The multifunctional clinic Dr. Calistrat Grozovici in Bucharest will be the first public private partnership the Romanian government will initiate in the healthcare sector....

How much money did Romanians abroad send to the country last year?

Romania recorded inflows from personal transfers made by Romanians living abroad worth EUR 2.83 billion in 2017, the third-highest amount in the European Union...

Romanian Govt. adopts ordinance for setting up sovereign fund

Romania’s Government adopted on Thursday, November 13, the ordinance for setting up the Sovereign Development and Investment Fund – FSDI, which will have an...

Romanian wine registered as EU protected designation of origin

The Romanian wine Însurăței is now registered as protected designation of origin (PDO) after the European Commission approved the request to have the local...
Digi Communications

Romanian telecom group Digi sees profit down by 57% in first nine months

Romanian telecom group Digi Communications recorded a net profit of EUR 18.9 million in the first nine months of this year, down by 57%...

Romanian tour operator complains about lack of guides in the country

Romania has half the number of tourist guides it needs although tourism agencies pay guides with EUR 70 per day, according to Karpaten Turism,...

Romanian nuclear power producer ups net profit by 28% on higher sales

State-owned Nuclearelectrica, which operates Romania’s nuclear power plant at Cernavoda, recorded a net profit of RON 321 million (EUR 69 million) in the first...
Transgaz

Romanian gas transporter’s net profit, down by a third due to lower revenues

Romanian state-controlled gas transporter Transgaz (TGN) reported a net profit of RON 299 million (EUR 64.3 million) in the first nine months of this...

Update: Biggest mall owner in Romania wants to invest in revamping local train stations,...

Investment fund NEPI Rockcastle, the biggest mall owner in Romania, is willing to invest EUR 1.5 billion in modernizing several train stations in the...

Raiffeisen Bank almost doubles net profit in Romania

Raiffeisen Bank Romania recorded a net profit of RON 718 million (EUR 154 million) in the first nine months of this year, up by...

Fondul Proprietatea plans to bring Engie Romania on the capital market

Romanian investment fund Fondul Proprietatea (FP) is talking to investors about selling parts of its holdings in Hidroelectrica, the biggest power producer in Romania,...

From Our Partners

(P) When is a school much more than just a school?

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The answer is when it is a ‘Community’, and there is no better example of this than the International British School of Bucharest. The school’s...

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