22 mai 2014

Romania’s leu closed up at 4.405/4.4083 to the euro Thursday after it hit an intraday high of 4.4 per euro in late trade, its strongest level since July last year. more

22 mai 2014

Romania’s Finance Ministry Thursday raised a planned 500 million lei (EUR113.2 million) in a reopening of its seven-year bond due April 2020, at an average annual yield of 4.29%, lower than at the more

22 mai 2014

The Romanian leu extended its earlier gains versus the euro by midday Thursday, amid a positive sentiment in the region, and the central bank’s reference strengthened roughly 0.5% to 4.417 units, more

22 mai 2014

Romania’s plan to guarantee a minimum number of shares for small retail investors at the upcoming offering of 51% in state-run electricity distributor Electrica SA is bound to increase the more

21 mai 2014

The European Bank for Reconstruction and Development has subscribed bonds worth 112.5 million lei (EUR25.3 million) in a senior unsecured bond issue of Raiffeisen Bank Romania ended May 7, the more

21 mai 2014

Romania’s leading oil company OMV Petrom (SNP.RO) plans to award drilling contracts worth between EUR13 million and EUR205.5 million at an auction scheduled for July 15. more

21 mai 2014

Romania’s leu advanced against the euro in late trade Wednesday, tracking the currencies in the region, and finished the session at 4.428/4.4295 units, 0.1% stronger on the day. more

21 mai 2014

Romanian chemical fertilizer maker Azomures has borrowed EUR66 million from Czech banks Ceska Sporitelna and Ceskoslovenska obchodni banka to upgrade its urea melt plant, the company said in a more

21 mai 2014

The Romanian leu stayed mostly below 4.44 to the euro during the first half of the session Wednesday, while the central bank’s reference weakened for the third consecutive day to 4.4378 units, from more

20 mai 2014

Romania’s leu held steady against the euro Tuesday to finish the session flat at 4.43 for the second consecutive day, as trading volumes remained subdued. more

20 mai 2014

The Romanian leu traded in a narrow range against the euro by midday Tuesday and the central bank’s reference retreated slightly to 4.4343 units, from 4.4304 units a day earlier. more

20 mai 2014

Romania’s Finance Ministry on Tuesday raised a planned 60 million lei (EUR13.5 million) at a supplementary non-competitive tender for its April 2023-dated bond reopened yesterday. more

20 mai 2014

Romania’s leu showed little movement against the euro in thin volumes Tuesday morning, amid a quiet market. more

19 mai 2014

Romania’s leu was stable against the euro Monday and finished the session at 4.4325/4.435 units, barely changed on the day. more

19 mai 2014

Romanian new passenger car sales rose 21.7% to 22,088 units in the first four months of 2014, from 18,155 units in the year-earlier period, the Automotive Manufacturers and Importers Association, or more

19 mai 2014

Romania’s Finance Ministry on Monday raised a planned 400 million lei (EUR90.28 million) in a reopening of its 10-year bond due April 2023, at an average yield of 4.78% a year, lower than at the more

19 mai 2014

The Romanian leu moved in a tight range against the euro amid thin volumes by midday Monday and the central bank’s reference retreated a modest 0.07% on the day to 4.4304 units, from 4.4275 units in more

19 mai 2014

Romanian adjusted construction output rose 10.3% on the month in March, the largest increase in the European Union, official data showed Monday. more

19 mai 2014

Romania’s target date to join the euro area in 2019 seems rather ambitious considering that the country is still far from meeting the real convergence criteria and, Austrian bank Erste said in a more

16 mai 2014

Romanian investment fund SIF Oltenia (SIF5.RO) on Friday purchased 14.04% in edible oil producer Argus Constanta (UARG.RO) for 15.07 million lei (EUR3.4 million). more

16 mai 2014

The Bucharest stock market closed slightly higher amid average volumes Friday, with financial and energy companies fueling most of the day’s liquidity. more

16 mai 2014

Romanian nuclear power producer Nuclearelectrica (SNN.RO) last week raised 135.1 million lei (EUR30.5 million) at 16 electricity auctions on the local energy exchange OPCOM, the company said in a more

16 mai 2014

Fitch Ratings on Friday affirmed at ‘B+’ its long-term ratings on Romanian oil group KMG International NV (formerly The Rompetrol Group NV), with stable outlook, the rating agency said in a more

16 mai 2014

ExxonMobil Exploration and Production Romania will pay $2.14 million to Canadian CHC Global Operations International for helicopter transportation services to and from its offshore platforms in the more

16 mai 2014

The Romanian leu advanced against the euro by midday Friday and the central bank’s reference gained 0.17% on the day to 4.4275 units, its strongest rate in eight and a half months. more