15 nov 2012

Romanian steel works Mechel Campia Turzii (INSI.RO) Thursday said its net loss widened to 82.1 million lei (EUR18.1 million) in the first nine months, from RON69.3 million in the same period of 2011, more

15 nov 2012

Romania’s small renewable energy producers could choose a different state aid from the green certificates mechanism, which could lead to lower prices to end-consumers. more

15 nov 2012

The Bucharest stock market closed in the red Thursday, with the main investment funds covering most of the total traded value, in an apathetic market that showed no reaction to the economic more

15 nov 2012

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, will discuss in stockholders meeting December 18 on taking a nearly $28 million loan from Raiffeisen International, more

15 nov 2012

Romania’s Hunedoara energy holding Thursday said it is negotiating with state-run lender EximBank and the Economy Minister, the power producer's majority stockholder, a state guarantee for loans of more

15 nov 2012

Romanian leasing market may see a growth between 10% to 15% in 2012, from EUR1.35 billion expected in 2012, only if the the economy revives and investors regain their confidence, according to industry more

15 nov 2012

Romanian building materials producer COMCM Constanta (CMCM.RO) Thursday reported a 32% decline in sales to 15 million lei (EUR3.4 million) in the first nine months, from roughly RON22.2 million during more

15 nov 2012

Confort, Euroconstruct and N.M.Construct, the largest construction companies by revenue in Timis County, Western Romania, went insolvent this year. more

15 nov 2012

Demand for corporate loans is in euros, and UniCredit Tiriac Bank continues to grant loans in foreign currency because it has the necessary resources to do that and believes it is difficult to give more

14 nov 2012

Compania Hoteliera Intercontinental Bucuresti (RCHI.RO), which manages the Intercontinental hotel in Bucharest, reported a loss of 3.6 million lei (EUR793,000) in the first nine months of 2012, more

14 nov 2012

The Bucharest stock market closed slightly lower Wednesday, with SIF Transilvania (SIF3.RO), Fondul Proprietatea (FP.RO) and OMV Petrom (SNP.RO) still covering most of the total traded value. more

14 nov 2012

The Romanian Government re-allowed the institutions and public authorities to purchase cars regardless of the cash-for-clunkers program, the vehicles being compelled to have an engine of maximum 1.6 more

14 nov 2012

Businessman Adrian Andrici bought Thursday a 1.44% additional stake in Romanian realty developer Impact Developer&Contractor (IMP.RO), widening its total owned interest in the company to 10.69%. more

14 nov 2012

South African realty investments fund New Europe Property Investments (NEPI) Wednesday said its profit attributable to equity holders totaled EUR19.9 million in the first nine months, over two-fold more

14 nov 2012

Romanian glass container producer Stirom Bucharest (STIB.RO) reported a net profit of 9.6 million lei (EUR2.1 million) in the first nine months, down 43% on the year, the company said in a statement more

14 nov 2012

Romanian harbor operator Socep Constanta (SOCP) on Wednesday reported a 62% decrease in its nine-month net profit to 2.74 million lei (EUR0.61 million), from RON7.21 million in the year-ago period. more

14 nov 2012

Romania’s leu edged slightly higher against the euro Wednesday morning, hovering around 4.535 units amid low appetite for trading. more

14 nov 2012

The Bucharest stock exchange opened in the green Wednesday, continuing the past two days' upward trend, but the traded values remained low. more

13 nov 2012

Romania will increase by over 10% the fees for crossing Danube on the bridges at Giurgeni - Vadul Oii and Fetesti – Cernavoda, the hike being scheduled in two stages and with various facilities for more

13 nov 2012

The Bucharest stock market closed down Tuesday, amid similar traded values than a day before mainly ensured by trades with SIF Transilvania (SIF3.RO) and Fondul Proprietatea (FP.RO) shares. more

13 nov 2012

Belgium’s real estate developer Warehouses DePauw (WDP) Tuesday said it sold the subsidiary in the Czech Republic and aims to further focus on the western European and Romanian markets. more

13 nov 2012

The average turnover of the companies declared insolvent in 2012 was 34% higher than in the year before, which prolongs the financial crisis, according to of Coface rating agency. more

13 nov 2012

Romania’s leu edged down against the euro Tuesday morning, hovering around 4.53 units amid low traded volumes. more

13 nov 2012

Four-star hotel Cismigiu in central Bucharest, held by real estate developer Hercesa, will be able to receive its first guests next month, but the exact date for the opening has not been yet set, more

13 nov 2012

Romanian southern city of Ploiesti is the only one with two malls being built at the same time, namely Ploiesti Shopping City project and AFI Palace Ploiesti. more