9 apr 2012

Romanian liquidator RVA Insolvency, court-appointed administrator of retail networks Mic.ro and miniMax, will ask creditors to allow bankruptcy for the two firms, since sale talks failed. more

9 apr 2012

French group Auchan took over from Flavus Investitii the real estate project developed on the former Tractorul industrial platform in central Romanian city Brasov. more

9 apr 2012

The Romanian leu traded in a tight range Monday as most European markets are closed for the Easter holiday, and the central bank set a reference rate of 4.3683 units, slightly changed from 4.3711 more

6 apr 2012

The Bucharest bourse closed almost flat Friday, on very low traded values, with activity focusing mostly on investment fund Fondul Proprietatea (FP.RO) and regional investment fund SIF Oltenia more

6 apr 2012

The Romanian leu gained some ground against the euro in late-trade Friday, while other markets in the region were closed for the Catholic Easter. more

6 apr 2012

The shareholders of regional investment fund SIF Moldova (SIF2.RO) on Friday appointed Valentin Ionescu as member of the Managing Board, with some 70% of votes. more

5 apr 2012

The Bucharest bourse closed Thursday with a decline, on very low traded values, with the bulk of activity focusing on the financial stocks, as usual. more

5 apr 2012

Beer maker Heineken Romania will have Onno Rombouts as managing director starting June 1, replacing Jan Derck van Karnebeek who was promoted as regional president of Heineken Central and Eastern more

5 apr 2012

Real estate developer AFI Europe will soon start construction on a mall in southern Romanian town Ploiesti, 60 km north of Bucharest, with a completion deadline set for the second half of 2013. more

5 apr 2012

Romanian fertilizer maker Azomures (AZO.RO) needs to unfold environment investment worth EUR170 million by the end of 2015, according to the new environment permit received from local authorities. more

5 apr 2012

Romanian safety equipment supplier Renania Targu Mures on Thursday said it expects sales to rise 26% this year, to EUR28 million, and the plan is to reach a turnover of EUR40 million by the end of more

5 apr 2012

Retailer Mega Image, part of Belgian group Delhaize, will launch Friday its 16th Shop&Go store on the Romanian market, with plans to launch another two such units by the end of April. more

5 apr 2012

Romanian group Bioromoil, owned by businessman Vladislav Chetrar, expects sales to reach some $230 million this year, up 30% from $166 million in 2010, according to the group’s retail head, more

5 apr 2012

Romania will continue its nuclear energy strategy, but there might be some important changes in the near future, and the government needs to consider issuing state guarantees for the funding of more

5 apr 2012

The Bucharest bourse opened Thursday with an upward tendency, on very low traded values, with most of the activity focusing on Fondul Proprietatea (FP.RO) and Erste Group Bank (EBS.RO). more

5 apr 2012

The Romanian leu opened Thursday stronger against the euro, in a quiet market, while other currencies in the region were seeing similar evolutions. more

4 apr 2012

Romanian construction materials maker Somaco Grup Prefabricate, owned by Swedish Oresa Ventures, on Wednesday reported a 31% year-on-year rise in sales for 2011, to EUR21 million. more

4 apr 2012

The Bucharest bourse closed Wednesday in the red, on little to no trading, with the bulk of activity focusing on state-owned power grid operator Transelectrica (TEL.RO), while Fondul Proprietatea more

4 apr 2012

Romania’s natural gas and shale gas reserves may be enough to cover local consumption, but it’s too soon to make an evaluation, Alexandru Patruti, president of mineral resources regulator ANRM, more

4 apr 2012

Romanian mineral resources regulator ANRM will issue permits for new oil and gas blocks in the Black Sea, after the government approves agreements concluded in 2010. more

4 apr 2012

The largest shareholders in Romanian investment fund Fondul Proprietatea (FP.RO), US hedge fund Elliottt Associates and City of London, will have three seats in the Board of Representatives, as more

4 apr 2012

The European Commission is looking into the possibility of state aid granted to the energy “wise guys” through the bilateral contracts signed with hydropower producer Hidroelectrica, and the local more

4 apr 2012

Shareholders of Romanian investment fund Fondul Proprietatea (FP.RO) approved Wednesday, in principle, the fund’s secondary listing on the Warsaw bourse. more

4 apr 2012

The Bucharest bourse opened Wednesday in the red, on low traded values, while traditional favorite Fondul Proprietatea (FP.RO) was suspended from trading for a shareholder meeting. more

4 apr 2012

The Romanian leu opened Wednesday slightly weaker against the euro, in a quit market, while other currencies in the region were on an oscillating trend. more