2 mar 2012

The Bucharest bourse closed up Friday, with nearly half of the turnover coming from trades in investment fund Fondul Proprietatea (FP.RO). more

2 mar 2012

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) proposed the payment of a gross dividend worth 0.1 lei (EUR0.023) per share for last year, slightly less than the RON0.103 dividend paid more

2 mar 2012

Romanian development minister Cristian Petrescu on Friday said there is little chance for the thermal rehabilitation of buildings to receive EU funding, which means the ministry will have to earmark a more

2 mar 2012

Romania’s construction market dropped 4% last year, to EUR9.3 billion, from EUR9.7 billion, and this year it could reach EUR9.3-9.5 billion in best-case scenario, according to construction more

2 mar 2012

Romanian securities regulator CNVM issued fines against former bourse operator chief Valentin Ionescu and BCR trading chief Valerian Ionescu, following an analysis on the trades performed with more

1 mar 2012

The Bucharest bourse closed Thursday with an increase, on high traded values, with the bulk of activity focusing on investment fund Fondul Proprietatea (FP.RO). more

1 mar 2012

The Tenaris group on Thursday said it has bought one of the two production units owned by US oil and gas equipment maker Cameron. more

1 mar 2012

Retailer METRO Cash & Carry Romania on Thursday announced the launch of a franchise program for small independent retailers from traditional commerce, which will receive training, consultancy and more

1 mar 2012

The Bucharest bourse opened Thursday with an increase, on high traded values, with the large part of activity focusing on investment fund Fondul Proprietatea (FP.RO). more

1 mar 2012

The Romanian leu opened Thursday flat against the euro, with little to no trading in the market, while other currencies in the region were seeing a similar pattern of evolution. more

1 mar 2012

Romania's unemployment rate was at 7.2% in January, down from 7.5% in the previous month, seasonally adjusted data from the statistics institute INS showed Thursday. more

29 feb 2012

The Bucharest bourse closed Wednesday with an increase, on higher traded values, while the bulk of investment focused on the main investment funds. more

29 feb 2012

Steel processor ArcelorMittal Galati on Wednesday announced it has reduced production because ice is blocking the navigable ways on the Danube, which poses difficulties in deliveries and raw materials more

29 feb 2012

The liberalization of gas prices, requested by the International Monetary Fund and the European Commission, will not result in a strong increase of fees, to import levels, since purchase power is low more

29 feb 2012

Companies managed by liquidator Casa de Insolventa Transilvania (CITR) have debts worth a total EUR1.9 billion and assets evaluated at EUR430 million, according to company co-founder Andrei Cionca. more

29 feb 2012

Romanian private healthcare provider Gral Medical on Wednesday said it is expecting sales of EUR18.5 million for 2012, up 23% on the year. more

29 feb 2012

Cement maker Holcim Romania posted a 7.3% year-on-year rise in cement and clinker volumes sold in 2011, based on large urban projects and investment in infrastructure, the Swiss group said in its more

29 feb 2012

Austrian lender Erste Group Bank (EBS.RO) Wednesday announced a net profit after minorities worth EUR254.1 million for the fourth quarter of 2011, which cuts the net loss for the year after minorities more

29 feb 2012

Romanian online store eMAG.ro Wednesday said its sales rose 42% on the year to EUR145 million in 2011, but the result was below forecasts of EUR150 million. more

29 feb 2012

Brewer Heineken Romania on Wednesday announced sales of 1.04 billion lei (EUR245.3 million) for 2011, up 11.5% on the year, fueled by an increase in sold volumes. more

29 feb 2012

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday called a shareholder meeting for April 4, to hold debates on a proposition to sell assets and distribute the cash to shareholders, while more

29 feb 2012

Romanian oil group Rompetrol on Wednesday said it is expecting consolidated sales to increase 38% this year, to $9.4 billion, from $6.8 billion in 2011, backed by the completion of investment in more

29 feb 2012

The Bucharest bourse opened up Wednesday, with chemical company Oltchim (OLT.RO) and lender Erste Group Bank (EBS.RO) among the top-traded issuers, the first becasue of speculation and the latter more

29 feb 2012

Austrian lender Erste Group Bank (EBS.RO) Wednesday announced it has made provisions for compensation pay in Hungary and Romania, which contributed to a 2.6% increase of staff expenditure, to EUR2.32 more

28 feb 2012

The Bucharest bourse closed Tuesday with an increase, on low traded volumes, with the bulk of activity focusing on investment fund Fondul Proprietatea (FP.RO) and the five regional investment funds, more