10 ian 2012

Petrom group on Tuesday said it will challenge in court the fine received from Romanian competition authorities following a fuel market probe, saying the measure is unjustified. more

10 ian 2012

Cheap gas deliveries to InterAgro group's plants did not raise any competition red flags, buts this does not mean the state was not prejudiced, Tuesday said Bogdan Chiritoiu, president of the Romanian more

10 ian 2012

Rompetrol, one of the six oil companies fined by the Romanian Competition Council within a fuel market probe, Tuesday said it will challenge the fine in court, since it considers it illegal and more

9 ian 2012

Romania’s energy regulator ANRE will be run by a president and a vice-president, which will be appointed by the head of state, at the proposition of the prime minister, according to a draft law more

9 ian 2012

Shareholders of Bucharest bourse operator BVB (BVB.RO) on Monday appointed Lucian Anghel as Chairman of the Board. more

9 ian 2012

The Bucharest bourse closed slightly down Monday, on very low traded volumes, with very few stocks raising some attention. more

9 ian 2012

Dairy processor Danone Romania on Monday said it has appointed Anca Stroe as marketing director and member of the Board of Directors. more

9 ian 2012

Snacks maker Star Foods has started construction of a EUR2.5 million storage unit in southern Bucharest, according to a news release by project designer and constructor Epstein Architecture & more

9 ian 2012

The three-star Moneasa hotel, in Western Romanian county Arad, was put on sale for EUR4.6 million, the unit’s owner, Nicoara Cret, told MEDIAFAX more

6 ian 2012

The Finance Ministry transferred a total 1.48% in investment fun Fondul Proprietatea (FP.RO) in December, which leaves it with a 0.02% stake to be granted as compensation. more

6 ian 2012

Romanian state-owned gas transporter Transgaz (TGN.RO) will contribute EUR10.2 million, in the first half of the year, to the consolidated budget of the project company developing the Nabucco gas more

6 ian 2012

Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said it expects revenue of 2.62 billion lei (EUR603.9 million), down 6% on the year, but pretax profit is expected to double more

6 ian 2012

Baneasa Shopping City, the mall in northern Bucharest controlled by Romanian businessman Gabriel Popoviciu, collects some EUR1.5 million per month from rents out of 200 retail spaces, revenue used to more

6 ian 2012

The Romanian leu closed slightly down against the euro Friday, on low traded volumes, while dealers suspecting corporate euro purchases aimed at repatriating profit. more

6 ian 2012

The Bucharest bourse closed Friday with a minor increase, on low traded volumes, with investors focusing on the main investment funds. more

6 ian 2012

The managing board of the Bucharest bourse operator BVB (BVB.RO) decided to discuss the introduction of a dualist management system during the shareholder meeting when the results for 2011 are more

6 ian 2012

The Bucharest bourse opened with a slight increase Friday, on low traded volumes, while chemical company Oltchim (OLT.RO) was the top-traded issuer. more

6 ian 2012

The leu opened roughly flat against the euro Friday, amid market apathy, with low traded volumes. more

5 ian 2012

The rate cut announced Thursday by Romania’s central bank will not be felt in the loan interest rates applied by banks, since the measure does not improve liquidity in the system and the market more

5 ian 2012

The Romanian leu closed Thursday on a weakening trend against the euro, following the other currencies in the region, on increased risk aversion. more

5 ian 2012

The Bucharest bourse closed slightly up Thursday, losing part of the early gains in the last 15 minutes of trading, as Wall Street opened down, but the liquidity remained reduced. more

5 ian 2012

The Romanian Competition Council will present next week the results of its fuel market investigation, recommending fines that are below the 10% of turnover ceiling, the authority’s president Bogdan more

5 ian 2012

The Romanian leu weakened against the euro in mid-trade Thursday, mainly due to the depreciation of the euro against the US dollar, and the central bank's exchange rate lost 0.4% to 4.3398 units. more

5 ian 2012

The Romanian competition council applied fines worth a total EUR83.5 million in 2011, representing 80% of all fines issued by the institution in its 14 years of activity, Thursday said Bogdan more

5 ian 2012

The Bucharest bourse opened Thursday undecided, on moderate traded values, while investors were focusing on financials and Oltchim (OLT.RO). more