31 mar 2015

Romania’s banking system has enough liquidity but unevenly distributed, so that some lenders cannot access it and prefer to borrow from the central bank at weekly repo auctions, central bank more

31 mar 2015

Romania’s central bank on Tuesday lowered its main monetary policy rate by 25 basis points to a new record low of 2%, in a largely expected move, the sixth rate cut in the current reduction cycle more

31 mar 2015

British DIY retailer Kingfisher had sales of GBP91 million (EUR113.7 million) in Romania in the 2014 financial year (February 2014-January 2015), and posted a loss of GBP12 million. more

31 mar 2015

Romania's unemployment rate was down to 6.4% in February, from 6.5% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday. more

30 mar 2015

Romania’s central bank is likely to lower its main monetary policy rate by 25 basis points to a record low of 2% in its Tuesday board meeting, the last rate cut in the current cycle, according to a more

30 mar 2015

Romania’s largest natural gas producer Romgaz (SNG.RO) Monday announced two new onshore gas discoveries, which account for 3% of its daily production. more

30 mar 2015

Romanian nuclear power company Nuclearelectrica (SNN.RO) reconnected one of its reactors to the power grid after performing some repair works, the company said Monday. more

30 mar 2015

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

30 mar 2015

Romanian housing permits went up 34.3% to 2,249 units in February, from 1,647 units a month earlier, the country’s statistics institute INS said Monday. more

27 mar 2015

The euro-zone economy had a positive start of the year, and business sentiment in Germany continued to improve, Euler Hermes noted in this week's Export Risk Outlook report. more

27 mar 2015

The Bucharest stock exchange closed slightly lower Friday, with the main stocks affected by the the budget proposals made in advance of shareholder meetings. more

27 mar 2015

Dutch financial group proposed the appointment of Mariana Gheorghe, chief executive of Romania’s largest company OMV Petrom (SNP.RO), as non-executive member of its Supervisory Board. more

27 mar 2015

The Romanian leu stayed on a positive trend in the second half of Friday session, on reduced transferred volumes, and it strengthened from the previous day. more

27 mar 2015

Romanian nuclear power producer Nuclearelectrica (SNN.RO) plans to pay a four-time lower dividend from last year’s profits following the abrupt decrease of its net result. more

27 mar 2015

Romanian electricity distribution company Electrica (EL.RO) proposed the payment of a gross dividend of 0.7217 lei (EUR0.16) per share from the 2014 profits, the company said in a statement Friday. more

27 mar 2015

Romanian pharmaceutical producer Antibiotice Iasi (ATB.RO) plans to pay dividends of 15.74 million lei (EUR3.5 million), about half of last year’s net profit, according to documents prepared for the more

27 mar 2015

The Romanian leu continued its decline against major currencies Friday, and the central bank set the exchange rate at 4.4242 per euro. more

26 mar 2015

The Romanian leu continued its decline against the euro in the second half of Thursday session, in line with the trend in the region. more

26 mar 2015

The Romanian leu fell against the euro Thursday, continuing the declining trend noticed in the second part of the previous session, and the central bank set the official reference at 4.4208 units. more

26 mar 2015

Romania’s Finance Ministry Thursday sold a planned 1 billion lei (EUR226.2 million) in 12-month treasury bills, with the average yield rising to 1.62%. more

26 mar 2015

Private equity behemoth Carlyle Group will buy Sterling Resources’ Black Sea oil exploration business for a cash consideration of $42.5 million, the two companies said Thursday. more

25 mar 2015

Romanian state-owned power grid operator Transelectrica (TEL.RO) started earlier a few investment projects announced for 2016 and 2017 as it expects an “investment boom” in 2017-2018, the more

25 mar 2015

The Bucharest stock exchange closed slightly lower Wednesday, after staying in green territory earlier in the day, while the traded values declined. more

25 mar 2015

The Romanian leu lost ground against the euro in the second half of Wednesday session, unlike the other currencies in the region, but the transferred volumes were reduced. more

25 mar 2015

Romanian lender Banca Transilvania (TLV.RO) plans to raise its share capital by 417.38 million lei (EUR94.7 million), by including part of its reserves, the bank said in a statement Wednesday. more