22 sep 2014

South-African investment fund New Europe Property Investment (NEPI) is negotiating the purchase of shopping center Promenada in Bucharest, an initial investment of EUR130 million. more

22 sep 2014

Grup Feroviar Roman (GFR), owned by businessman Gruia Stoica, has won a new auction for coal transport for thermal power plants Craiova and Cernele, to the detriment of state-owned railway freight more

19 sep 2014

The economic sanctions against Russia will have a lasting impact on the country's economy and the GDP is now expected to contract by 0.6% this year, Euler Hermes noted in its Weekly Export Risk more

19 sep 2014

Romania’s Finance Ministry on Friday raised a planned 75 million lei (EUR17 million) at a supplementary non-competitive tender for its June 2019-dated bond reopened yesterday. more

19 sep 2014

Romanian state-owned energy producer Nuclearelectrica (SNN.RO) said it is analyzing the possibility to acquire some of Enel’s operations in Romania. more

18 sep 2014

Lukoil has asked the Romanian Mineral Resources Agency (ANRM) for a six-month extension, until May 2015, on the exploration of a Black Sea block, citing delays due to the late arrival of a drilling more

18 sep 2014

Romania’s Finance Ministry Thursday raised 234.8 million lei (EUR53.2 million) in a reopening of a five-year bond due June 2019, at an average yield of 3.54% a year, higher than at previous auction. more

17 sep 2014

Romanian new passenger car sales rose 29.7% on the year to 53,816 units in January-August, the Automotive Manufacturers and Importers Association, or APIA, said Wednesday. more

17 sep 2014

SOCAR Romania, part of Azeri oil group SOCAR, has opened its 30th gas station in Romania, in western county of Arad, following an investment of EUR1.4 million. more

16 sep 2014

Romania’s Finance Ministry on Tuesday raised a planned 60 million lei (EUR13.6 million) at a supplementary non-competitive tender for its June 2021-dated bond reopened yesterday. more

16 sep 2014

Romania’s energy minister Razvan Nicolescu will discuss Wednesday in Rome with the management of Enel the sale of the Italian group’s Romanian units. more

15 sep 2014

The buyback offer launched by pharmaceutical producer Biofarm (BIO.RO) on the Bucharest stock exchange was heavily oversubscribed, as the company’s main shareholders placed orders to sell their more

15 sep 2014

The shares of Fondul Proprietatea (FP.RO) rose 2.5% in an animated trading session Monday, helping the Bucharest bourse close up 0.5%. more

15 sep 2014

The Romanian leu rose against the euro in late trade Monday and neared the 4.41 level, but the transferred volumes were lower than the daily average. more

15 sep 2014

Romania’s Finance Ministry on Monday raised 244 million lei (EUR55.2 million), below the initial plan, in a reopening of its 10-year bond due June 2021, at an average of 4.26% a year, higher than at more

15 sep 2014

Austria's Raiffeisen Bank International has extended a EUR27.5 million loan to Bucharest-based solar power producer LJG Green Source Energy Gamma, owned by Austria's Core Value Investments & CO KG more

12 sep 2014

Electroputere VFU Pascani (RMAR.RO), part of Grampet group, owned by businessman Gruia Stoica, is selling 20 passenger train cars to Belgium company Daxi for EUR2 million. more

12 sep 2014

Romanian foreign direct investment, or FDI, fell 13.8% to EUR1.3 billion in the first seven months of the year, the central bank said Friday. more

12 sep 2014

Romania's current account balance posted a deficit of EUR781 million in the first seven months of 2014, versus surplus a year earlier, mainly due to a wider income deficit, central bank data showed more

12 sep 2014

Three Romanian entrepreneurs, including eMag owner Iulian Stanciu, invested around EUR3 million in Beraria H, a beer garden open Friday in the Herastrau Park in Bucharest. more

12 sep 2014

Romania’s Finance Ministry on Friday raised 22.2 million lei (EUR5 million) at a supplementary non-competitive tender for its August 2016-dated bond reopened yesterday. more

12 sep 2014

International Airport "Traian Vuia" in Timisoara reported a 39% higher traffic on the year in August, to nearly 70,000 passengers, due to vacation flights, among others, but the number of passengers more

12 sep 2014

Romtelecom and Cosmote Romania will change their names to Telekom Romania Communications and Telekom Romania Mobile Communications as of Saturday, as the telecom operator adopts Deutsche Telekom's more

12 sep 2014

The recession in Romania’s constructions sector continued in July as public investments are mostly lacking and private investments are unable to offset the deficit in mojaro infrastructure works. more

11 sep 2014

Economic sanctions imposed against Russia started to show their effects in the gross domestic product, Euler Hermes noted in its Weekly Export Risk Outlook report. more