Foreign Investors Council: Predictability Is Crucial to Economic Development
07.05.2017
The Foreign Investors Council (FIC) is worried by the substantial changes to the governing program and believes that such radical changes, announced at very short notice, can have a destabilizing effect on the economy and only serve to dent the trust of existing and future investors.
-
Financial Supervisory Authority Approves New Capital Market Regulation 07.21.2017
Romania’s Financial Supervisory Authority (ASF) has approved a new regulation for the local capital market. more
-
Hidroelectrica Pays RON1B Dividends From 2016 Profit 07.20.2017
Romania’s state-owned hydropower producer Hidroelectrica will pay entirely the dividends for 2016, in the amount of RON1.035 billion, to its two... more
-
Raiffeisen Asset Management Launches Second Absolute Yield Fund 07.18.2017
Raiffeisen Asset Management has launched the second absolute yield fund, called Raiffeisen Benefit Euro and the access to the new fund is free of... more
-
AmCham Romania Says Planned Fiscal Changes Drive Investors Away 06.30.2017
Changes in the fiscal policy announced in the new government program generate turmoil in the business climate and severely affect the stability and... more
-
Intercapital Invest Withdraws From Capital Market; Clients To Be Transferred To Tradeville 06.22.2017
Intercapital Invest, one of Romania’s largest independent brokerage companies, plans to withdraw from the capital market and to conclude a... more
-
Romanian Leu Hits New Record Low, Of 4.5957 Vs Euro, Amid Lingering Political Tension 06.20.2017
The Romanian leu depreciated further against the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at... more
-
Private Pension Funds Have EUR140M Investments In Foreign Stocks 06.20.2017
The seven mandatory private pension funds managing the retirement money of seven million Romanians had 5.88 billion lei (EUR1.28 billion)... more
-
Teraplast Buys Additional 10% in Depaco 06.19.2017
Teraplast Group, the biggest PVC processor in Romania and of the leading manufacturers of materials for the constructions and installations market... more
-
Romgaz To Pay Dividends of RON3.82/Share From 2016 Profit 06.15.2017
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) will pay gross dividends of RON3.82/share, totaling RON925 million, shareholders... more
-
Romanian Leu Hits Five-Year Low, Of 4.5872 Vs Euro, Amid Political Tension 06.15.2017
The Romanian leu depreciated against the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.5872... more
-
Giant Bond Issue On Bucharest Stock Exchange As Globalworth Seeks To Raise EUR550M 06.14.2017
BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock Exchange... more
-
SIF Moldova Sells 9 Mln Banca Transilvania Shares For RON26M; Reduces Stake To 6.9% 05.31.2017
Romanian regional investment fund SIF Moldova (SIF2.RO) sold, on May 30, a stake of nine million shares of Banca Transilvania (TLV.RO), for RON2.94... more
-
Bucharest Stock Exchange At Its Highest In Nine Years 05.29.2017
The Bucharest Stock Exchange rose again on Friday, reaching its highest level since January 2008. more
-
Foreign Investors Account for 70% of Romania's Exports, Employ Over 30% of Workforce 05.25.2017
Foreign investments have contributed to financing the Romanian economy as over 70% of Romania's exports were made by businesses with foreign... more
-
Romanian Leu Strengthens Vs Euro, US Dollar 05.23.2017
The Romanian leu gained ground against the euro and the US dollar by midday Tuesday. more
-
Comvex Gets EUR33M Loan from Raiffeisen and EximBank 05.22.2017
Romanian harbor operator Comvex Constanta (CMVX.RO) took a EUR33.6 million loan from Raiffeisen Bank and EximBank Romania at the end of last week... more
-
Leu Touches 4.5729 Vs Euro, Record Low Since October 2012 05.18.2017
The Romanian leu lost ground against the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.5729... more
-
MedLife 1Q Turnover Up 26% At RON147M 05.15.2017
MedLife (M.RO), the leading private healthcare services provider in Romania, posted a 26.4% increase in turnover on the year, to RON146.9 million,... more
-
Banks Pushed Oversubscription Of Digi Shares Through Loans 05.11.2017
The biggest sale of shares of a private company in the history of the Bucharest Stock Exchange ended on Wednesday at 5 p.m. Subscription of Digi... more
-
Bucharest Stock Exchange’s BET Index Places 2nd In The EU, After 16.1% Rise In Jan-April 2017 05.03.2017
The BET index, which tracks the twelve most liquid shares on the Bucharest Stock Exchange (BVB), rose 16.1% in January-April 2017, placing it... more
Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be
more
BRD-Groupe Société Générale and UniCredit Bank is granting a syndicated loan worth over EUR177 million to pharmaceutical group A&D
more
Nearly half (49%) of Romanian entrepreneurs said they started their own business to feel more secure about their own future, according
more
The modern logistic and industrial space stock in Bucharest grew nearly ten times in the past 13 years, to nearly 1.2 million square
more
OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday said it invested nearly EUR5 million in modernizing
more
BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock
more
US company Timken opened a new bearing factory in Romania Tuesday, near Ploiesti, following an investment of $60 million.
more
South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, has
more
28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the
more
Brisegroup, one of the largest grain traders and farm input wholesalers in Romania, plans to invest EUR7 million in the completion of a
more
Continental, one of the world’s largest car parts manufacturers, said it plans to increase the number of employees in Romania, by
moreAnalysis
Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.
