11.22.2016

Medlife, the largest private healthcare provider in Romania, announced shareholders’ intention to list 44% of the total number of shares on the Bucharest Stock Exchange, according to an announcement more

11.17.2016

Romania's auto market grew 17.5% in annual terms in January-October 2016, to 114,960 units, the Romanian Automotive Manufacturers and Importers Association (APIA) said Thursday. more

10.24.2016

The cigarette black market in Romania increased to 18.3% in September, from 14.9% in July 2016, which was the highest growth registered by cigarette smuggling in the last two years and above the more

10.23.2016

Romania’s yogurt market increased in the first half of 2016, in terms of both volume and value, along with people’s interest in food alternatives supporting health, according to Adrian Pascu, more

10.23.2016

The Romanian division of German business software solutions provider SAP, one of the world’s largest business software solutions providers, is one of most dynamic subsidiaries regarding the growth more

10.21.2016

Mars Romania, whose portfolio includes brands like Snickers and Orbit, has appointed Geanina Babiceanu as Market Director for Romania, effective November 2016. more

10.19.2016

The private healthcare market still is at a very low level in Romania and is expected to see an annual growth of 20%-30% in the future, based on Romanians’ need to enjoy quality healthcare services more

10.16.2016

The average volume of trades on Bucharest Stock Exchange is currently below EUR10 million (RON45 million) a day but the value could double in a few years if the Romanian capital market is upgraded to more

10.10.2016

Romania’s courier services market, which rose 13% on the year, to EUR370 million, in 2015, is expected to exceed EUR400 million in 2016, in the context of higher economic growth and of companies and more

10.06.2016

The BET and BET-TR indices will have a variable component, with minimum 10 and maximum 15 companies, compared to the current fixed one, which includes 10 companies. more

09.25.2016

Romania’s pharmaceutical retail market has seen major changes over the last year, in the context in which the administrative reduction of drug prices applied last year slashed drugstores’ revenue more

09.23.2016

Shares of oil and gas company OMV Petrom (SNP.RO) fell nearly 4% on Friday, trading at RON0.2480/0.2490 per unit, after investment fund Fondul Proprietatea said it would proceed with a partial sale of more

09.22.2016

Bucharest office market continues to be attractive for IT, telecom and outsourcing companies, with 370,000 sqm of spaces delivered in 2016, of a total stock of 2.7 million sqm, followed by Iasi city, more

09.21.2016

The officials of the French-held hypermarket chain Auchan, which has about 10,500 employees in Romania, say the labor market is extremely difficult in this country, comparable to the situation in more

09.20.2016

Cris-Tim, one of the largest local meat processors, plans to enter wine market next year, under Casa Timis brand, after the company already entered the dairy market, Cris-Tim owner Radu Timis told a more

09.20.2016

Romania’s pharmaceutical market has seen its third change of leader in seven years, as US-held AbbVie beat Sanofi to the top spot. more

09.19.2016

Between July 2015 and June 2016, the value of medicines released to patients in Romania reached RON11.94 billion, down 4.4% compared with the period from July 2014 to June 2015, according to a study more

09.15.2016

Romania’s factoring market rose 15.5% on the year in January-June 2016, to EUR1.75 billion, and domestic factoring saw the highest year-on-year growth, of 20%, to nearly EUR1.35 billion, according more

09.14.2016

Romania’s pharmaceutical market may witness a decline of several percentages in 2017, keeping the current trend, Petru Craciun, general manager of market research company Cegedim Romania, said 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

09.12.2016

South-African investment fund New Europe Property Investments (NEPI), the largest player on the Romanian real estate market, has decided to delist its shares from the AIM market in London. more

09.01.2016

Greg Konieczny, vice-president of Templeton Emerging Markets Group and manager of Romanian investment fund Fondul Proprietatea, said Romania is seen as the most attractive frontier market in Eastern more

08.31.2016

Grawe Romania, part of Austrian group Grawe, was licensed by the Financial Supervisory Authority (ASF) to sell mandatory car insurance policies (RCA) and voluntary car insurance (Casco). more

08.31.2016

Romanian consumers spend 5.5 billion lei (EUR1.23 billion) a year in bars and cafes, one of the most heavily fragmented markets in the country’s economy, ZF has calculated based on the data provided more

08.30.2016

Insurance company Euroins has decided to enter the private health insurance market, one of the liveliest niches in the insurance industry at the moment, considering that Euroins sells mostly mandatory more