31 mai 2011

The Bucharest bourse closed Tuesday with an increase, while the large part of trading targeted investment fund Fondul Proprietatea (FP.RO) and the five regional investment funds, or SIFs. more

31 mai 2011

Liquidator Casa de Insolventa Transilvania, or CITR, recently took over Solve Insolve IPURL in a consolidation and expansion plan that includes another three takeovers by the end of the year. more

31 mai 2011

Private healthcare provider Polisano, owned by businessman Ilie Vonica, plans to open two hospitals in Bucharest and Sibiu by the end of next year. more

31 mai 2011

Construction materials maker Somaco Grup Prefabricate bought a concrete prefab plant for EUR4 million in central county Alba, with plans to invest another EUR2 million in widening its range of more

31 mai 2011

On the eve of a fourth sale attempt for Bucharest bankrupt shopping center City Mall, liquidator Casa de Insolventa Transilvania maintains hope in the face of investor caution, saying the crisis is more

31 mai 2011

Romania still lacks investors for nuclear reactors 3 and 4, despite countless months-long talks with potential partners and a series non-binding commitments mostly by Asian companies. more

30 mai 2011

Rental demand for commercial space on Romania’s main streets comes mostly from casinos and discount stores, according to an analysis by real estate consultants Cushman&Wakefield. more

30 mai 2011

The Bucharest bourse closed Monday in the red, after following an undecided pattern throughout the session, while more than half of today’s lackluster activity consisted of trades in Fondul more

30 mai 2011

International hotel chain Hilton on Monday said it will launch three hotels in Romania this year, bringing its network to seven launched or developing hotels nationwide. more

30 mai 2011

Romanian brokerage firm Tradeville on Monday said it will bring German issuers E.ON, Bayer and Deutsche Telekom to the alternative trading system (ATS) of the Bucharest Stock Exchange. more

30 mai 2011

Bankrupt shopping center City Mall Bucharest will be put on sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 million. more

30 mai 2011

The Romanian leu opened Monday slightly stronger against the euro, amid market apathy, while the other currencies in the region were holding their ground. more

30 mai 2011

Bucharest-traded shares opened Monday slightly below par, with chemical company Oltchim (OLT.RO) ending its upward streak and Amonil (AMO.RO) taking its place as the top gainer. more

30 mai 2011

Managers expect moderate growth in industry, retail and services and growth in construction between May and July this year, compared to the previous three months, the country’s statistics institute more

30 mai 2011

Romania issued 3,145 buildings permits for residential projects in April, down 14.7% on the year and down 6.8% compared to March, the statistics institute INS said Monday. more

30 mai 2011

Austrian financial group Volksbank Friday said its Romanian net asset value fell to EUR4.7 billion in March from EUR4.8 billion at the end of 2010. more

30 mai 2011

Erste Group, owner of Romanian bank BCR, issued financing worth EUR300 million for infrastructure projects so far in Romania, and it expects to double this value within the next year and a half, more

27 mai 2011

The Bucharest bourse closed up Friday, with investment fund Fondul Proprietatea (FP.RO) returning to decline after yesterday's rebound, while Oltchim (OLT.RO) continued its rally. more

27 mai 2011

The Romanian leu closed flat against the euro Friday, at 4.128/4.13 units, after having reached a low of 4.133/4.135 units in late trade. more

27 mai 2011

Piraeus Bank Romania posted a profit before taxes of EUR6.6 million in the first quarter, compared to EUR10.3 million in the same period of 2010, the bank's chief executive officer Catalin Parvu told more

27 mai 2011

Akzo Nobel Coatings, part of the global paint market leader Akzo Nobel, expects Romanian sales to rise 20% in 2011, from 29 million lei (EUR7 million) a year before, based on network expansion and more

27 mai 2011

Israeli real estate developer AFI Europe collected EUR5.7 million in the first quarter from renting the AFI Palace Cotroceni mall in Bucharest, 8% less than EUR6.2 million in the same period of 2010. more

27 mai 2011

The Romanian Central Depository on Friday reported a net profit of some 6 million lei (EUR1.45 million) for 2010, compared to RON2.1 million in 2009, and it expects a net profit of RON1.5 million this more

27 mai 2011

Raiffeisen changed the recommendation for BRD-Groupe Societe Generale (BRD.RO) stock from “hold” to “buy”, just a week after downgrade, while maintaining the 12-month target price at 16.6 lei more

27 mai 2011

A consortium formed of two South Korean companies wants to join the construction of reactors 3 and 4 at nuclear power plant Cernavoda, the Romanian Economy Ministry said in a news release Friday. more