15 apr 2011

The Bucharest bourse closed Friday below par, on lowered trading values, while four of the five regional investment funds, or SIFs, managed to stay in the green. more

15 apr 2011

The Romanian leu kept its gains versus the euro mid-session Friday, and the central bank’s reference strengthened to 4.0966 units, from 4.1021 in the previous session. more

11 apr 2011

The rents for apartments in Romania’s capital city Bucharest dropped by up to 14% in the first quarter compared with the same period of 2010, with the largest fall in case of 3-room flats, according more

31 mar 2011

Vienna Insurance Group, or VIG, Thursday reported a 17.9% increase in its profit before taxes in Romania in 2010, to EUR28.5 million, despite a 13% fall in its premium revenue to EUR528.1 million. more

29 mar 2011

InterAgro Group, owned by Romanian businessman Ioan Niculae, will close down its chemical plants from Turnu Magurele and Slobozia starting April 1, and, respectively April 8, blaming the authorities' more

28 mar 2011

Romanian lender UniCredit Tiriac Bank appointed Marco Esposito, corporate head at UniCredit’s Bulgarian subsidiary, as vice-president in charge with the corporate division starting April 1. more

25 mar 2011

Romanian generic drug maker Zentiva Bucuresti (SCD.RO) forecasts a net profit of 49.4 million lei (EUR1=RON4.0881) for 2011, down 14% on the year, on lower sales, the company said in a statement more

25 mar 2011

Romanian construction company Cominco Bucuresti (COBS.RO) appointed Ciprian Ungureanu as the new general manager starting Thursday, replacing Florin Camarasu, who resigned from the position, the more

25 mar 2011

Romanian oil company OMV Petrom (SNP.RO) forecasts a net profit of 2.316 billion lei (EUR1=RON4.0881) for 2011, up 29.3% on the year, despite lower sales, the company said in a report Friday. more

23 mar 2011

Romania’s sole nuclear power plant in Cernavoda functions in good safety conditions for both environment and people, with all spare parts being bought according to law requirements, the plant’s more

21 mar 2011

Several stakes totaling 12.7% in Romanian property company Prodplast Imobiliare (PPLI.RO) were sold Monday on the alternative trading system of the Sibiu bourse Sibex for 14.7 million lei more

19 ian 2011

US constructions group Bechtel International and two other consortia sent EnergoNuclear letters of intent for the construction of two reactors at Romania's sole nuclear power plant in Cernavoda, in a more

18 ian 2011

German utility RWE gave up building a wind farm in Dobrogea region, southeastern Romania, as it failed to obtain all the necessary construction licenses, Tuesday said Karin Canta, the group’s more

17 ian 2011

The net assets of Romania’s five regional investment funds SIFs fell 6.5% on the year in 2010, at 6.97 billion lei (EUR1=RON4.2578), the fund managers' association data showed Monday. more

17 ian 2011

Romanian Andromede Decor, the owner of gift and home decor retailer bam boo, entered insolvency procedures in order to reorganize its activity. more

17 ian 2011

Radu Tanasescu, former chief operating officer of real estate developer Anchor Grup, was named managing partner at Coldwell Banker Affiliates of Romania, to coordinate the latter’s newly-created more