09.29.2014

Romania is not, by far, among the top countries in the European Union that back innovation and authorities ought to increase public investments in this sector, Gabor Sztaniszlav, general manager of more

09.25.2014

Romanian state-run postal company Posta Romana needs EUR100 million investments to provide services similar to those of a European operator, funds that will be invested by the future strategic more

09.24.2014

US fast-food restaurant chain McDonald's wants to double the number of coffee shops in Romania by the end of 2015, to reach 20 units, four of which will be opened in 2014. more

09.24.2014

Investors are hard to convince to invest in the acquisition of companies in Central and South-Eastern Europe, including Romania, as the region is unattractive except for Poland, although there are more

09.23.2014

The value of real estate investments could reach around EUR500 million in 2014, up over 60% from 2013, as at least two large transactions are to be completed in the next three months, Ilinca Paun, more

09.19.2014

Grup Servicii Petroliere (GSP), the offshore drilling company of Upetrom group owned by businessman Gabriel Comanescu, plans to invest $1.2 billion in ships and drilling rigs, funded with bank loans more

09.09.2014

The Romanian energy sector needs investments of EUR4-5 billion a year in the next ten years, a total of EUR5-15 billion more than estimated six months ago, minister-delegate for Energy Razvan more

09.09.2014

Romanian PVC processor Teraplast plans to keep prices unchanged and operate investments to stay in the black, in the context where market demand is falling, according to Traian Simion, the company’s more

09.08.2014

Cyprus-based Secure Property Development & Investment (SPDI) has acquired 122 apartments in four residential compounds in capital Bucharest, whose net value is estimated at EUR3.3 million. more

09.08.2014

Romania should spend over $3 billion on public investments by the end of the year, but the funds, covered from the state budget, are difficult to spend due to procedural bureaucracy, Prime Minister more

09.04.2014

Prime Minister Victor Ponta said Thursday that Romania and China are carrying out investment projects worth EUR6 billion, adding that in the current geopolitical context, with Romania backing the more

09.03.2014

MedLife, Romania's largest private medical services provider, said it will finalize in November the construction of a clinic in Constanta (southeastern Romania) and plans to set off in upcoming months more

09.03.2014

Romanian fertilizer maker Azomures plans to carry out investments of EUR220 million by the end of 2015 in order to comply with the environmental norms effective starting 2016, the company’s more

09.03.2014

Romanian first-half net investments fell 9.1% to 25.18 billion lei (EUR5.71 billion) from the year-earlier period, on declining activity in construction and machinery and equipment, the country’s more

08.24.2014

Office building Floreasca Park, which was completed in 2014 and is the most recent investment in Romania of real estate developer Portland Trust, will remain in the company’s portfolio for one more more

08.14.2014

Romanian energy company Electrica (EL.RO) plans to invest 6.2 billion lei (EUR1.4 billion) between 2014 and 2018, mainly in distribution equipments, the company said in a statement Thursday. more

08.05.2014

Greek industrial park developer Helios Phoenix is expanding the Olympian Park projects in Brasov and Timisoara by around 25,000 square meters, as the existing space of more than 45,000 sqm has reached more

07.30.2014

South-African investment fund New Europe Property Investment (NEP.RO) wants to buy a 7.4-hectare land in Piatra Neamt where it will develop a shopping center and to take over the remaining stake of more

07.23.2014

Romanian President Traian Basescu is a bourse investor, holding 2,948 Romgaz (SNG.RO) shares worth 105,803 lei (EUR24,000). Another $36,000 were placed by the President in state paper. more

07.22.2014

Romania's financial watchdog ASF plans to amend the investment policy for pension funds to allow then to make higher direct investments in the economy, the institution said in a statement Tuesday. more

07.15.2014

Tabita Tour will invest over EUR2.5 million this year in new buses, the development of a new passenger boarding terminal and software that will allow the online sale of tickets on international more

07.14.2014

France is the fourth largest investor in Romania, with EUR5.2 billion worth of investments. It is also Romania’s fourth largest trade partner, with commercial exchanges going constantly up and more

07.10.2014

Four major pharmaceutical companies have blocked EUR50 million investments in production lines in Romania because of the clawback tax, which continues to grow, said the head of the Association of more

07.02.2014

Romania’s state-owned power grid operator Transelectrica (TEL.RO) will have to draw up a plan for a ten-year period for the development of the energy transport network. more

06.20.2014

Electrica, a company which is now selling 51% of its share in the largest ever public offering on the Bucharest stock exchange, aims to invest 6.27 billion lei (EUR1.4 billion) by 2018 in energy more