Tarom last posted a profit in 2007 and recently lost its leading position on the local market to low-cost carrier Blue Air.
Former minister Elena Udrea and Ioana Basescu indicted in case concerning financing for Traian Basescu's 2009 presidential election campaign.
Private port operators to benefit from minimal rents at Romanian ports for the next decade if proposed law is adopted.
Unlocking infrastructure and energy projects is essential to improving Romania's attractiveness as an investment destination, development bank's vice president says.
While some fret Europe is not doing enough to counter Russian disinformation, others express concern at the STRATCOM Summit 2017 that focusing on this allows Moscow to set the agenda.
Misu Negritoiu claims dismissal - originally triggered by crisis on Romania's car insurance market - was politically motivated.
Our look at which business leaders really matter in each CEE/CIS country, ranked by our correspondents not just on wealth but on influence.
After its takeover by Mid Europa Partners, supermarket chain Profi is taking modern retail into smaller Romanian towns.
The fall of communism has been followed by successive backlashes against feminism, the latest inspired by the election of populist rightwing governments.
CFA Institute managing director Gary Baker talks to bne IntelliNews about winning back trust for the financial services industry and developing the sector's human capital.
Commercial banks have been slow to jump at the opportunity to finance small-scale energy efficiency projects because the return on investment for them tends to be low.
Current and former members of RCS&RDS management board targeted in corruption investigation concerning football broadcasting rights.
Romania’s economy is set to be among the fastest growing in Europe this year, with consumer spending driven by tax cuts and public sector pay rises.
Romanians are back on the streets after Senate's legal committee backs plan to pardon corrupt officials.
Weaker energy prices the main cause of recent fall in industrial prices.
Shareholders of parent company of Romania's RCS & RDS could get up to €264.9mn from IPO.
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