02.29.2024

Venture capital investment fund Early Game Ventures (EGV), launched in 2018 and the most active investor in tech startups in Romania, has received approval for a significant tranche of financing for more

01.10.2023

The shift to hybrid work from remote work, together with the fact that a rising number of employees will be tempted to take up a second job to boost their revenues on the long term are the main labour more

04.20.2021

The second-hand fashion market in Romania is developing like the regular fashion market, so retail and chains are emerging. This market started taking shape in Romania more than a decade ago but did more

05.29.2019

The clothing market is clearly dominated by three international giants - Inditex (Zara), H&M and Pepco, which have almost 400 stores and more than 3.5 billion lei (EUR760 milion) sales a year more

05.22.2018

Carmaker Ford confirmed Tuesday it is investing up to EUR200 million and creating an additional 1,500 jobs to manufacture a second vehicle at its assembly plant in Craiova, southern Romania. more

04.26.2018

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11.16.2017

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07.31.2017

Second-hand car sales grew 130% on year in the first six months, new car registrations grew 27%, and imported second-hand car registrations grew 86%, exceeding 250,000 units, according to a report by more

04.15.2016

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01.13.2016

The local auto market reached more than EUR3.7 billion last year, according to ZF calculations, EUR2.5 billion of which old cars imported from Western Europe. more

01.12.2016

Mihai Sindrilaru, the Romanian executive who developed the New Yorker fashion brand in Romania over the past eight years, has become international retail manager for five countries of second hand more

11.10.2015

Real estate investment firm Globalworth, founded and run by Greek businessman Ioannis Papalekas, has bought the second building of the Green Court office compound in Bucharest from Swedish-held more

08.17.2015

International giants like Inditex (Zara), H&M and C&A, dominate the European fashion retail market, as well as the Romanian market, where their sales reach almost 1.7 billion lei (EUR384 million). more

11.03.2014

Victor Ponta and Klaus Iohannis will run in the second round of presidential elections in Romania after a first round where none of the other candidates became a serious option that should tip the more

12.13.2013

This year will see the second highest level of used car imports in a decade, 225,000 units, and the average age of the car stock in the country is rising towards 14 years compared with 11 in early more

12.03.2013

Cattle exporters in Romania delivered about 3,000 trucks full of calves in the first nine months of 2013. One truck carried 60 calves weighing 200 kilos each, which translates into EUR95 million more

07.19.2013

The number of second hand cars up for sale at EUR20,000-100,000 on online platform online Autovit.ro increased 21% in the first half of 2013, while the number of cars for sale at EUR3,000-10,000 saw a more

05.07.2013

Zoltan Brassai, general manager of Ford Romania, who is in charge of the company’s sales, is concerned that the Romanian “Rabla” clunkers scheme could become a scheme where old cars are replaced more

04.17.2013

New car registrations fell 20% to 11,200 units in the first quarter on the year-ago period, according to the Driving License and Vehicle Registration Department (DRPCIV). more

07.25.2012

Volkswagen and Opel were leaders on the Romanian second-hand car market regarding the number of registrations in the first half of the year, according to Auto.ro. more

05.15.2012

The number of second hand cars registered for the first time in Romania increased by 32% in the first four months of the year to 46,620 units, from 35,400 units in the same interval a year ago, more