25 mar 2015

Romanian state-owned power grid operator Transelectrica (TEL.RO) proposes dividends of RON205.5 million (EUR46.7 million) this year, representing 75% of the last year’s accounting profit left after more

25 mar 2015

Raiffeisen Bank Romania posted last year a net profit of EUR113 million, up 8.6% from EUR104 million in the previous year, the lender said Wednesday. more

25 mar 2015

The Romanian leu traded in a narrow range against the euro Wednesday morning, and the central bank set the official rate at 4.4077 units, just a tad weaker than yesterday. more

25 mar 2015

Romania's government will decide in April whether to reduce starting June the standard quota of the value added tax from the current 24% to 20%, or the tax for basic food products from 24% to 9%, more

25 mar 2015

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

24 mar 2015

Romanian state-owned natural gas transport company Transgaz (TGN.RO) plans to launch non-guaranteed corporate bonds of up to 500 million lei (EUR113 million) to finance its investment program until more

24 mar 2015

Around 2% of online acquisitions of IT&C products are carried out by smartphones, as clients generally want to see specifications, reviews and videos of the products, thus they prefer using computers, more

24 mar 2015

Romania's unemployment rate rose to 6.7% in the fourth quarter of 2014, from 6.5% in the third quarter, the statistics institute INS said Tuesday. more

24 mar 2015

Romanian private lending continued its downward trend in February, after a 0.7% monthly decline in January, central bank data showed Tuesday. more

23 mar 2015

Romania’s Finance Ministry on Monday raised a planned 500 million lei (EUR113 million) at a three-month treasury bills auction, with the yield falling to an all-time low of 1.2%. more

20 mar 2015

Electricity distributor E.ON Distributie Romania Targu Mures, part of German utility group E.ON, has completed a 35 million lei (EUR8 million) investment introducing the SCADA system in its electrical more

19 mar 2015

Electronics and IT retailer Flanco expects an increase in shelf prices of IT products toward the end of April, due to the recent appreciation of the U.S. dollar. more

19 mar 2015

BCR has revised upwards its growth forecast for Romania’s gross domestic product to 2.8% in 2015, and 3% next year, supported by domestic consumption amid a low inflation environment. more

19 mar 2015

Romania’s Finance Ministry on Thursday raised a planned 300 million lei (EUR68 million) in a reopening of a seven-year bond due April 2020, while the average yield rose slightly to 2.58% a year. more

19 mar 2015

Corporate tax cuts will stimulate investments in the United Kingdom, while Russia and Ukraine adjusted their respective monetary policies amid deep economic contraction, Euler Hermes noted in this more

18 mar 2015

Romania’s government increased the cap of foreign bond issuance from 15 billion euros to EUR18 billion to cover its gross financing needs for 2015 and 2016. more

17 mar 2015

Romania’s leu opened slightly lower versus the euro in early session Tuesday, amid low volumes, after U.S. economic data below analysts’ expectations led to the rise of euro versus the dollar. more

17 mar 2015

Foreign tourists spent 5.09 billion lei (EUR1.15 billion) in Romania last year, up 6.2% from RON4.79 billion in 2013, according to data released by the country’s statistics institute Tuesday. more

16 mar 2015

Romania’s Finance Ministry on Monday raised a planned 300 million lei (EUR67.6 million) in the reopening of a three-year bond auction, on slightly higher yields. more

16 mar 2015

Romanian foreign direct investment, or FDI, rose to 299 million euros in January, from EUR244 million in the same month of 2014, data from the central bank showed Monday. more

16 mar 2015

Romania's current account balance posted a surplus of 554 million euros in January, more than double compared with EUR252 million in the same month a year ago, central bank data showed Monday. more

12 mar 2015

Romania’s Finance Ministry on Thursday raised a planned 200 million lei (EUR45 million) in a reopening of a ten-year bond due February 2025, with the average yield rising to 3.09% a year. more

12 mar 2015

The Romanian leu gained ground versus the euro by midday Thursday and the Romanian central bank set the leu’s reference rate versus the euro at 4.436 units, up 0.19% from 4.4444 the previous day. more

12 mar 2015

The Bucharest stock market was up 0.2% after the first hour of trading Thursday, but the traded values were reduced, barely above one million lei (EUR0.22 million). more

12 mar 2015

Romania’s leu gained ground against the euro Thursday morning, following the appreciation trend of the other currencies in the region more