10.02.2012

Several companies in the UTI group have merged into one group this year – UTI Grup Romania - in order to prepare the company’s listing on a regional stock exchange, which is set to take place over more

08.01.2012

Romania’s planned energy company Electrocentrale Group will be operational by the end of September, state-run power producer Termoelectrica said in a statement Wednesday. more

07.11.2012

Porsche Finance Group Romania on Wednesday announced it has appointed Christoph Binder as chief executive officer, replacing Alexander Nekolar who was appointed member in Porsche Bank AG Salzburg more

05.14.2012

Private Romanian wind energy company Monsson Group has sold a 108 megawatts wind farm project in southeastern county of Constanta to Germany’s electricity producer STEAG, it said Monday. more

05.08.2012

Romanian Tender Group, controlled by local businessman Ovidiu Tender, will invest $100 million in exploration works at an oil field in Senegal/Guinea-Bissau, western Africa, the group’s owner said more

04.12.2012

Mediafax Group Romania has signed an agreement with Condé Nast International to publish in Romania men's magazine Gentlemen’s Quarterly (GQ) and women’s magazine Glamour, according to a press more

03.19.2012

Romsys, one of the largest IT&C integrators on the local market, held by Austria’s New Frontier Group, is in talks to buy two IT companies in Romania, Horatiu Berdila, chief executive of Romsys, more

02.21.2012

US fast food giant Subway will launch its first restaurant in Romania in April, within the Palas complex developed in northeastern city Iasi by the Iulius Group, the mall owners said Tuesday. more

01.17.2012

Wind farm developer Monsson Group, owned by businessman Emanuel Muntmark, will invest some EUR250 million in the construction of a wind farm in southeast Romania. more

12.20.2011

The ranking of the top ten infrastructure projects awarded this year shows that the Transport Ministry is finally prioritizing spending and moving money from road repairs to highway construction. more

12.16.2011

The European Bank for Reconstruction and Development will invest EUR6.8 million in the Green Group recycling park in Romania, the first such park in the country, the bank said in a statement Friday. more

11.29.2011

Porsche Finance Group Romania on Tuesday announced it has appointed Alexander Nekolar as chief executive officer, replacing Kurt Leitner who was transfered to a new position within the Porsche Group. more

11.28.2011

Andreas Treichl, the man who has been at the helm of Austria's Erste Group Bank (EBS.RO) since 1997, could be confirmed for another term as chief executive officer as early as next month, as his more

10.31.2011

Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday approved selling its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), people familiar with more

10.20.2011

China Gezhouba Group International Engineering, active in transport infrastructure, energy and tourism, expressed its intention of “firm” involvement in the construction of the Tarnita-Lapustesti more

10.19.2011

Romanian nuclear power plant operator Nuclearelectrica on Wednesday signed an agreement with China Guangdong Nuclear Power Group, allowing the Chinese company to view the literature on the more

09.21.2011

Porsche Finance Group on Wednesday said it has granted funding worth a total EUR73 million in the first six months of the year, up 15% on the same interval of 2010, helped mainly by the leasing more

09.09.2011

The group of companies owned by businessman Nelu Iordache, which includes lowcost airline Blue Air and construction firm Romstrade, expects sales to reach some EUR500 million this year, compared to more

08.03.2011

Austria’s Erste Group Bank (EBS.RO) Wednesday said it awaits a decision from minority shareholders in its Romanian unit Banca Comerciala Romana (BCR) following discussion about the Romanian bank more

07.13.2011

After making acquisition after acquisition in recent years, so that it came to own four major Romanian brands it was feeling comfortable with, Austria’s Vienna Insurance Group (VIG) made the more

06.03.2011

Property developer Globe Trade Center, or GTC, on Friday announced plans to develop a 30,000-sqm office tower in Bucharest, in partnership with Ana Group, a company owned by Romanian businessman more

05.31.2011

International Automotive Components Group will invest EUR58 million in a car part factory in Bals, southern Romania, which will be entirely operational in early 2012, although its first products will more

05.26.2011

Pelican Impex, controlled by four doctors in Oradea, has started to build a hospital in Cluj-Napoca with a total area of 23,000 square meters, which will require a EUR50 million investment, according more

05.25.2011

Erste Group Immorent (EGI) Romania, unit of Austria’s group Erste, is negotiating total financing of EUR120 million for real estate projects this year, well above the EUR22 million financing more

05.13.2011

Romanian measuring device maker Contor Group (CGC.RO), which went bankrupt early-May, posted a net loss of 1.6 million lei (EUR390,000) in the first quarter, compared to a net profit of RON729,000 in more