04.27.2012

Romania's state-owned radio broadcasting company SRR last year had revenue of 195.2 million lei (EUR44.6 million) from the radio fee, and over RON4 million from advertising, reporting total revenue of more

04.19.2012

Romania is a less risky debtor compared to more veteran EU members such as Spain, Italy or Hungary, but the country is still paying higher interest rates on its sovereign debt compared to the first more

04.18.2012

The value of real estate transactions concluded in the first quarter of the year in Romania amounted to EUR99 million, but the overall real estate activity remains modest as the number of realty deals more

04.12.2012

Romanian national television company SRTv registered a loss of 160.8 million lei (EUR36.7 million) in 2011, down 0.71% on the year, and total revenues of about RON583 million, according to its report more

04.12.2012

Romania's national TV network (TVR) earned 29,551,980 lei (EUR6.75 million) from advertising in 2011, 20.94% lower compared with 2010, according to its report presented to the Parliament on Thursday. more

03.30.2012

The fiscal adjustment in Romania, which entailed a 25% cut in public sector wages, lower social contributions and a higher value added tax, could have been more gradual, with a lighter impact on the more

02.20.2012

Developers have completed logistics and industrial projects in Bucharest with a total surface of 10,000 square meters last year, according to a report released Monday by realty advisors Colliers. more

12.30.2011

Inflation might temporarily declined below 2.5% in the first half of next year, mainly due to a favorable statistical base effect, but the central bank might reduce the key rate b 0.5 percentage more

11.15.2011

Over one third of Romanians blame the West for the economic crisis and the population’s support for democracy and free markets decreased over the past five years, according to a report published more

11.15.2011

The debt funding gap on commercial real estate in Romania stagnated at some $2 billion in the first nine months, namely 5% of the overall investment, a percentage similar to the one in UK, but lower more

11.08.2011

Lenders Banca Transilvania (TLV.RO), CEC Bank and Volksbank Romania may soon become candidates for takeover or state-led privatization, according to a banking sector report published Tuesday by more

11.07.2011

Poor quality of services and infrastructure affect Romania’s ability to make more money off tourism, and the country needs to attract more foreign investments in this sector, as well as know-how and more

11.04.2011

The prices of new homes may continued to decrease in Bucharest, given the reduced sales seen this year and the probability for demand to remain low in the near future as well, according to a report by more

10.20.2011

Romania dropped seven positions in the World Bank’s annual report Doing Business ranking 72nd among 183, mainly because it now asks for a tax clearance certificate for a new company’s more

10.19.2011

The average wealth of a Romanian rose by around 12% on the year to $13,987 in 2011, ranking the country 59th in a global chart by investment bank Credit Suisse AG. more

10.10.2011

Romania has a fiscal risk close to the EU average, and twice lower than the Greece's index value, according to a report published Monday by the European Commission. more

09.20.2011

Levels of economic freedom in Romania have improved over the past year, pushing the country up 37 places to 48th in a ranking released by Canadian think-tank Fraser Institute. more

09.12.2011

Credit risk is the main vulnerability of the Romanian banking segment, but pressure on bank asset quality is expected to decrease in the future, as economic growth is consolidated and banks tighten more

08.19.2011

Internet, television, data and IT&C services brought Romtelecom almost EUR200 million out of total revenue of EUR744 million in 2010, but landline telephony remains the main cash generator for the more

08.02.2011

The entertainment and media industry in Romania will register an average annual growth rate of 8.8% between 2011 and 2015, shows this year’s edition of the PwC Global Entertainment and Media Outlook more

07.28.2011

Romania is having a good farming year, as its yield per hectare is above the average in the last five years for most crops, while the wheat, barley and potato harvests exceed last year's yield, more

07.28.2011

German-held Praktiker, which owns the largest DIY store chain on the Romanian market (27 stores), continued its decline in the first half, when sales went down by 28.8% to EUR68.7 million. This means more

07.20.2011

Romania’s President Traian Basescu said Wednesday the European Commission’s report on Romania’s justice system is correct and shows both the progress the county made to render its judiciary more

07.20.2011

The European Commission asks Romania to speed up the resolution of high-level corruption cases, so as to avoid prescriptions in all cases, and also suggests it adopt clear procedural rules on the more

07.20.2011

Romanian President Traian Basescu said Romania considers it is unfair to use the Cooperation and Verification Mechanism as a condition for Schengen accession but can’t ignore the fact that some EU more