01.19.2021

Modern retail chains in Romania are preparing to open 400 new stores in 2021 and spend EUR700 million to EUR800 million on expansion, on upgrades and logistics, ZF has found from the data they more

01.05.2021

Romania’s Prime Minister Florin Citu announced Monday evening that state-owned companies with losses will receive state budget funds only based on restructuring plans. more

12.28.2020

Creditors of Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), suspended from trading since February 2017, approved the reorganization plan submitted and undertaken by the more

07.01.2020

The economic relaunch plan proposed by Romania’s liberal government stipulates grants worth EUR25,000 for companies hiring youths and the stimulation of telework by granting EUR500 to each employee more

04.30.2020

Romania's finance ministry plans to raise RON4.1 billion selling bonds and bills on the local market in May, after raising RON5.7 billion in April. more

03.30.2020

Telekom Romania will not reduce headcount and will not put employees on furlough, CEO Miroslav Majoros said in a teleconference Monday. more

02.11.2020

Foreign grocery retailers will be spending almost EUR1 billion this year to open 400 new stores, develop new logistics facilities, online commerce and go digital. more

10.29.2019

Shares of Farmaceutica Remedia Deva (RMAH.RO), which operates a 100-pharmacy chain, gained 15% on the Bucharest Stock Exchange Tuesday after the wholesaler announced it was looking to sell its entire more

09.26.2019

US fast food brand Burger King returned to Romania as a franchise, this time with Poland’s Amrest group, which also operates the Starbucks franchise. Amrest has an about 200 million lei (EUR42 more

07.26.2019

Charles de Gaulle Plaza office building in Piata Aviatorilor in Bucharest, held by Germany’s GLL Real Estate, is up for sale, real estate market sources say. GLL Real Estate is part of Australian more

04.30.2019

Romania's finance ministry plans to raise nearly RON3.5 billion and EUR250 million selling state paper in May. more

03.14.2019

more

03.06.2019

Renault, ING, Deloitte, Enel, UPC, WPP, BNP Paribas and Medicover are among the companies that will move into new offices this year. The eight companies have signed leases for 100,000 square meters of more

01.24.2019

Companies in the construction materials sector started 2019 with investments in their budgets, even though the market appears to be unpredictable due to the Emergency Ordinance 114/2018 introducing more

01.03.2019

Portuguese-held real estate investment company Sonae Sierra, one of the two developers of the Park Lake Mall in Bucharest, says it plans to expand with new projects in Romania, as the local market is more

12.27.2018

The Continental group, the largest automotive component manufacturer in Romania, is planning new investments for 2019 as its research and development and electronic component divisions are expanding. more

11.05.2018

The next two years will be bumpy for Romania, says Ioan Popa, chairman of the largest chicken business in Romania, Transavia, but he is working on securing the business and is considering buying a more

07.16.2018

Romania remains a country of contrasts, because, even though the economy and salaries are on the rise, and the job supply is greater than demand, half of the young people are actually planning to more

07.16.2018

Businessman Dorel Goia, the majority shareholder of construction materials manufacturer Teraplast based in Bistrita, is looking at the Central European countries for opening new plants, after having more

02.07.2018

Romanian managers complain too much about legislative and fiscal changes, red tape and infrastructure in Romania instead of looking at the ‘excellent’ opportunities for business. more

01.30.2018

The small format segment – supermarkets and modern convenience stores, numbers about 1,600 stores in Romania with EUR2.5 billion annual sales, dominated by Profi, Mega Image and Carrefour, but more

10.05.2017

Baneasa Developments, the operator of the Baneasa Shopping City mall in northern Bucharest, plans to invest around EUR1.7 billion by 2026 to expand its shopping area, residential and office projects. more

09.28.2017

Romania's government has approved a five-year plan to reorganize state-owned postal operator Posta Romana and render the company profitable, the ministry for information society said. more

06.29.2017

The owners of the four-star Zenith-Top Country Line – Conference & Spa Hotel (formerly Golden Tulip and Fantasy Beach) in the north of the Mamaia resort, one of the biggest on the Romanian seaside, more

03.15.2017

UPC Romania, the second leading cable TV operator and third leading fixed Internet provider in this country, plans to continue expanding its fixed network at the same pace of 250,000 to 300,000 more