4 nov 2011

Regional investment fund SIF Banat-Crisana (SIF1.RO) on Friday reported a net profit of 20.6 million lei (EUR4.9 million) for the first nine months of the year, compared to RON44.3 million in the same more

4 nov 2011

The Bucharest bourse closed Friday with a slight increase, on moderate traded values, while players focused mainly on the shares of financials. more

4 nov 2011

The prices of new homes may continued to decrease in Bucharest, given the reduced sales seen this year and the probability for demand to remain low in the near future as well, according to a report by more

4 nov 2011

Enel Trade Romania, owned entirely by Italian utilities group Enel, reduced its share capital by 53 million lei (some EUR12 million), to RON21.2 million, to cover loss registered in previous years. more

3 nov 2011

Energy and gas prices need to be aligned with European ones between 2013 and 2015, or it will not secure necessary investment, worth EUR35 billion by 2020, especially on the energy segment, Thursday more

3 nov 2011

State-owned power grid operator Transelectrica (TEL.RO) on Thursday announced it has launched a pilot-project, in partnership with Bucharest business consultants Nova Industrial, to monitor power more

3 nov 2011

Farming machinery maker Mecanica Ceahlau (MECF.RO) on Thursday reported a nine-month profit of 6.8 million lei (EUR1.6 million), while revenue widened by 52.3% on the year. more

3 nov 2011

The leu opened Thursday slightly weaker against the euro, in line with developments on international markets, as everyone fears the outcome of the upcoming Greek referendum on the EU bailout. more

3 nov 2011

The Bucharest bourse opened Thursday with a slight decrease, on low traded values, while investors were focusing mainly on Erste Group Bank (EBS.RO) and Transgaz (TGN.RO). more

3 nov 2011

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Thursday reported a net profit of 283.9 million lei (EUR67.5 million) in the first nine months, barely changed from RON284.2 more

2 nov 2011

The government approved a new exploration, development and drilling agreement between local mineral resources manager ANRM and Irish Moesia Oil and Gas, for a block spanning over some 1,000 square more

2 nov 2011

Condmag Brasov (COMI.RO) will build a gas pipe worth 27.2 million lei (EUR6.2 million) for state-owned gas transporter Transgaz (TGN.RO). more

2 nov 2011

The sale of greenhouse gas certificates, suspended in August because of inventory deficiencies, may be resumed in 2012, and the Finance Ministry will handle the sales, according to a draft government more

2 nov 2011

The leu closed Wednesday flat against the euro, losing ground gained earlier in the day, while other currencies in the region were also weakening versus the euro. more

2 nov 2011

The Bucharest bourse closed Wednesday with a slight decrease, while the five regional investment funds, or SIFs, stayed in the green and investors focused mainly on Fondul Proprietatea (FP.RO) and more

2 nov 2011

Retail chain Mega Image, part of Belgian group Delhaize, on Wednesday launched its 100th store, in northern Bucharest. more

1 nov 2011

The Bucharest bourse closed Tuesday with a solid decrease, on negative sentiment caused by news that Greece will hold a referendum on the bailout it was offered by the European Union. more

1 nov 2011

The general manager of aluminum maker Alro Slatina (ALR.RO), Gheorghe Dobra, on Tuesday was appointed member of the Managing Board. more

1 nov 2011

The average asking price for apartments declined 2.4% on the month in October, according to data published Tuesday by realty ads website imobiliare.ro. more

1 nov 2011

Agricola Bacau on Tuesday reported sales of 385 million lei (EUR90.92 million) for the first nine months of the year, up 23% from RON313 million in the same interval of 2010. more

1 nov 2011

Banks in Romania will require a down payment of at least 25% for mortgage loans in euro and 40% for mortgage loans in other currencies, if the client’s incomes is not expressed and indexed in the more

1 nov 2011

The Bucharest bourse opened Tuesday with a slight decrease, on renewed fears of a Greek debt-caused crisis, while investors were still focusing on the shares of Azomures (AZO.RO). more

1 nov 2011

The leu opened Tuesday weaker against the euro, in line with other currencies in the region, after an announcement that Greece would hold a referendum on the new European bailout agreement. more

1 nov 2011

Romania’s energy resources rose 1% in 2010 compared with the previous year, while consumption widened by 1.6%, the country's national statistics office said Tuesday. more

31 oct 2011

The Bucharest bourse closed Monday with a solid decline, after spending the entire session below par, while the shares of fertilizer maker Azomures (AZO.RO) were allowed variation of up to 40% on the more