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Latest Business News from Romania

19 Oct 15

Romania to Build Reactors With Chinese Money

Romania is to sign an agreement with a Chinese company to construct two new nuclear reactors as the country seeks to boost its energy security.

06 Oct 15

Romania Spurns Trend Towards Banning GM Crops

Two-thirds of EU countries may have opted out new European legislation allowing the growth genetically modified organisms, GMO - but Romania has decided against a ban.

05 Oct 15

Romania to Bill Volkswagen Over Emissions Scandal

Romania intends to claim damages from Volksvagen over the emissions-cheating revelations, but it also fears that the scandal may damage its own economy.

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.

Politics and Society

25 Nov 15

Romania To Pay Damages Over 1989 Protests

The European Court of Human Rights has ruled against Romania in a case related to the protests in 1989 that brought down the communist regime.

Culture and Lifestyle

20 Nov 15

Romania Fair Booms in Tough World For Books

This year's Gaudeamus international book fair in Bucharest looks set to attract huge numbers - in spite of the fact that almost 40 per of Romanians no longer read any books at all.