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Latest Business News from Romania

01 Oct 15

Romanian Bank Chief Backs New IMF Deal

The respected head of the national bank says Romania needs a new deal with the International Monetary Fund, IMF, as a form of insurance against potential turbulence.

09 Sep 15

Romania Told to Amend Privatisation Law

The European Commission has urged Romania to change its privatisation law in order to drop provisions that could be seen as allowing state aid.

31 Aug 15

Europe to Fund Balkan Transport, Energy Projects

Following the Vienna summit, the Western Balkans has been promised 200 million euro in co-financing for 10 transport and energy projects, to improve growth and energy security.

21 Aug 15

Romania Parties Forge on With Tax Cuts

Parliament due to vote by end of month on new fiscal code, slashing VAT, which critics say could blow a hole in budget.

15 Jul 15

Air Traffic Strike Grounds Bucharest Airport

First ever strike of Romanian air traffic controllers blocked all flights to and from Bucharest for two hours on Wednesday.

15 Jul 15

Croatia Cheered by Rise in Industrial Production

Croatia's industrial production grew by 2.6 per cent in May, the fastest growth of industrial production in the EU, according to the EU statistics agency Eurostat.

06 Jul 15

Balkan States Weigh Impact of Greece’s ‘No’

Officials in the Balkans are weighing up the potential impact of the Greek referendum result on their countries amid warnings that a deepening of the crisis could damage economies in the region.

03 Jul 15

Greek Crisis Delays Romania's Eurozone Plans

Romania will have to further postpone its plans to join eurozone as the crisis in Greece tests the solidity of the single currency, experts say.

25 Jun 15

US Toasts Sweet Success of Romanian Entrepreneur

A young woman who turned her passion for pancakes into a small but thriving business has seen her achievement recognised by the US embassy in Bucharest.

16 Jun 15

German Company to Build Plant in Romania

The German cleaning equipment producer Kaercher is to invest 20 million euro in a new plant in southern Romania.

10 Jun 15

Romanian Court Rejects Oil Company's Insolvency Request

Rompetrol SA’s request to be declared insolvent was rejected by a court in Bucharest for reasons that have yet to be divulged to the public.

08 Jun 15

Romania Seeks Partners for Struggling Tarom Airline

Government says it has started negotiations with several companies to buy a stake in the loss-making airline - and is ready to sell a majority stake if the partner is from Europe.

04 Jun 15

Austrians Buy Majority Stake in Romanian Lender

In one of the largest transactions in the Romanian banking sector in years, UniCredit Bank Austria has increased its stake in an important Romanian lender.

29 May 15

Romanian President Urges Consensus on Euro

After meeting government leaders, President Klaus Iohannis called for a political consensus on the strategy needed to ensure Romania's membership of the single currency area.

28 May 15

Canadians Lead New Gold Rush in Romania

Two new Canadian projects for gold exploitation have been announced in Transylvania, Romania, and both are likely to draw strong opposition from many quarters.

Politics and Society

02 Oct 15

Fight on TV Talk Show Causes Outrage in Romania

A fight on a popular talk show has sparked fresh calls for Romania to change its broadcasting laws to outlaw violent scenes on TV.

Culture and Lifestyle

04 Sep 15

Rattle, Mehta, Star at Romanian Music Festival

This year's George Enescu Festival in Romania is bringing some world famous music stars to Bucharest, including the composers Simon Rattle and Zubin Mehta and the pianists Elisabeth Leonskaja and Yuja Wang.