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Latest Business News from Romania

romania-puts-hopes-in-gas-from-black-sea

08 May 13

Romania Invests Hopes in Black Sea Gas

Romania hopes to become energy independent in less than ten years, following exploitation of its Black Sea resources.

romania-to-make-new-privatisation-attempts

15 Apr 13

Romania Plans New Sale of State Assets

After series of failed privatisation attempts, the Romanian government is hoping for greater success with sales of new companies.

pay-conflict-threatens-romanian-car-industry

11 Apr 13

Dacia Threatens to Move Production From Romania

Managers of car-maker Dacia say they may transfer some production to Morocco if a dispute over pay is not resolved soon.

needed-highway-remains-a-dream-in-romania

09 Apr 13

Romanians Trade Blame over Highway Debacle

As Romania cancels a contract to construct a major highway in Tranyslvania, politicians are blaming each other for the failure.

04 Apr 13

Hints of Economic Upturn in Romania

New data suggest that the country is edging slowly towards economic recovery.

serbia-tops-illicit-financial-flows-list

20 Mar 13

Serbia Tops Balkans For Illicit Financial Flows

The organisation Global Financial Integrity has ranked Serbia worst of all Balkan countries when it comes to illegal financial flows.

cyprus-tax-on-bank-deposits-worry-romanians

20 Mar 13

Cyprus Bank Levy Worries Romanian Savers

Thousands of Romanians are to be affected by the controversial plan to tax savings held in Cypriot banks.

20 Feb 13

Romania Plans To Reopen Disused Mines

Following growing expressions of interest in its mineral reserves, Romania plans to reopen some of the mines it shut earlier.

romanian-government-asks-for-insolvency-of-chemical-company

24 Jan 13

Romania Declares Chemical Firm Has Gone Bust

After attempts to sell it failed, the mainly state-owned Oltchim chemical company is filing for insolvency.

romania-to-attract-new-wind-energy-investment

16 Jan 13

Romania Wins New Wind Energy Investment

A Russian-Italian consortium plans to invest 135 million euro in a wind farm in eastern Romania, as the boom in renewable energy projects continues.

15 Jan 13

Romania to Simplify Fiscal Checks

Several fiscal bodies are to merge into one, in a bid to improve efficiency and lighten the load on companies struggling under the weight of numerous inspections.

macedonia-tops-region-in-index-of-economic-freedom

11 Jan 13

Macedonia Tops Region's Economic Freedom Index

Macedonia tops the region in the 2013 Index of Economic Freedom, annually compiled by The Wall Street Journal and The Heritage Foundation.

11 Jan 13

Romania Eyes Regional Energy Hub Status

Romania hopes to become a regional centre for power - but the new minister's ambitious plans also depend on improvements to the country's currently struggling economy.