22 mar 2013

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) Friday proposed paying out its stockholders a gross dividend of RON0.079 (EUR0.017) a share from 2012’s net profit, up 9.77% on more

22 mar 2013

The Bucharest stock market opened in the red Friday, amid moderate turnover and with the shares of OMV Petrom (SNP.RO) down over 1% after the company proposed paying out its shareholders a lower more

22 mar 2013

Monika Puiu, managing partner of farming equipment distributor NHR Agropartners, which in Romania sells tractors and combines manufactured by Italy’s New Holland, says a good tractor driver hired by more

22 mar 2013

Major state-run energy producer Hidroelectrica has moved from monthly losses of EUR50 million to a profit of EUR10 million last month, shows a report on the company’s financial performance published more

21 mar 2013

Romanian state-owned drugmaker Antibiotice Iasi SA (ATB.RO) Thursday proposed a share capital increase by 10.33 million lei (EUR2.33 million), to RON67.13 million, by reinvesting the profit. more

21 mar 2013

Romanian oil company OMV Petrom (SNP.RO) Thursday proposed paying out its shareholders a gross dividend of 0.028 lei (EUR0.0063) a share from the 2012 record profit, 9.6% lower on the year. more

21 mar 2013

The Bucharest stock exchange closed down Thursday, erasing the past two days' gains, with all ten components of the market's blue-chip index BET ending in negative territory. more

21 mar 2013

The management of Romanian state-owned airline Tarom forecast a loss of 143 million lei (EUR32.3 million) in 2013, narrower than the previous estimate of RON186 million included in the company’s more

21 mar 2013

Romania’s antitrust body announced Thursday it was looking into the takeover by Auchan Romania of real,- Hypermarket chain. more

21 mar 2013

Beer sales went up 24% this January, compared with the year-ago period, to 741,000 hectoliters, according to ZF’s calculations based on National Statistics Institute data. more

21 mar 2013

Turkish dairy producer Sutas, a group with turnover of $600 million per year, bought in a complex deal the former plant of Israeli dairy processor Tnuva near Bucharest, which went bankrupt last year. more

21 mar 2013

Pharmaceutical companies are using employee leasing services more and more often to boost sales force, creating a market that might grow by 30% this year. more

21 mar 2013

The economic crisis caused losses for around half the 42 banks on the Romanian market, with the budget “losing” a big share of the resources that banks used to pay in profit tax, as the overall more

20 mar 2013

The Romanian stock market closed slightly higher Wednesday, with the shares of the Bucharest Stock Exchange (BVB.RO) closing up 3.77% after a proposal to pay a higher dividend. more

20 mar 2013

Austria’s CA Immo Wednesday said its revenue from rents in Romania were up 7.3% in 2012, to EUR30.6 million. more

19 mar 2013

Romanian food company Lactag, which owns a dairy factory and a 17-convenience store network, mulls entering the meat products market by acquiring a factory in the southern county of Dolj. more

19 mar 2013

The Romanian stock market closed higher Tuesday, in an opposite trend from international markets, which were in red at Bucharest closing time. more

19 mar 2013

Bucharest-based nuclear component plant Fabrica de Echipamente si Componente Nuclearo-Energetice (FECNE) Bucuresti, owned by Italy’s Walter Tosto, will supply China’s Ningbo equipments for eight more

19 mar 2013

The Bucharest stock exchange was undecided in early trade Tuesday, as the interest was low and the liquidity was scarce. more

19 mar 2013

Many of Romania’s important entrepreneurs, like Ion Tiriac, Radu Timis, Mihai Miron and Puiu Popoviciu, own companies whose shareholders include Cyprus-based entities. more

19 mar 2013

Retailer Cora, which operates a 10 hypermarket chain in Romania, will introduce the coradrive.ro service in this country, which allows customers to shop online and pick up the products in stores. more

18 mar 2013

Romania’s state-run power grid operator Transelectrica (TEL.RO) Monday named Dumitru Parvulescu, former deputy secretary general with Economy Ministry, as president of the company’s Supervisory more

18 mar 2013

Romanian state-owned freight company CFR Marfa forecasts losses of 211 million lei (EUR47.84 million) in 2013, 2.2-fold higher from RON95 million seen in 2012. more

18 mar 2013

The Bucharest stock market closed down Monday, in line with the international markets, while the traded values were boosted by deals with Fondul Proprietatea (FP.RO) shares. more

18 mar 2013

Danone Romania, a unit of French food group Danone, Monday said it will withdraw from the market some of its products that may contain traces of aflatoxin-contaminated milk and block in storage other more