3 nov 2014

Romania’s retail sales inched higher in September, after a 0.6% decline in the previous month, official data showed Monday. more

31 oct 2014

South-African investment fund New Europe Property Investment (NEPI) paid EUR148 million for the Promenada Mall in Bucharest to Raiffeisen evolution, which invested EUR130 million in the project. more

31 oct 2014

Romania’s Finance Ministry plans to sell state treasuries worth 3.65 billion lei (EUR824.6 million) in November, down from RON4.1 billion raised a month earlier, the ministry said Friday. more

31 oct 2014

Romania's unemployment rate was down to 6.9% in September, from 7.1% in the previous month, seasonally adjusted data from the statistics institute INS showed Friday. more

30 oct 2014

The latest edition of the Weekly Export Risk Outlook report.analyzes the outcome of elections in Ukraine and mixed news from the US and German economies. more

30 oct 2014

Around 40% of Romanian consumers estimate an increase in online spending, where the average shopping value is at RON470, and electronics will continue to dominate sales, while clothing, computers, more

30 oct 2014

Romanian state-run company Hidro Tarnita extended Thursday by nearly 30 days, until November 27, the deadline by which interested investors may submit pre-qualification bids for the construction of a more

30 oct 2014

Austria’s Erste Group Bank (EBS.RO) Thursday reported a net loss of almost 1.5 billion euros for the first nine months of the year, mainly due to write-downs at its Romanian and Hungarian units. more

30 oct 2014

Romania’s largest bank BCR Thursday reported a massive net loss for the first nine months due to a significant rise in provisioning costs on the back of an accelerated balance sheet clean-up more

30 oct 2014

Romanian lender Banca Transilvania (TLV.RO) Thursday reported a significant rise in net profit for the first nine months of the year, supported by higher operational revenue and cost control more

29 oct 2014

Hypermarkets register the highest sales per square meter in dominant shopping malls across Romania and in capital city Bucharest, with EUR4,500 and EUR6,500 on average, respectively. more

29 oct 2014

Romanian Prime Minister Victor Ponta asked the ministers to spend the funds available for public investments by the end of the year, adding that the development requires money spent, not budget more

29 oct 2014

Romania climbed two spots and ranks 48th in World Bank’s Doing Business 2015 report, which analyzes the ease of running a business in 189 countries, and is outranked by Rwanda, Bulgaria, and more

29 oct 2014

Giovanni Luca Soma, European director of International Retail Banking at Societe Generale Group, took over the position of member in the Executive Board of Romanian lender BRD-Groupe Societe Generale more

28 oct 2014

Romania’s Finance Ministry on Tuesday raised a planned 500 million lei (EUR113 million) at a three-year bond auction, at similar yields compared with another sale earlier this month. more

28 oct 2014

Romanian housing permits went up 6.6% to 3,858 units in September, from 3,618 units a month earlier, the country’s statistics institute INS said Tuesday. more

28 oct 2014

Romanian managers estimate moderate growth in the manufacturing industry, but a decline in activity in the constructions sector in the fourth quarter, the statistics institute INS said in a survey more

27 oct 2014

Romania’s government budget turned to surplus at the end of September, as spending took a dive in the first nine months, mainly due to lower allocations for public investments. more

27 oct 2014

Romania’s Finance Ministry sold debt worth a planned 1.3 billion lei (EUR294 million) in short-term notes at two auctions Monday, with the yields falling to record lows amid high demand. more

27 oct 2014

Romanian pharmaceutical wholesaler ADM Farm asked the court for a procedure of arrangement with creditors, in order to optimize cash flow management and manage liquidity risks, the company said. more

27 oct 2014

ExxonMobil and OMV Petrom (SNP.RO) Monday said they are drilling an exploration well on a new prospect about 155 kilometers offshore in the Romanian sector of the Black Sea. more

24 oct 2014

At the start of the last quarter of 2014, economic prospects in the euro-zone remain weak and suggest sluggish GDP growth, Euler Hermes analysts said in the latest Weekly Export Risk Outlook report. more

24 oct 2014

Romanian cable maker Romcab Targu-Mures (MCAB.RO) wants to contract loans of EUR17.4 million and to extend existing credit lines of EUR10.9 million. more

24 oct 2014

Romania's wine production declined 20% this year, to 4.1 million hectoliters, due to unfavorable weather, and ranks 12th among world wine producers, according to the International Organization of Vine more

23 oct 2014

The Bucharest stock market closed higher Thursday, lifted as in the previous session by energy stocks, with Transgaz (TGN.RO) and Romgaz (SNG.RO) both gaining 3%. more