12 iun 2014

The Romanian leu edged higher in thin volumes Thursday, after a calm session during which investors had no immediate reaction to news that the International Monetary Fund will probably delay its more

12 iun 2014

The International Monetary Fund will likely delay until the fall its report on Romania’s progress under a EUR2 billion precautionary loan deal, after the fund’s review mission and the government more

12 iun 2014

Romania’s Finance Ministry sold government bonds worth a planned 800 million lei (EUR182.2 million) at two auctions Thursday, at lower yields than at the previous tenders. more

12 iun 2014

Romania’s Finance Ministry is considering selling government securities to the population, provided it can reach a satisfactory agreement with the Bucharest Stock Exchange and the Financial more

12 iun 2014

Romania’s Finance Ministry is holding talks with three or four international banks interested in becoming primary dealers on the local government securities market, the head of the Treasury said more

12 iun 2014

The European Investment Bank will extend a EUR60 million financing line to Romania’s UniCredit Tiriac Bank, said Mihai Tanasescu, EIB Vice-President responsible for lending operations in Romania. more

12 iun 2014

The Romanian leu traded near 4.39 to the euro during the first half of the session Thursday, while the central bank’s reference strengthened slightly to 4.3912 units, from 4.396 units a day earlier. more

12 iun 2014

Romanian Electrica’s upcoming initial public offering may be a good speculative opportunity for retail investors as the minimum price of 11 lei a share is below the price projected for the next 12 more

12 iun 2014

Romania’s leu appreciated modestly against the euro during early trading hours Thursday, amid low volumes. more

12 iun 2014

Romanian state-run energy company Electrica SA’s planned initial offering of 51% of its shares will be launched on June 16 in Bucharest and London, with small retail investors being able to more

12 iun 2014

Romanian construction works slid 4.7% in April from a month earlier, on falling activity in all sectors, the statistics institute INS said Thursday. more

12 iun 2014

Romanian energy output fell 3.6% on the year to 7.17 million tons of oil equivalent in the first four months of 2014, hurt by declining production in the coal and oil sectors, official data showed more

12 iun 2014

Romanian consumer prices were roughly unchanged in May from a month earlier, but the annual inflation eased to an all-time low of 0.94%, from 1.2% a month earlier, official data showed Thursday. more

11 iun 2014

Romania’s leu retreated against the euro in a quiet market Wednesday to finish the session 0.2% weaker on the day, in line with the currencies in the region. more

11 iun 2014

Romania will lift its cogeneration tax on electricity exports as of July 1, in a bid to boost energy trading, minister delegate for Energy Razvan Nicolescu said Wednesday. more

11 iun 2014

Romanian state-run electricity distributor and supplier Electrica SA has set a price range for its planned initial public offering in Bucharest and London at 11 to 13.5 lei (EUR2.5 to EUR3.07) per more

11 iun 2014

The Romanian leu weakened against the euro in the first half of the trading session Wednesday and the central bank’s reference rate lost 0.1% on the day to 4.396 units, from a 10-month high of more

11 iun 2014

Romania’s UniCredit Tiriac Bank has sold unsecured non-performing loans worth less than EUR100 million so far, mainly in the consumer loans segment, the bank’s chief executive Rasvan Radu said more

11 iun 2014

Lending activity is slowly picking up, but demand remains weak, particularly in the heavy industry sector, said Rasvan Radu, chief executive of UniCredit Tiriac Bank. more

11 iun 2014

Romania’s leu slid against the euro during early trading hours Wednesday, amid low volumes. more

11 iun 2014

Romanian adjusted industrial production inched down 0.3% in April compared with a month earlier, but was up 5.9% from the year-ago period, the country’s statistics institute INS said Wednesday. more

11 iun 2014

The World Bank has revised upward its forecast on Romanian economic growth to 2.8% in 2014 and 3.2% in 2015, the bank said in its latest global economic prospects report. more

10 iun 2014

Romania’s leu edged higher against the euro in a quiet market Tuesday to finish the session at 4.384/4.387 to the euro, amid average volumes. more

10 iun 2014

Romanian lender Bancpost will likely continue its deleveraging process started in the previous years until the population is confident enough to start borrowing again, the bank’s chief executive more

10 iun 2014

Volksbank Romania’s non-performing loans ratio is expected to fall to around 8% of total from 22% presently after the bank completes the sale of bad loans worth EUR495 million, the bank’s chief more