29 mar 2012

The overall surface of industrial space rented in Romania could grow by 15%-20% this year, from 150,000 square meters in 2011, according to realty advisors Cushman&Wakefield Romania. more

29 mar 2012

The number of Romanian companies going insolvent in the first two months of the year narrowed by 10% compared to the same interval of 2011, to 2.608, with firms in retail and construction taking the more

29 mar 2012

The tax fraud investigation of a Romanian firm spilled onto realty developer Impact Developer&Contractor (IMP.RO), causing the latter to have assets worth 16.8 million lei (EUR3.8 million) seized by more

29 mar 2012

The Bucharest stock exchange opened Thursday with a timid increase, on low traded values, with investors focusing on financial stocks. more

29 mar 2012

The Romanian leu was slightly stronger against the euro Thursday morning, in a quiet market with low traded volumes. more

28 mar 2012

The European Bank for Reconstruction and Development, or EBRD, could issue a loan worth 33.2 million lei (EUR7.8 million) to Romanian Apaserv Satu Mare for water and wastewater infrastructure upgrades more

28 mar 2012

Romanian Rompetrol Rafinare SA (RRC.RO), which clusters the refinery operations of oil group Rompetrol, expects to reduce its loss this year to $86 million, from $167.4 million in 2011. more

28 mar 2012

The Bucharest Court approved an insolvency claim filed by Cyprus-registered BJJ Universul Development, owner of landmark building Palatul Universul in Bucharest, since it is unable to pay debts worth more

28 mar 2012

Romanian lender UniCredit Tiriac Bank is interested in issuing covered bonds, depending on legislation and costs, as a method to obtain long-term financing, the bank’s chief executive officer Rasvan more

28 mar 2012

Romanian lender UniCredit Tiriac Bank freed up some 550 million lei (EUR125.7 million) from its provisions by switching to international financial reporting standards (IFRS) from the local standard more

28 mar 2012

Carpatcement, the Romanian unit of German construction materials producer HeidelbergCement, posted a single-digit increase in sales last year, from EUR214 million in 2010. more

28 mar 2012

Romania’s government approved the exploration and drilling agreements concluded between local mineral resources agency ANRM and US oil group Chevron for three Black Sea blocks. more

28 mar 2012

Canadian Bayfront Capital Partners, sole shareholder of Roman Copper, will call on investors from Canada, Europe and the US to pay for the purchase of Romanian copper mining firm Cupru Min, along with more

28 mar 2012

Romania stands to collect 164.7 million lei (EUR37.7 million) from selling 15% in state-owned power grid operator Transelectrica (TEL.RO) in a public offering concluded Tuesday. more

28 mar 2012

Bucharest bourse operator (BVB.RO) and the London Stock Exchange Group, or LSEG, concluded Wednesday an agreement for collaboration in five key areas of business, the companies said in a joint news more

27 mar 2012

Italian UniCredit Group on Tuesday announced a 15.3% year-on-year drop in the pretax profit seen last year in Romania, to EUR42 million, from EUR49 million in 2010. more

27 mar 2012

Romanian agribusiness group Agricover on Tuesday reported earnings before interest, taxes, depreciation and amortization (EBITDA) worth some 44 million lei (EUR10.4 million) for 2011, up 40% on the more

27 mar 2012

The three branches of Romanian electricity supplier Electrica will be floated on the Bucharest Stock Exchange in the second half of this year, and the listing schedule will be developed within a more

27 mar 2012

Romanian authorities decided the start of procedures to list 15% stakes in electricity distributors Electrica Distributie Transilvania Sud, Electrica Distributie Transilvania Nord and Electrica more

27 mar 2012

Canadian Roman Copper, which was founded especially for the purchase of Romanian copper mining firm Cupru Min, has no investment obligation after the purchase, according to Florin Vladan, head of more

27 mar 2012

The Romanian Economy Ministry will launch in 10 days the selection of a broker to list 10% in state-owned nuclear power plant operator Nuclearelectrica, according to Florin Vladan, head of more

27 mar 2012

Bids in the secondary public offering of Romanian power grid operator Transelectrica (TEL.RO) passed the 100% mark Tuesday, so that the government will sell the entire 15% stake in the company put up more

27 mar 2012

Romanian authorities received two offers, from Japanese Marubeni Corporation and China Huadian Engineering, for the construction of an energy production group at power producer Rovinari. more

27 mar 2012

The auction for the privatization of Romanian chemical company Oltchim (OLT.RO) will take place on May 31, Florin Vladan, head of privatization authority OPSPI, told a news conference Tuesday. more

27 mar 2012

Romanian electronics retailer Flanco will appoint Violeta Luca as deputy CEO, starting April, filling a position that has been vacant since 2009. more