14 nov 2016

Banca Transilvania (TLV.RO) reported operating income of RON2.125 billion in the first nine months of the year, while its net profit reached RON657 million, the bank said in a statement Monday. more

14 nov 2016

Romanian oil refining company Rompetrol Rafinare (RRC.RO), member of KMG International group, registered a consolidated net profit of $20.8 million in the first 9 months of 2016, up 41% versus the more

14 nov 2016

Romanian natural gas transmission company Transgaz (TGN.RO) reported a 7% decline in net profit for the first nine months of the year, to RON358 million, the company said in a statement. more

14 nov 2016

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) reported a net profit of RON48 million in January-September, up 45% compared with the year-earlier period, while its turnover more

14 nov 2016

South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, reported a net profit worth EUR105 million in the first nine months of more

14 nov 2016

Romanian foreign direct investment, or FDI, amounted to EUR3.143 billion in January-September, up 11.2% versus the year-earlier period, central bank data showed Monday. more

14 nov 2016

Romanian chemical plant Oltchim Ramnicu Valcea (OLT.RO) reported a net profit of EUR16 million in the first nine months of 2016, versus losses of RON15.77 million in the year-earlier period, the more

14 nov 2016

Romanian industrial equipment maker Comelf Bistrita (CMF.RO) reported a net profit of RON4.4 million in January-September 2016, 50% lower compared with the same period a year before, the company said more

14 nov 2016

Rompetrol Well Services (PTR.RO), a unit of KMG International, the second largest oil group in Romania, on Monday said it registered a net loss of RON4 million in January-September 2016, while more

14 nov 2016

Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, reported a net profit of RON52.5 million in January-September 2016, up 36% against the year-earlier period, the company more

13 nov 2016

The orders of Czech online fashion retailer ZOOT on the Romanian market exceeded EUR500,000 in October 2016, after one year on the local market, and are estimated to reach over EUR2 million at the end more

13 nov 2016

Service provider for the energy industry Romelectro carries out upgrade works at transforming power station Bradu for Romanian state-run power grid operator Transelectrica (TEL.RO), Romelectro more

13 nov 2016

The works to be carried out by service provider for the energy industry Romelectro at the new thermal power plant of state-owned natural gas producer Romgaz in Iernut will start next summer and will more

11 nov 2016

The Association of Romanian Online Stores (ARMO) became a member of EMOTA and Ecommerce Europe, two of the most important e-commerce organizations in Europe, the company said in a statement Friday. more

11 nov 2016

Romania's manufacturing industry received 22.8% more orders in September compared with August, the country's statistics board said Friday. more

10 nov 2016

Bucharest Stock Exchange (BVB) group reported a net profit of RON4.3 million in January-September, up 2% on the year, while its operating revenue rose 4% to RON23 million. more

10 nov 2016

Romania’s state-owned hydropower producer Hidroelectrica reported a gross profit of RON1.133 billion in the first nine months of 2016, up 29% versus the year-earlier period, the company said in a more

10 nov 2016

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9 nov 2016

Romania's largest bank Banca Comerciala Romana (BCR), a unit of Austria’s Erste Group Bank (EBS.RO), has appointed Horia Braun, 39, as Chief Economist and research manager starting January 1, 2017, more

9 nov 2016

The Bucharest stock market opened down Wednesday on traded value worth 11.16 million lei (EUR2.47 million) after Republican candidate Donald Trump was elected the next US president, triggering more

9 nov 2016

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8 nov 2016

Bucharest Court of Appeals has rejected the appeal filed by insurance company City Insurance, owned by businessman Dan Odobescu, against the decision of the Financial Supervisory Authority (ASF) on more

8 nov 2016

The Romanian durable goods market rose 9.5% in the third quarter of 2016 verus the year-earlier period, while large household appliances, small appliances and electronics segments registered a more

8 nov 2016

British retailer Marks & Spencer (M&S) will close its six clothing stores in Romania, as part of the plan to close down 53 stores in ten markets, the company said in a statement. more

8 nov 2016

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