Home Page

Latest Business News from Romania

27 Feb 15

Uber Arrives to Mixed Fanfare in Romania

The US mobile-app-based transportation network Uber has launched its first ridesharing service in Romania - but while many potential users are delighted, taxi drivers are less happy.

20 Feb 15

Italy's Enel Freezes Sale of Romanian Assets

The Italian energy group Enel has put on hold the sale of its assets in Romania after reducing its debts.

13 Feb 15

Romania’s Economy Grew in 2014, Data Show

New Statistics Institute report says Romania's GDP grew by 2.9 per cent last year, building on a recovery that began in 2013.

06 Feb 15

Commission Upgrades Romania’s Growth in 2015

The European Commission predicts Romania's economy will grow by 2.7 per cent this year, the sixth highest growth rate in the EU.

04 Feb 15

Belgium’s Post Interested in Buying Romanian Post

The Belgian postal services operator is the sole company to have expressed interest in buying Romania's state-owned post service, Posta Romana.

02 Feb 15

Converting Franc Loans Will Cost Romania, Bank Says

Converting loans connected to Swiss franc into Romania's own currency would cost the country too much, the head of the national bank has warned.

23 Jan 15

Romania to Launch Receipts Lottery at Easter

New lottery is designed to get people to demand receipts for goods and services - thereby making it less easy for shops and other sellers to evade paying sales taxes.

21 Jan 15

Romanians Hit by Franc's Rise May go Bankrupt

Worried by the plight of tens of thousands of borrowers with loans in Swiss francs, Romania is planning to adopt a law to help them declare themselves bankrupt.

14 Jan 15

World Bank Revises Croatia's GDP Growth Down

In more bad news for the struggling centre-left government, the World Bank has altered its earlier forecast of Croatia’s GDP growth in 2015, cutting it from 1.2 to 0.5 per cent.

13 Jan 15

Romania’s Inflation Rate at Record Low

Annual inflation in December dropped to 0.8 per cent last year in Romania, the lowest rate recorded in 25 years.

08 Jan 15

Dacia Car Workers Threaten Strikes in Romania

Workers at the main carmaking plant in Romania are threatening industrial action in a dispute over pay and bonuses.

07 Jan 15

Croatia Falling Behind in EU, Statistics Show

New data from Eurostat have no good news for Croatia, whose economy is falling behind that if its EU counterparts in almost all fields.

25 Dec 14

Romania Turns on the Gas to Moldova

A gas pipeline linking Moldova to Romania, aimed at reducing the former Soviet country's dependence on Russian imports, is to start functioning on New Year's Day.

24 Dec 14

Radio Stations Change Hands in Romania

The five radio licenses in Romania belonging to CME media company are to be sold to the Romanian telecom provider RCS&RDS.

18 Dec 14

Montenegro Drops in Forbes Business Ranking

Montenegro has dopped down four places in this year’s Forbes magazine’s list of 'best countries for business,' ranking in 48th place out of 146 surveyed states, although it remains above several EU member states.

Politics and Society

05 Mar 15

Romania Jails Media Mogul For Blackmail

Dan Diaconescu, a controversial media figure with political ambitions, was jailed on Wednesday for blackmail - and banned from running for public office.

Culture and Lifestyle

16 Feb 15

Romanian Director Wins Berlin Film Prize

Romanian film director Radu Jude won the Silver Bear for best director at the Berlin Film Festival with his historical drama about prejudice against Roma people.