8 sep 2011

Sarantis Romania, among the ten largest on the cosmetics market, has been battling US giant Colgate-Palmolive in court for over two years, asking for EUR1.2 million in compensation, in a lawsuit that more

6 iul 2011

The Bucharest bourse closed Wednesday slightly in the red, unable to recover after a sharp drop early in the session, while the bulk of trading focused on investment fund Fondul Proprietatea (FP.RO) more

6 iul 2011

Romanian state-owned thermal power producer Rovinari bought Monday CO2 emission certificates on the commodities exchange for EUR1.1 million, from international trader Vitol. more

6 iul 2011

Romanian businessman Daniel Guzu started construction of a fruit storage facility and a tourist pension unit in central Romanian county Vrancea, with an overall investment of EUR2.5 million, which more

6 iul 2011

Romanian businessman Daniel Guzu said that if he were to sell construction materials maker Duraziv to the investors that approach him, the transaction would be less profitable than the sale of Fabryo more

5 iul 2011

The Bucharest bourse closed Tuesday on an upward trend, with high traded values, while the focus of investors was spread across the board. more

5 iul 2011

Consumer lender Provident Financial on Tuesday said it has issued loans worth over EUR200 million in its five years of activity in Romania, serving more than 400,000 clients. more

5 iul 2011

German logistics group Nagel on Tuesday announced it has bought a 25% stake in the logistics division of Romanian group Whiteland, for an undisclosed amount. more

5 iul 2011

Romanian insurer Allianz-Tiriac Asigurari on Tuesday said it has appointed Daniela Grigore as chief operational officer and Cristian Ionescu as chief financial officer starting July 1. more

5 iul 2011

Romanian electronics and IT retailer Flanco appointed Gabriel Peres as sales manager, putting him in charge of the company’s sales policy and the nationwide network of 75 units, the company said more

5 iul 2011

Romanian state lost dominance among shareholders of chemical company Oltchim (OLT.RO) regarding such decisions as share capital increases and procurement, after German PCC SE and British Carlson more

5 iul 2011

Unilever South Central Europe on Tuesday said it has appointed Dan Oprescu as marketing director, replacing Fulvio Guarneri who was promoted as vice-president brand building home and personal care more

5 iul 2011

Romania's central bank BNR invested mostly in government bonds in 2010, as its investment policy focused on limiting exposure to private lenders, therefore revenue from administration of the foreign more

5 iul 2011

The Romanian leu opened stronger versus the euro Tuesday, continuing the trend in late trade Monday after Fitch announced an upgrade in Romania’s rating to investment grade. more

5 iul 2011

The Bucharest bourse opened Tuesday on an upward trend, with visible increases for all but a few stocks, while the bulk of trading was focusing on Fondul Proprietatea (FP.RO) and the five regional more

5 iul 2011

Average net wages in Romania dropped 2.7% on the month to 1,458 lei (EUR345) in May, since wages in April had been boosted by Easter and other seasonal bonuses, the statistics institute INS said more

4 iul 2011

The central bank reported staff expenditure worth a total 202.9 million lei (EUR48 million) in 2010, up 9.1% on the year, even though wages were cut by 25% starting July 1 last year. more

4 iul 2011

Romania’s central bank BNR posted a net profit of 1.41 billion lei (EUR334 million) in 2010, compared to RON4.6 billion in 2009, on lower interest revenue, according to the bank’s annual report. more

4 iul 2011

The Bucharest bourse closed Monday in the green, after a slow start, while the bulk of activity in the main market focused on the shares of investment fund Fondul Proprietatea (FP.RO). more

4 iul 2011

Romanian state-owned lignite company SNLO plans to take out a one-year loan worth 40 million lei (EUR9.5 million). more

4 iul 2011

The Bucharest Court on Monday acquitted the management of Banca Transilvania (TLV.RO), clearing it of insider trading charges in a case regarding trades with the bank's stock, which allegedly caused more

1 iul 2011

Shareholders of telecom operator Romtelecom decided Friday to appoint Stefanos Theocharopoulos as the company’s chief executive officer, replacing Yorgos Ioannidis. more

1 iul 2011

Telecom operator Romtelecom will float stock on the Bucharest bourse within 12 months, and consultants will be selected by September 1, Friday said communications minister Valerian Vreme. more

1 iul 2011

The Bucharest bourse will extend the trading schedule by 15 minutes, until 16:30 local time, starting July 15, enabling investors to react to developments on US markets. more

1 iul 2011

The Bucharest bourse closed Friday with a slight increase, on low traded volumes, while the blue-chips were held back by investment fund Fondul Proprietatea (FP.RO) and lender Banca Transilvania more