05.07.2014

State-owned CFR Calatori, the largest railroad passenger carrier in Romania, ended last year with an operating loss estimated at 390 million lei (EUR88 million), from about RON537 million in 2012, more

05.07.2014

At the end of the first quarter of 2014, individual clients came to generate 65% of Centrul Medical Medsana receipts, up from 60% a year before, says Vassilis Chaniotis, general manager of the more

04.25.2014

The lending activity in Romania is still on a downward trend, with demand for loans showing no sign for recovery, despite many signs of improving economic environment. more

04.23.2014

The total profit of the eight mandatory private pension funds (Pillar II) in Romania reached RON1.25 billion in 2013, up 59% on the year, according to data released by fund administrators. more

04.10.2014

Centrul Medical Academica, a business held by Oprescu family, generated revenue of above EUR3.1 million in 2013, up 21% on the year, above initial expectations. This year, the company banks on an over more

04.09.2014

Private indebtedness levels in Romania are high for both population and companies, which need more capital to stay competitive, said Ionut Dumitru, chief senior economist with Raiffeisen Bank Romania. more

04.01.2014

Private healthcare group RomGerMed is “in advanced talks” with strategic investors in a bid to secure a capital inflow of more than EUR10 million, company officials said, without providing further more

03.25.2014

The lending activity in Romania settled on a downward slope, as demand for loans was scrimpy in the second month of the year, despite interest rate reductions in recent months. more

03.19.2014

Pilos, a private label of German-held retailer Lidl, and K-Classic, a private label of hypermarket chain Kaufland, accounted for 29% of the packaged milk market together in 2013, which ZF estimates at more

03.13.2014

Clinic network Anima is likely to include ten clinics in Bucharest at the end of this year, as the company has opened a unit in Progresul area and plans to open at least two others in Bucharest. more

03.07.2014

Romania’s new Government wants to set up a new structure for the administration of the state’s private property, to allow for the elaboration of a legislative framework needed to get the more

03.03.2014

World Class Romania, which operates 11 fitness centers in Bucharest, Timisoara and Cluj Napoca, will enter the portfolio of Polish fund Resource Partners, specialized in private equity investments in more

03.03.2014

Private healthcare company Sanador is set to strengthen its business this year by adding new services and expansion of the existent ones, but it doesn't plan to tap other cities, according to its more

02.25.2014

Romanian lender Banca Transilvania (TLV.RO) targets this year a 10% increase in both the number of clients and the value of managed assets for its private banking division, the bank said in a more

02.25.2014

The lending activity in Romania remained on a downward slope in January, as demand for loans remains subdued, despite interest rate reductions in recent months. 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

01.27.2014

Romanian private lending fell 4.7% in real terms to 218.46 billion lei (EUR48.2 billion) at the end of December 2013, from RON225.9 billion in the previous year, central bank data showed Monday. more

01.20.2014

Mergers & acquisition consultants are upbeat about a rebound of the Romanian M&A market, and the most dynamic sector will be financial services, which has stood out starting as early as 2013. more

01.13.2014

German-held supermarket chain Lidl, which entered Romania officially by taking over the Plus network in 2011, will continue to expand in 2014 at the same pace it did in 2013, 14 stores, driven by a more

01.12.2014

Nextebank will focus on niche services--namely on very small and small companies, as well as on individuals, with lending not including long-term products in the latter case--according to Horia Manda, more

01.12.2014

Private labels launched by store chains have in recent years conquered some of the most important ranges of Romanian retailers’ sales, such as vegetable oil, yogurt, soap or chocolate, where until more

01.09.2014

The major private healthcare providers announced investment plans in new clinics this year, as well as new hires, after a very quiet 2013 expansion-wise. more

01.08.2014

The year 2014 will be quite busy for the private equity firms that have been in Romania for a number of years, while others might exit after using up their allocations for the area, the managers more

01.06.2014

The average yield of Romania’s mandatory private pension funds (Pillar II) reached a three-year high of 11.75% in 2013, and their total net assets stood at 13.94 billion lei (EUR3.1 billion) in more

12.30.2013

Romanian private lending fell 0.6% in real terms to 219.7 billion lei (EUR49.2 billion) in November, from RON221 billion a month earlier, central bank data showed Monday. more