1 oct 2014

Romanian foreign exchange reserves stood at EUR31.06 billion at the end of September, a tad higher than EUR30.87 billion in the previous month, central bank data showed Wednesday. more

1 oct 2014

Romania energy minister Razvan Nicolescu said, after talks with the Russian ambassador to Romania, Oleg Malginov, on the gas imports cut in September, that there is no guarantee that the situation more

1 oct 2014

Arrivals at Romanian tourism accommodation establishments rose 8.2% in August from the year-earlier month, while overnight staying increased 5.5% on the year, data from the statistics institute INS more

30 sep 2014

The Bucharest stock market rose 0.8% Tuesday, in a session marked by a significant interest for Fondul Proprietatea (FP.RO), whose shares gained 1.4% to 0.949 lei, after reaching an all-time high at more

30 sep 2014

Romania’s central bank will thoroughly analyze any further rate cut, as the evolution of inflation over a medium term is still uncertain, but the reduction of minimum requirements will continue, more

30 sep 2014

Romania’s leu closed flat against the euro Tuesday, on rising volumes, but the currency's evolution was not influenced by the central bank's key rate cut, which was largely expected. more

30 sep 2014

Romania’s central bank has revised slightly downwards foreign direct investment data for 2013 to 2.712 billion euro, from EUR2.14 billion in the previous year, the bank said in a news release more

30 sep 2014

Discount retailer Profi has expanded its Romanian network to 250 stores with the opening of two supermarkets in Satu Mare, northern Romania, the retailer announced Tuesday. more

30 sep 2014

The private healthcare market will have several mergers and acquisitions in 2015 and at least one big transaction in the next two years, Sergiu Negut, consultant in the healthcare sector, told ZF more

30 sep 2014

Romania’s central bank Tuesday cut its key monetary policy rate by 25 basis points to a record low 3%, in line with the analysts’ expectations, as inflation remains low while the country’s more

30 sep 2014

Romanian housing permits went down 5% to 3,618 units in August, from 3,807 units a month earlier, the country’s statistics institute INS said Tuesday. more

30 sep 2014

Romania's unemployment rate was stable at 7.1% in August, seasonally adjusted data from the statistics institute INS showed Tuesday. more

29 sep 2014

The Romanian pharmaceutical market might fall by up to 1.5% this year, while a return to growth next year would depend on the final version of reimbursed drugs list, Petru Craciun, general manager of more

25 sep 2014

Croatian economy is mired in recession, as the second quarter market the 11th consecutive quarter of GDP contraction, Euler Hermes noted in its Weekly Export Risk Outlook report. more

25 sep 2014

Romania’s government deficit slightly rose to 0.24% of the gross domestic product after the first eight months, from 0.2% of GDP at the end of July, as budget spending continued its downward trend. more

25 sep 2014

The Romanian finance ministry Thursday sold a planned 500 million lei (EUR113.6 million) in six-month treasury bills, at an average yield of 2.55% a year, higher than at the previous auction. more

25 sep 2014

French carmaker Renault, which owns Romanian Automobile Dacia, must decide whether to cut the Logan MCV station wagon, Dokker car-derived van or Lodgy compact minivan from Dacia’s lineup, a more

25 sep 2014

Italy’s utility Enel wants to get 1.7 billion-1.8 billion euros for the three Romanian units put up for sale, compared with the state’s evaluation of maximum EUR1.3 billion, otherwise it might more

24 sep 2014

Romania’s energy assets administration company SAPE filed a suit against Italian utility Enel in the Paris Arbitration Court, demanding the Italian company pay EUR521.58 million. more

24 sep 2014

Investors are hard to convince to invest in the acquisition of companies in Central and South-Eastern Europe, including Romania, as the region is unattractive except for Poland, although there are more

23 sep 2014

Romania’s Finance Ministry on Tuesday raised a planned 30 million lei (EUR6.8 million) at a supplementary non-competitive tender for its February 2025-dated bond reopened yesterday. more

23 sep 2014

Lukoil Europe Holdings BV, the majority shareholder of Petrotel-Lukoil refinery, will increase the refinery’s share capital by 153.7 million lei (EUR35 million), to RON455.3 million. more

23 sep 2014

Romanian private lending inched up 0.2% in real terms in August, after a 0.7% fall in July, fueled by a increase in leu loans while foreign currency lending extended its decline. more

23 sep 2014

Romania's unemployment rate fell to 6.7% in the second quarter, from 7.2% in the previous quarter, the statistics institute INS said Tuesday. more

22 sep 2014

Romania’s Finance Ministry on Monday raised 241.5 million lei (EUR55 million), less that the planned amount, in a reopening of a ten-year bond due February 2025, at an average yield of 4.36% a year, more