10.06.2015

Romania’s Competition Council approved the takeover of 19 Centrofarm pharmacies by Help Help Net pharmacy network, part of Farmexim group, the authority said in a statement Tuesday. more

09.16.2015

Romanian regional investment fund SIF Oltenia (SIF5.RO) posted the highest net profit of all five SIFs in the first eight months, at RON139 million, while in August alone, the fund’s profit stood at more

09.03.2015

Net investment in the Romanian economy grew 7.2% on the year in the first half of 2015, to RON26.87 billion (EUR605 million), driven by construction works and machinery and equipment, the country's more

07.22.2015

Help Net pharmacy network, part of Farmexim group, aims to open 30 more pharmacy units in 2015, expanding its network at over 200 units. more

06.04.2015

The Bucharest National Airport Company (CNAB) posted 14.5% higher turnover to RON150.3 million (EUR34.1 million) in the first quarter of 2015, from RON131.2 million in the year-earlier period, more

05.20.2015

Romania’s largest natural gas producer Romgaz (SNG.RO) targets a net profit of RON1.5 billion in 2015, higher by 7.2% than last year’s net profit which was the largest ever registered by the more

03.06.2015

OTP Bank Romania, part of Hungarian group OTP, posted a net profit of HUF765 million (EUR2.47 million) in 2014, after a net loss of HUF1.6 billion (EUR5.18 million) in the fourth quarter of 2014, due more

01.15.2015

Mutual funds ended 2014 with record net inflows of 4.3 billion lei (almost EUR1 billion), as bank deposit interests are not enough to cover the withdrawal fees after dropping to less than 3% per year. more

12.01.2014

Help Net pharmacy network, owned by Romanian entrepreneurs, started a rebranding process for the 175 units it operates and also launch an extension of the brand, Help Net Convenabil. more

10.23.2014

The European Commission has approved a EUR57.1 million investment, part of a EUR69 million project, for the development of broadband infrastructure of 3,265 kilometers in areas in Romania that lack more

09.17.2014

Local mutual funds attracted record high net inflows of RON3 billion in the first eight months of this year, a sign Romanians are ever more concerned about falling banking interest rates and finding more

09.16.2014

Qube Net Bucharest, owner of the www.avstore.ro online store, estimates its sales will rise 25% this year, from EUR2 million in 2013, driven by higher demand for state of the art audio and video more

06.17.2014

Softnews Net, the company behind the software distribution platform softpedia.com owned by Bogdan Gheorghe and Catalin Garmacea, registered net profit of EUR2.6 million in 2013 amid revenue of EUR4.9 more

06.04.2014

The banking system’s profitability figures were deeply corrected downwards from the initial amount reported by the Romanian central bank in the wake of moves by some auditors to revise the figures more

03.25.2014

The Bucharest Stock Exchange (BVB.RO) eyes a net profit of 10 million lei (EUR2.12 million) in 2014, up 10% on the year, and the increase of trades on the regulated market by 17.6%, at RON13.326 more

02.12.2014

Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) Wednesday said it registered 45% lower net profit on the year to 3.03 million lei (EUR0.67 million) in 2013. more

12.10.2013

Cristian Herghelegiu, former head of online store elefant.ro, has taken over as executive manager of software and IT solution provider Gecad Net. more

09.30.2013

Help Net, one of the largest retail pharmacy chains in Romania, plans to expand its network of 152 drugstores by opening 28 more units by the end of 2014. more

07.15.2013

The most profitable companies in Romania posted EUR3.755 billion net profit together last year. OMV Petrom (SNP.RO) was the top profit maker, with its EUR864.1 million accounting for 23% of the total, more

07.10.2013

Romania’s natural gas transporter Transgaz (TGN.RO) expects net profit of 271.9 million lei (EUR61.3 million) in 2013, down 17.4% from RON329.3 million last year. more

05.22.2013

Construction companies Spedition UMB and Tehnostrade, controlled by Romanian businessman Dorinel Umbrarescu, posted revenues of 1.2 billion lei (EUR276 million) and net profit of RON167.5 million in more

05.03.2013

Romanian dairy product maker Albalact (ALBZ.RO) expects net profit of 13.86 million lei (EUR3.2 million) in 2013, up 90% on the year. more

04.12.2013

Interbrands, Romania’s leading fast moving consumer goods distributor, reported more than EUR130 million in net sales in 2012, up nearly 20% on the year, even though consumer spending rebound was more

03.25.2013

Cezar Cursaru, former manager of Intrasoft International Romania, has taken over the position of chief executive officer of GeCAD NET, replacing Serban Prejoianu who was appointed deputy CEO more

02.15.2013

Romania’s average net wage reached 1,513 lei per month in 2012, four times as much as the ten years ago. But while the average net wage went up by 300% between 2002 and 2012, inflation rose by over more