S&P Affirms Romania Ratings At 'BB+'; Outlook Stable
yesterday, 19:50
Standard & Poor's Ratings Services Friday affirmed its 'BB+/B' long- and short-term foreign and local currency sovereign credit ratings on Romania, with stable outlook, citing the country’s improved fundamentals.
ZF NEWSRSS
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Leu Falls To New Record Low Of 4.475 Vs Euro
yesterday, 17:47
Romania’s leu weakened against the euro in late action Friday and hit a fresh all-time low of 4.475 units in interbank trading amid a negative... more
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Romania Budget Gap Widens To RON5B In First 4 Months
yesterday, 17:44
Romania’s consolidated budget posted a deficit of 5 billion lei (EUR1.1 billion) in the first quarter, equal to 0.83% of the gross domestic... more
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Fondul Proprietatea To List Its Shares In Warsaw By Year-end
yesterday, 17:12
Romanian investment fund Fondul Proprietatea (FP.RO) plans to list its shares on the Warsaw Stock Exchange, or WSE, by the end of 2012, depending... more
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Romanians Pay Twice As Much For Electricity As Finns, French
yesterday, 15:17
Romanians pay almost twice as much for electricity when adjusted for purchasing power as the Finns or the French, official data showed Friday. more
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Competition Council: Hidrolectrica Inquiry Needs More Time
yesterday, 14:09
Romanian Competition Council’s probe into preferential tariffs at state-run hydropower generator Hidrolectrica will be completed by the end of... more
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Palas Iasi, Most Expensive Real Estate Project Outside Bucharest, Enters Finishing Straight
yesterday, 00:00
The mall inside the Palas Iasi (NE Romania) project, the largest real estate investment outside Bucharest, will open on May 31. The project, which... more
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BNR: Romania Private Lending Inches Up 0.1% On Month In April
yesterday, 11:10
Romanian private lending inched up 0.1% in real terms to 224.7 billion lei (EUR50.3 billion) in April from a month earlier, central bank data... more
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Romexpo Appeals Court Decision Upholding Insolvency Claim
yesterday, 16:21
Romanian expo center Romexpo said Friday it has appealed the decision of the Bucharest Court which upheld an insolvency claim filed against it by... more
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Competition Authorities To Unveil Preliminary Report On Energy Market Probe In June
yesterday, 14:55
Romania’s Competition Council plans to make public in June a preliminary report on its inquiry into the local electricity market launched two... more
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Green Power Producers Made EUR100M From Green Certificates In Jan-April
yesterday, 00:00
Green power producers collected from the support scheme put in place by the Romanian government almost EUR100 million in the first four months of... more
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Bucharest Bourse Ends Up 1%, SIFs Bucks Trend
yesterday, 17:26
The Bucharest stock exchange rose around 1% in the last trading day of the week, but BET-FI ended down as four of the five regional investment... more
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U.S. Department Of State: Romania Has Problems With Corruption, Biased Judiciary
yesterday, 17:21
The U.S. Department of State says, in its 2011 report on human rights practices, that Romania continues to have problems with corrupt public... more
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ING Asigurari De Viata To Propose EUR3.1M Payout To Shareholders For 2011
yesterday, 15:33
Romanian insurer ING Asigurari de Viata will propose paying out dividends of 13.82 million lei (EUR3.1million) for 2011, down 47.7% compared with... more
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Antitrust Body To Complete Gas Market Probe In Upcoming Months
yesterday, 12:06
Romania’s Competition Council said it will finalize in the upcoming months the antitrust inquiry set off last year on the local gas market... more
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Samsung Opens Its First Store In Romania
yesterday, 14:16
Samsung Electronics Romania opened Friday its first store in Romania, and presented Samsung Galaxy Beam, a smartphone with a built-in digital light... more
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Leu Depreciation Adds EUR100M To Borrowers’ Bill
yesterday, 00:00
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Eurobank Brings Greek Banker To Run Bancpost
yesterday, 11:59
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Former Tarom Head Ruxandra Brutaru Joins Managing Board Of Happy Tour
yesterday, 00:00
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Ponta Appoints New Health Insurance House Head
yesterday, 13:29
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Oil Terminal’s Board Chairman May Step Down
yesterday, 13:41
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Leu Gains Modestly Vs Euro, Exchange Rate At 4.4646
yesterday, 13:21
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Expo Center Romexpo Enters Insolvency For RON180,000 Debt
yesterday, 11:52
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Head Of Largest Steel Plant: Dacia Saved Renault From Bankruptcy
yesterday, 00:00
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Finance Ministry Considers Yearly Profit Tax For Market Transactions
05.24.2012
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Leu Up Vs Euro In Early Trade, In Line With Region
yesterday, 11:10
The local market of GPS vehicle tracking systems will increase by over 10% in 2012, from EUR9.2 million in 2011.
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Germany’s utility E.ON plans to open a new business service center in Cluj-Napoca city, northwest Romania, as part of a larger
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The number of people working in office spaces will drop by 25% in the next years, as alternative workspace strategies will become more
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Greek-held banks in Romania have a solvency ratio that is two percentage points above the banking system average, their obligations are
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The European Commission formally notified Romania it has filed legal action with the EU Court of Justice over the country’s faulty
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The recent depreciation of the Romanian leu against the euro is in line with the regional trend and is caused by pressures from the
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With the local software market stagnating at about EUR700 million last year, developers are looking increasingly more often at the
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Petrom, the largest oil company in Romania, is preparing its strategy for the next decade, and the document will be presented this
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Seventeen auto brands out of 44 sold in Romania posted higher sales in the first four months of the year compared with the year-ago
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Withdrawals from cash points exceeded 100 billion lei (almost EUR23 billion) between April 2011 and March 2012, five times the payments
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Romanians Pay Twice As Much For Electricity As Finns, French
Romanians pay almost twice as much for electricity when adjusted for purchasing power as the Finns or the French, official data showed Friday.
Today's Story
Leu Depreciation Adds EUR100M To Borrowers’ BillThe depreciation of the leu and the rise in money market interests add extra charges to the bill of the four million Romanians who took out loans from banks.
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