8 dec 2011

Romanian adjusted industrial production rose 4.8% in October compared with the same period a year before, on increases in all sectors, the country’s statistics institute INS said Thursday. more

7 dec 2011

The Fondul Proprietatea (FP.RO) representative in the Managing Board of Bucharest Stock Exchange operator BVB (BVB.RO), Grzegorz Konieczny, gave up his position within BVB. more

7 dec 2011

The Finance Ministry transferred in November a total 1.74% stake in investment fund Fondul Proprietatea (FP.RO), as compensation, which narrowed the ministry's stake in the fund to 4.19%. more

7 dec 2011

PricewaterhouseCoopers Audit will supply the Communications Ministry with technical, economic and legal expertise in the evaluation of shareholder options on the listing of telephony operator more

7 dec 2011

A company owned by businessman Emanuel Muntmark, Ewind Constanta, took out a EUR68 million loan from Erste Bank, to fund the construction of a wind farm in southeast Romania, people close to the more

7 dec 2011

The Bucharest bourse closed Wednesday roughly flat on the day, on low traded volumes, while investors focused mainly on financial stocks. more

7 dec 2011

Romanian private healthcare provider MedLife on Wednesday launched an orthopedics and trauma hospital in Bucharest, following an investment of EUR8.5 million. more

7 dec 2011

Austrian Immofinanz has 42 residential projects in Romania, with a total surface of 1.4 million square meters upon completion, with most of the property located in Bucharest or its surroundings. more

7 dec 2011

US-based Euronet Worldwide announced it has bought Smart PayNetwork (PayNet), a Romanian payment services supplier that processes around 15 million card transactions each year. more

7 dec 2011

Romanian Economy Minister Ion Ariton on Wednesday said a total 500 employees will be laid off, by December 31, from thermal power producer Turceni and mining company SNLO. more

7 dec 2011

The price of natural gas for industrial consumers will grow by another 5% starting January 2012, under an agreement concluded between the Government and the International Monetary Fund. more

6 dec 2011

U.S. car parts maker Johnson Control announced it has bought the automotive division of Romanian polyurethane foam maker Spumotim Timisoara, for an undisclosed amount. more

6 dec 2011

The shareholders of Romanian lender Banca Carpatica (BCC.RO) on Tuesday appointed Silviu Popa as member of the Supervisory Board, replacing Emilia-Elena Uca, who resigned in May. more

6 dec 2011

The number of real estate transactions unfolded in Romania between January and October rose 11% on the year, to 526,558, the land registry authority ANCPI said Tuesday. more

6 dec 2011

The Bucharest bourse closed down Tuesday, on very low traded values, while the five regional investment funds, or SIFs, dove almost 4%. more

6 dec 2011

Romanian Economy Minister Ion Ariton told MEDIAFAX Tuesday that Constantin Trihenea, general manager of state-owned hydropower producer Hidroelectrica, resigned for personal reasons. more

6 dec 2011

Romania's thermopane market could decline in value to EUR350 million this year, from EUR500 million in 2010, and the best case scenario points to an overall value of EUR400 million, Tuesday said more

6 dec 2011

Romanian state-owned mining company SNLO, one of the main coal suppliers for thermal power plants, will lay off 300 employees by the end of the year. more

5 dec 2011

The Government reversed its decision to cancel the auction selecting a broker for the sale of a 20% stake in airline Tarom, after the rejected sole bidder changed its offer and halved the commission more

5 dec 2011

Regional investment fund SIF Muntenia (SIF4.RO) collected 70.1 million lei (EUR16.1 million) from Austrian Erste, representing the cash component delivered this year in the deal whereby the SIF sells more

5 dec 2011

Regional investment fund SIF Moldova (SIF2.RO) collected 123.6 million lei (EUR28.39 million) from Austrian Erste for the 6% stake it held in lender BCR. more

5 dec 2011

The Bucharest bourse closed Monday with a solid increase, on low traded values, while the five regional investment funds, or SIFs, dropped 1.8% on average. more

5 dec 2011

Realty developer Willbrook International on Monday announced that chief executive officer Daiana Voicu resigned citing personal reasons, and chief operations officer George Ispas will replace her on more

5 dec 2011

The Romanian government expects to collect between EUR20 million and EUR60 million for the 20% stake it plans to sell in airline Tarom on the local stock market. more

5 dec 2011

South-African realty investment fund New Europe Property Investments (NEP.RO) on Monday announced it has drawn EUR40 million from shareholders and investors within a share capital increase, and the more