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Economy Ministry validates two offers for private managers (25-01-2012)

The offers submitted by Egon Zehnder and Spencer Stuart companies to select the managing directors for the state-owned Hidroelectrica, Oltchim, Electrica Supply and the National Company Full story

Lidl reaches 132 stores in Romania (25-01-2012)

German discounter Lidl has opened two new stores in Dolj County (south) and Iasi County (east), and thus its chain in Romania has reached 132 units, Full story


Companies outside EU to be traded on BVB (25-01-2012)

The Board of the Bucharest Stock Exchange (BVB) has altered the Stock Code to enable the trading on the alternative trading system (ATS) of some companies Full story

Dacia Lodgy to be launched in Romania in June (25-01-2012)

The Romanian based automaker Dacia has recently announced that the new Lodgy model will be officially launched locally in June.Even if the model is wearing the Full story


Minister Ialomitianu: Stock for debt swap at CFR neither wipes debt nor breaches EU (18-01-2012)

The stock-for-debt swap of the CFR company debts, estimated at about a billion euros, does not represent wiping off debts but a procedure to restructure a Full story

Economic and financial audit service to check budgets, investments of state-owned companies (18-01-2012)

The economic and financial audit service that will be set up with the Ministry of Public Finance (MFP) will check the revenue and expense budgets and Full story

Romania's only dangerous goods warehousing facility, a EUR 10 ml investment (18-01-2012)

Germany's logistics concern Dachser opened in the southern city of Ploiesti a warehousing facility for dangerous goods, the only of this type in Romania, following an Full story

Siveco Romania posts 67 mln euros in 2011 turnover (11-01-2012)

Siveco Romania posted 67 million euros in 2011 turnover, up from 60 million euros reported in 2010, the software integrator said in a press release Full story

Johnson Controls opens motorcar chair making plant in Craiova (11-01-2012)

The global producer of motor vehicle components Johnson Controls will open a plant making motor vehicle chairs on January 30, in Craiova (southern Romania), According to Full story

Affichage Holding SA becomes sole shareholder of outdoor advertising operations in Romania (11-01-2012)

Affichage Holding SA at present owns 100 percent of the shares of the Romanian companies affiliated following a settlement agreement closed with the current minority shareholder, Full story

Orange Romania tops Competition Council-given fines (11-01-2012)

Orange Romania tops the fines given by the Competition Council to the Romanian companies since having been established, for having broken the market competition laws, according Full story

Arpechim refinery in Romania set to return to state ownership (11-01-2012)

The Romanian state will take back the Arpechim refinery in Arges county, with state officials currently in talks with OMV Petrom representatives concerning the handover process, Full story

Capitalization of companies listed on BVB down 8 bln euros in 2011 (04-01-2012)

The capitalization of the companies listed on the Bucharest Stock Exchange (BVB) slumped by 8 billion euros in 2011, down to 16 billion euros at the Full story

Companies appointing managers of Hidroelectrica, Electrica Distribution, Romarm, Oltchim to be selected in Jan (04-01-2012)

Ministry of Economy, Trade and Environment (MECMA), in Jan 2012, is to select the candidates to run for the managerial posts in companies such as Hidroelectrica, Full story

Seven companies submit bids for construction of Alum Tulcea thermal power plant (04-01-2012)

Seven companies are interested in building the cogeneration thermal power plant of 250 MW based in Tulcea, owned by Vimetco NV, according to a release of Full story

ONRC: Activity suspensions down 69.8 pct in first 11 months (04-01-2012)

Requests for suspension of activity plunged by 69.8 in the first 11 months of the year compared to the same period of 2010, while the number Full story

Gov't asks state-run companies to transfer 85 pct of profit to state budget (04-01-2012)

The Executive late on Tuesday adopted a memo to establish the quota the state-run companies are forced to transfer to the state budget from their annual Full story

National Maritime Ports Administration Company posts 45 pct higher pre-tax profit (04-01-2012)

The pre-tax profit of the Constanta National Maritime Ports Administration Company (CN APMC) SA increased over 45 pct in 2011, the management of the institution announced. CN Full story

Traian Basescu: Romania has resources to become more competitive (21-12-2011)

President Traian Basescu believes that Romania has resources to become more competitive, pointing out, however, that there is a difference between our country's economic data and Full story

It is totally excluded that Renault relocates Dacia production to Morocco, says President Basescu (21-12-2011)

It is totally excluded that production of Dacia cars will be relocated, in the future, at the Renault plant in Morocco, said President Traian Basescu, on Full story