13 aug 2013

The Bucharest stock market was up in early session Tuesday and the shares of investment fund Fondul Proprietatea jumped to a new record high of 0.697 lei (EUR0.157) a unit. more

13 aug 2013

Bucharest-based engineering company Adrem Invest won contracts worth EUR25 million in the first half of the year and will develop projects in China, South Korea and Uzbekistan. more

13 aug 2013

Romania’s leu was stable against the euro in early session Tuesday and traded slightly above 4.41 to the euro in quiet market and amid low volumes. more

12 aug 2013

Market researches do not mirror the reality on the Romanian medicine market, with payment delays and the impact of the clawback tax, and look at the market considering drugstore sales, according to more

12 aug 2013

The Bucharest stock exchange rose slightly Monday and the shares of investment fund Fondul Proprietatea (FP.RO) hit a new record high and moved close to a psychological threshold of 0.7 lei (EUR0.158) more

12 aug 2013

Taiwanese electronics company BenQ registered a 43% market share on the Romanian video projectors market in the first half of the year, following a 7.5% increase in sales. more

12 aug 2013

Romanian shipyard Santierul Naval Orsova (SNO.RO) reported loss of 3.35 million lei (EUR0.75 million) for the first half of 2013, from loss of RON0.385 million in the similar interval a year ago. more

12 aug 2013

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) registered loss of 4.5 million lei (about EUR1 million) in the first half of the year, from net profit of RON0.22 million in the similar more

12 aug 2013

Romanian building materials maker Prefab (PREH.RO) reported revenues of 44 million lei (about EUR10 million) for the first half of 2013, up 27% from RON34.6 million in the similar interval a year ago. more

12 aug 2013

The Bucharest stock exchange opened up Monday on low liquidity, which was secured mainly by investment fund Fondul Proprietatea (FP.RO). more

12 aug 2013

Romanian state-run natural gas producer Romgaz registered net profit of 771.4 million (EUR173.8 million) in the first half of 2013, up 38% on the year, while its turnover continued to fall due to more

9 aug 2013

Romanian pharmaceutical company Terapia Ranbaxy, the largest local generic drug producer, registered turnover of 250 million lei (EUR56 million) in the first half of 2013, up 8% on the year. more

9 aug 2013

The Bucharest stock market opened down Friday, while the bourse’s liquidity was mainly lifted by Erste Group Bank (EBS.RO) and Banca Transilvania (TLV.RO). more

9 aug 2013

Romania’s population decreased by 4,875 people in June 2013, when over 14,400 children were born and some 19,400 people died, according to data released Friday by the national statistics institute more

9 aug 2013

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, reported net profit of 16.14 million lei (EUR3.6 million) for the first half of 2013, 2.5 times higher on more

9 aug 2013

Four of the top-traded issuers on the Bucharest stock exchange in August gained over 10% compared with the end of July in only six sessions. The increases offered investors great gain opportunities. more

9 aug 2013

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8 aug 2013

Romanian farmers who receive state subsidies through a EU-funded payment-per-hectare scheme may get loans from Banca Comerciala Romana (BCR) of up to 90% of the value of the aid. more

8 aug 2013

Cosmote Romania, the third largest telecom operator on the local market, registered a slight decrease in revenues in the second quarter of 2013 to EUR111.4 million due to a 40% termination rate cut, more

8 aug 2013

The Bucharest stock exchange opened up Thursday on rising volumes and focus on Erste Group Bank (EBS.RO), Fondul Proprietatea (FP.RO) and regional investment funds (SIFs). more

8 aug 2013

New taxes applied starting February this year to electricity and natural gas transporters, as well as to natural gas producers, increased budget revenues by about EUR28 million by the end of June, more

8 aug 2013

The Romanian mobile telephony market is still feeling the impact of reducing termination rates by about 40% in 2012 but will recover as mobile internet services have risen to a level that may offset more

8 aug 2013

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7 aug 2013

Romanian insurer ING Asigurari de Viata underwrote premiums of 274.2 million lei (EUR61.8 million) in the first half of 2013, up 1.7% on the year, while its gross profit fell 17.8% to RON5.63 million. more

7 aug 2013

Shopping center Promenada in Bucharest, developed by Raiffeisen Evolution, will be inaugurated on October 17, following a total investment of over EUR130 million. more