Companies
Low-Cost Airline Air Vallee To Operate Romanian Market
Italy-based low-cost airline Air Vallee announced it would enter the Romanian market on March 24, when it introduces two flights between Bucharest and Parma and Iasi-Turin.
Gasoline Price Up 84% In Three Years Of Crisis
The end of last week came with another increase in the pump price by 0.8 lei of both gas and diesel operated by Petrom. This is the second hike this year.
Did Wizz Air Finally Beat Tarom?
Low-cost airline Wizz Air might have beaten Romanian national carrier Tarom for the first time in terms of number of passengers last year, five years after its entry on the local market.
Top 20 Events To Follow In 2012
Ziarul Financiar suggests a list of 20 key events of the year that has just begun, from bourse listings and car launches to the opening of highways and sports competitions. 2012 will not see...
First 2012 Corporate Budgets Show Growth Forecasts
Many entrepreneurs describe 2012 as a year of many unknowns, when both the situation on the European markets and the domestic measures will influence the performance of the Romanian economy....
Asphalt Kings Took On Contracts Close To Home In 2011
Romania’s so-called asphalt kings won at least half of the EUR2.4 billion road infrastructure contracts awarded by the Transport Ministry and by the Development Ministry last year, according...
Stock Market In 2011: BET Index Down, Traded Volume Up Because Of Fondul Proprietatea
Bucharest Stock Exchange saw its third year of decline in history in 2011, as the main market index, BET, lost 17.7% of its value compared with the end of 2010. It had previously gone down i...
Gains Of Top Farmers From 2011 Wheat Harvest
Romanian farmers harvested this year a record wheat crop of over 7 million tons, an increase of 30% on the previous year. Money-wise, this year’s crop is worth about EUR1.3 billion, consider...
Romania To Punish Unfair Competition By Up To Five Years In Prison
Selling the results of experiments sent to the authorities to request authorization for pharmaceutical or chemical products may be punished by six months to five years in prison, under the R...