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Raiffeisen Bank has two new members in the Board of Directors

Supervisory Board of Raiffeisen Bank nominated Mircea Busuioceanu as Chief Risk Officer…

Car market drops 22 percent at 11 months this year

The overall car sales on the Romanian market reached 80,439 units at 11 months…

Sterling Resources announces gas discovery at Pelican block offshore Romania

Sterling Resources Ltd. (TSX-V: SLG) ('Sterling' or 'the Company') is pleased to announce…

Eurolines Romania to post turnover of nearly 54 mln euros by year-end

The Group Eurolines predicts a total turnover of nearly 54 million euros (about 243…

Thomas Petr (Deloitte): Solvency II Directive on insurance industry might start in 2014

The transposition into national legislation of the first phase of the EU Solvency II…

BMW sold 1,894 cars in Romania in 11 months this year

BMW sold 1,894 cars on the Romanian market at 11 months and, within a…

24 interest free installments in Orange shops with Romanian Bank shopping cards

Romanian Bank shopping cardholders have until the end of January 2013 3, 6, 12…

 Romanian labour cost per hour up 4 pct in Q3

The hourly labour cost in Romania was up 4 percent in the third quarter…

Dacia exports over 6 mln cubic meters of auto parts over past 7 years

Dacia carmaker has exported over 6 million cubic meters of auto parts for the…

Number of mobile phones slightly drops since last year

Number of mobile telephony users drops by 3.1 percent during June 2011 - June…

Bloomberg: Revolving Romanian Cabinets Spook Investors as Cash Flees

“Romania needs its Dec. 9 election to end a political war that has split…

 Skoda anticipates selling some 2,000-2,500 Rapid models in Romania next year

Skoda local importer Porsche Romania anticipates it would sell between 2,000 and 2,500…