24 mai 2016

Low cost airline Wizz Air started operating flights from Bucharest to Lisbon and Birmingham, the company said in a statement on Tuesday. more

24 mai 2016

OTP Bank, a mid-sized player in the banking sector, controlled by Hungary’s largest financial group OTP, has decided to raise the down payment required on mortgage loans in lei and foreign currency more

24 mai 2016

Romanian regional investment fund SIF Moldova (SIF2.RO) on Tuesday sold a stake of 600,000 shares held in lender Banca Transilvania (TLV.RO), for a total RON1.65 million. more

24 mai 2016

Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) reported a net profit of RON1.56 million (EUR350,000) in the first quarter of 2016, down 12.25% on the year, the company said in a more

24 mai 2016

Romanian investment fund Fondul Proprietatea (FP.RO) bought back, between May 16-20, approximately 5.4 million own shares totaling RON3.9 million, the company said in a statement to Bucharest Stock more

24 mai 2016

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23 mai 2016

SAI Muntenia Invest, the administrator of Romanian regional investment fund SIF Muntenia (SIF4.RO), appointed Florica Trandafir as the new chairwoman of the Board of Directors. more

23 mai 2016

Romanian industrial equipment maker Comelf Bistrita (CMF.RO) plans to buy approximately 936,000 own shares, representing 4% of its share capital. more

23 mai 2016

Romanian chemical company Chimcomplex Borzesti (CHOB.RO) wants to buy back a 6% stake in the company and will assign a maximum budget of RON10.695 million in this respect. more

23 mai 2016

Teraplast Bistrita group (TRP.RO), processor of PVC profiles and manufacturer of building materials and installations, will pay dividends of RON0.021 per share from its 2015 profit, totaling RON7.9 more

23 mai 2016

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20 mai 2016

Patria Bank got the central bank’s approval to sell financial products and services via the units of Romanian state-run postal company Posta Romana. more

20 mai 2016

Austria’s GoodMills Group, indirectly controlled by financial group Raiffeisen, has sold its Romanian bakery division and retail division Casa Brutarului (former Belforno) to Swedish group more

20 mai 2016

The European Commission has unblocked the payments for Sectoral Operational Programme Human Resources Development (SOP HRD 2007-2013) in Romania, worth EUR167 million, which were cut off in February more

20 mai 2016

Romanian building materials maker Prefab Bucuresti (PREH.RO) will pay dividends of RON0.01337 per share from its 2015 profit, which is equal to a yield of 1%. more

19 mai 2016

The Romanian leu lost ground versus the main three foreign currencies, the euro, the dollar and the Swiss franc by midday Thursday. more

19 mai 2016

Consumer confidence is at the highest level since December 2013 in Romania, while the international business environment expects the country to be one of the five top markets this year, according to a more

18 mai 2016

Turkish real estate developer Anchor Grup completed the renovation process of shopping centers Plaza Romania and Bucuresti Mall held by the company in capital city Bucharest, following EUR26 million more

18 mai 2016

Romania is experiencing no macroeconomic imbalances but there are financial risks linked to the high stock of net foreign liabilities, the vulnerabilities of the banking sector and the pro-cyclical more

18 mai 2016

Romanian drivers pay one of the highest tariffs for civil liability car insurance policies (RCA), in Europe, of EUR150, according to Madalin Rosu, representative of car insurance segment at the more

18 mai 2016

Romanian banks were among the most profitable lenders in Europe by return on assets indicator (ROA) in 2015, while Banca Transilvania was the most profitable lender in Romania, with a RON2.4 billion more

18 mai 2016

The guarantee ceiling for this year’s government-guaranteed mortgage lending First Home program was supplemented by RON500 million, according to a decision adopted Wednesday by the government, as more

17 mai 2016

Hotel operator SIF Hoteluri (CAOR.RO) reported losses worth RON1.57 million in the first quarter of the year, the company said on Tuesday. more

17 mai 2016

Romanian pharmaceutical producer Biofarm (BIO.RO) reported a profit of RON6.49 million in the first quarter of the year, down 52% compared with January-March 2015, the company said on Tuesday. more

17 mai 2016

Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) reported a profit of RON7 million in January-March, down 36% compared with the first quarter of 2015, the company said more