9 apr 2015

Fitch Ratings has affirmed the long-term issuer default rating of UniCredit Tiriac Bank at BBB and revised the outlook to stable from negative, following a similar move on the Romanian lender's more

8 apr 2015

Belgium-held group Atenor took out a loan of EUR30 million from Garanti Bank, which will be used to refinance the first building of Bucharest-based office compound Hermes Business Campus and finance more

7 apr 2015

Romanian lender Banca Transilvania (TLV.RO) completed Tuesday the acquisition of Volksbank Romania, in a deal valued at more than 710 million euros. more

7 apr 2015

Romania will cut starting June the value added tax rate for all food products, including non-alcoholic drinks and restaurant services, prime minister Victor Ponta said Tuesday. more

7 apr 2015

Romania’s statistics institute revised slightly down the economic growth estimate for 2014, despite envisioning a higher increase in the fourth quarter. more

7 apr 2015

Romania’s industrial sector received fewer orders in February, another sign of slowdown in one of the main engines of last year’s economic growth, data released by the country’s statistics more

7 apr 2015

Romanian industrial sales rose 2.3% in February compared with the previous month, but were down against the same period of 2014, data released by the statistics institute INS showed Tuesday. more

6 apr 2015

The Romanian leu fell slightly against the euro Monday after a very quiet session as most of European markets are closed due to Easter holidays. more

6 apr 2015

Pharmaceutical producer Gedeon Richter Romania on Monday said it plans to increase its share capital by RON10 million (nearly EUR2.3 million), through shareholder cash contributions by issuing new more

6 apr 2015

Renault Technologie Roumanie (RTR), the engineering center of French carmaker Renault, has a new general manager as of April 1, Pascal Candau, replacing Sorin Buse who will take on new more

6 apr 2015

First quarter data show that the collection of state budget revenues exceed the estimated schedule by RON3-3.5 billion, which allows the lowering of the value-added tax this year, Prime Minister more

6 apr 2015

The average salary in Romania fell 0.5% in February to 1,731 lei (EUR393) from RON1,740 in the previous month, data from the statistics bureau showed Monday. more

3 apr 2015

Ford Romania - the National Sales Company has a new general manager as of April 1, Valerio Brenciaglia, replacing Zoltan Brassai, who was made brand director for Ford Europe, the company announced. more

3 apr 2015

Romania’s retail sector slowed down its recovery in February, after a strong output in the past few months, official data showed Friday. more

2 apr 2015

The roadblock in Greece takes longer to clear while the economic growth in Turkey was better than expected, Euler Hermes noted in this week's Export Risk Outlook report. more

2 apr 2015

Romania’s Finance Ministry on Thursday raised a planned 400 million lei (EUR90.7 million) in the reopening of a three-year bond auction, at slightly higher yields. more

2 apr 2015

Romania’s industrial producer price index rose 0.2% in February, after a 0.3% decline in the previous month, the country’s statistics institute INS said Thursday. more

1 apr 2015

Romanian foreign exchange reserves rose by 117 million euros to EUR30.6 billion in March, from EUR30.48 billion in the previous month, central bank data showed Wednesday. more

1 apr 2015

Romania’s Finance Ministry wants to sell government paper worth 2.725 billion lei (EUR617 million) in April, down from RON3.3 billion in the previous month and the lowest issuance plan in more than more

1 apr 2015

Arrivals at Romanian tourism accommodation establishments rose 9.1% in February from the year-earlier month, while overnight staying increased 12.7% on the year, data from the statistics institute INS more

1 apr 2015

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1 apr 2015

Domestic consumption is expected to fuel yet another year of growth, and the Romanian economy is expected to advance 2.8% in 2015, after a similar increase in the year before. more

1 apr 2015

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1 apr 2015

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31 mar 2015

The monetary policy is not defined only by the key rate, but also includes the minimum requirement ratios and the interest rates for other facilities of the central bank, Romania’s central bank more