04.03.2015

Meat industry representatives asked the Prime Minister to lower the value added tax from 24% to 9% on basic food products, including meat, as of June, to support the development of this sector. more

03.03.2015

Romania’s industrial producer price index fell 0.3% in January, after a 1.1% decline in the previous month, the country’s statistics institute INS said Tuesday. more

02.18.2015

Romania’s industrial sector, which includes activities such as raw material processing, mining, energy, water and waste, saw declines in January 2015, with 35% of firms reporting a fall in more

02.06.2015

Romanian industrial new orders rose 5.8% in 2014 compared with the previous year, supported by increases in all sectors, the country’s statistics institute INS said Friday. more

02.06.2015

Romania’s 500 largest exporters in 2014 include almost 80 fabric, apparel and footwear manufacturers whose cumulated revenue stood at about 7 billion lei (EUR1.6 billion) in 2013, according to the more

02.03.2015

Romania’s industrial producer price index fell 1.1% in December, after a 0.1% decline in the previous month, the country’s statistics institute INS said Tuesday. more

01.29.2015

Romania’s car industry climbed from revenue worth EUR8 billion in 2009 to EUR18 billion in 2014, according to data provided by the association of automotive manufacturers in Romania ACAROM. more

01.06.2015

Romania’s industrial producer price index fell 0.1% in November, after a 0.4% decline in the previous month, the country’s statistics institute INS said Tuesday. more

12.10.2014

In 2014, Swiss group Novartis registered a “modest” revenue increase in Romania amid a challenging year in the healthcare industry, estimates Elena Mitova, general manager of Novartis Pharma more

12.10.2014

The processing industry, financial services providers and hotels and restaurants are the fields planning to recruit the most in the first three months of next year, with employers set to boost the more

12.03.2014

The royalty system for the oil industry will remain unchanged next year and changes will be considered afterward, minister-delegate for the Budget Darius Valcov said Wednesday. more

12.02.2014

PepsiCo's plant in Dragomiresti (Ilfov), the production unit of Greek Olympus near Brasov and the Albacher plant built by Romaqua Group are the largest greenfield investments operated in the local more

11.04.2014

Romania’s industrial producer price index went down 0.2% in September, after a similar decline in the previous month, the country’s statistics institute INS said Tuesday. more

10.28.2014

The telecom market is changing and heading toward customized services, Bogdan Tudor, Chief Executive Officer of Class IT Outsourcing, said Tuesday. more

10.09.2014

The Romanian food industry, dominated at the top by multinationals of vegetal oil, sugar and confectionery production, but characterized by a second tier made up of Romanian entrepreneurial more

10.06.2014

Romanian Business Consult (RBC), the biggest local IT solution integrator for food and retail companies, expects its revenue to grow by around 10% this year, after expanding to new sectors, such as more

09.24.2014

The consultant that will draw up the reorganization project for the nuclear energy sector, which covers 20% of Romania's electricity consumption, will also consider the scenario of having more

09.24.2014

Mechrom Industry, with two production units in Romania, gets 10% of total raw materials used in bicycle part production from Romania. In three years, though, the local subsidiary of Italy’s group more

09.16.2014

Software solution provider Arobs Transilvania is considering an IPO on the Bucharest Stock Exchnage in a bid to fund the purchase of local and regional players. more

09.09.2014

Romanian businessman Mihai Miron, known through the companies he developed in the pharmaceutical industry, Europharm and Ropharma, has a new bet this year, a production lab in Chisinau (the Republic more

09.08.2014

Over 1.1 million Romanians bought foodstuffs, apparel, cosmetics or home care products on the internet last year. Thus, with just one in 20 Romanians buying FMCG goods online, the local market lags more

09.03.2014

One third of the 100 largest players in Romania’s processing industry in 1994 no longer exist or have zero revenue, and 15 of them have revenue of below $10 million, reveals a ZF survey based on more

09.01.2014

Marius Chereches, former manager of companies such as Ozone or PharmaFarm, has in the past four years developed Ecofarmacia pharmacy network, which has reached 26 units in Ardeal area of Romania. more

08.21.2014

Over 126,000 new jobs were created in the Romanian economy in the June 2012-June 2014 period and employers in the field of administrative and support services and in the manufacturing industry hired more

08.07.2014

Romanian industrial new orders rose 6.6% on the year in the first six months, supported by growth in all sectors, data from the country’s statistics institute INS said Thursday. more