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

06.13.2016

Flag carrier Tarom carried 496,700 passengers in the first quarter, 8% more than in the year-ago period, the officials of the airline told ZF. more

06.06.2016

Insurance company Grawe, specialized in the sale of life insurance policies and controlled by Austrian group Grawe, reported a profit of nearly RON4 million in 2015 (below EUR1 million), four times more

05.23.2016

The largest independent cable TV service provider in Romania, which operates under the AKTA brand via two companies – Digital Cable Systems (DCS) and AKTA Telecom, posted 226.13 million lei (EUR50 more

05.18.2016

Real estate company Re/Max Grup de Lux expects the real estate market in north-western city of Cluj-Napoca will exceed the EUR1 billion mark in 2016. more

05.17.2016

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) reported a profit of RON7.1 million in January-March 2016, up 18% from the year-earlier period. more

05.12.2016

Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish Autoliv group, posted growth of 25% in revenue to more than 3 billion lei (EUR668 million) last year, more

05.10.2016

Romania’s Finance Ministry has proposed supplementing by RON500 million the guarantee ceiling for this year’s government-guaranteed mortgage lending First Home program, in response to the requests more

05.05.2016

The largest insurers in Romania posted higher annual profits in 2015, which means the overall loss of the market might drop this year, though a return to profit in 2016 is unlikely. more

04.15.2016

IT training services provider Bittnet Systems (BNET.RO), listed on the alternative trading system (AeRO) of the Bucharest Stock Exchange, saw a 35% increase in total revenue against the previous year, more

04.15.2016

Romania's auto market grew 11.4% in annual terms in January- March 2016, to 19,951 units, the Romanian Automotive Manufacturers and Importers Association (APIA) said Friday. more

04.15.2016

Synevo Romania, the local lab division of Swedish healthcare services provider Medicover, registered a 12% higher turnover in 2015, overshooting the RON150 million mark for the first time, according more

04.14.2016

Hertz Lease wants to reach a fleet of 2,000 vehicles by the end of 2016, considering that it expects the Romanian operating leasing to grow 13% this year. more