06.01.2012

Catia Radulescu, Centrofarm’s new chief executive officer, said the development of the retail pharmacy chain will be intensive over the coming period, which means it will focus on expanding the more

05.23.2012

Petrom, the largest oil company in Romania, is preparing its strategy for the next decade, and the document will be presented this summer, according to the latest available information. more

04.10.2012

Romanian providers of civil auto liability insurance (RCA) may be required to send an estimate regarding the segment's indicators every year to the market regulator, CSA, to be used in a risk more

04.05.2012

Romania will continue its nuclear energy strategy, but there might be some important changes in the near future, and the government needs to consider issuing state guarantees for the funding of more

03.20.2012

Romanian Prime Minister Mihai Razvan Ungureanu will propose the signing by the Parliament of a political declaration on the application of the 2012-2015 National Anticorruption Strategy, which more

02.13.2012

Businessman Nicolae Sarcina, who owns the Succes store chain, plans to focus on hypermarkets and private brands in 2012. more

02.10.2012

Romania’s budget will focus on the support of economic growth through fiscal stability, as well as improved tax collection, the fair application of fiscal legislation and the prioritization of more

02.09.2012

Rand Sherif, CEO of Interbrands, leader of the fast moving consumer goods distribution market, pursued a strategy of increasing spending in the past year, which in fact boosted its turnover by 15%. more

01.20.2012

As soon as Romanian lender Banca Transilvania (TLV.RO) announced the resignation of its chief executive officer, the question on everybody’s lips was: why did Robert Rekkers leave? more

12.16.2011

Volksbank will continue to operate on the Romanian market, and an interruption of activity is out of the question, Friday said the bank’s chief executive officer Johann Lurf, adding shareholders more

12.12.2011

French financial group Societe Generale will seek to implement BRD’s commercial and retail strategy on other markets as well, a strategy that brought it major earnings and helped it during the more

12.08.2011

The progress of Banca Comerciala Carpatica (BCC.RO), controlled by Sibiu-based businessman Ilie Carabulea, will depend over the next year on how much the lender will consolidate by attracting a more

12.07.2011

The crisis forced Scandia Foods, one of the largest companies on the local canned food market to redefine its strategy. The producer of the Bucegi pate, facing low consumption on the local market, more

12.07.2011

The Michelin group, one of the leading tire manufacturers worldwide, plans to expand production to Eastern Europe, which would serve the European market, through a new investment in a plant in the more

12.06.2011

The Michelin group, one of the largest tire makers worldwide is considering opening a new plant in Romania. more

11.29.2011

Pharmaceutical marketing and retail firm Romastru Trading plans a turnover of EUR90 million this year and it has started a process of regional expansion that could double its turnover in the long run. more

11.23.2011

Daniel Turnheim is the youngest member of the management of Petrom (SNP.RO). He took over as chief financial officer a year ago. The 36-year old executive’s appointment came at a time when the only more

10.25.2011

Agricola Bacau, one of the largest local poultry meat producers, on Tuesday said it will invest some EUR3 million to launch over 100 stores over the next two years. more

10.24.2011

Brasov-based Retail Center Association (RCA) is the new owner, starting October 1, for the Spar supermarket franchise in Romania, previously owned by Astral Impex, a company controlled by the Cuc more

10.24.2011

The sales of IT firm Total Soft may rise by 20%-25% this year, to EUR25 million, while earnings before interest, taxes, depreciation and amortization (EBITDA) may rise by 35% on the year, to EUR5 more

10.18.2011

Computer protection software producer Bitdefender will float stock within 2-3 years, but more importantly it needs to develop a product that turns it into a leader with a vision, according to Florin more

09.22.2011

Gerhard Roiss, the head of Austrian oil group OMV, Thursday said he has informed Romanian President Traian Basescu and Prime Minister Emil Boc on the group’s strategy for activities in Romania, and more

09.19.2011

The operations Millennium BCP runs in Poland, Greece and Romania, will from now on be considered by the group as non core, i.e. will be treated as assets no longer essential for the business and could more

09.15.2011

Romania’s energy strategy for 2011-2035 will be amended and put up for public debate by the end of October this year, Thursday said Alexandru Sandulescu, director within the Economy Ministry. more

09.14.2011

Romania’s draft National Anticorruption Strategy for 2011-2014 sets a series of measures aimed to prevent corruption, such as declaring gifts, transparency in decision making, or setting a register more