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Latest Business News from Romania

romania-to-freeze-gas-prices-for-household-consumers

20 Jun 11 / 09:31:33

Romania Puts up Gas Price For Industry

Bucharest has taken first steps towards deregulating the gas market, as agreed with the International Monetary Fund, by freeing up prices for industrial consumers.

worries-over-possible-effects-of-greek-crisis-in-romania

17 Jun 11 / 09:55:12

Greek Crisis Makes Banks in Romania Anxious

Worsening crisis in Greece could have worrying knock-on effects for subsidiary banks in Romania, analysts fear.

romanian-tourists-headed-to-bulgaria-rises-slightly

14 Jun 11 / 15:31:09

Number of Romanian Tourists in Bulgaria Rises Slightly

Bulgaria is among the top tourist destinations for Romanian travelers, though the economic crisis means more people will stay home this summer.

romanian-migrants-not-interested-to-get-back-home

13 Jun 11 / 08:57:20

Romanian Immigrants 'Not Interested' In Returning Home

Less than half of the Romanians working abroad plan to return to their native country, a recent study shows.

02 Jun 11 / 09:20:52

Romania Invests in Tourism Promotion Campaign

Romania aims to improve its image as a tourist destination through a 5 million euro promotional campaign.

greek-ote-not-buying-stake-in-romanian-telecom-company

31 May 11 / 08:57:29

Greek OTE Drops Plans to Buy Stake in Romania Telecom

The crisis in Greece has deprives Romania of some Euro 1 billion after a sale of telecom shares fails.

26 May 11 / 10:44:18

Serbia's NIS to Search for Oil in Romania

Serbia's oil company NIS has signed a memorandum of understanding with Canadian-based East West Petroleum Corporation to explore for oil in Romania.

19 May 11 / 09:08:18

Romanian Migrants Send Home Less in Remittances

Data show that Romanians working abroad sent home 10 per cent less money this spring than they did in spring 2010.

businessman-takes-over-main-tv-news-station-in-romania

04 May 11 / 08:35:25

Tycoon Buys Romania's Main TV News Station

Businessman Elan Schwartzenberg promises not to use Realitatea Media as his personal soapbox, saying he hopes to turn the station into a Romanian version of CNN.

28 Apr 11 / 09:00:14

Romania Vows to Crack Down on Grey Economy

Prime Minister Emil Boc says firms employing workers without contracts will face hefty fines in future.

romania-most-likely-to-delay-euro-adoption

14 Apr 11 / 07:25:28

Romania Ponders Delaying Adoption of Euro

Bucharest says it will soon decide whether to stick to a 2015 deadline to adopt the single currency, or wait for the economy to improve.

13 Apr 11 / 08:50:48

Romania to Speed Up Highway Construction

Bucharest is to invest in expanding the country's relatively small network of motorways.

30 Mar 11 / 09:08:38

Romania To Close Railways To Save Money

Romania is to shut down around 7 per cent of its railway lines and many more lines face closure in the future.

29 Mar 11 / 07:40:29

Little Hope for Romania's Housing Market in 2011

There is little indication that Romania's weakened real estate market will mark an upward trend this year, as the effects of the financial crisis continue to be felt.