21 oct 2013

Romania’s Finance Ministry has raised EUR500 million in a reopening of its September 2020 dated Eurobond in international markets Monday, with the average yield falling to a record low of 4.15% a more

21 oct 2013

The Bucharest stock market fell 0.68% Monday and small investors continued to sell shares in their portfolio to raise money to participate in an initial public offering for 15% in Romgaz. more

21 oct 2013

Romanian fuels wholesaler Petrolexportimport Bucuresti (PEI. RO) will invest about EUR3 million in 2014-2015 in building a liquefied petroleum gas (LPG) warehouse in Popesti-Leordeni, near Bucharest, more

21 oct 2013

Romania’s state-run lender EximBank is moving its headquarters to Kiseleff Palace, Bucharest, to reduce operating costs, the bank said Monday. more

21 oct 2013

About 1,734 Romanian firms defaulted on their debts in September 2013 and the number of insolvencies reached some 20.220 in the first nine months, up about 7% on the year, according to Trade Registry more

18 oct 2013

Regional investment fund SIF Crisana-Banat (SIF1.RO) wants to buy 50.37% of construction firm Transilvania Constructii (COTR.RO) for 23.8 million lei (EUR5.3 million), or RON50 per share. more

18 oct 2013

The Bucharest stock exchange opened down Friday in apathetic market and amid low volumes. more

18 oct 2013

Residential compound Arena Residential in Iasi, northeastern Romania, has been put up for sale at a starting price of EUR6.4 million. more

18 oct 2013

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17 oct 2013

The European Commission has approved the European Union’s infrastructure policy for 2014-2020 and two of the nine key transport corridors included in the strategy take in Romania, which may get more

17 oct 2013

The Bucharest stock market closed undecided Thursday and investment fund Fondul Proprietatea (FP.RO) was the only issuer to make a difference, securing more than half of the bourse’s liquidity. more

17 oct 2013

Audit and consulting firm PwC plans to invest $60 million in Central and Eastern Europe (CEE) in the next three years, aiming to enhance industry and specialist expertise and strengthen its market more

17 oct 2013

Greek cosmetics group Sarantis, which plans to shut down its Elmiplant cosmetics factory in Romania, said Thursday it will move to Greece only a small part of its business in Romania, which will more

17 oct 2013

Firm Green Vision Seven, indirectly controlled by Chinese solar panel supplier Hareon, will finish the construction of an 82-megawatt photovoltaic park in Brasov county, central Romania, by the end of more

17 oct 2013

Creditors approved the reorganization plan of residential compound Ibiza Sol, which states two action plans, including selling the complex for EUR33.3 million, firm Euro Insol, the court-appointed more

17 oct 2013

The Bucharest stock market opened up Thursday on low volumes and reduced interest from investors. more

17 oct 2013

Romanian prosecutors indicted Remus Borza, president of the Supervisory Board of state-owned hydropower producer Hidroelectrica, on charges of conflict of interest. more

17 oct 2013

The Romanian leu was stable against the euro Thursday and traded slightly below 4.45 units on extremely low volumes. more

16 oct 2013

The Bucharest stock exchange closed up Wednesday and investment fund Fondul Proprietatea (FP.RO), whose offer to repurchase 4.35% of its own shares was oversubscribed earlier Wednesday, secured half more

16 oct 2013

Andrei-Dominic Gerea has been sworn in as Romania's new Economy minister Wednesday at the Presidential Palace. more

16 oct 2013

Romania’s Senate Wednesday rejected President Traian Basescu’s request to reexamine a bill approving a Memorandum of understanding between the state and oil company Rompetrol, signed in Bucharest more

16 oct 2013

Austrian group Strabag expects its turnover in Romania to drop to about EUR300 million this year, from EUR350 million in 2012, due to a decrease in the number of large projects available on the more

16 oct 2013

Austrian company Raiffeisen evolution is considering buying more land in Bucharest to develop medium-sized office buildings. more

16 oct 2013

Registrations of new Dacia cars in the European Union climbed 20.6% in the first nine months of 2013 to 211,419 units, while the overall EU car market shrank 3.9% to 9 million units, the European more

16 oct 2013

The Bucharest stock exchange opened up Wednesday with investors still cautious, while the bourse’s liquidity was lifted by transactions with the shares of real estate developer Impact Developer more