12.17.2013

The year 2013 has been full of events for the local retail sector, from changes of executives to hundreds of store openings inaugurated by most companies in the sector. more

11.27.2013

Romania’s mandatory (Pillar II) private pension funds will cash contributions of EUR870 million in 2014 and reach net assets of EUR4.2 billion at the end of next year, from EUR2.96 billion on more

11.26.2013

Romanian private lending fell 1.2% in real terms to 221.02 billion lei (EUR49.72 billion) in October, from RON223.1 billion a month earlier, central bank data showed Tuesday. more

11.07.2013

Sales of private label products increased by 34% on the year in 2012 on the food segment and by 36% on the non-food segment, according to a report by Romania’s Competition Council released Thursday. more

11.07.2013

Contributions to the mandatory private pension system (Pillar II) will increase from 4% to 4.5% of employees’ gross income in 2014, according to Romania’s draft state budget for next year, more

10.29.2013

On a fast moving consumer goods market that is progressing in small steps (below 5%), the private label products developed by retailers are the only ones to see significant growth, says Hans Dewaele, more

10.28.2013

The net profit of Romanian mandatory (Pillar II) and voluntary (Pillar III) private pension funds reached 462.8 million lei (EUR104.2 million) in the first half of 2013, up 41% on the year, according more

10.28.2013

Banks’ supremacy on the market of government bonds is about to end after local clients of government bonds, who include pension funds, as well as foreign clients have boosted their portfolios to more

10.23.2013

Romanian private lending edged up 1.1% in real terms to 223.1 billion lei (EUR50.3 billion) in September, from RON221.9 billion a month earlier, central bank data showed Wednesday. more

10.11.2013

The private medical service market, which was almost non-existent ten years ago, reached EUR521 million last year and has been among the fastest growing sectors in the last few years. more

10.07.2013

The net assets of Romanian mandatory (Pillar II) and voluntary (III) private pension funds reached 13.5 billion lei (EUR3.02 billion) at the end of September, the Romanian association of private more

09.30.2013

The private banking division of UniCredit Tiriac Bank has reached a portfolio of nearly 3,000 clients following the transaction completed earlier this month whereby the bank took over all the retail more

09.25.2013

Private healthcare providers are complaining that the government is distributing healthcare money at its discretion and there is no predictability in dealing with the authorities. more

09.24.2013

Romanian private lending edged up 0.4% in real terms to 221.9 billion lei (EUR49.62 billion) in August, from RON221.4 billion a month earlier, central bank data showed Tuesday. more

09.24.2013

Overdue debts of private companies and state-owned companies in Romania increased between 2008 and 2012, reaching around 20% of the country’s gross domestic product (nearly RON120 billion). more

09.09.2013

More than half of EUR2 billion Romanians spend on private label products goes to foods and the rest to beverages, home cleaning products and personal care products. more

09.02.2013

One of the most important electricity producers in Romania, Hidroelectrica, has spent more than EUR260,000 excluding VAT on contracts with international recruitment firms to find private sector more

08.26.2013

Romanian private lending inched down 0.9% in real terms to 221.43 billion lei (EUR50.3 billion) in July, from roughly RON224.2 billion a month earlier, central bank data showed Monday. more

08.25.2013

Wage raises in the Romanian private sector slowed down this year to 4.6%, from 5.1% in 2012, but were above the inflation rate, according to this year's edition of the salary and benefits survey more

08.14.2013

Highest-paid employees in Romanian state-run companies earn net wages of EUR640 to EUR1,500 per month. more

08.12.2013

From a revenue of EUR100 million and a surplus of EUR48 million in 2008, Spiru Haret University saw its revenue fall to EUR32 million and its profit to EUR0.4 million last year. more

07.29.2013

Investments of private equity funds in Romania amounted to only EUR27 million in 2012, a record low over the past six years, while exits rose to EUR120 million, according to the European Private more

07.23.2013

Romanian private lending rose 1.1% in real terms to 224.16 billion lei (EUR50.67 billion) in June, from RON221.6 billion a month earlier, central bank data showed Tuesday. more

07.10.2013

Mandatory and voluntary private pension funds in Romania registered average annual yields of 11.4% and 9.4%, respectively, over the past five years and their assets reached 12.2 billion lei (EUR2.75 more

07.01.2013

The leading retailer in Romania, Kaufland, plans to increase the share of private label products in the total sales from 18% to 30% in five years. more