Family of entrepreneurs in Timisoara plans strong expansion in furniture retail (19-05-2010)

The Rusu family, which controls furniture manufacturer Rus Savitar based in Timisoara, with 20 million euros in turnover, plans to open five stores this year, in Full story

Delta ACM '93 reaches 50m-euro investments (19-05-2010)

Delta ACM '93, one of the biggest road builders on the market, has reached 50m-euro investments, around half of which aimed at building materials production facilities, Full story


A&D Pharma reports 33% growth, credits restructuring (19-05-2010)

A&D Pharma, the biggest pharmaceutical group on the Romanian market, posted 150 million euros in turnover in the first three months of the year, up 33% Full story

Ciprian Paltineanu named head of Financing & Advisory, UniCredit (12-05-2010)

UniCredit group set up Financing & Advisory department, in an effort to improve the advisory services to its corporate customers in Romania.The new department is aimed Full story


AmCham Romania : A big global IT company considers the opportunity to enter (12-05-2010)

There are very big companies interested to invest in Romania, AmCham Romania president Sorin Mandrutescu declared in the HotNews.ro - RFI Monday talk by Dan Tapalaga. Full story

Friesland Campina names new chief executive (12-05-2010)

FrieslandCampina Romania appointed Peter Snautzer as chief executive of the company. He will succeed Ian Gearing who left his post in April.Ian Gearing served as chief Full story

Baumit opens dry mortar factory (12-05-2010)

Building materials manufacturer Baumit Romania, subsidiary of Austria-based Schmid Industrie Holding, has opened the third largest dry-mortar factory in Romania, in Bolintin Deal, Giurgiu Full story

Romanian Termoelectrica To Be Stripped Of Assets (12-05-2010)

Romanian state-owned power producer Termoelectrica will go bankrupt once the “viable” assets are externalized, but the company’s debts to the state budget cannot be paid, Economy Full story

Electra and Hidroenergetica may be listed on BVB in 2011 (12-05-2010)

Part of the assets controlled by the two new national energy companies, Electra and Hidroenergetica, will be listed on the Bucharest Stock Exchange (BVB) early 2011, Full story

Romanian Gov't blames Rompetrol debt for increased budgetary deficit (12-05-2010)

The Romanian Government invokes the uncertainty of the 2.4-billion lei loan recovery from Oil Company Rompetrol in order to reach a 6.8 percent of GDP budgetary Full story

Romanian Gov't blames Rompetrol debt for increased budgetary deficit (12-05-2010)

The Romanian Government invokes the uncertainty of the 2.4-billion lei loan recovery from Oil Company Rompetrol in order to reach a 6.8 percent of GDP budgetary Full story

Electra and Hidroenergetica may be listed on BVB in 2011 (12-05-2010)

Part of the assets controlled by the two new national energy companies, Electra and Hidroenergetica, will be listed on the Bucharest Stock Exchange (BVB) early 2011, Full story

Romanian Gov't blames Rompetrol debt for increased budgetary deficit (12-05-2010)

The Romanian Government invokes the uncertainty of the 2.4-billion lei loan recovery from Oil Company Rompetrol in order to reach a 6.8 percent of GDP budgetary Full story

Radu Lucianu: I wouldn't build another mall in Bucharest (12-05-2010)

A number of Bucharest malls have been poorly designed, with alleyways of 12-15 metres wide, unusable spaces translating into the cost of rent and ultimately in Full story

Copos and Ion Avram to supply Dragos Petrescu's bakeries (12-05-2010)

Dragos Petrescu, City Grill owner who got the master-franchise for Germany's BackWerk bakery network, is set to open the first such shop next month in Universitate Full story

Family Frost could exit market (12-05-2010)

German-held Family Frost, which entered the Romanian market with 40 vending vans in 2008, as well as plans to invest 17 million euros, could exit the Full story

Astra becomes leader of insurance market (12-05-2010)

The first quarter of this year saw a reversal in the insurance market ranking: Astra, held by businessman Dan Adamescu, climbed to the no. 1 spot Full story

GED buys Romania’s largest printing company (05-05-2010)

Spain-based private equity firm GED acquired 92% of Infopress, the largest provider of printing services in Romania, for an estimated €12 million, the legal adviser in Full story

Banca Transilvania operational profit surges 134 pct in Q1 (05-05-2010)

Banca Transilvania bank saw its operational profit surge by 134 percent in the three months to March from the same period a year ago to 216 Full story

Vulcan: turnover down by 12 percent in 2009 (05-05-2010)

The Vulcan Company recorded a turnover drop by 12 percent down to 80.3 million lei in 2009, compared to the level recorded in 2008 of 91.4 Full story