Companies
Christmas Decorations An Impulse Buy For Romanian Consumers
Romanian consumers have changed their spending habits when it comes to Christmas decorations in the last few years, which are now often impulse buys, says Andreea Mihai, Carrefour Romania's...
Apa Nova Doubles Drinking Water Tariffs In Just Two Years
French-held Apa Nova will increase tariffs for drinking water and sewerage services by nearly 5% starting January, 2014, the equivalent of 0.28 lei (EUR0.06) per cubic meter, which means one...
2013 In Review: Most Important Deals Of The Year
The listing of Romania's largest natural gas producer Romgaz (SNG.RO) on the Bucharest and London stock exchanges can be considered the most important deal of the year, ZF has found based on...
Enel And ArcelorMittal Abandon Romania’s Cernavoda Nuke Project
Italy’s utility Enel and steel maker ArcelorMittal have decided to withdraw from their investment in Romania’s project to build the third and fourth reactors at the nuclear power plant in Ce...
Posta Romana Designated Universal Postal Services Provider In 2014-2018
Romania’s telecom authority ANCOM has designated state-run postal company Posta Romana, ex-officio, provider of universal postal services between January 1, 2014 and December 31, 2018.
Romanian Antitrust Watchdog Looks Into Astra Taking Over AXA Life Insurance
Romanian antitrust authorities are looking into the takeover of Axa Life Insurance, the local, subsidiary of French group AXA, by the Romanian leading insurer Astra Asigurari.
INS: Romania Unemployment Rate Down To 7% In 3Q
Romania's unemployment rate fell to 7% in the third quarter, from 7.5% in the previous quarter, the statistics institute INS said Friday.
Three Low-Profile Execs Have EUR17B Of Romania’s Budget In Their Hands
The institutions in charge of pensions, health insurance and highways, which have total budgets of over EUR17 billion, are run by three executives who have been politically appointed by ruli...
2013 In Review: Ten Most Important Events In Tourism
ZF reviews the top events in tourism in 2013, from the change of the taxi system at Bucharest’s Otopeni international airport, to the first tourists embarking in the Romanian port of Constan...