News - Business Review


Mircea Cartarescu, Ana Blandiana to promote Romanian literature at Guadalajara book fair

News November 13, 2017 18:37 0 comments

Romanian writer Mircea Cartarescu and poet Ana Blandiana will promote Romanian literature at the International Book Fair in Guadalajara, Mexico, the most important event of its type in South America. The fair is held 25…more »

Romanian currency loses ground against the euro, which reaches record rate of RON 4.6495

News November 13, 2017 18:09 0 comments

The Romanian currency continues to lose ground against the euro, which has reached an exchange rate of RON 4.6495, the highest since 2012. Between the previous and the current session, the euro gained 0.23 percent,…more »

"liviu dragnea psd"

Liviu Dragnea under criminal prosecution for abuse of office and EU funds fraud

News November 13, 2017 15:01 0 comments

Social Democratic Party (PSD) head and Chamber of Deputies chairman Liviu Dragnea was put under criminal prosecution by the National Anticorruption Directorate (DNA) for setting up a criminal group, abuse of office and EU funds…more »

car sales

Car sales bring 13 percent turnover increase in first nine months of 2017

News November 13, 2017 14:09 0 comments

In the first nine months of the year, the volume of car and motorbike sales went up as gross series by 11.7 percent, and as adjusted series by 12.9 percent year-on-year, data released by the…more »


Transgaz posts 21 pct profit increase to RON 433.5 mln in first nine months

News November 13, 2017 13:27 0 comments

Transgaz, the operator of Romania's national transport system for natural gas has increased its net profit by 21 percent year-on-year in the first nine months of 2017, to RON 433.5 million.  The financial resukts of…more »


Nuclearelectrica doubles net profit in first nine months to RON 225.28 mln

News November 13, 2017 12:48 0 comments

Electricity producer Nucelarelectrica, which operates the Cernavoda power plant, recorded in the first nine months of the year a net profit of RON 225.28 million, up by 120 percent year-on-year, when it reported a net…more »

Dent Estet’s turnover up by 31 pct to EUR 6.5 in first nine months

News November 13, 2017 11:32 0 comments

Dent Estet, part of MedLife healthcare network centres, has reported a turnover of EUR 6.5 million in the first nine months of the year, representing a 31 percent year-on-year increase.  The biggest contribution to the…more »

Analysis. Raiffeisen Bank kicks off massive digitalization strategy

Banking November 13, 2017 10:37 0 comments BR Exclusive

Raiffeisen Bank is accelerating its digital transformation and will launch a new version of its banking platform next year, as part of a strategy that runs through to 2020. Bringing people from all departments and…more »

Baia Mare beats Iasi and Satu Mare to become Romania’s next Youth Capital

News November 13, 2017 10:33 0 comments

Baia Mare has won the title of Romanian Youth Capital, after beating in the final Iasi and Satu Mare, in a competition that also drew bids from Alba Iulia, Galati, Ploiesti and Suceava. Baia Mare…more »

VIDEO. Thousands protest against the Romanian government: “We don’t want to be led by thieves”

Legal November 12, 2017 20:44 0 comments

Several thousand people took to the streets across the main cities of Romania to protest the fiscal changes passed by the government and the decision of the ruling coalition to push controversial amendments to the…more »