14 aug 2014

Pharmaceutical company Ropharma Brasov (RPH.RO) reported operating revenues worth 204.4 million lei (EUR45.8 million) in the first six months, down 2% on the year, while its profit rose 35% to RON4.07 more

14 aug 2014

Romanian drugmaker Biofarm (BIO.RO) Thursday said its net profit rose 8.9% on the year to 14.74 million lei (EUR3.3 million) in the first half, on higher sales. more

14 aug 2014

Romanian regional investment fund SIF Transilvania (SIF3.RO) Thursday said its revenues dropped to 19.27 million lei (EUR4.3 million) in the first half, from RON215.4 million a year earlier, on more

14 aug 2014

The Romanian leu closed flat at 4.436 to the euro in a quiet market Thursday, unmoved by disappointing second-quarter economic data. more

14 aug 2014

Romanian investment fund Fondul Proprietatea Thursday said its net profit fell 4.6% to 1.015 billion lei (EUR228.7 million) at the end of July, from a record high profit of RON1.06 billion in the more

14 aug 2014

The Romanian leu recovered part of its earlier losses against the euro by midday Thursday, but the central bank’s reference weakened slightly to 4.4372 units, from 4.4347 units a day earlier. more

14 aug 2014

Romanian electricity distributor and supplier Electrica (EL.RO) on Thursday said its net profit slid 6% on the year to 197.1 million lei (EUR44.1 million) in the first six months, on lower electricity more

14 aug 2014

Romanian state-run power grid operator Transelectrica (TEL.RO) Thursday said its net profit more than doubled on the year to 226.2 million lei (EUR51 million) in the first half, on higher transport more

14 aug 2014

The Romanian economy is in recession after a second consecutive quarter of decline, a flash estimate from the country's statistics institute INS showed Thursday. more

13 aug 2014

Romanian Rompetrol Rafinare (RRC.RO), the refining arm of the country's second-largest oil group KMG International, Wednesday said its net loss narrowed 40% to $46.98 million in the first half, helped more

13 aug 2014

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday said its net profit more than doubled to 294.36 million lei (roughly EUR66.4 million) in the first half, helped by more

13 aug 2014

The Romanian leu closed slightly higher against the euro in thin volumes Wednesday, amid a quiet market. more

13 aug 2014

Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Wednesday said its loss narrowed 22% to 115.2 million lei (EUR25.97 million) in the first half, from RON147.5 million a year more

13 aug 2014

The Romanian leu appreciated against the euro during the first half of the trading session Wednesday and the central bank’s reference strengthened 0.2% to 4.4347 units, from 4.4425 units a day more

13 aug 2014

Romanian foreign direct investment, or FDI, fell 10.3% to EUR1.19 billion in the first half of the year, the central bank said Wednesday. more

13 aug 2014

Romania's current account balance posted a deficit of EUR878 million in the first six months of 2014, versus surplus a year earlier, mainly due to a wider income deficit, central bank data showed more

12 aug 2014

Fitch Ratings has revised to negative from stable its outlook on Romanian bank Banca Comerciala Romana’s (BCR) ratings, following the downgrade of the parent bank’s viability rating to 'bbb+' from more

12 aug 2014

The Romanian leu lost its earlier advance against the euro by midday Tuesday, tracking the currencies in the region, and the central bank’s reference weakened to 4.4425 units, from 4.4415 units in more

12 aug 2014

Romania’s natural gas consumption fell 5% on the year in the January-June period, while domestic demand for electricity was down 2%, according to estimates from the country’s largest oil and gas more

12 aug 2014

Austrian oil group OMV (OMV.VI) Tuesday said its Romanian arm OMV Petrom (SNP.RO) contributed EUR588 million to the group’s clean CCS earnings before interest and tax in the first half of 2014, down more

12 aug 2014

The Bucharest shares were mostly higher Tuesday morning, with Romgaz (SNG.RO) gaining 1.12% and OMV Petrom (SNP.RO) shedding 0.34% after releasing their first-half earnings reports. more

12 aug 2014

Romania’s biggest oil group OMV Petrom (SNP.RO) has paid some 370 million lei (EUR83.3 million) in additional taxes to the state budget in the first half of 2014, of which RON162 million on a more

12 aug 2014

The Romanian leu opened slightly higher against the euro Tuesday, amid a positive sentiment in the region, as tensions in Ukraine eased. more

12 aug 2014

Romanian leading oil company OMV Petrom (SNP.RO) Tuesday said its net profit fell 42% to 1.387 billion lei (EUR312 million) in the first half, hurt by lower demand for oil and gas and falling power more

11 aug 2014

The Romanian leu closed slightly stronger against the euro after a quiet session Monday, amid low volumes. more