07.10.2015

New car registrations rose by almost 25% to 8,630 units in June, according to the Driver License and Vehicle Registration Department (DRPCIV) data. more

07.07.2015

Cluj-Napoca (NW Romania), one of the major cities of Romania other than Bucharest, will see its office space stock reach 229,000 square meters this year, an increase of 23% on 2014. more

06.30.2015

The loan to deposit ratio, one of the indicators of the lending potential of the banking system, reached 93% at the end of May, the highest this year, driven by the resurgence of loan sales and the more

06.26.2015

The high demand for workforce in the IT sector has led to a fast-paced increase in salaries over the last few years, taking the average monthly net income to more than 4,500 lei (EUR1,000), 17 times more

06.10.2015

The Romanian government might approve Wednesday the increase of the price for local natural gas for household consumers to RON60/MWh, Energy Minister Andrei Gerea stated. more

05.28.2015

French-held Alcatel-Lucent, one of the largest telecommunications equipment and solutions suppliers in the world, will increase its Romanian team by 100 this year, for a total of 1,600 employees. more

04.23.2015

The final price of natural gas paid by household consumers will increase by 5-8% as of July 1, energy regulatory agency president Niculae Havrilet said Thursday. more

04.09.2015

Policolor - Orgachim group posted a two-digit increase in sales volume in the first quarter of 2015, in line with its estimates, and targets a 24% higher turnover, to EUR65.5 million for the whole of more

04.06.2015

Pharmaceutical producer Gedeon Richter Romania on Monday said it plans to increase its share capital by RON10 million (nearly EUR2.3 million), through shareholder cash contributions by issuing new more

04.02.2015

Insurance firms in Romania issuing mandatory car insurance policies RCA will pay to Street Victim Protection Fund a contribution of 2% of the volume of cashed premiums to ensure the funds needed to more

03.25.2015

Romanian lender Banca Transilvania (TLV.RO) plans to raise its share capital by 417.38 million lei (EUR94.7 million), by including part of its reserves, the bank said in a statement Wednesday. more

03.16.2015

Romania’s Finance Ministry on Monday said it decided to no longer introduce in the Tax Code draft the proposition to increase taxes on residential property. more

03.02.2015

Retailer Auchan Romania, which has a network of 32 hypermarkets, raised its share capital by EUR30 million in January 2015, to EUR299.2 million, by issuing new shares, according to a decision of the more

02.26.2015

The cash in circulation reached an all-time high of 41 billion lei (more than EUR9 billion) last month, an increase of 16% on the same time last year. The growth in January alone stood at 2% or RON750 more

02.05.2015

Wood-based panel products manufacturer Kronospan Romania, part of Austrian group Kronospan, increased its share capital by 40.2 million (EUR9 million), to RON341.7 million (EUR84.6 million). more

02.05.2015

A US-held company registered in the Cayman Islands opened an office in Romania in 2013 with the minimum share capital required, 200 lei (almost EUR50). In December 2014 it operated the highest capital more

01.27.2015

Banks, insurers and non-bank financial institutions held by foreign groups received capital injections of 2.4 billion lei (EUR536 million) in January-November 2014, according to Trade Registry data. more

12.19.2014

The average electricity prices for Romanian households that have not changed their power supplier will increase by 0.26% starting January, following increases and decreases in price components more

10.28.2014

Sales of Romanian online retailer eMag.ro will rise over 50% in 2014 because the third quarter has been very good, Violeta Luca, the online retailer’s vice-president and Chief Executive Officer, more

10.22.2014

Foreign direct investment stock rose by 22% or EUR11.1 billion to almost EUR60 billion between 2008 and 2013, despite a very low growth rate last year. more

10.03.2014

Insurance company Astra (ATRA.RO), owned by Romanian businessman Dan Adamescu and placed under special administration in February, increased its share capital by RON65.1 million, to RON257.8 million, more

10.03.2014

The banking sector received capital injections of about 12 billion lei (EUR2.7 billion) in 2008-2013, as 28 local banks analyzed by ZF had almost RON25 billion share capital in December last year, more

09.19.2014

Policolor, one of the largest players on the Romanian paint and enamels market, invested some EUR500,000 in a new range of automotive paints and the group’s overall sales on this segment saw an more

08.28.2014

Universal Online Promotion, which owns the online store elefant.ro, has raised its share capital by RON14.88 million (EUR3.3 million), from RON900,000 to RON15.78 million, to support the portal's more

08.11.2014

South-African investment fund New Europe Property Investment (NEP.RO) plans to use its recently acquired new capital to repay old debt and finance new investments, the fund said in a stock exchange more