12.05.2014

Romania’s energy sector requires investments of nearly EUR100 billion between 2015 and 2035, according to the country’s new draft strategy drawn up by the Energy Department. more

11.03.2014

One of the most important tasks for Silviu Popovici, the Romanian executive who is running the EUR5 billion Russian operations of soft drinks producer Pepsi Co, is to put together a team capable of more

10.14.2014

Siveco, Romania’s biggest software producer, has seen its public reputation shattered in one month after the detainment of Irina Socol, its co-founder and chief executive officer, and the link with more

09.29.2014

Romania needs a pharmaceutical industry development strategy because the industry's contributions to the state budget are major, Antibiotice Iasi general manager Ioan Nani said Monday at the ZF Pharma more

09.05.2014

Romania will focus by 2020 on developing ten economic sectors, among which tourism, the auto industry, information technology, energy, agriculture, textiles and the pharmaceutical industry, as part of more

06.25.2014

The government wants the number of small and medium-sized enterprises (SMEs) active in Romania to increase by over 40% by 2020, to 670,000 firms expected to employ 3.2 million people, compared to 2.6 more

06.06.2014

All fairs in Bucharest should be held at Romexpo or the expo center's employees would be sanctioned, said the new chief of the Chamber of Commerce and Industry(CCIR), Romexpo's majority shareholder, more

05.30.2014

Energy strategy should focus on the increase of energy efficiency and on continuing to support investments in this sector, head of engineering company Adrem Invest, Corneliu Bodea, stated. more

04.30.2014

The Romanian government asked the USA for assistance to reconfigure the national energy strategy, which also involves talks related to all natural resources, including shale gas, Romania’s Foreign more

04.25.2014

Romania's minister-delegate for energy Razvan Nicolescu said Romania will have its first draft energy strategy by October. more

01.26.2014

Romanian realty developer Impact (IMP.RO) estimates to obtain a turnover of nearly EUR26 million in 2015 and of around EUR50 million/year starting 2016, while its operating profit EBITDA is envisaged more

11.19.2013

Romania’s Department for Energy has received 20 bids from consulting firms interested in drafting the country’s new national energy strategy, Minister-delegate for Energy Constantin Nita said more

11.12.2013

Romanian state-owned airline Tarom has had to revise its operating model because of fierce competition and is looking into either tapping new markets, such as those in Asia, or going into the low cost more

10.07.2013

Romania features high in the rankings of energy production in the European Union -- it is number 5 in terms of oil and gas production and boasts major growth prospects given the recent Black Sea more

09.23.2013

Romania’s planned auction to select one or more companies to draft a new national energy strategy will be postponed to an unspecified date due to lack of funds to organize the proceedings, Energy more

09.19.2013

Romania’s future national energy strategy must serve the interests of the private sector and household consumers, rather than those of the state, Gabriel Dumitrascu, head of the Energy more

07.25.2013

Romania will organize an auction in August or September to select a firm to draw up a new national energy strategy, Minister-delegate for Energy Constantin Nita said Thursday, adding that he aims to more

03.06.2013

Romania’s Government Wednesday approved the privatization strategy for energy holding CEn Hunedoara. more

03.04.2013

Romania’s Government has changed the privatization strategy for CEn Hunedoara and plans to sell a 51% stake in the energy holding to a strategic investor through a sealed-bid auction, instead of more

01.31.2013

Romania’s government will sell a majority stake in state-owned freight company CFR Marfa through preliminary bidding negotiations followed by a sealed-bid auction, according to a draft Government more

01.24.2013

The revised fiscal-budgetary strategy for 2013-2015 can be considered a new governing program of the Ponta 2 Government and one closer to reality. Future policies will most likely be built around more

01.23.2013

Romania’s government has revised downward its estimate on the 2012 economic growth to 0.2% from 0.7% previously, according to the country’s Fiscal Strategy for 2013-2015. more

06.20.2012

The Romanian Economy Ministry secretary of state Rodin Traicu on Wednesday said the country’s new energy strategy will be completed by the end of July. more

06.13.2012

Four years ago, when the old Cocor store closed for an extensive upgrade program, it was over 90% rented and the average rent stood at EUR47 per square meter. Cocor Bucuresti (COCR.RO), which owns the more

06.05.2012

Almost one year since becoming chief executive of OMV, Gerhard Roiss gives a few clues about the prospects of Romania's largest oil and gas producer, Petrom, as well as its future challenges. more