19 mar 2012

Realty developer AFI Europe collected EUR23.85 million last year from rents in the AFI Palace Cotroceni mall in Bucharest, roughly similar with EUR23.7 million in 2010, according to the company’s more

19 mar 2012

Romanian state-owned salt mining company Salrom posted 13.5% higher sales in 2011, at EUR66.1 million, the highest turnover ever seen by the company, Salrom said Monday in a news release. more

19 mar 2012

The Romanian leu opened flat against the euro Monday, prompting dealers to suspect the continued presence of the central bank in the market, since the leu was trading at weaker levels against the euro more

19 mar 2012

The Bucharest stock exchange was a downward trend in early trade Monday, after opening in green, with chemical company Azomures (AZO.RO) leading the charts after the competition authorities more

19 mar 2012

Romanian rolling stock maker voestalpine VAE APCAROM Buzau (APC.RO), part of Austrian group Voestalpine, plans to pay a gross dividend of 0.09 lei (EUR0.02) per share from 2011 earnings, down 60% on more

16 mar 2012

The Bucharest bourse closed slightly up Friday, on moderate traded volumes, with the bulk of activity focusing on investment fund Fondul Proprietatea (FP.RO). more

16 mar 2012

Romania’s energy regulator ANRE is not planning to increase electricity and gas prices in the near future, but it cannot be known whether these prices will double by the end of the deregulation more

16 mar 2012

State-owned hydropower producer Hidroelectrica started a new round of renegotiations Friday, to amend its bilateral electricity sale contracts, with a plan to conclude the process by the end of March, more

16 mar 2012

The leu continued to weaken against the euro midday Friday, and the central bank's reference was set at 4.3783 units, a new historic low. more

16 mar 2012

SIF Oltenia (SIF5.RO) saw the greatest increase in net assets and SIF Transilvania (SIF3.RO) was the most profitable in February, according to the monthly reports filed by Romania's five regional more

16 mar 2012

The Bucharest bourse opened up Friday, on higher traded volumes after previous session's numbness, with more than half of turnover coming from transactions in investment fund Fondul Proprietatea more

16 mar 2012

The Romanian leu opened weaker against the euro Friday, staying above 4.38 units, as players were buying euro to close positions speculating a potential strengthening of the local currency. more

15 mar 2012

Bostina si Asociatii on Thursday said it posted a turnover of EUR33.4 million for 2011, a record among Romanian law firms, with one third of revenue coming from litigation and foreclosures. more

15 mar 2012

The Bucharest bourse closed mildly up Thursday, on very reduced traded values, with financial stocks among the few movers. more

15 mar 2012

Romanian law firm Zamfirescu Racoti Predoiu (ZRP) on Thursday reported a turnover of 19.1 million lei (EUR4.5 million) for 2011, up 35% on the year. more

15 mar 2012

Austrian real estate firm CA Immo has collected EUR28.5 million from renting out properties owned in Romania, which have a cumulated value of EUR411 million. more

15 mar 2012

The average price of gas imported between January and June will be $493 per thousand cubic meters, up 11.5% from $442/1,000 cbm, the annual average for 2011, according to data from energy regulator more

15 mar 2012

Romanian refinery Rafo Onesti (RAF.RO) seeks to borrow EUR60 million from external creditors and EUR10 million from its majority shareholder, Petrochemical Holding Austria, in an installation upgrade more

15 mar 2012

The Sibiu court on Wednesday allowed an insolvency procedure request filed by construction company Concefa Sibiu (COFI.RO), according to a memo posted on the Bucharest Stock Exchange. more

15 mar 2012

The Bucharest stock exchange opened slightly up Thursday, on little to no trading, while the European markets also posted mild variations. more

15 mar 2012

The Romanian leu opened Thursday slightly weaker against the euro, but it soon started to strengthen on player expectations of a central bank intervention to calm the leu’s decline. more

14 mar 2012

The Bucharest bourse closed up Wednesday, but Transelectrica (TEL.RO) fell 5% in the first day of the secondary public offering in which the Romanian Economy Ministry plans to sell 15% in the company. more

14 mar 2012

Greek dairy maker Olympus on Wednesday announced it has taken out a EUR30 million loan from Black Sea Trade and Development Bank (BSTDB), with a seven-year timeframe, to increase export capacity at more

14 mar 2012

The general manager of state-owned power grid operator Transelectrica (TEL.RO), Octavian Logan, on Wednesday said he and some of the company’s employees are interested in buying shares during the more

14 mar 2012

Two stakes representing 0.22% of the share capital in lender BRD-Groupe Societe Generale (BRD.RO) were traded Wednesday on the Bucharest Stock Exchange’s deal market for a total 16.75 million lei more