5.47 billion in 2015, from RON1.68 billion in 2011, on the backdrop of developing online commerce services ensured by over 5,300 companies, 2,600 more than more

11.30.2016

The 2016 guarantee budget for the government-backed mortgage lending First Home program was raised by RON250 million, following requests from the banks registered in the program, according to the more

11.29.2016

Cable Communications Systems NV, the parent company of telecom operator RCS&RDS, the largest cable operator in Romania which also operates in Hungary, Italy and Spain, registered revenue of EUR212.2 more

11.06.2016

Mapei Romania, manufacturer of hydro-insulations and special adhesives, targets a turnover of over RON50 million at the end of 2016, higher by nearly RON7 million than in 2015, according to Ziarul more

10.25.2016

The best-selling over the counter (OTC) drugs in Romania are Nurofen of Reckitt Benckiser, followed by Aspenter (Terapia Cluj), Parasinus (GlaxoSmithKline) and No-Spa (Sanofi), according to the data more

10.19.2016

The instability in Turkey and Ukraine can help Romania become a regional logistics power in the next few years, especially if the government backs development of road and rail infrastructure. more

10.17.2016

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, has reached 4,000 employees in this country and plans to boost the headcount of the plant in Cristian, Brasov County further. more

10.11.2016

Shareholders of Romanian oil storage and shipment firm Oil Terminal (OIL.RO) approved the share capital increase by RON261 million, to RON319 million, the company said in a statement Tuesday. more

09.15.2016

Investment loans newly granted by Raiffeisen Bank to medium-sized companies in Romania in the first six months of 2016 rose over 30% compared with the same period a year ago. more

09.15.2016

Romania’s factoring market rose 15.5% on the year in January-June 2016, to EUR1.75 billion, and domestic factoring saw the highest year-on-year growth, of 20%, to nearly EUR1.35 billion, according more

09.15.2016

Road carrier Dolo Trans Olimp, of entrepreneur Cristian Dolofan, has become the largest corporate customer of Mercedes-Benz trucks and will boost its fleet to more than 250 trucks in the next two more

09.13.2016

Romania’s Finance Ministry has proposed supplementing by RON500 million the guarantee ceiling for the government-guaranteed mortgage lending First Home program. more

09.12.2016

Romania's auto market grew 16% in annual terms in January-August 2016, in the context in which vehicle sales saw an increase of 14.8% to 70,606 units, and industry representatives kept the 10-12% more

09.06.2016

Credit Agricole Romania, a small-sized player on the local banking system, has decided to raise the down payment on mortgage loans to 25% from 20% at the beginning of September, the bank announced on more

08.26.2016

Romania manufactured about 900,000 bicycles last year and climbed to fifth place among the manufacturers in the EU after having doubled production in 2009-2015. It is also among the largest more

08.09.2016

Agricover Credit IFN, the lending division of Agricover group, registered a net profit of RON14.6 million in the first half of 2016, up 42% compared with the same period a year ago. more

08.09.2016

The number of employees in Romania went up by about 200,000 in the first quarter on the year-ago period, so the total number of employees reached 5.4 million people, according to Labor Ministry data. more

07.24.2016

Travel agency Christian Tour, the largest charter operator in Romania, controlled by the Pandel family, registered a turnover of EUR46 million in the first half of 2016, up 25% against the same period more

07.24.2016

Food orders registered by online food delivery platform Foodpanda.ro doubled in the first half of 2016, compared with the same period a year ago, as the average value of the consumer basket rose 5% more

07.18.2016

Romania’s direct public internal and external debt reached 278 billion lei (EUR61.7 billion) at the end of May 2016, having gone up by RON20 billion on the end of May 2015, according to Finance more

07.13.2016

Courier service industry companies had more than 12,600 employees last year, almost 5,000 more than in 2008, as the industry was one of the least affected by the economic crisis, according to a ZF more

07.08.2016

Iasi-based Avi-Top, a member of the Kosarom group of entrepreneur Neculai Apostol, made more than EUR11 million revenue from poultry production last year, an increase of 2% on 2014. more

07.07.2016

Europe’s largest low cost airline Ryanair, which has stepped up expansion in Romania in the past two years, plans to carry more than 1.8 million people on the routes it operates from Henri Coanda more