5 dec 2011

Contracts for the recruitment of private management at Romanian state-owned companies will be concluded for EUR50,000-EUR60,000, while EUR250,000 is the contract value ceiling, Economy Minister Ion more

5 dec 2011

Furniture maker Cotta International Arad on Monday announced that it expects sales to reach EUR65 million this year, mainly based on exports. more

5 dec 2011

Retailer Mega Image, owned by Belgian group Delhaize, Monday announced it has received the clearance from Romanian competition authorities to buy three G'Market stores, and two of the units will be more

5 dec 2011

Romanian oil and gas company OMV Petrom (SNP.RO) and dairy maker Albalact (ALBZ.RO) have the greatest potential for growth on the Bucharest bourse over the next 12 months, according to a report issued more

5 dec 2011

The consultant developing the feasibility study for gas route AGRI (Azerbaijan-Georgia-Romania Interconnector) will be selected in an auction held by the end of this year, according to Romanian more

2 dec 2011

The general manager of nuclear power plant operator Nuclearelectrica, Pompiliu Budulan, resigned. more

2 dec 2011

Electricity and gas prices will rise once regulator ANRE asks energy distributors to approach clients with efficiency solutions, whose costs will be covered through the adjustment of delivery prices. more

30 nov 2011

The Bucharest bourse closed Wednesday on an upward trend, following news that the U.S. Federal Reserve is coordinating a joint effort by the world's largest central banks to ease the liquidity crisis. more

30 nov 2011

Romanian oil group Rompetrol on Wednesday announced it has started drilling operations, for the first time in Romania, following an investment of $8.5 million. more

30 nov 2011

The European Bank for Reconstruction and Development on Wednesday announced it has issued a EUR17.1 million loan to Romanian water utility company S.C. Apa-Canal Sibiu. more

30 nov 2011

Construction company Strabag Romania performed works worth a total EUR117 million in the first nine months of the year, down 2% on the year, but the order backlog nearly tripled to EUR535.9 million, more

30 nov 2011

The Romanian leu opened Wednesday down against the euro, but it soon started to appreciate, with dealers suspecting a central bank intervention to support the currency, after Standard&Poor's reduced more

30 nov 2011

Romanian regional investment fund SIF Moldova (SIF2.RO) has concluded a binding agreement to sell the 6% it owns in lender Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.RO), the latter more

30 nov 2011

The Bucharest bourse opened almost flat Wednesday, on extremely low interest, with the only spark coming from a large transaction in investment fund Fondul Proprietatea (FP.RO) on the deal market. more

30 nov 2011

Romania's unemployment rate fell to 7.3% in October from 7.7% in the month before, seasonally adjusted data from the statistics institute INS showed Wednesday. more

29 nov 2011

The Bucharest bourse closed Tuesday with a modest increase, on low traded values, but the five regional investment funds, or SIFs, dropped 3.5% on average after the Chmaber of Deputies postponed once more

29 nov 2011

Power company Enel Romania on Tuesday announced it has completed construction of a command center for the Muntenia region (southeast Romania) within a EUR90 million investment program that includes more

29 nov 2011

Porsche Finance Group Romania on Tuesday announced it has appointed Alexander Nekolar as chief executive officer, replacing Kurt Leitner who was transfered to a new position within the Porsche Group. more

29 nov 2011

Romanian construction materials and do-it-yourself retailer Dedeman bought a 3.5-hectare plot for EUR6 million in southeast Romania, since it plans to build a second store in Constanta, Tuesday said more

29 nov 2011

Prospectiuni (PRSN.RO), a company owned by Romanian businessman Ovidiu Tender, obtained prospecting permits from the Senegal government for seven blocks, seeking gold, heavy metals and rare metals more

29 nov 2011

The Bucharest bourse opened down Tuesday, on low main market activity, while the deal market saw a transaction worth 6.45 million lei (EUR1.48 million) in constructor Concefa (COFI.RO). more

29 nov 2011

The Romanian leu opened Tuesday slightly stronger against the euro, and remained stable after the first hour of the session, while other currencies in the region were posting modest gains. more

28 nov 2011

The Bucharest bourse closed Monday on a downward trend despite a solid increase in the first half of the session, with Fondul Proprietatea (FP.RO) shares touching a new all-time low since their more

28 nov 2011

Israeli developer AFI Europe collected EUR17.3 million in the first nine months from renting out Bucharest mall AFI Palace Cotroceni, compared to EUR17.7 million in the same interval of 2010. more

28 nov 2011

A 20.5% stake in construction company Concefa Sibiu (COFI.RO) was sold on the Bucharest Stock Exchnage’s deal market Monday, for a total 6.4 million lei (EUR1.4 million). more