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

08.29.2016

Romania’s stationery and office supplies market has developed over the last years, along with expanding the portfolio and the range of products, and it is valued at over EUR250 million, according to more

08.29.2016

The BET index, the most important index of the Bucharest Stock Exchange, on Friday closed at the highest level of 2016, having recovered most of the losses of January and February over the summer, more

08.25.2016

The five largest publicly listed energy companies that are either state-run or in which the government still holds a significant stake had 4.39 billion lei (EUR984 million) cash in their accounts at more

08.23.2016

Romanian debt collection market is estimated to grow by minimum 8% in 2016, to EUR2.7 billion, given the general market trend and the value of the portfolios to be put up for sale, according to more

08.23.2016

The Romanian seafood market reached EUR35 million in 2015 and could grow by 5% this year, as Romanians became interested in such products, preferring shrimps, mussels, calamari and octopus, according more

08.17.2016

Romania's auto market grew 14.8% in annual terms in January- July 2016, to 75,869 units, in the context in which vehicle sales saw an increase of nearly 13% to over 61,000 units, the Romanian more

08.11.2016

The Romanian financial leasing market saw a 25% increase in the first six months of 2016, to nearly EUR1 billion, the association of financial companies ALB Romania said Thursday. more

08.04.2016

Insurance companies in Romania sold insurance policies worth RON2.4 billion (EUR540 million) in the first three months of 2016, up over 9% against the same period in 2015, according to data from the more

08.03.2016

Romanian insurance market rose over 9% on the year in January-March, to RON2.4 billion, according to official data provided by the Financial Supervisory Authority (ASF). more

08.01.2016

Romania’s pharmaceutical market continued its decline in 2016, posting a decrease of 6.12% between June 2015 and May 2016. However, the first half of 2016 brought a change in the ranking of more

07.24.2016

Romania’s insurance market posted net loss of over RON3 billion (EUR700 million) between 2006 and 2016, considering that it ended 2015 with a loss of RON267 million (EUR60 million), according to more

07.22.2016

In the months of June and July 2016, searches for properties generated by Romanian users settled in Great Britain saw an increase of over 63% compared with the same period in 2015, according to real more