11 oct 2013

Romania’s leu was stable versus the euro in early session Friday and traded at around 4.45 units amid reduced volumes. more

11 oct 2013

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10 oct 2013

RCI Leasing Romania was the only company interested in leasing 35 commercial vehicles to state-run postal operator Posta Romana. more

10 oct 2013

Romania’s President Traian Basescu Thursday signed a decree appointing deputy prime minister Daniel Chitoiu as acting Economy Minister, the Presidency said in a press release. more

10 oct 2013

Romania’s population increased by 858 people in August 2013, when over 19,373 children were born and some 18,515 people died, according to data released Thursday by the national statistics institute more

10 oct 2013

Walter Radermacher, the general manager of statistics office Eurostat, will arrive in Romania at the beginning of November for a two-day working visit, Tudorel Andrei, the head of national statistics more

10 oct 2013

The Bucharest stock exchange opened up 0.5% Thursday on low volumes, secured mainly by transfers with the shares of investment fund Fondul Proprietatea (FP.RO). more

10 oct 2013

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9 oct 2013

Romania’s Government must reduce the value added tax back to 19%, lower social security contributions and eliminate taxes on reinvested profit to ensure sustained economic growth, according to more

9 oct 2013

German firm Hochtief Solutions will upgrade the Mihail Kogalniceanu International Airport in Constanta, southeastern Romania, for EUR18 million, after the project was cleared by the Bucharest Court of more

9 oct 2013

The Romanian leu continued to fall versus the euro during mid-trade Wednesday and the central bank’s reference hit a two-week low of 4.4631 units per euro. more

9 oct 2013

Businessman Jean Valvis is investing EUR8.9 million in a 5-megawatt photovoltaic park in Calarasi county, southern Romania, and the project is close to completion. more

9 oct 2013

The Romanian Ombudsman Wednesday has challenged the country’s recently adopted Insolvency Code at the Constitutional Court. more

9 oct 2013

The Bucharest stock market opened undecided Wednesday and brokerage firm SSIF Broker (BKR.RO) registered the highest share price increase on the main market, after it disclosed plans to merge with BT more

9 oct 2013

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8 oct 2013

Negotiations to sell state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) will start this week and will involve companies from Israel, Turkey, Romania and post-Soviet states, outgoing Economy more

8 oct 2013

Romania’s new Insolvency Code, to take effect on October 25, will impact small- and medium-sized companies, whose reorganization can’t be carried out in only one year, and will push them into more

8 oct 2013

Romania has met technical requirements to join the border-free Schengen Area, UK Ambassador to Bucharest Martin Harris said Tuesday, adding that Great Britain has not changed its standpoint and more

8 oct 2013

Dietary supplements producer Walmark has appointed Jorge C. Manuel as chief executive officer, replacing Petr Turoň, the company said in a press release. more

8 oct 2013

Retail investors subscribed all shares on their segment during the first four day of an initial public offering of 33% in building materials producer AdePlast. more

8 oct 2013

The Bucharest stock exchange opened down Tuesday in quiet market, and investment fund Fondul Proprietatea (FP.RO) was again top-traded issuer on the main market, securing most of the bourse’s more

8 oct 2013

Bogdan Campianu has been appointed executive manager of E&Y Romania’s Corporate Finance department. more

8 oct 2013

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7 oct 2013

Romstrade, once one of the largest construction firms in Romania, has downsized its staff to below 100 employees after entering insolvency a year ago. more

7 oct 2013

Termination rate cuts in Romania will lower phone bills by over EUR150 million yearly, according to telecom operator RCS&RDS. more