16 feb 2015

Romanian aluminum smelter Alro Slatina (ALR.RO) posted a net loss of 92.6 million lei (EUR20.8 million) in 2014, mainly due to higher financial costs, according to the company’s preliminary report more

13 feb 2015

Romanian drugmaker Zentiva Bucharest (SCD.RO) posted a preliminary net profit of 61.5 million lei (EUR13.8 million) for 2014, up 65.3% compared with the previous year, following a significant increase more

13 feb 2015

Romanian state-run power distributor Electrica (EL.RO) wants to buy the minority stakes held by investment fund Fondul Proprietatea (FP.RO) in its subsidiaries, the energy company said in a statement more

13 feb 2015

Romanian foreign direct investment, or FDI, stood at EUR2.43 billion in 2014, down from EUR2.7 billion in the previous year, data from the central bank showed Friday. more

13 feb 2015

Romania's current account balance posted a deficit of 696 million euros in 2014, compared with EUR1.17 billion a year earlier, mainly due to a wider services surplus and a narrower primary income more

13 feb 2015

Romanian lender Banca Transilvania (TLV.RO) Friday reported a 19.5% rise in its net profit for 2014, as increased lending activity led to a higher operating income. more

13 feb 2015

Romanian state-owned natural gas transport company Transgaz (SNG.RO) Friday said its net profit rose 51.7%, to 507.4 million lei (EUR114.3 million) in 2014, from RON334.4 million a year earlier. more

13 feb 2015

Last year was another forgettable year for Romania’s construction industry, which cannot yet overcome the crisis. more

13 feb 2015

Romania’s gross domestic product grew by 2.9% in real terms last year compared with 2013, a flash estimate from the statistics institute INS showed Friday. more

13 feb 2015

Romanian consumer prices rose 0.4% in January from a month earlier, mainly due to higher food and service prices, but the annual inflation fell to 0.4%, the country’s statistics institute INS said more

12 feb 2015

Russia's economy grew modestly in 2014 but a recession is inevitable this year, Euler Hermes said in the latest edition of its Export Risk Outlook report. more

12 feb 2015

Romania’s Finance Ministry Thursday sold a planned 800 million lei (EUR180 million) in 12-month treasury bills, with the average yield down to 1.46%. more

12 feb 2015

Romanian industrial output rose 6.1% in 2014 compared with the previous year, mainly due to increased manufacturing production, data from the statistics institute INS showed Thursday. more

12 feb 2015

BRD-Groupe Societe Generale (BRD.RO), the second largest bank in Romania, returned to profit in 2014, after a record loss in the previous year, mainly due to a significant drop in risk costs, more

11 feb 2015

Pharmaceutical wholesaler Farmaceutica Remedia Deva (RMAH.RO) had net sales of RON244.68 million (EUR55 million) in 2014, up 4.3% on the year, and its net profit rose 3.6%, to RON3.12 million more

11 feb 2015

Romanian energy output rose 0.7% to 21.92 million tons of oil equivalent in 2014, fueling a rise in exports as local consumption went down, official data showed Wednesday. more

10 feb 2015

Generics producer Labormed, part of Alvogen, is reassessing its medicines portfolio until March to remove products cheaper than RON10 from the reimbursed medicines list, as its sales rose 2% in value more

9 feb 2015

Romania will not tap international financing markets in the first half of the year, as previously announced, Finance Minister Darius Valcov told reporters Monday, adding the country might reduce its more

9 feb 2015

Romania’s government failed to agree with the International Monetary Fund and the European Commission on several energy issues, Prime Minister Victor Ponta said Monday after talks with international more

9 feb 2015

Romanian spent 1.1-1.2 billion euros shopping online in 2014, doubled compared to 2013, when online shopping stood at around EUR600 million. more

9 feb 2015

Romania’s Finance Ministry on Monday raised a planned 600 million lei (EUR135.5 million) in a reopening of a ten-year bond due February 2025, with the average yield falling to 2.81% a year. more

9 feb 2015

Sales of Hungarian pharmaceutical group Gedeon Richter in Romania fell 3.3% on the year in 2014, to EUR144 million, the group said in a report Monday. more

9 feb 2015

Romania’s exports reached a record high 52.5 billion euros in 2014, supported by deliveries to European Union member states, and the country’s trade deficit widened slightly as a rebound in more

6 feb 2015

Romanian industry sector registered another good performance in 2014, and sales of industrial companies rose 7.8% compared with the previous year, despite declines in the last months, data released by more

6 feb 2015

The average salary in Romania rose by 6% over the course of 2014, a 5.1% growth in real terms, data from the statistics bureau showed Friday. more