2 iul 2014

The Romanian economy expanded at a slightly faster pace than previously estimated in the first quarter, largely driven by higher exports and improved contribution from value added tax collection, more

2 iul 2014

Romanian adjusted retail sales rose 1.9% in May from the earlier month, on higher sales in most sectors, the statistics institute INS said Wednesday. more

2 iul 2014

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

1 iul 2014

Romanian central bank’s governor Mugur Isarescu said Tuesday that the authorities should consider additional measures besides the recent cut in the social security tax rate to help create more jobs more

1 iul 2014

The Romanian central bank sees no threat of deflation because the average annual inflation remains at comfortable levels and the recent decline in the annual rate could be reversed on the medium term, more

1 iul 2014

Romanian central bank’s governor Mugur Isarescu said Tuesday that the bank’s decision to cut its minimum reserve requirements on foreign currency deposits will free around EUR500 million in more

1 iul 2014

Romania’s leu moved in a narrow band against the euro in a quiet market Tuesday to finish the session flat at 4.386/4.387 units, amid low volumes. more

1 iul 2014

Net foreign capital inflows to the Romanian capital market almost doubled to 814.2 million lei (EUR185.7 million) last year, from RON447.5 million in 2012, the country’s financial supervisory more

1 iul 2014

Romania’s natural gas pipeline linking the local city of Iasi to Ungheni city in the neighboring Republic of Moldova is expected to be operational in the second half of August, Energy Minister more

1 iul 2014

The Romanian leu was stable against the euro by midday Tuesday, while the central bank’s reference appreciated to 4.3845 units, a fresh record high in the past 13 months. more

1 iul 2014

Romanian foreign exchange reserves rose to EUR31.24 billion in June, from EUR30.68 billion a month earlier, central bank data showed Tuesday. more

1 iul 2014

Romania’s central bank on Tuesday held its key lending rate unchanged at 3.5% for the third consecutive meeting, in line with market expectations, but lowered the reserve requirements for foreign more

30 iun 2014

Romania’s leu strengthened against the euro Monday to close the session at 4.382/4.384 per euro, in a quiet market with average trading volumes. more

30 iun 2014

The Romanian leu gained slightly against the euro by midday Monday and the central bank’s reference strengthened to 4.387 units, from 4.3888 units in the previous session. more

30 iun 2014

Romanian energy company Electrica SA sold global depositary receipts (GDRs) equal to around one fifth of the total stock offered at its initial public offering ended June 25, one of the bookrunners on more

30 iun 2014

Romania’s Finance Ministry plans to sell state treasuries worth 4.1 billion lei (EUR934 million) in July, up from RON3.95 billion raised a month earlier, ministry data showed Monday. more

27 iun 2014

Bucharest stocks closed slightly higher in thin volumes Friday, with financial companies scoring small gains in an otherwise dull session. more

27 iun 2014

The European Bank for Reconstruction and Development has become the second-largest shareholder in Romanian state-run energy company Electrica SA after it purchased EUR75 million worth of shares at the more

27 iun 2014

The Romanian leu closed at 4.388/4.391 per euro after moving in a narrow band during the trading session Friday, amid modest volumes. more

27 iun 2014

The Romanian central bank reported a net loss of 1.25 billion lei (some EUR285 million) in 2013, versus profit a year earlier, hurt by losses from monetary policy operations and higher costs with the more

27 iun 2014

Electricity prices for Romanian households are expected to fall by 2.6% on average as of July 1, mainly following a 46% reduction of the cogeneration tax, the country’s energy watchdog ANRE said more

27 iun 2014

Raiffeisen Investment Romania, a unit of Austria’s Raiffeisen Bank International AG, will close down as of July 1 under a reorganization strategy implemented at group level, Managing Director Ioana more

27 iun 2014

Romanian state-run electricity distributor and supplier Electrica SA has raised 1.95 billion lei (EUR444.3 million) in an initial public offering of 51% of its shares ended June 25, the brokers more

27 iun 2014

The Romanian leu was stable against the euro during the first half of the trading session Friday and the central bank set a reference rate for the local currency of 4.3888 units, slightly weaker from more

27 iun 2014

Romania’s energy company Electrica SA has reallocated around 6% of the total shares offered under its initial public offering to the retail tranche from the corporate tranche, following the high more