Romanian media

Isărescu: Without pension adjustment, we cannot talk about economic growth – in Ziarul Financiar...

The Bucharest – Constanta railway track will be modernized so that the train ride between the two cities will take only...

Turkish Provus Services Provider has bought local card operator RomCard from its shareholders BCR, BRD, Raiffeisen Bank, UniCredit Tiriac Bank and Financiara, according to Deloitte, which assisted the sale along with the Reff & Associates team. The value of the deal was not disclosed.

A&D Pharma has opened the third Anima private clinic in Bucharest, in Pantelimon area of the city, the company has announced. The 600-sqm clinic includes 14 medical offices. A&D Pharma has opened two similar units in Victoriei and Titan areas of Bucharest earlier this year, when the Anima brand was launched.

The Romanian car market saw the third biggest decline in the European Union, with a drop of 41.5 percent on new car...

Swedish group Ikea, which has recently confirmed the acquisition of the Timpuri Noi industrial platform in Bucharest, says the group doesn't plan to build an Ikea store on the plot. The property was acquired by the group's real estate development division, Inter Ikea, for EUR 34.6 million.

Romanian media Retailers realize consumption revival is not without massive price cuts – in Ziarul Financiar, IKEA converts Timpuri Noi into apartments, offices and retail space – in Ziarul Financiar, Eight million Romanians have to insure their homes – in Ziarul Financiar, Alcatel Lucent hires another 200 engineers in Timisoara – in Ziarul Financiar, Schaeffler expects 100m euros higher turnover for Brasov plant – in Ziarul Financiar

The Blue Air group of companies has invested over EUR 800,000 in two self service restaurants in Sibiu and Bucharest, under the Self brand. The first such restaurant has been opened four months ago in Sibiu, while the one in Bucharest was opened on Wednesday (July 14) in Buzesti area of the capital city.

More companies decided to cancel their business activity in Romania in the first half of this year than in the same period of last year, according to data from the National Trade Registry (ONRC). There was a whooping six times increase in the number of firms which filed for voluntary cancellation of their business, to 118,000. The amount also includes automatic cancellations.

After a good first quarter which brought profits for banks in Romania, the local banking system posted a loss of around EUR 49 million after the first five months of the year, according to data from the Romanian Central Bank (BNR). BNR has centralized data from the banks active in Romania showing a cumulative loss in the sector, although in the first three months of the year it had a profit of nearly EUR 25 million.

Romanian media

Isărescu: Without pension adjustment, we cannot talk about economic growth – in Ziarul Financiar...

The Bucharest – Constanta railway track will be modernized so that the train ride between the two cities will take only...

Turkish Provus Services Provider has bought local card operator RomCard from its shareholders BCR, BRD, Raiffeisen Bank, UniCredit Tiriac Bank and Financiara, according to Deloitte, which assisted the sale along with the Reff & Associates team. The value of the deal was not disclosed.

A&D Pharma has opened the third Anima private clinic in Bucharest, in Pantelimon area of the city, the company has announced. The 600-sqm clinic includes 14 medical offices. A&D Pharma has opened two similar units in Victoriei and Titan areas of Bucharest earlier this year, when the Anima brand was launched.

The Romanian car market saw the third biggest decline in the European Union, with a drop of 41.5 percent on new car...

Swedish group Ikea, which has recently confirmed the acquisition of the Timpuri Noi industrial platform in Bucharest, says the group doesn't plan to build an Ikea store on the plot. The property was acquired by the group's real estate development division, Inter Ikea, for EUR 34.6 million.

Romanian media Retailers realize consumption revival is not without massive price cuts – in Ziarul Financiar, IKEA converts Timpuri Noi into apartments, offices and retail space – in Ziarul Financiar, Eight million Romanians have to insure their homes – in Ziarul Financiar, Alcatel Lucent hires another 200 engineers in Timisoara – in Ziarul Financiar, Schaeffler expects 100m euros higher turnover for Brasov plant – in Ziarul Financiar

The Blue Air group of companies has invested over EUR 800,000 in two self service restaurants in Sibiu and Bucharest, under the Self brand. The first such restaurant has been opened four months ago in Sibiu, while the one in Bucharest was opened on Wednesday (July 14) in Buzesti area of the capital city.

More companies decided to cancel their business activity in Romania in the first half of this year than in the same period of last year, according to data from the National Trade Registry (ONRC). There was a whooping six times increase in the number of firms which filed for voluntary cancellation of their business, to 118,000. The amount also includes automatic cancellations.

After a good first quarter which brought profits for banks in Romania, the local banking system posted a loss of around EUR 49 million after the first five months of the year, according to data from the Romanian Central Bank (BNR). BNR has centralized data from the banks active in Romania showing a cumulative loss in the sector, although in the first three months of the year it had a profit of nearly EUR 25 million.