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The benchmark exchange rate of the National Bank of Romania dropped 0.14 percent to 4.2178 lei per euro, the minimum level of the week, as increases of regional currencies influenced the national...
Renault will bring its new 5-star safety rated car Grand Scenic in Romania this year, in September.
The cash shortage and dried-up car sales have forced car dealers to apply discounts on even the best selling cars to lure buyers and clear inventory, and slashed prices by even 2,829 euros (almost...
Proprietatea Fund reported a net profit of 167.87 million lei in the first half, 47.4 percent below year-ago levels, the company announced.
Private equity firm GED acquired 60% stake in Total Eurobusiness (TEB), Romania’s leading cogeneration company by raising 6 million euros in capital. The total investment in the local company...
In 2008, almost all marketing communications groups in Romania have experienced solid growth in business. For the first time, two groups have passed the 100 million euro mark and saw their profits...
The benchmark exchange rate posted by the National Bank of Romania increased 0.15 percent to 4.2240 lei per euro, after the national currency depreciated in the early trades and then stabilized at...
Coca-Cola HBC Romania, the largest soft-drink distributor said it would close the bottling facility in Iasi, Romania, and that it would cutting nearly 200 jobs.
The international scheduled traffic results for July shows passenger demand declined 2.9% compared to the same month in the previous year, according to data provided by International Air Transport...
Revenues from the Group’s Romanian subsidiaries – BT Asigurari, OTP Garancia Asigurari and Asiban – declined by 11.9% to 104 million euros in a crisis-ridden environment that...
Emporiki Bank increased losses in the first half 2009 by 246% to 8.97 million euros from year-ago period, while total assets almost doubled year-on-year, the lender told NewsIn.
After the yesterday’s deal that involved 2.3% equity in Banca Transilvania, rumors regarding the sale of the whole company or a stake in it continued to buzz in the market. Brokers...
Romania had at the end of last year 80 employees hired in the public sector per 1,000 inhabitants, 19 more than Italy, 15 more than Spain and 11 more than Germany, a recent A.T Kearny survey found.
Adriana Pricope is as early May the new dealer manager of OKI Printing Solutions Romania. In her opinion, the most useless gadget found for sale is a sandwich-shaped flash drive.
Intesa Sanpaolo Bank Romania said its net operating profit fell 31% year-on-year in first half, to 16 million lei (4 million euros).
The benchmark exchange rate posted by the National Bank of Romania fell 0.20 percent to 4.2157 lei per euro, the lowest level since August 14, as the national currency strengthened in the early...
The Board of Directors of car parts maker Compa Sibiu (CMP) has pulled out of a merger deal with its wholly-owned Enercompa SRL, over high costs for inventory valuation, according to a press...
Nikon, Japan’s largest camera maker opened in Baneasa Shopping City its second store in Europe, after London, total investment amounting to nearly 200,000 euros, according to Nikon...
The Romanian cruise market was estimated at around 4 million euros in the first months this year, 33 percent more than entire year 2008, said the managing director of business consulting firm Net...