16 oct 2013

The Romanian leu was steady against the euro Wednesday morning and traded at 4.4470-4.4490 amid low volumes. more

16 oct 2013

The initial public offering of 33% in Romanian building materials producer AdePlast has ended unsuccessfully as investors subscribed less than 70% of the shares available for sale, the brokers of the more

16 oct 2013

Electricity and gas distributor GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, has borrowed 180 million lei (EUR40.4 million) to finance its current business operations. more

15 oct 2013

Romanian telecom operator iNES Group said Tuesday it has fully taken over Digicom Systems, whose turnover amounted to 3.3 million lei (EUR0.74 million) in 2012, down 24% on the year. more

15 oct 2013

The Bucharest stock exchange closed up Tuesday and three issues secured more than half of the bourse’s liquidity. more

15 oct 2013

Romania is ranked last in the European Union regarding the share of Internet users that shop online (11%), while the EU28 average is 59%, according to statistics office Eurostat. more

15 oct 2013

U.S. corporation General Electric (GE) has finished installing wind turbines for a 50-megawatt wind farm project developed by electricity and gas distributor GDF Suez Energy Romania, a unit of more

15 oct 2013

Mariana Gheorghe, chief executive officer of Romania’s largest oil and gas company OMV Petrom (SNP.RO), is ranked the world’s 27th most powerful woman in business in a list compiled by U.S. more

15 oct 2013

The first phase of Cluj-based office complex The Office, developed by South-African investment fund New Europe Property Investments (NEPI) in partnership with Romanian businessman Ovidiu Sandor, is more

15 oct 2013

Aluminum smelter Alro Slatina (ALR.RO) has invested about $100 million since 2002 in increasing its energy efficiency. more

15 oct 2013

The Romanian Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance policies, might be listed on the stock exchange to increase its capitalization, Daniel Tudor, more

15 oct 2013

The Bucharest stock exchange opened up Tuesday in quiet market and amid low volumes. more

15 oct 2013

The Romanian leu gained slightly against the euro Tuesday morning and was trading faintly below 4.46 units amid low volumes. more

14 oct 2013

The Bucharest stock exchange closed down Monday, reversing gains in early trade, and investment fund Fondul Proprietatea (FP.RO) secured half of the bourse’s liquidity. more

14 oct 2013

The European Commission has put several energy projects which involve Romania, including AGRI and a pipeline running from Bulgaria to Austria, on a list of 250 infrastructure projects that may qualify more

14 oct 2013

Lack of technical skills and decision-making ability are the main obstacles Romania and Bulgaria encounter in preparing projects eligible for European financing, according to a report by international more

14 oct 2013

Romanian refinery Petrotel-Lukoil, a unit of Russia’s second-largest oil group Lukoil, is considering building several photovoltaic parks in Ploiesti, southern Romania. more

14 oct 2013

Romania’s Environment Ministry will organize an auction of December 12 seeking to buy an IT system for the EU-funded operational program for environment, aiming to improve fund management and more

14 oct 2013

Romanian investment fund Fondul Proprietatea (FP.RO) registered profit of 535.2 million lei (EUR121.4 million) in the first nine months of 2013, down about 7% from RON574.5 million in the similar more

14 oct 2013

The Bucharest stock exchange opened up Monday, unlike the main European markets, while the bourse’s liquidity was extremely low. more

14 oct 2013

The Romanian leu opened down against the euro Monday and traded slightly above 4.455 units in quiet market and amid low volumes. more

11 oct 2013

Employees of Bucharest subway operator Metrorex and public transport company RATB will go on strike Monday and Tuesday between 4 a.m. and 4 p.m. if negotiations with Transport Ministry more

11 oct 2013

The Romanian Air Force will receive 12 F-16 fighters from Portugal after the governments of the two countries have signed a contract to this end, Romania’s Defense Ministry said Friday. more

11 oct 2013

Romanian cosmetics producer Farmec inaugurated its first beauty salon Friday in Cluj, northwestern Romania, following an investment worth EUR0.36 million. more

11 oct 2013

The Bucharest stock exchanged opened undecided Friday, while the bourse’s liquidity reached 35 million lei (EUR7.8 million) thanks to investment fund Fondul Proprietatea (FP.RO). more