2 iun 2011

The Romanian leu registered some minor oscillation in late trade Thursday, closing slightly weaker versus the euro, on low traded volumes. more

2 iun 2011

The Bucharest bourse closed Thursday in the red, after staying below par throughout the entire session, while chemical company Oltchim (OLT.RO) posted yet another peaking rise. more

2 iun 2011

The Alba Iulia Court of Appeals rejected the challenge issued by investment fund Fondul Proprietatea (FP.RO) against a government decision that stat-owned gas distributor Romgaz donate 400 million more

2 iun 2011

Rompetrol Downstream, the fuel distribution unit of oil group Rompetrol, Thursday increased pump prices for gasoline and diesel by up to 0.02 (EUR0.004) per liter. more

2 iun 2011

State-owned thermal power producer Rovinari plans to contract works worth an estimated 244.7 million lei (EUR59.2 million) for the construction of a gas desulfurization unit. more

2 iun 2011

The caps on budget deficit and public debt, proposed for introduction in the Constitution, would be an important step in rendering public finance more sustainable, but correction of potential excess more

2 iun 2011

Railway transporter Grampet, owned by businessman Gruia Stoica, appointed Gratian Calin as vice-president. more

1 iun 2011

The Bucharest bourse closed Wednesday with robust increase, as chemical companies soared and investment fund Fondul Proprietatea (FP.RO) dominated trading. more

1 iun 2011

Investment bank Renaissance Capital appointed Morgan Stanley former regional manager Bogdan Ciobotariu as head of the financial division for Central and Eastern Europe. more

1 iun 2011

A 0.91% stake in investment fund Fondul Proprietatea (FP.RO) was transferred Wednesday on the Bucharest bourse’s deal market through two special transactions worth a total 63 million lei (EUR15.2 more

1 iun 2011

Romania’s fast moving consumer goods (FMCG) market will start widening by 5% per year, despite having shrank by 29% over the past two years, to EUR16 billion in 2010, according to a study by more

1 iun 2011

Romania and the other governments of states transited by the Nabucco gas pipeline will meet on June 8 in Turkey with the companies involved in the project, to sign project support agreements aimed at more

1 iun 2011

Romanian private healthcare operator MedLife on Wednesday launched a pediatrics hospital in Bucharest, following an investment of EUR13.5 million. more

1 iun 2011

France Telecom-Orange appointed Jean-Francois Fallacher as chief executive officer of Orange Romania, replacing Thierry Millet who was promoted within the group. more

1 iun 2011

The Bucharest bourse opened Wednesday with an upward trend, led by chemical company Oltchim (OLT.RO) and investment fund Fondul Proprietatea (FP.RO). more

1 iun 2011

The Romanian leu opened almost flat against the euro Wednesday, in sync with other currencies in the region, while volumes remained low and fluctuations minor. more

1 iun 2011

Romanian investment fund Fondul Proprietatea (FP.RO) bought back last week a 0.19% stake for 12.88 million lei (EUR3.1 million), according to a memo sent Wednesday to the Bucharest Stock Exchange. more

1 iun 2011

Romania’s outlook seems to be stabilizing, based on improved economic sentiment regarding the economy, payment terms and capital expenditure plans, but confidence is very low and employment is more

31 mai 2011

The Romanian Finance Ministry lost its dominant position among the shareholders of investment fund Fondul Proprietatea (FP.RO), after recently ceding a 10.1% stake in the fund to compensate former more

31 mai 2011

Jordan Express Light Railway Company, owned by businessman Fathi Taher, signed a contract with consultants Railway Business to find Romanian investors interested in a $500 million project developed in more

31 mai 2011

Poultry meat producer Avicola Brasov on Tuesday said it plans to take out a 40 million lei (EUR9.7 million) loan to support production. more

31 mai 2011

Chemical plant Oltchim (OLT.RO) bought from oil company OMV Petrom (SNP.RO) another set of assets at the Arpechim refinery, to be used in petrochemistry activities. more

31 mai 2011

Garanti Bank Romania plans to contract financing worth up to EUR22.5 million from the International Finance Corporation, a World Bank offshoot, to credit small and medium sized companies. more

31 mai 2011

Communication group Lowe on Tuesday reported sales of 218.5 million lei (EUR53 million) in 2010, with 20% of turnover coming from new contracts. more

31 mai 2011

Germany’s Henkel group, which owns two building materials and adhesive plants, will start building its third plant in October, in Roznov, southeast of Piatra-Neamt, with investment planned at EUR10 more