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Unilever invests EUR 50 million in expanding its local factory (07-12-2011)

FMCG producer Unilever has invested EUR 50 million in the past two years in expanding the production capacity of its detergents factory in Ploiesti by 30 Full story

Romtelecom selects the agencies that will manage its creation, online and media accounts (07-12-2011)

Romtelecom appointed the agencies that will provide services of creation, online strategy and media after a pitch that was launched a year ago and involved 20 Full story


Turkish investors sell Azomures majority stake (30-11-2011)

The six Turkish investors controlling the Azomures chemical fertilizer producer in Targu Mures (central Romania) late last week signed several agreements with the Swiss trader Ameropa Full story

PwC, KPMG and Taylor Dejongh Investment Bank submit consultancy bids for Oltchim privatization (30-11-2011)

PricewaterhouseCoopers Management Consultants, KPMG Romania and Taylor Dejongh Investment Bank submitted their bids offering consultancy services for Oltchim privatization. According to a release of the Ministry Full story


New Romanian Distributor for Cryptzone Announced (30-11-2011)

Cryptzone announces new distribution agreement with Tornado Technology in Romania. Tornado Technology has been at the vanguard of technology in Romania for the last decade and Full story

2,500 Iranian companies trade in Romania (30-11-2011)

There are over 2,500 companies in Romania with Iranian capital and in some sectors, a very noticeable presence. Also inter-governmental cooperation has increased conspicuously in the Full story

Tnuva close to pulling out of Romania (30-11-2011)

Tnuva's Romanian dairy is causing heavy losses, and is one of the first issues that new chairman Shlomo Rodev is tackling. Sources inform ''Globes'' that Tnuva Full story

BRD, Bank of the Year in e-Commerce (30-11-2011)

BRD-Groupe Societe Generale for the fifth year in a row received the title 'Bank of the Year in e-Commerce,' with more than 1.9 million deals, during Full story

US car parts plant inaugurated in Marghita town (30-11-2011)

The company TRW Automotive Safety Systems, a subsidiary of the US TRW Automotive Group, producing security and safety electronics, suspension systems, airbags and safety belts, inaugurated Full story

RBS borrows 7M euros to first Romanian frozen bakery products factory (30-11-2011)

RBS Bank (Romania) SA borrowed seven million euros to the greenfield project of the first Romanian frozen bakery products factory, due to be erected in Campia Full story

Mark Mobius (Templeton Emerging Markets): Romania's attention must shift towards Eastern investors (30-11-2011)

Romania's attention must shift towards Eastern investors, towards China, India and not towards the West, as these states could provide major opportunities for Romania, Executive Chairman Full story

SAP opens consultancy services centre in Romania (30-11-2011)

Business management software solution producer SAP, the Romanian branch is opening in Romania a consultancy services centre in line with the international standards - a Nearshore Full story

Ruukki Romania reports in 2011 all-time high results on local market (30-11-2011)

Manufacturer of metal structures Ruukki Romania, the local subsidiary of the Finnish Group Rautaruukki, recorded a turnover up 70 percent in the first 9 months of Full story

Flextronics invest 3.6 million dollars in a special unit for medical operations (23-11-2011)

Flextronics Co. has opened on Monday, in Timisoara (west), a special medical operation unit, based on an investment of 3.6 million dollars, according to company officials. Through Full story

BCR grants TMK Artrom SA credit facilities worth over 45 million euros (23-11-2011)

TMK Artrom, part of TMK European Division, one of the world's leading oil and gas steel pipe suppliers, received credit facilities of over 45 million euros Full story

Software, IT services business up 9.3 pct in 2010 (23-11-2011)

The Romanian software and information technology (IT) services sector posted a turnover of 2.39 billion euros in 2010, up by 9.3 percent on the previous year, Full story

Austrian Kapsch Group AG estimates a turnover of over 15 million euros in Romania, (23-11-2011)

Austrian IT & C Kapsch Group has officially opened a subsidiary in Romania and its projection is that it will achieve a turnover of over 15 Full story

Tenaris Silcotub invests 5 mln dollars in Ploiesti-based Service Centre (23-11-2011)

Seamless steel pipe producer Tenaris Silcotub on Thursday in Ploiesti (60 km north of Bucharest) inaugurated a Service Centre devoted to its clients operating in the Full story

Dacia, Nokia and OMV Petrom, Romania's major exporters in 2010 (23-11-2011)

The main Romanian exporters were Dacia, Nokia, OMV Petrom and Rompetrom Rafinare oil refinery in 2010, whereas the total amount of exports exceeded 37 billion euros, Full story

Reuters:SAP plans major investment in Romania (23-11-2011)

German business software maker SAP plans to announce a major investment in Romania next week, the president of SAP Europe, Middle East & Africa was quoted Full story