2 nov 2012

Romania’s state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) currently operates at 25% to 30% capacity, and with 800 employees of a total of 2,600, Economy Minister Daniel Chitoiu said Friday. more

2 nov 2012

Romania’s thermal power plant CET Braila (CETB.RO) posted a turnover of 21.4 million lei (EUR4.73 million) in January to September, down 28% from RON29.8 million during the same period a year ago. more

2 nov 2012

Romania’s helicopters maintenance and repairing company IAR Brasov (IARV.RO) posted a 61% lower turnover in the first nine month of 2012, at almost RON19 million (EUR4.2 million), from RON48.8 more

2 nov 2012

Romanian insurer Astra Asigurari (ATRA.RO), owned by businessman Dan Adamescu, will buy back part of its own shares in an operation approved in December. more

2 nov 2012

The Bucharest stock market closed undecided Friday, in low traded values mainly ensured by investment fund Fondul Proprietatea (FP.RO). more

2 nov 2012

Sorin Minea, one of the best-known entrepreneurs on the Romanian cold cuts market, will take over full control of Angst business in 2013, buying the remaining stake from his Swiss partners. more

1 nov 2012

The Bucharest stock market closed down Thursday, in an apathetic market and amid very low traded values mainly ensured by investment fund Fondul Proprietatea (FP.RO) and lender BRD Societe Generale more

1 nov 2012

Pork covers almost half of Romanian meat consumption rate, with 60 kilograms per capita annually, followed by the poultry meat, with 15 to 20 kg per capita, according to the associations in the field. more

1 nov 2012

Cold cuts producers aim to increase prices by 10% until Christmas, as a result of more expensive raw materials, utilities and fuels, the president of Romanian Meat Association ARC, Radu Timis told a more

1 nov 2012

Romania's antitrust watchdog has opened an investigation into a possible abuse of dominant position on the market of TV programs rebroadcast, the Competition Council said in a report Thursday. more

1 nov 2012

Romania’s leu opened lower against the euro Thursday, touching an early low at 4.555 units, but it further gained ground and set under 4.54 level amid suspected central bank intervention. more

1 nov 2012

The Bucharest stock exchange opened down Thursday, amid very low traded values mainly ensured by transfers with shares of investment fund SIF Transilvania (SIF3.RO). more

31 oct 2012

The Bucharest stock market closed up Wednesday amid increasing volumes, as investment fund Fondul Proprietatea (FP.RO) and OMV Petrom (SNP.RO) lifted the bourse’s liquidity. more

31 oct 2012

Romanian insurance market was 1.54% higher in January-August period, to 5.5 billion lei (EUR1.21 billion) in underwritten premiums from general and life insurance, according to data of the Insurance more

31 oct 2012

The new departures terminals at Otopeni airport will become operational November 6, following a EUR52 million investment, the company’s communications manager Valentin Iordache told a news more

31 oct 2012

Prices of old apartment in Romania's capital city Bucharest have increased by up to 6.5% in October compared with a month before, except for the four-room units that faced a 2% decrease, according to more

31 oct 2012

The Bucharest stock exchange opened slightly up Wednesday, while the bourse’s liquidity remained low. more

31 oct 2012

Romania’s leu traded at around 4.54 units against the euro Wednesday morning, slightly lower from the closing level a day before. more

31 oct 2012

Fashion retailer C&A will reach 25 stores in Romania by yearend after having opened seven units this year and planned to inaugurate one more. more

31 oct 2012

Peugeot importer Trust Motors might soon take over the imports in Romania of Citroen, the second brand of France's second largest car maker PSA Peugeot-Citroen group, sources in the industry say. more

31 oct 2012

Romanians drank around 200 million liters of spirits last year, down 0.4% on the previous year, shows a ZF analysis based on data of research company International Wine and Spirit Research (IWSR). more

31 oct 2012

Major Romanian farmers are taking an interest in solar power, the next potential clean energy boom after wind power, and are preparing to convert tens of hectares of land into photovoltaic projects. more

30 oct 2012

The Romanian farmers will receive financial aid from the state only upon paying in turn, in due time, the dues resulted from the land lease and rental deals concluded with the State Domains Agency more

30 oct 2012

The Romanian Government decided Tuesday to provide an emergency aid for the employees of chemical plant Oltchim Ramnicu Valcea (OLT.RO), in one tranche in December, as it didn’t have “enough more

30 oct 2012

Romania’s insolvent energy producer Hidroelectrica attempt to sell electricity on the local energy exchange OPCOM was unsuccessful, as four of the six auctions held Tuesday were annulled on lack of more