13 aug 2014

Rompetrol Well Services (PTR.RO), the Romanian services division of oil group KMG International, Wednesday reported a net profit of 7.17 milion lei (EUR1.6 million) for the first six months, more than more

12 aug 2014

Czech energy group CEZ Tuesday reported lower earnings before interest, tax, depreciation and amortization (EBITDA) in Romania for the first half, due to the authorities’ decision to postpone more

12 aug 2014

Romanian pharmaceutical wholesaler ADM Farm appointed Adrian Samson as general manager starting August, the company said in a news release Tuesday. more

12 aug 2014

The Romanian leu closed stronger versus the euro Tuesday, ignoring the negative trend of the other currencies in the region in the second half of today's session. more

12 aug 2014

Fitch Ratings has revised to negative from stable its outlook on Romanian bank Banca Comerciala Romana’s (BCR) ratings, following the downgrade of the parent bank’s viability rating to 'bbb+' from more

12 aug 2014

The Romanian leu lost its earlier advance against the euro by midday Tuesday, tracking the currencies in the region, and the central bank’s reference weakened to 4.4425 units, from 4.4415 units in more

12 aug 2014

Pharmaceutical company Zentiva Romania (SCD.RO) posted a 24.4% growth in turnover in the first half of the year, to RON200.1 million (EUR44.8 million), and a 4% drop in net profit, to RON27.2 million more

11 aug 2014

Romanian state-run natural gas producer Romgaz (SNG.RO) Monday reported a 40% higher net profit for the first six months, mainly due to rising revenue from sale of gas from domestic production, more

11 aug 2014

Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) posted a half-year turnover of EUR228.34 million, up 11.6% on the year, and its net profit tripled to RON13.38 million. more

11 aug 2014

The Bucharest stock exchange closed mildly higher Monday, but the traded values were low. more

11 aug 2014

KMG International, through Rompetrol SA, has completed the process of evacuation and repatriation of 56 of its employees from Libya, amid intensified military conflict in the region. more

11 aug 2014

Software services and solutions provider EBS Romania posted a turnover of EUR15.7 million in January-July, up 60% on the year, by extending its client portfolio, the company said Monday. more

11 aug 2014

Revenues of Romanian car parts manufacturer Compa Sibiu (CMP.RO) dropped 5% in the first half of the year, from RON244.1 million to RON231.8 million, and its net profit increased 15%, to RON14.2 more

11 aug 2014

Romania’s trade deficit widened to EUR2.83 billion in the first six months of 2014, from EUR2.53 billion a year earlier, the country’s statistics institute INS said Monday. more

11 aug 2014

Romanian energy output edged up 0.3% on the year to 10.82 million tons of oil equivalent in the first half of 2014, fueled by higher production in most sectors, official data showed Monday. more

11 aug 2014

Romanian adjusted industrial production rose 10.4% in the first half from the year-ago period, fueled by higher output in the manufacturing sector, the country’s statistics institute INS said more

11 aug 2014

Romanian consumer prices inched down 0.1% in July from a month earlier, reflecting lower food prices, but the annual inflation accelerated to 0.95%, ending a two-month period of decline, official data more

8 aug 2014

Romania's roads authority CNADNR has awarded a RON51.6 million (EUR11.6 million) contract for the construction of the Caracal beltway to Italy's S.E.CO.L.- Societa Edile Costruzioni e Lavori. more

8 aug 2014

Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday said it switched to a loss in the first year-half, mainly due to one-off items, while the operational performance was roughly unchanged. more

8 aug 2014

Romanian construction output declined in the first half as the sector is still unable to exit recession, due to lack of financing and investors’ reluctance to start new projects. more

7 aug 2014

Vehicle sales account for one third of Romania’s exports to Russia, which rose by $500 million last year, to $1.84 billion, and cars, machinery and electrical equipment make up a quarter of exports, more

7 aug 2014

Romania’s leu inched higher against the euro in late trade Thursday to finish the session slightly below 4.44 to the euro, in a quiet market and amid average volumes. more

7 aug 2014

The Bucharest Stock Exchange (BVB.RO) Thursday said its first-half net profit rose 33% on the year to 5.64 million lei (EUR1.27 million), fuelled by higher revenues, including from initial public more

7 aug 2014

Romania’s Finance Ministry on Thursday sold a planned 600 million lei (EUR135.1 million) in one-year treasury bills, at an average yield of 2.09% a year, slightly higher than at the previous more

7 aug 2014

Romanian state-run hydropower producer Hidroelectrica plans to open two offices abroad, in Hungary and Yugoslavia, the company’s legal administrator Euro Insol said Thursday. more