14 nov 2014

The Romanian economy grew at the fastest pace in the European Union in the third quarter, with 1.9%, compared to the second quarter, and at the second-fastest pace compared to the third quarter of more

14 nov 2014

Romanian oil company Rompetrol Rafinare (RRC.RO) turned to profit in the third quarter, despite lower oil prices, on rising volume of products sold. more

14 nov 2014

Romania’s economy performed better than expected in the third quarter, according to official data released Friday, after a poor outing earlier in the year. more

13 nov 2014

The door for more monetary measures is open in the euro-zone after the latest meeting of the European Central Bank, Euler Hermes analysts said in the latest Weekly Export Risk Outlook report. more

13 nov 2014

U.S. giant Procter&Gamble has sold its detergent factory in Timisoara, western Romania, to German group Dalli, which makes private label products, P&G officials told MEDIAFAX Thursday. more

13 nov 2014

Romanian foreign direct investment, or FDI, rose 1.4% on the year to EUR1.51 billion in January to September, the central bank said Thursday. more

13 nov 2014

Romania's current account balance posted a deficit of EUR558 million in the first nine months of 2014, wider than in the same period a year ago, mainly due to a wider income deficit, central bank data more

12 nov 2014

Romanian state-owned natural gas transport company Transgaz (SNG.RO) Wednesday said its net profit more than doubled in the first nine months, compared with the earlier period when the company booked more

12 nov 2014

The city of Bucharest plans to issue leu-denominated bonds to fund the repayment of its EUR500 million Eurobond that falls due in 2015, according to an auction announcement. more

12 nov 2014

Romanian state-run natural gas producer Romgaz (SNG.RO) Wednesday reported a net profit of 1.11 billion lei (EUR250 million) for the nine months ended September 30, up 39.8% on the year. more

12 nov 2014

The Romanian leu continued to depreciate against the euro in late session Wednesday, trading above the 4.43 unit- mark. more

12 nov 2014

The number of companies that went insolvent in Romania in January-October this year was 23.5% lower than in the same period of 2013, the Trade Registry office said Wednesday. more

12 nov 2014

Romanian online retailer eMAG.ro expects sales of RON150 million at this year’s Black Friday sales campaign to take place between November 21 and 23, Iulian Stanciu, general manager of Dante more

12 nov 2014

Romanian state-owned hydropower producer Hidroelectrica estimates a record high profit for 2014, at around 1.1 billion lei (almost EUR250 million), the company said in a statement Wednesday. more

12 nov 2014

Romania’s leu edged slightly down versus the euro in early session Wednesday, amid low traded volumes. more

11 nov 2014

Romania’s construction output rose in September compared with the previous month, but it still is lower than last year, official data showed Tuesday. more

11 nov 2014

Romanian consumer prices inched up 0.2% in October from a month earlier, on higher food prices, but the annual inflation slid to 1.44%, the country’s statistics institute INS said Tuesday. more

10 nov 2014

Romania’s Finance Ministry sold a planned 1 billion lei (EUR226 million) in 12-month treasury bills Monday, with the yield falling to 1.63%, a record low for this maturity. more

10 nov 2014

River Plaza shopping mall in Ramnicu-Valcea, owned by Portuguese mall developer Sonae Sierra, has eight new tenants, including Adidas, Intersport and CCC, and expects better results, as sales already more

10 nov 2014

Romanian energy output rose 0.6% on the year to 16.3 million tons of oil equivalent in the first nine months of 2014, fueled by higher production in most sectors, official data showed Monday. more

10 nov 2014

Romanian adjusted industrial production rose 2.4% in September compared with a month earlier, on higher output in the manufacturing sector, the country’s statistics institute INS said Monday. more

10 nov 2014

Romania’s exports rose more rapidly than imports in the first nine months compared with the year-earlier period, but the trade deficit still widened, the country’s statistics institute INS said more

7 nov 2014

Pharmaceutical companies will pay a differentiated clawback tax, set up based on contracts cost/volume/results, for the new medical drugs to be introduced on the reimbursed drugs list, according to an more

7 nov 2014

Romanian industrial sales rose 18.3% in September, after a 12.3% decline in the previous month, according to data released by the statistics institute INS Friday. more

7 nov 2014

Romanian industrial new orders recouped in September after a 13.1% decrease in the previous month, data from the country’s statistics institute INS showed Friday. more