3 nov 2011

Romanian leading bank Banca Comerciala Romana (BCR) estimates loan provisioning will remain unchanged in the fourth quarter from the three months ended September 30, chief executive Dominic Bruynseels more

3 nov 2011

Romania’s largest bank Banca Comerciala Romana (BCR), a unit of Austrian Erste Group Bank AG, doesn’t plan to lower its interest rates on loans following the central bank’s decision to cut the more

3 nov 2011

Romania’s leu recouped part of its early losses against the euro by midday Thursday, but the central bank’s reference weakened 0.3% on the day to 4.3585 units, near the all-time low of 4.3688 more

3 nov 2011

Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, Thursday reported a loss of EUR13.5 million in the first nine months, 25.8% narrower from EUR18.2 million in the more

2 nov 2011

Romanian leu lost its early advance against the euro by midday Wednesday and the central bank’s reference weakened slightly to 4.346 units, from 4.3435 units a day earlier. more

2 nov 2011

Romania’s central bank Wednesday lowered its main interest rate by a quarter of a point to 6% a year, the first cut in the last year and a half, in a move to boost bank lending and energize economic more

2 nov 2011

Rominserv Valves Iaifo Zalau, a unit of the Romania’s second-largest oil group Rompetrol, reported sales of over $6 million in the first eight months, up 20% on the year. more

2 nov 2011

Bucharest shares were mostly lower Wednesday morning, following a 2.3% decline a day earlier as Greece’s call to a referendum on the European rescue package surprised investors and officials alike, more

2 nov 2011

Romania’s leu edged higher against the euro Wednesday morning, mirroring neighboring markets as investors wait for the conclusion of a two-day monetary policy meeting in the US that could offer more

2 nov 2011

Romanian dominant oil company OMV Petrom (SNP.RO) Wednesday said it started test exploitation of its Totea well in the southwestern region of Oltenia, which could prove to be the country’s most more

2 nov 2011

Romania’s industrial producer price index inched up 0.9% in September from a month earlier, backed by increases in most sectors, the country’s statistics institute INS said Wednesday. more

1 nov 2011

Romanian leu weakened against the euro Tuesday and closed 0.36% lower on the day, amid a negative sentiment in the region following Greece’s surprising call to a referendum on Europe’s latest more

1 nov 2011

The higher capital outflows on the backdrop of the international financial turmoil are primarily responsible for Romania’s declining foreign currency reserves in October, a central bank official more

1 nov 2011

Romanian foreign exchange reserves fell to EUR32.19 billion in October from EUR33.62 billion a month earlier, central bank data showed Tuesday. more

1 nov 2011

Romanian leu extended early losses versus the euro, tracking the currencies in the region, while the central bank’s reference weakened 0.4% on the day to 4.3435 units, the lowest rate in two weeks. more

31 oct 2011

Romanian generic drugs wholesaler Ropharma Braşov (RPH.RO) Monday said its net profit dropped 29% on the year to 8.6 million lei (EUR2 million) in the first nine months, on higher operating costs. more

31 oct 2011

Romanian construction materials maker Prefab (PREH.RO) Monday said its sales fell 8% on the year to 53.1 million lei (EUR12.6 million) in the first nine months, due to lower retail prices. more

31 oct 2011

Romanian brewer Bermas Suceava (BRM.RO) Monday said total sales dropped 9.7% on the year to 20.7 million lei (EUR4.78 million) in the first nine months, on falling demand. more

31 oct 2011

Swiss Capital, former KBC Securities Romania, continued to dominate the Bucharest bourse’s brokers chart in October, with total deals worth 206.7 million lei (EUR47.8 million), stock exchange data more

31 oct 2011

ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, Monday said it has resumed operations at its fifth blast furnace, which was shut down for relining and modernization more

31 oct 2011

Romania’s leu weakened against the euro Monday and closed almost 0.4% lower on the day, amid thin trading. more

31 oct 2011

Romania’s Finance Ministry plans to sell state paper worth 4.5 billion lei (EUR1.04 billion) in November, more than double from RON2.13 billion sold a month earlier, ministry data showed Monday. more

31 oct 2011

Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday reported total revenue of 190.8 million lei (EUR45.3 million) in the first nine months, threefold higher on the year. more

31 oct 2011

Romanian state-run power grid operator Transelectrica (TEL.RO) Monday said it has signed an interconnection agreement with Serbian EMS-JP Elektromreza for the Resita-Pancevo project. more

28 oct 2011

Romania’s leu strengthened against the euro Friday and closed almost 0.3% higher at 4.3155/4.318 units, from 4.328/4.3295 units a day earlier. more