23 dec 2011

Authorities and the International Monetary Fund agreed to remove electricity distributor Electrica SA from the list of companies to receive private management. more

23 dec 2011

The Economy Ministry extended until January 20, 2012, the deadline by which head hunters may bid in the auction for the selection of private management at state-owned companies. more

23 dec 2011

The Bucharest bourse opened Friday with an upward trend, but traded volumes were low, as Christmas nears. more

23 dec 2011

The leu opened Friday with a strengthening tendency towards the euro, on very low traded volumes, in pre-holiday trading marked by low volumes. more

22 dec 2011

The Bucharest bourse closed Thursday with an oscillating trend, on low traded values and activity still focused on financial stocks. more

22 dec 2011

The number of companies going insolvent in Romania in November increased by 15% on the month, to 2,062 from 1,783 in the previous month, according to trade registry data. more

22 dec 2011

Romania's E.ON Gaz Distributie has invested a total 180 million lei (EUR42 million) this year, mainly in upgrades of its gas network, company general manager Virgil Metea said Thursday. more

22 dec 2011

The Bucharest court decided to cancel a shareholder decision from September 2010, which amended the statute of investment fund Fondul Proprietatea (FP.RO) and enabled the appointment of Frnaklin more

22 dec 2011

Romanian electronics retailer Flanco on Thursday said it has opened five stores in December, following an investment of 14 million lei (EUR3.25 million). more

22 dec 2011

German retail group Rewe on Thursday announced it has launched five new stores under the brand Penny market in Romania, bringing its local network to a total 128 units nationwide. more

22 dec 2011

Romanian lender Banca Transilvania (TLV.RO) plans to buy back 0.67% of its shares in the first half of 2012, for an estimated 10.32 million lei (EUR2.4 million), under an employee loyalty program. more

22 dec 2011

French Dyneff, owned by the Rompetrol group, on Thursday announced it has expanded its gas station network in France after launching a new station some 320 km from Paris. more

22 dec 2011

The Bucharest bourse opened Thursday with an oscillating trend, on very low traded volumes. more

22 dec 2011

The leu opened flat against the euro Thursday, on low traded volumes. more

21 dec 2011

Furniture maker Mobexpert on Wednesday reported a 3% year-on-year rise in sales this year, and it expects sales to rise by another 2%-3% in 2012, from some EUR115 million in 2010. more

21 dec 2011

The Bucharest bourse closed Wednesday with an increase, on improved traded values, while investors kept focusing on financials more

21 dec 2011

The Romanian Competition Council's report on the fuel market investigation recommends differentiated fines between companies, the body's president, Bogdan Chiritoiu, said Wednesday. more

21 dec 2011

Fast food chain McDonald's Romania expects sales to top EUR100 million this year, after reporting a turnover of some EUR99 million in 2010. more

21 dec 2011

Romanian authorities decided to suspend an auction held by hydropower producer Hidroelectrica, for a computer system in a contract worth an estimated 47.4 million lei (some EUR10 million), following more

21 dec 2011

Although 2011 was a good year for agriculture and food producers, 2012 might not be as good, because of economic uncertainty and the droughts seen this year in Romania, a local food maker said more

21 dec 2011

Romanian insurer AXA Life Insurance won in November an auction held by electricity distributor Electrica, for a 18.1 million lei (EUR4.23 million) health insurance contract. more

21 dec 2011

Nuclearelectrica, operator of Romania's sole nuclear power plant, Wednesday restarted the reactor 2, after a malfunction was remedied. more

21 dec 2011

Romanian construction materials maker Teraplast (TRP.RO) Wednesday said it has sold its ceramic tile business to Teracota Bistrita, for EUR1 million. more

21 dec 2011

Romania's structural deficit will drop from 2.8% of the gross domestic product this year, to 0.1% of the GDP in 2012, thus respecting the 0.5% limit established in the latest European summit, more

20 dec 2011

The shareholders of insurer Eureko Asigurari de Viata have decided to create a new deputy general position, which will be held by current chief commercial officer Alexandru Leondari. more