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Latest Business News from Romania

romanian-bank-offers-lifeline-to-franc-borrowers
06 May 15

Romanian Bank Offers Lifeline to Franc Borrowers

Borrowers with franc loans in Volksbank may be able to convert them into cheaper loans in the national currency as of July.

romania-to-list-new-companies-on-bourse
04 May 15

Romania to List New Companies on Stock Exchange

Romania will try to attract much-needed cash with the public listing of more state-owned companies starting from this autumn.

romania-hopes-listing-fund-will-lure-investors
28 Apr 15

Romania Lists Fund in London to Lure Investors

The Romanian investment fund Fondul Proprietatea is planning a secondary listing on the London Stock Exchange, in a bid to attract fresh investors to the country.

balkan-countries-sign-gas-pipeline-agreement
23 Apr 15

Balkan Countries Sign Gas Pipeline Agreement

Bulgaria, Greece and Romania are planning the construction of a new gas corridor in order to reduce dependence on Russian energy deliveries.

brusselss-approves-romania-s-aid-for-energy-holding
22 Apr 15

EU Backs Romania’s Aid for Energy Complex

The European Commission has approved the temporary rescue aid package that Romania has offered the energy producer Complexul Energetic Hunedoara.

romania-cuts-vat-on-food
07 Apr 15

Romania Slashes VAT on Food to Boost Spending

Romania is cutting VAT on all food items from June 1 in order to boost disposable income and get people spending more.

romania-restarts-work-at-needed-highway
06 Apr 15

Romania Restarts Work on Transylvanian Highway

Construction work on a stretch of the projected 415-kilometre-long highway is to be restarted after years of delays.

eu-funds-to-develop-romania-s-tourism-project
13 Mar 15

Romania Seeks EU Cash For Danube Delta Tourism

Romania is planning to attract 1 billion euro to develop infrastructure and tourism in the world famous but impoverished and underdeveloped delta region.

ford-romania-to-axe-staff-in-sales-slump
09 Mar 15

Ford Romania To Axe Staff Amid Sales Slump

Almost 500 people are to be laid off this year at Ford’s car factory in Craiova, although the redundancies are fewer than initially expected.

uber-car-service-arrives-in-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.

enel-freezes-sale-of-its-romanian-assets
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.

romania-s-economy-rises-in-2014
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.

ec-upgrades-romania-s-economic-growth-for-2015
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.

belgium-s-bpost-eyes-romanian-post
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.

converting-franc-loans-will-cost-romania-bank-says
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.

Premium

romania-more-turmoil-likely-despite-strong-growth-12-28-2017
02 Jan 18

Romania in 2018: More Turmoil Likely Despite Strong Growth

The failure of healthy growth rates to translate into wage rises – coupled with the passage of unpopular and controversial laws – are likely to mean a bumpy year. 

19 Oct 17

EU Mulls Lower Roaming Charges for Balkans

04 Jul 17

Economic Storm-clouds Hover Over Romania

14 Mar 17

Romania Hopes to Become Regional Energy Hub

16 Jun 16

Romania’s Economic Recovery Comes at a Cost

Politics and Society

balkan-heritage-sites-listed-among-europe-s-most-endangered-01-19-2018
23 Jan 18

Balkan Sites Feature Among Europe’s Endangered Heritage

Four historic landmarks around the Balkans have been shortlisted for the Most Endangered Programme, which aims to raise awareness of neglected monuments and sites across Europe.

20 Jan 18

Romanians Resume Anti-Corruption Protests

19 Jan 18

Duma Slates Moldova's Ban on Russian TV Shows

Culture and Lifestyle

balkan-heritage-sites-listed-among-europe-s-most-endangered-01-19-2018
23 Jan 18

Balkan Sites Feature Among Europe’s Endangered Heritage

Four historic landmarks around the Balkans have been shortlisted for the Most Endangered Programme, which aims to raise awareness of neglected monuments and sites across Europe.

01 Jan 18

Gallery: New Year’s Eve, the Balkan Way

27 Dec 17

Balkan Cities to Party Their Way Into 2018