30 apr 2015

Romanian online retailer eMAG.ro will buy online retailer Fashion Days, both companies being owned by Naspers group, the company said in a statement Thursday. more

30 apr 2015

The 2014 edition of the Most Valuable Companies in Romania yearbook shows the economic reality five years after the financial crisis. This year's top showcases recent developments in the economy. more

30 apr 2015

Romanian lender Banca Transilvania (TLV.RO) Thursday reported a net profit of 151.5 million lei (EUR34.3 million) for the first quarter, up 46.5% on the year-earlier period. more

29 apr 2015

Romanian aluminum smelter Alro Slatina (ALR.RO) estimates a profit of $63.6 million for this year after losses in the past years, the company said Wednesday. more

29 apr 2015

Romania needs to complete major adjustments of its economic policies before entering the exchange rate mechanism, the anteroom of the euro-zone, said central bank governor, Mugur Isarescu. more

29 apr 2015

The Bucharest city’s bond issue was twice oversubscribed, and the yields are about one percentage point higher than the treasury yields, according to one of the brokers running the offer. more

29 apr 2015

Romanian investment fund Fondul Proprietatea (FP.RO) Tuesday started trading in London, after listing its global depositary receipts (GDRs) on the Specialist Fund Market. more

29 apr 2015

Romania’s largest oil&gas company OMV Petrom (SNP.RO) will pay a gross dividend of 0.112 lei (EUR0.025) per share from 2014 profits, almost three times lower than last year, according to the more

28 apr 2015

Philip Morris International (PMI) invested $10 million last year to expand production capacity at its cigarette factory in Otopeni, near Bucharest, and investments will continue this year, the company more

28 apr 2015

The listing of 15 companies which have or have not been privatized yet, are either minority or majority owned by the state or have already been listed, would bring the government over EUR1 billion, more

28 apr 2015

The city of Bucharest plans to raise up to 2.2 billion lei (EUR500 million) in several bond issues to fund the repayment of a 10-year bond that falls due in June, market sources told Mediafax. more

28 apr 2015

Romania’s Finance Ministry Tuesday sold a planned 1 billion lei (EUR226.8 million) in 11-month treasury bills, at an average yield of 1.46% per year. more

28 apr 2015

Romania’s budget posted surplus after the first three months as the country recorded higher tax revenues, while investment expenses were cut, data from the Finance Ministry showed Tuesday. more

28 apr 2015

Revenues of telecom operator Orange Romania increased 6.4% on the year in the first quarter, to EUR221 million, excluding the impact of regulatory measures, after a 4.5% growth in the last quarter of more

28 apr 2015

Romanian managers predict activity in all economic sectors will grow over the April-June period compared with the previous three months, the statistics institute INS said in a survey released Tuesday. more

28 apr 2015

Romanian housing permits went up 44.6% to 3,253 units in March, from 2,249 units a month earlier, the country’s statistics institute INS said Tuesday. more

27 apr 2015

Romanian private lending continued its downward trend in March, after a 0.4% monthly decline in February, central bank data showed Monday. more

26 apr 2015

Realty consulting firm Coldwell Banker Affiliates of Romania estimates a 15%-20% turnover increase this year, to over EUR6 million (e.n.), mainly due to apartment sales, which might double compared to more

24 apr 2015

Romania’s leu appreciated against the euro in early session Friday, trading below 4.42 units. more

23 apr 2015

Romania’s Finance Ministry Thursday raised a planned 400 million lei (EUR90.5 million) in a reopening of a five-year bond due June 2019, while the average yield fell slightly to 2.33%. more

22 apr 2015

Idea Bank, the new bank of Polish Getin Holding, built on the foundation of the former Romanian International Bank (RIB), which the group took over in late 2013, wants to make the top 10 in the next more

21 apr 2015

Cigarette producer Japan Tobacco International (JTI) appointed Mark Rock as general manager for Romania, Moldova and Bulgaria, as of April 1, replacing Charlie Cunningham-Reid who took helm of JTI’s more

20 apr 2015

Romania’s Finance Ministry on Monday raised a planned 200 million lei (EUR45 million) in a reopening of a ten-year bond due June 2021, with the average yield rising slightly to 2.7% a year. more

20 apr 2015

Romanian investment fund Fondul Proprietatea (FP.RO) expects the listing of its global depositary receipts (GDRs) on the London Stock Exchange will take place next week, the fund manager said in a more

20 apr 2015

Romanian insolvent hydropower producer Hidroelectrica posted a gross profit of RON405 million (EUR91 million) in the first quarter, more than double compared to the same period last year, as more