8 nov 2012

The Bucharest stock exchange opened undecided Thursday amid low traded volumes, while transactions with the shares of investment fund SIF Transilvania (SIF3.RO), and oil company OMV Petrom (SNP.RO) more

8 nov 2012

Automotive component maker Preh Romania, one of the major local suppliers of Audi, BMW and Daimler, plans to hire 120 more people for its plant in Ghimbav, near Brasov (central Romania). more

8 nov 2012

Austrian Erste Group has commissioned Czech banker Tomas Spurny, known regionally as an expert in restructuring, to bring Romanian BCR lender back to profit, if possible as early as next year. more

7 nov 2012

Romania's National Association of Tour Operators (ANAT) proposed the Finance Ministry to include the tip in the restaurants bills, a disputed initiative between restaurant owners. more

7 nov 2012

Romanian President Traian Basescu and the government agree to delay the sale of 15% in natural gas transporter Transgaz (TGN.RO) over an expected price increase in a couple of years due to the energy more

7 nov 2012

The Bucharest stock market closed down Wednesday, on growing traded values, fueled by several special deals. more

7 nov 2012

Romanian life insurer ING Asigurari de Viata reported underwritten premiums of 402.8 million lei (EUR89.5 million) in the first nine months, down 1.2% from the same period of 2011, the company said in more

7 nov 2012

Romania’s insurers may lower the expenses related to compensations by two or three times if they resort to the services of mediators, according to the Insurance Surveillance Commission CSA. more

7 nov 2012

Romania’s construction supplies industry witnessed several important deals in 2012, as some companies chose to buy production facilities from rivals, while others decided to join forces in a merger more

6 nov 2012

The Romanian Government approved Tuesday the technical-economic indicators for the construction of the ring road of the northwestern town of Satu Mare, a 379.8 million lei (EUR84.4 million) project. more

6 nov 2012

The Romanian Government on Tuesday adopted the methodological norms to enforce the system making the VAT due on invoice payment and aims to publish a guidebook on the new system. more

6 nov 2012

The Bucharest stock market closed in the green Tuesday, on growing traded values, while the shares trades still remained low. more

6 nov 2012

Holcim Romania's manager Claudiu Soare was named chief executive officer of the group unit in Serbia, the company said in a statement Tuesday. more

6 nov 2012

Romania’s CertAsig said Tuesday it underwrote insurance premiums of EUR6.79 million in the first nine months, up 42% from the same period in 2011. more

6 nov 2012

Hungarian drug maker Gedeon Richter Tuesday said its Romanian sales were flat in euros during the first nine months, at EUR97 million, with the wholesale and retail activity slightly higher. more

6 nov 2012

The Bucharest stock market was slightly higher Tuesday amid low volumes after the first hour of trading. more

6 nov 2012

The Romanian leu traded around 4.52 versus the euro in the first hour of Tuesday interbank session, in a quiet market with low transferred volumes. more

6 nov 2012

Romanian carmaker Automobile Dacia, owned by French group Renault, will launch November 13 its second-generation Logan on the local market. more

6 nov 2012

The highway construction advanced faster in September than in the summer months, by an average 7.7%, from 4.5-5% per month in the summer. more

6 nov 2012

Austrian businessman Gerald Schweighofer, who owns several timber and wood panel plants in Romania, estimated his local wood processing and energy business will reach around half a billion euros in more

5 nov 2012

The Bucharest stock market closed undecided Monday, on very low traded values mainly ensured by trades with the shares of investment fund Fondul Proprietatea (FP.RO) and OMV Petrom (SNP.RO). more

5 nov 2012

Romanian leading bank group Banca Comerciala Romana (BCR) aims to attract 501 million lei (EUR110 million) from stockholders, through a share capital hike to be discussed in stockholders’ meeting more

5 nov 2012

Romanian geological surveys provider Prospectiuni Bucuresti (PRSN.RO) Monday said it named its former commercial manager Andrew Clark as company’s president, a newly-created position. more

5 nov 2012

Romania’s National Customs Authority (ANV) Monday said it posted cash-ins of almost 1 billion lei (EUR221.2 million) in October, 6% higher compared with the same month in 2011. more

5 nov 2012

Bilateral deals closed on the power exchange OPCOM reached EUR300 million between January to October, as much as the total for 2011, mainly fueled by an increased appetite for energy from traders such more