29 mar 2013

Romanian lender Banca Transilvania (TLV.RO) forecasts a gross profit of 388 million lei (EUR87.98 million), up 14.5% from RON340 million a year before, according to a budget draft under debate by the more

29 mar 2013

Romanian closed-end investment fund STK Emergent (STK.RO) will pay total dividends of 5.5 million lei (EUR1.2 million) of 2012’s net profit, for the first time since listing its shares on the more

29 mar 2013

Romanian building materials maker Prefab (PREH.RO) Friday announced the company’s general manager Vlad Milut will be replaced with Adrian Razvan Ionescu as of April 1, according to a statement sent more

29 mar 2013

The Bucharest stock market closed down 0.66% Friday, with the shares of Fondul Proprietatea (FP.RO) down 0.94% after having touched a two-year high a session before. more

29 mar 2013

Greek group Sarantis, owner of cosmetics producer Elmiplant, announced its turnover from Romanian operations dropped by 3% in 2012, to EUR34.37 million, from EUR35.42 million in 2011. more

28 mar 2013

In almost five years of decline for the local business sector the likes of which it has not seen in decades, a new kind of consultants has established itself on the market. more

28 mar 2013

Henkel is getting ready to open the first major adhesives plant in Moldova, in Roznov, Neamt County (NE Romania) at a time of low investment, dwindling demand and many insolvencies and bankruptcies in more

28 mar 2013

The ten leading highway construction sites in Romania, with a total length of around 250 km, have already spent EUR1 billion of the expected overall cost of EUR1.8 billion, but they are very far from more

27 mar 2013

Romanian dairy maker Albalact (ALBZ.RO) Wednesday proposed paying out its shareholders gross dividends of 6.8 million lei (EUR1.5 million) from the 2012 profit, for the first time over the last 14 more

27 mar 2013

The Romanian Government named Wednesday the president of Romanian procurement authority ANRMAP, Lucian Vladescu, as state representative in OMV Petrom (SNP.RO) Supervisory Board. more

27 mar 2013

Romanian businessman Gheorghe Iaciu, owner of shopping center Doraly and largest stockholder of investment fund SIF Muntenia (SIF4.RO), bought Wednesday a 23.22% stake in real estate developer Impact more

27 mar 2013

Romania will invest around EUR10 million in the construction of a Regional Center of Excellence for Creative Industries and IT in the northwestern Cluj county, for the production of movies. more

27 mar 2013

Retailer Profi opened Wednesday the first of the six stores taken over earlier this year from Cluj-based company Alimrom Trading. more

26 mar 2013

Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, forecasts revenues of $315 million in 2013, up 18% from a year before, the company said in a statement Tuesday. more

26 mar 2013

EPC Egnatia Romania, supplier of turnkey services for electricity production in photovoltaic projects, Tuesday said it has completed and connected to the network three projects with a total installed more

26 mar 2013

Romanian home appliance manufacturer Electroarges (ELGS.RO) may pay out a gross dividend of 0.0545 lei (EUR0.012) per share to its stockholders from the profit registered in 2012. more

26 mar 2013

The Bucharest stock exchange opened higher Tuesday, with the shares of BRD Societe-Generale (BRD.RO) and Banca Transilvania (TLV.RO) lifting the total liquidity. more

26 mar 2013

The Romanian leu opened slightly lower against the euro Tuesday morning and traded at around 4.415 units in a quiet market and amid low traded volumes. more

26 mar 2013

Romanian agricultural producers are set to harvest a total wheat production of 6.1 million tons this summer, up 22% on the preceding season, show March estimates of Cocereal, a European organization more

26 mar 2013

Shale gas can revolutionize the global energy market and coal-based electricity has again taken precedence over gas-fired power stations, says Eveline Steinberger-Kern, head of the energy division more

25 mar 2013

Romania’s state-run power grid operator Transelectrica (TEL.RO) Monday proposed paying out its shareholders a gross dividend of 0.404 lei (EUR0.091) a share from the 2012 profit, 2.7-fold lower on more

25 mar 2013

The Bucharest stock market closed higher Monday, after falling in the previous two sessions, the bourse’s liquidity being mainly secured by several special deals with the shares of oil company OMV more

25 mar 2013

The cityhall of Voluntari, a town nearby Romania's capital city Bucharest, aims to take a 70 million lei (EUR15.87 million) loan, on a 10-year period, to co-finance public investments developed with more

22 mar 2013

Regional investment fund SIF Banat-Crisana (SIF1.RO) will set up two holdings to transfer the companies in the real estate and hotel sector the fund is majority stockholder in. more

22 mar 2013

Romanian milk producers are the victims of an attack against the quality and safety of local products, but pouring milk on the fields is an extreme gesture of farmers that could go bankrupt because of more