02.21.2014

Seven real estate groups, three of which are Romanian-held, in 2013 generated revenue of almost EUR315 million from operating the malls or office buildings they own, up 12.3% year-on-year, according more

02.20.2014

Farmec Cluj, Romania’s largest cosmetics producer, saw its revenue advance in each of the past five years of crisis, as on a market dominated by multinationals Farmec products are 30-40% cheaper more

02.14.2014

Baneasa Developments wants to invest nearly EUR2 million in expanding the entertainment zone and remodeling several spaces within shopping center Baneasa Shopping City, company head Georgios more

02.10.2014

Transavia, the biggest poultry meat producer in Romania, plans investments of at least EUR10 million this year, similar with 2013, as well as the payment of its banking loans, according to a more

02.05.2014

Turkish businesses invested $5 billion in the Romanian economy and Romania hopes the amount will double, Romanian President Traian Basescu said Wednesday in Ankara, during a press conference with more

01.30.2014

Elmec Romania, the local division of Greek-held group Folli Follie (FF Group) which holds the Nike franchise on the local market, has changed its name to FF Group Romania and announced new store more

01.27.2014

Private pension funds in Romania will have around EUR500 million in the next two years to invest in public offerings and corporate bonds, Raluca Tintoiu, general manager of ING Pensii, said Monday. more

01.23.2014

Romania’s second largest oil group Rompetrol Thursday said it will resume its investment program in Romania, after the Government approved a memorandum of understanding signed with the company last more

01.16.2014

Four of the parent companies of the 20 largest Romanian firms boasted share increases by as much as 53% on international markets in 2013, the best year for the Western stock exchanges after the more

01.16.2014

The European Bank for Reconstruction and Development invested around EUR510 million in 32 individual projects in Romania last year, a record number of projects for the lender in the eastern European more

01.14.2014

Cement producer Carpatcement Holding, part of German group HeidelbergCement, plans to invest around EUR15 million this year in energy efficiency, environmental projects and staff development. more

01.14.2014

Real estate deals in Central and Eastern Europe (CEE) increased 31% on the year in 2013, to over EUR10 billion, and Romania ranked fifth out of nine countries by realty deal volumes, according to more

01.13.2014

Romania’s second largest oil group Rompetrol has taken preliminary steps to finance new projects worth $350 million as soon as a memorandum with the government is in place, the company said Monday. more

01.10.2014

Azeri state-owned oil company SOCAR will continue to invest in Romania but has no plans to buy chemical plant Oltchim Ramnicu Valcea (OLT.RO), according to SOCAR Romania general manager Hamza Karimov. more

01.09.2014

Romania's coal-fueled energy production would remain sustainable for many years and companies investing in CO2 emission cut might get certain incentives from the state, Minister Delegate for Energy more

01.08.2014

Investment fund manager Certinvest will take over stock investment fund KD Maximus, the only fund managed by KD Investments Romania, with assets worth around RON29 million (EUR6.4 million). more

01.07.2014

A new hydropower station, an oilfield-equipment manufacturing plant and a research and development center for the automotive industry are the three largest greenfield investments concluded in Romania more

12.27.2013

Greek businessman Ioannis Papalekas, one of the most active real estate investors and developers in Romania, has obtained all permits needed to develop an office building in Bucharest. more

12.20.2013

E. On Gaz Distributie, a Romanian unit of German utility E.ON, has invested nearly 175 million lei (EUR39.1 million) this year in Romania’s northern region, where it operates. more

12.19.2013

Agriculture, IT and outsourcing will become the main fields of interests for foreign investors in Romania in 2014, according to outsourcing & advisory company Accace. more

12.10.2013

The Romanian Government has extended until June 2013 the validity of two government decisions, allowing private-sector companies to access state aid worth almost EUR440 million. more

12.10.2013

Laurentiu Lupusor, general manager of construction materials producer Baumit Romania, says the reduction of public investments in 2013 affected the construction industry, but also brought more

12.03.2013

Romanian net investment fell 10% to 17.82 billion lei (EUR4.01 billion) in the third quarter from the year-earlier period, on declining activity in most sectors, the country’s statistics institute more

11.28.2013

Investments made in Romania in 2010-2012 by the 350 companies part of the American Chamber of Commerce in Romania - AmCham total EUR1.2 billion and account for 24% of all foreign direct investment in more

11.26.2013

Romania's current account balance will post a surplus next year, fueled by agrifood exports to China starting January 1, 2014, Minister-delegate for Budget Liviu Voinea said Tuesday. more