Oil and gas company OMV Petrom posted a net profit of EUR 520 million last year, up 163 percent on the previous year...

Romanian state-owned electricity producer Nuclearelectrica, which owns 60.15 percent of Energo Nuclear, the company that...

Low cost airline Blue Air, which has recently exit insolvency, targets a turnover of EUR 160 million this year, up on the EUR 150 million posted in 2010.

Romanian exports of IT products and services grew by 10 percent in 2010, to around EUR 500 million, according to Valerica Dragomir, executive manager of the Software and Services Industry Employers' Association (ANIS).

Cocor Shopping Center's media facade brought the shopping center revenues of EUR 1.7 million last year, the company has announced. The revenues from outdoor publicity were 30 percent higher than in 2009. In December last year alone, the media facade brought the store EUR 400,000 in advertising revenues.

Telecom operators Romtelecom and Cosmote Romania could merge before Romtelecom's listing on the stock exchange, which would diminish the Romanian state's share participation in the company, according to Romanian Communication Minister Valerian Vreme.

International Automotive Components Group (IAC), one of the components suppliers for Ford Motor Company, will this week start works on its greenfield production unit in Bals, Olt county. The investment in this project will reach EUR 58 million. The factory should hire 400 people, when fully operational. It will produce various components for Ford's car production in Craiova.

Romanians younger than 35 who want to start a micro-company can submit business plans starting Tuesday to a program supporting young entrepreneurs, and receive up to EUR 10,000 of the value of their planned business. The program was allotted a budget of EUR 4.9 million this year.

Real estate advisory company DTZ Echinox posted a EUR 2.8 million turnover in 2010, slightly up from EUR 2.65 million in 2009. Its profit rate stood at 6 percent. The company estimates a EUR 3.2 million turnover and a 10 percent profit rate for 2011.

Romanian state-run subway company Metrorex has awarded a EUR 215 million construction contract for the Raul Doamnei-Hasdeu sector of Bucharest’s new subway mainline to a consortium made up of Astaldi (Italy), FCC (Spain), Delta ACM and AB Construct (Romania)

Oil and gas company OMV Petrom posted a net profit of EUR 520 million last year, up 163 percent on the previous year...

Romanian state-owned electricity producer Nuclearelectrica, which owns 60.15 percent of Energo Nuclear, the company that...

Low cost airline Blue Air, which has recently exit insolvency, targets a turnover of EUR 160 million this year, up on the EUR 150 million posted in 2010.

Romanian exports of IT products and services grew by 10 percent in 2010, to around EUR 500 million, according to Valerica Dragomir, executive manager of the Software and Services Industry Employers' Association (ANIS).

Cocor Shopping Center's media facade brought the shopping center revenues of EUR 1.7 million last year, the company has announced. The revenues from outdoor publicity were 30 percent higher than in 2009. In December last year alone, the media facade brought the store EUR 400,000 in advertising revenues.

Telecom operators Romtelecom and Cosmote Romania could merge before Romtelecom's listing on the stock exchange, which would diminish the Romanian state's share participation in the company, according to Romanian Communication Minister Valerian Vreme.

International Automotive Components Group (IAC), one of the components suppliers for Ford Motor Company, will this week start works on its greenfield production unit in Bals, Olt county. The investment in this project will reach EUR 58 million. The factory should hire 400 people, when fully operational. It will produce various components for Ford's car production in Craiova.

Romanians younger than 35 who want to start a micro-company can submit business plans starting Tuesday to a program supporting young entrepreneurs, and receive up to EUR 10,000 of the value of their planned business. The program was allotted a budget of EUR 4.9 million this year.

Real estate advisory company DTZ Echinox posted a EUR 2.8 million turnover in 2010, slightly up from EUR 2.65 million in 2009. Its profit rate stood at 6 percent. The company estimates a EUR 3.2 million turnover and a 10 percent profit rate for 2011.

Romanian state-run subway company Metrorex has awarded a EUR 215 million construction contract for the Raul Doamnei-Hasdeu sector of Bucharest’s new subway mainline to a consortium made up of Astaldi (Italy), FCC (Spain), Delta ACM and AB Construct (Romania)