28 dec 2012

Expert Petroleum will provide Romania's leading oil and gas group OMV Petrom (SNP.RO) services for production enhancement in the western Timis county, following a deal priced at 1.39 billion lei more

28 dec 2012

Romania's town hall of Voluntari, Ilfov county, aims to take a 70 million lei (EUR15.83 million) loan on a ten-year period, for projects co-financed via the Regional Operational Program (ROP). more

28 dec 2012

The Bucharest stock market opened undecided Friday, amid low traded volumes and in a quiet market. more

28 dec 2012

A number of 1,250 companies had a cumulated turnover of over EUR118 billion in 2011, accounting for around 50% of the overall EUR226 billion turnover of all companies in Romania, shows an analysis more

28 dec 2012

Prospectiuni (PRSN.RO), the geological prospecting company owned by Romanian businessman Ovidiu Tender, has won a EUR79.8 million contract for 2D and 3D onshore prospecting works for OMV Petrom more

28 dec 2012

Economic analysts anticipate the economy will grow in 2013, with estimates for an increase of the gross domestic product ranging between 0.5% and 2.2% after the Romanian economy returned to negative more

27 dec 2012

Romanian Bucharest Stock Exchange BVB and the European Bank for Reconstruction and Development EBRD will launch a common project for improving and developing the corporate governance and reporting more

27 dec 2012

The Romanian leu closed at 4.4245/4.4270 per euro Thursday, after it weakened to 4.44 per euro, but later recouped part of the ground lost on hard currency selling orders from non-residents. more

27 dec 2012

The Bucharest stock exchange ended higher Monday, lifted by Banca Transilvania (TLV.RO), BRD-Groupe Societe Generale (BRD.RO), OMV Petrom (SNP.RO), and the five regional investment funds, or SIFs. more

27 dec 2012

The office vacancy rate in Romania's capital city Bucharest will decrease by almost five percentage points by 2014, to 9.8%, considering the surface of newly completed buildings will be halved in two more

27 dec 2012

The Romanian Government decided in Thursday session the indemnity of state-owned companies heads will be limited in 2013, while the employees' salaries will increase by maximum 3%, according to the more

21 dec 2012

Romania's new Cabinet, led by social democrat Victor Ponta, on Friday evening received the Parliament's endorsement with 402 votes in favor and 120 votes against. more

21 dec 2012

The Bucharest stock exchange ended higher Friday, for the ninth consecutive trade, but the five regional investment funds (SIFs) were all down. more

21 dec 2012

Romania’s tax authority ANAF will remain under the subordination of the Finance Ministry, while the Financial Guard, the Custom Authority and the Anti-Fraud Unit will be merged, according to more

21 dec 2012

Any share capital hike through cash inflow of the companies listed on the Bucharest Bourse will be operated by brokers as of January 15, according to the Romanian Securities Commission, or CNVM. more

21 dec 2012

Romania’s designated Finance Minister Daniel Chitoiu aims to increase the level of budget revenues to 38% or 40% of the gross domestic product in 2016, from 32% of GDP in the present, by cutting more

21 dec 2012

The spirits market, estimated at about EUR1 billion, will grow by no more than 5% in 2013, reveals a ZF analysis based on the forecasts of the largest companies in this industry. more

20 dec 2012

Romania’s new government intends to replace the "First Home" program with the "New Home" one, which will only facilitate the acquisition of new homes. more

20 dec 2012

Romania’s new government program mostly targets projects unaccomplished by the former executives over the last 10 years, and aims to reinstate an authority with tasks in the sector of energy more

20 dec 2012

The Bucharest Stock Exchange Thursday suspended from trading the shares of the five regional investment funds SIFs and of Fondul Proprietatea (FP.RO) to announce the amendment of some regulations by more

20 dec 2012

REWE Romania on Thursday said it opened five more units under the Penny Market brand in Romania, bringing its local network to a total 142 units. more

20 dec 2012

Hungary’s oil and natural gas company MOL said Thursday it invested about EUR1.3 million in a new gas station in Romania, expanding its local network to 135 units. more

20 dec 2012

The Romanian Government will approve an emergency ordinance amending the Tax Code, which allows mayors to decide whether to increase local taxes and duties by indexing with the inflation rate for the more

20 dec 2012

The Romanian leu traded around 4.47 units versus the euro Thursday morning, in a quiet market with very low traded volumes. more

20 dec 2012

The Bucharest-listed shares opened down Thursday after seven consecutive days of increase, on average trading volumes, driven by Fondul Proprietatea (FP.RO). more