7 aug 2014

Romania’s energy regulator ANRE on Thursday said companies could start exporting natural gas to neighbouring Moldova through the Iasi-Ungheni pipeline in the second half of August. more

7 aug 2014

Revenues of mobile operator Cosmote Romania inched up 0.1% in the first half of 2014, to EUR219.8 million, but saw an 8.8% decline to EUR101.6 million in the second quarter, Greek group OTE, owner of more

7 aug 2014

Romanian industrial sales rose 10.8% in the first six months compared with the same period of 2013, boosted by higher demand in all sectors, the country’s statistics institute INS said Thursday. more

7 aug 2014

Romanian industrial new orders rose 6.6% on the year in the first six months, supported by growth in all sectors, data from the country’s statistics institute INS said Thursday. more

6 aug 2014

The Romanian central bank is ready to further narrow the gap between interbank rates and the monetary policy rate so that banks feel comfortable enough to resume lending, even if the move might more

6 aug 2014

Romania’s UniCredit Tiriac Bank on Wednesday said its net profit fell 42% to 121.33 million lei (EUR27.4 million) in the first half, from roughly RON209.6 million a year earlier. more

6 aug 2014

Romanian lender Libra Internet Bank Wednesday said its net profit rose fivefold on the year to 8.5 million lei (EUR1.92 million) in the first half of 2014, helped by lower costs. more

6 aug 2014

Romanian average net salary inched up 0.3% to 1,687 lei (EUR380) in June, from RON1,682 a month earlier, the statistics institute INS said Wednesday. more

5 aug 2014

Romanian businessman Ovidiu Tender announced Tuesday his airline Ten Airways has ceased its collaboration with airline Fly Romania over unpaid debts amounting to EUR400,000. more

5 aug 2014

Romanian drilling company Dafora Medias (DAFR.RO) Tuesday said it plans to sell assets worth 29.8 million lei (EUR6.7 million) that are not related to its core business. more

5 aug 2014

Belgian group Mega Image has reached an agreement for the acquisition of 20 out of 22 stores operated by Romanian meat products retailer Angst. more

4 aug 2014

The Bucharest stock exchange closed slightly up Monday, fueled by evolutions of Romgaz (SNG.RO) and Banca Transilvania (TLV.RO), but the traded values were reduced. more

4 aug 2014

Romania central bank still has room for further interest rate cuts as the inflation continues to decelerate, but a decision in that direction depends mostly on external evolutions, particularly on more

4 aug 2014

Romania’s central bank Monday revised sharply down its inflation forecast to 2.2% this year from 3.3% previously, saying the inflation rate is expected to decelerate at a faster pace than initially more

4 aug 2014

South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise about 1.14 billion South African rand (some EUR80 million) through the issue of new shares. more

4 aug 2014

Romania’s central bank Monday lowered its main monetary policy rate by 25 basis points to an all-time low of 3.25% a year, but kept the minimum reserve requirements unchanged for both leu and more

4 aug 2014

Romanian adjusted retail sales rose 8.2% in the first six months compared with the same period of 2013, on higher sales in all sectors, the statistics institute INS said Monday. more

4 aug 2014

Romania’s industrial producer price index inched down 0.3% on average in June compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said Monday. more

4 aug 2014

Romanian lender Banca Transilvania (TLV.RO) Monday reported a first-half net profit of 212 million lei (EUR48 million), up 17.7% on the year, fueled by a rise of the net interest margin. more

31 iul 2014

Hungarian pharmaceutical company Gedeon Richter registered sales of EUR74.9 million in Romania in the first half of 2014, up 5.2% from EUR71.2 million in the year-earlier period, the group said in a more

31 iul 2014

Austria’s Erste Group Bank (EBS.RO) Thursday reported a record loss for the first year-half, mainly due to higher provisions in Hungary and Romania and a low-interest environment in the markets more

31 iul 2014

Romania's unemployment rate went down to 7.1% in June, from 7.3% in the previous month, seasonally adjusted data from the statistics institute INS showed Thursday. more

31 iul 2014

Romania’s largest lender Banca Comerciala Romana, or BCR, sold non-performing loans of 1 billion lei (EUR225 million) in July to a consortium of foreign investors and available funding lines, the more

31 iul 2014

Romania’s largest lender Banca Comerciala Romana, or BCR, turned to losses in the first year-half due to “sustained provisioning associated to balance sheet clean-up.” more

30 iul 2014

OTP Bank Romania on Wednesday signed an agreement with Portugal’s Millennium bcp to purchase the latter’s local subsidiary for a total sum of EUR39 million. more