11 iul 2013

Electricity and natural gas supplier Transenergo Com registered net profit of 10.3 million lei (EUR2.3 million) last year, double from RON4.7 million in 2011. more

11 iul 2013

Romania’s Transport Ministry said Thursday it appointed a new Managing Board at Bucharest’s subway operator Metrorex. more

11 iul 2013

Romanian building materials producer AdePlast, controlled by businessman Marcel Barbut, said Thursday it registered 31% higher turnover in the first half of 2013, of about 100 million lei (EUR22.6 more

11 iul 2013

Romania will apply royalties for all is natural resources starting next year and will raise them to average royalty rates in the European Union, Prime Minister Victor Ponta said Thursday. more

11 iul 2013

Negotiations regarding the Rosia Montana gold mining project will be completed by September and works will start if the Parliament approves the bill the Government will put forward, Romanian Prime more

11 iul 2013

CBRE Romania, the local subsidiary of commercial real estate services company CBRE, appointed Laura Dumea-Bencze as head of its research department, a position she also filled two years ago. more

11 iul 2013

South-African investment fund New Europe Property Investments (NEP.RO) said Thursday it has acted lawfully in relation to the purchase of Shopping Center Sibiu’s debts, adding that the company has more

10 iul 2013

Transactions with derivatives on the forex market will be brokered only by brokerage firms licensed by Romania’s Financial Supervisory Authority (ASF) or similar authorities in other countries, more

10 iul 2013

Romanian rolling stock repair company Electroputere VFU Pascani (RMAR.RO), former Remarul Pascani, registered turnover of 31.8 million lei (EUR7.2 million) in the first quarter of 2013, 3.6 times more

10 iul 2013

Romania’s natural gas transporter Transgaz (TGN.RO) expects net profit of 271.9 million lei (EUR61.3 million) in 2013, down 17.4% from RON329.3 million last year. more

10 iul 2013

The shareholders of Romanian state-owned natural gas transporter Transgaz (TGN.RO) Tuesday appointed a new Executive Board, the company said in a statement Wednesday. more

10 iul 2013

Romanian oil and natural gas company OMV Petrom (SNP.RO) sold its 99.99% stake in natural gas distributor Petrom Distributie Gaze to Ligatne, controlled by a firm registered in Cyprus. more

10 iul 2013

Romania’s government has raised annual fees for mining activities, including prospecting, exploration and exploitation, by 28%. more

10 iul 2013

The Bucharest stock exchange closed up Wednesday in a quiet market where Fondul Proprietatea (FP.RO), OMV Petrom (SNP.RO) and BRD (BRD.RO) were the most sought-after shares. more

10 iul 2013

Romanian carmaker Dacia, owned by French group Renault, exports over 90% of its car production and has shipped to other countries over 2 million cars since 2005 through its logistics center in more

10 iul 2013

Slovenian pharmaceutical group Krka expects its sales in Romania will increase in 2013, as the company will launch over 10 new products by the end of the year. more

10 iul 2013

PVC profiles maker Gealan Romania expects 10% higher turnover in 2013, of EUR31 million, from EUR28.2 million last year. more

10 iul 2013

Mandatory and voluntary private pension funds in Romania registered average annual yields of 11.4% and 9.4%, respectively, over the past five years and their assets reached 12.2 billion lei (EUR2.75 more

10 iul 2013

Investment fund Argo Real Estate, which owns four shopping centers in Romania, has started legal proceedings against Austrian lender Volksbank and South-African investment fund New Europe Property more

9 iul 2013

Foreign investors’ holdings in Romanian investment fund Fondul Proprietatea (FP.RO) decreased to 62% in June, from 62.58% a month earlier, the fund said Tuesday. more

9 iul 2013

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO), controlled by businessman Ovidiu Tender, seeks to obtain financing of EUR4.4 million from Deutsche Forfait to buy seismic survey more

9 iul 2013

Consortium Genesis Biopartner on Tuesday opened a cogeneration plant using biogas in Filipestii de Padure, southern Romania, following an investment worth EUR5 million. more

9 iul 2013

Romanian businessmen Emil and Marius Cristescu, owners of group Bega, want to sell several plots of land in Timisoara, with an area exceeding 20 hectares, and the buildings located on them. more

9 iul 2013

Chinese IT&C equipment producer Huawei has rented three floors (2,500 square meters) in office building Tower Center in Bucharest, where it is relocating its operations. more

9 iul 2013

Hochland Romania, one of the largest players on the local dairy product market, registered turnover of 197 million lei (EUR44 million) in 2012, steady on the year in lei. more