12 apr 2012

Romanian brick maker Cemacon (CEON.RO) could pay over EUR300,000 to a financial adviser in negotiations aimed at reducing the debt owed to lender BCR by some EUR10 million. more

12 apr 2012

The Bucharest bourse closed Thursday with a moderate increase, on improved traded values, with almost half of turnover coming from transactions in lender BRD-Groupe Societe Generale (BRD.RO). more

12 apr 2012

Management at Romanian plastic tiles and profiles maker Romcarbon Buzau (ROCE.RO) Thursday announced a plan to buy back at most 10% of shares, in a bid to diminish the share capital, in an operation more

12 apr 2012

The number of companies going insolvent in the first three months in Romania dropped by 13% to 4,414, from 5,082 in the same period of 2011, according to Trade Registry data. more

12 apr 2012

Romanian medicine wholesaler Farmaceutica Remedia Deva (RMAH.RO) expects a pretax profit of 8.7 million lei (EUR1.98 million) this year, up 61% from RON5.41 million in the previous year. more

12 apr 2012

Romanian aluminum systems maker Alumil Rom Industry Bucuresti (ALU.RO) plans to apply for loans worth a total EUR8 million, including EUR5 million to finance investments and the rest for working more

12 apr 2012

French group Carrefour Thursday reported sales of EUR277 million in the first quarter in Romania, up 3.6% from EUR267 million in the same interval of the previous year. more

12 apr 2012

The Bucharest bourse opened Thursday on an upward trend, but the traded values stayed low, with players focusing on the main investment funds and chemical company Azomures (AZO.RO). more

12 apr 2012

The Romanian leu opened Thursday roughly flat against the euro, in a quiet market with low traded volumes. more

12 apr 2012

Romanian nuclear power plant operator Nuclearelectrica on Thursday announced a May 21 deadline for bids from brokers looking to intermediate an initial public offering floating a 10% stake in the more

11 apr 2012

The Bucharest stock exchange closed Wednesday with a slight increase, on low traded values, while the index tracking investment funds closed in the red. more

11 apr 2012

Negotiations for the reevaluation of bilateral contracts concluded by state-owned power producer Hidroelectrica are nearing completion, and the result will be announced “soon after Easter”, more

11 apr 2012

French retail group Auchan will invest between EUR55 million and EUR60 million in the development of the Coresi retail project in central Romanian city Brasov. more

11 apr 2012

The Bucharest bourse opened Wednesday with an oscillating trend, while trading was focusing on the shares of financial issuers, mainly Fondul Proprietatea (FP.RO) and the SIFs. more

11 apr 2012

The Romanian leu opened Wednesday weaker against the euro, but it soon started to recover, prompting dealers to suspect an intervention from the central bank. more

11 apr 2012

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Wednesday said that it has sold the last shares it held in lender BCR to Austrian Erste Group Bank (EBS.RO), and now it stands to collect more

11 apr 2012

Romanian construction materials maker Somaco expects sales to increase by 10%-15% this year, from EUR21 million in 2011, according to Cornel Marian, managing director of Oresa Ventures, the private more

10 apr 2012

The Bucharest bourse closed Tuesday with a decline, on slight improved activity, with investors focusing on the main investment funds. more

10 apr 2012

Romanian meat products retailer Cris-Tim posted a 10%-15% decline in volumes sold in the first quarter this year, but it expects to reach sales worth at least EUR100 million this year, up 25% on 2011, more

10 apr 2012

Cigarette maker Philip Morris Romania on Tuesday announced the appointment of Sorana Mantho as Corporate Affairs director replacing Andrei Vasilescu, who left the company to pursue personal projects. more

10 apr 2012

Romanian cleaning company Romprest will invest some EUR12 million this year, in a wide project meant to improve selective waste collection, transport, sorting and valuation in and around Bucharest. more

10 apr 2012

Romanian Rompetrol Downstream on Tuesday increased pump priced for gasoline by 0.14 lei (EUR0.03) per liter, which means that one liter of Efix 95 costs RON5.94 and premium Alto 101 costs RON6.58 per more

10 apr 2012

US fast food chain Subway launched Tuesday its first restaurant in Romania, in Bucharest, and the group plans to launch 40 units on the local market within the next four years. more

9 apr 2012

The Bucharest Stock Exchange closed down Monday, on very low traded values, as many investors are in holiday mood. more

9 apr 2012

GDF SUEZ Energy Romania, a subsidiary of French utility GDF SUEZ, Monday announced the appointment of its chairman, Eric Stab, as chief executive officer. more