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SNCF freight division, CapTrain, will operate on market in Romania, since 2012 (23-11-2011)

CapTrain, the freight and logistics division of the National Railway Company of France / SNCF /, already has obtained a license to operate on the Romanian Full story

Azomures profit grows 3.2 times in nine months (23-11-2011)

Azomures chemical fertilizers maker in Targu Mures (north) earned net profit worth 288.213 million lei, over the first nine months of 2011, by 3.2 times higher Full story


Titan Machinery Announces International Expansion (23-11-2011)

Titan Machinery Inc. TITN -4.97% announced today that it has entered into a definitive agreement to acquire the business of AgroExpert, which consists of two Case Full story

Lee Cooper plans expansion in Romanian market (23-11-2011)

Lee Cooper, the British jeans manufacturing brand, is once again targeting the Romanian market. It has opened eight new outlets during this year by now, and Full story


Less and less companies suspend their activity (23-11-2011)

Over the first ten months of this year, 17,928 companies suspended their activity, 71.1 percent less than last year when 61,941 companies decided to take this Full story

Mechel Targoviste, 42.3 percent higher turnover over first three quarters of 2011 (23-11-2011)

The steelworks Mechel Targoviste reported a turnover 42.3 percent higher on a year-on-year basis, of 856.39 million lei, over the first three quarters, reads Financiarul newspaper. Full story

IMF delegation presents lists with state-run companies to be privatized to Budget-Finance Commission (16-11-2011)

The delegation of the International Monetary Fund (IMF) headed by Jeffrey Franks unveiled on Tuesday, Nov. 8 the lists with the names of the state-run companies Full story

President Basescu: German investors' involvement in privatisation is of major interest to Romania (16-11-2011)

On an official visit to Berlin, President Traian Basescu said Thursday that a major involvement of German investors in the privatisations going on in Romania is Full story

Andres Vicente takes over as Vodafone Romania’s new Chief Commercial Officer (16-11-2011)

Andres Vicente, 41, is the new Chief Commercial Officer for Vodafone Romania’s business division, according to the company. He replaces Gabriela Matei who went on an Full story

GSK Romania finalizes USD 7 million investment in Brasov plant (16-11-2011)

GlaxoSmithKline (GSK) has finalized a USD 7 million investment in two production lines at its Brasov plant in Romania. The investment, which spread over a three-year Full story

Alro reports 222 million lei net profit over first three quarters of 2011 (16-11-2011)

Alro Company, the major aluminium producer in Central and Eastern Europe, reported a net profit of 222.4 million lei (roughly 51.24 million euros) over the first Full story

Insurer Astra reports 300-pct surge in bookable net profit (16-11-2011)

The volume of gross underwritten premiums for non-specific insurance policies recorded by Astra Asigurari in the first nine months of 2011 exceeded RON 855 million (nearly Full story

TMK Artrom Slatina ends nine months at profit (16-11-2011)

TMK Artrom Slatina stainless steel pipe maker reported net profit worth 61.332 million lei over the first nine months of the year, compared to losses amounting Full story

Biofarm profit goes up 9 pct in nine months (16-11-2011)

Biofarm medicine maker's profit amounted to 13.75 million lei over the first nine months of 2011, by 9 percent higher compared to that earned during the Full story

Henkel plant worth EUR 10 ml in the making in north-eastern Romania (16-11-2011)

Henkel Romania will build in the north-eastern locality of Roznov (Neamt County) a new unit for the production of adhesives, with a total investment of around Full story

South African Ambassador to Romania seeks investment opportunities in Arad (16-11-2011)

Arad is a city in full economic development, a city that offers opportunities to those who want to develop business at the western border of Romania, Full story

SCH The Grand forecasts 24 million euros turnover in 2011 (16-11-2011)

The Grand, Hotel Companies Complex Grand, the largest luxury multi-functional complex, including the JW Marriott in Bucharest, forecasts a turnover of about 24 million euros in Full story

Carrefour opens in Botosani its 25th hypermarket in Romania (16-11-2011)

The largest retail group in Europe, Carrefour, opens on Tuesday its first hypermarket in Botosani (north-eastern Romania), the twenty-fifth in Romania, Francois-Melchior de Polignac, Carrefour Romania Full story

Auction to intermediate Tarom shares to resume (16-11-2011)

The auction preparing the listing on the Bucharest Stock Exchange (BVB) of shares in Romania's Tarom national air carrier will be resumed because the only bidder Full story

Campagnolo Opens Second Romanian Factory (16-11-2011)

Campagnolo has opened a second Romanian factory in a small town near the Bulgarian border, about 60 miles from its existing production facility in Eastern Full story