28 feb 2012

Managers expect a moderate increase in industry and relative stability in construction, retail and services for the February-April interval of 2012, according to data published Tuesday by the Romanian more

28 feb 2012

There were 1,732 buildings permits issued for residential projects in January, down 0.5% on the year, the statistics institute INS said Tuesday. more

21 dec 2011

The leu opened Wednesday with a strengthening trend against the euro, on low traded volumes, while activity was reduced in the market. more

21 dec 2011

The Bucharest bourse opened Wednesday with a slight increase, on low traded volumes, while investors were focusing mainly on the shares of financials. more

17 dec 2011

Bankers are having a tough time digesting the economic crisis, which is now entering its fourth year, and this is clearly shown in the results. After record profits in 2008, the peak year, of more more

16 dec 2011

Romanian IKEA supplier Sortilemn said it will conclude this year with a turnover of EUR30 million, up 36% from EUR22 million in 2010. more

16 dec 2011

Romanian construction firm CON-A, owned by businessman Mircea Bulboaca, expects sales to reach EUR55 million by the end of 2011, up 19% on the year. more

12 dec 2011

Regional investment fund SIF Moldova (SIF2.RO) will transfer its remaining 4.74% stake in BCR to Austrian group Erste, receiving a 1% Erste stake in exchange. more

12 dec 2011

Oil group Rompetrol on Monday announced it plans to resume oil drilling in Libya in the first quarter of 2012, since the political situation seems to have stabilized. more

12 dec 2011

The Economy Ministry on Monday announced that it has selected PricewaterhouseCoopers as advisers for the preparation and unfolding of privation at chemical plant Oltchim (OLT.RO). more

6 dec 2011

The overall value of stock-exchange listed companies fell by EUR7.8 billion since the beginning of the year, despite the listing of investment fund Fondul Proprietatea (FP.RO) in January this year. more

6 dec 2011

The reduction in the number of projects in the private sector, the price battle and public sector issues have hindered the development of the Romanian software and IT services market, says Eugen more

3 dec 2011

The private resources of the FGDB, a fund guaranteeing bank deposits, will be used to finance the bridge-bank, while public funds will only be used in the form of a loan granted by the Finance more

2 dec 2011

The Bucharest bourse closed Friday with a visible upward trend, but trading remained low and investors focused mainly on financials and OMV Petrom (SNP.RO). more

29 nov 2011

Pharmaceutical marketing and retail firm Romastru Trading plans a turnover of EUR90 million this year and it has started a process of regional expansion that could double its turnover in the long run. more

28 nov 2011

Austrian group Kapsch, with a turnover estimated at EUR1 billion in the current fiscal year, plans a strong development of its IT&C business line in Romania, but it is mainly focusing on projects that more

25 nov 2011

The Bucharest bourse opened Friday slightly up on the day, on low traded values, while investors were focusing mainly on shares of energy companies and investment funds. more

25 nov 2011

Romanian chemical company Oltchim Ramnicu-Valcea (OLT.RO) will keep some 1,000 employees on furlough in December as well, for the fifth consecutive month of furlough, because of raw material and more

22 nov 2011

The leu opened Tuesday nearly flat against the euro, but it soon started to strengthen, in line with other currencies in the region. more

21 nov 2011

"We have 1,000 seats available for the New Year’s Party in the hotel’s restaurant, more than last year, when we hadn’t opened the SteakHouse restaurant. So far, we have reservations for about more

21 nov 2011

Romanian lender BCR, owned by Erste Group Bank (EBS.RO), issued a EUR20 million loan for pipe maker TMK-Artrom Slatina (ART.RO). more

21 nov 2011

The leu opened Monday slightly stronger against the euro and maintained the trend, while dealers in the market expect the central bank to intervene again and keep the leu stable. more

21 nov 2011

The Bucharest bourse opened Monday in the red, on low traded values, while investors were mainly focusing on the five regional investment funds, or SIFs, and Fondul Proprietatea (FP.RO). more

18 nov 2011

The Bucharest bourse opened Friday with a barely noticeable increase, on low traded volumes, but it soon fell below par, while investors were focusing on the five regional investment funds, or SIFs, more

18 nov 2011

The Romanian leu opened Friday nearly flat against the euro, it weakened in the first minutes of trading only to soon return to previous levels, prompting dealers to suspect an intervention of the more