Romanian medium-sized companies are optimistic with respect to the evolution of their turnover throughout 2015, 64 percent of them anticipating higher revenues compared to last year, according to EY Romania's “New vision for growth 2015” study. In contrast, only 50 percent of the medium-sized companies in Europe expect higher turnover this year, shows EY's “European Mid-Market” Barometer....more »

Polish company AmRest Holdings has reached an agreement with Marinopoulos Coffee SEE to take over the operators of Starbucks franchise in Romania and Bulgaria, transaction estimated at 16 million euro. Final purchase price will be, however, determined at transaction closing....more »

Ford Romania will reduce workforce at its plant in Craiova, in line with the programme of voluntary termination of employment contracts announced in November 2014, however, the number of employees leaving the company is 25 percent smaller tha...more »

The entire Board of Directors of TAROM has resigned, Gabriel Dumitrascu, Chairman of the company's Board, told HotNews.ro. Their decision came after approving the 2015 budget, Dumitrascu, also resigning, explained....more »

Romanian cosmetic manufacturer Farmec has invested more than 10 million lei over the past year in modernization work, enhancing its products portfolio.  Accordingly, the company headquartered in Cluj-Napoca grew its sales, leading to a tu...more »

Romania has submitted 14 projects valued at almost 1.2 billion euro for accessing European funds under the “Connecting Europe Facility” programme, announced the Romanian Ministry of European Funds....more »

Romania's retail market was characterized by an accelerated expansion last year when recorded investments of hundreds of millions euro as a result of transactions between major players in this business and of store network development, as well ...more »

The EU Commission opened the Macroeconomic Imbalance Procedure for Romania which joins other 15 countries under the EU's surveillence. ...more »

Italian utilities group Enel has put off the sale of the Romanian assets, its representatives told to www.economica.net. The decision is, however, temporary, according to the company's press office....more »

The Ministry of Transport presented the updated General Transport Master Plan (GTMP) envisaging the transport development strategy until 2030 which requires total investment of more than 48 billion euro. ...more »