27 mai 2011

Large companies wishing to invest in production units, equipment procurement and technology can access non-reimbursable funds through a program worth a total 400 million lei (EUR97 million), the more

27 mai 2011

Online store eMAG on Friday said it has widened its portfolio to include books, planning to become the top book retailer within the year. more

27 mai 2011

The Bucharest bourse opened up Friday, supported by a surge in chemical stocks, with Oltchim (OLT.RO) continuing its past days' rally, joined by Amonil (AMO.RO) and Azomures (AZO.RO). more

27 mai 2011

The Romanian leu gained slightly against the euro in early trade Friday, amid market apathy, in sync with other currencies in the region. more

27 mai 2011

Romanian energy regulator ANRE proposed the reduction of priority access, by renewable energy producers to the power grid, to include solely producers whose prices are regulated. more

26 mai 2011

The Bucharest bourse closed Thursday in the green, while the five regional investment funds, or SIFs, rose about 2% on average and investment fund Fondul Proprietatea (FP.RO) broke its eight-day more

26 mai 2011

Azerbaijan will consider the AGRI gas route project a priority if it turns out it can be constructed before the Nabucco pipeline, according to Vitaliy Baylarbayov, vice-president of Azeri state-run more

26 mai 2011

Romanian beer importer Bavarom Trading, currently undergoing insolvency proceedings, posted a 27% rise in sales in the first quarter, after concluding 2010 with sales of 9 million lei (EUR2.2 more

26 mai 2011

Romanian paint and lacquer maker Deutek on Thursday said it plans to increase sales by at least 5% this year, to EUR31.5 million, based on a wider share on the domestic market and increased exports to more

26 mai 2011

Raiffeisen Bank International posted a profit after tax of EUR16 million in Romania in the first quarter, down 56% from EUR37 million in the same period a year ago, mainly because of lowered gains more

26 mai 2011

German PCC SE on Wednesday bought 1.9% of Romanian state-run firm Oltchim (OLT.RO), for 5.9 million lei (EUR1.43 million), thus upping its stake in the chemical company to 15.7%. more

26 mai 2011

The Romanian leu opened Thursday flat versus the euro, but it started strengthening early in the session, while volumes remained low in a quiet market. more

26 mai 2011

The Bucharest bourse opened Thursday almost flat on the day, but the five regional investment funds, or SIFs, were gaining more than 1% on average. more

26 mai 2011

Swiss drug maker Sandoz recently appointed Adrian Samson as country head, replacing Iztok Sever, who "chose to pursue personal projects outside the company". more

26 mai 2011

Interest in RASDAQ market has plunged this year, amid its uncertain status and after some of its major companies were moved to the main market of the Bucharest Stock Exchange. Nevertheless, investors more

25 mai 2011

Greek group EFG Eurobank on Wednesday reported a first quarter loss of EUR1.1 million in Romania, compared to EUR2.1 million profit in the same interval last year. more

25 mai 2011

Greek state-owned group ATEbank wants to sell the majority stake in ATEbank Romania, as part of a restructuring plan compiled and unfolded in compliance with European Union regulations. more

25 mai 2011

Prodplast Imobiliare might buy back as much as 10% of its stock if it fails to move, in June, from the alternative trading system of the Sibiu bourse to a regulated market. more

25 mai 2011

Romania’s unemployment rate fell to 5.41% in April, from 5.92% a month earlier, the country’s employment agency ANOFM said Wednesday. more

25 mai 2011

The Bucharest shares fell by more than 1% on average Wednesday, with investment fund Fondul Proprietatea (FP.RO) dropping 3%, after being down as much as 4% during the session. more

25 mai 2011

Italian group Mapei on Wednesday said it may build its first Romanian plant next year, with an investment of some EUR20 million, and it is considering acquiring a local player. more

25 mai 2011

Canadian East West Petroleum (EWP), which owns oil drilling rights to four blocks in western Romania, on Wednesday said it has contracted Serbian Naftna Industrija Srbijefor, or NIS, for the more

5 mai 2011

Eighteen years after setting up the business, Herbert Stein is selling AutoItalia, one of the top local vehicle importers, to Israel's Mediterranean Car Agency. more

5 mai 2011

Radu Enache, owner of Continental, one of the biggest Romanian hotel chains, which operates 1,890 rooms, said that reserves of several million euros he made from share capital and from other sources more

5 mai 2011

Prices at the almost 50 gas stations owned by market leader Petrom (SNP.RO) in Bucharest vary from one station to the next, with savings that can be made between a fill-up at the most expensive more