1 iul 2011

Certinvest, owned by businessman Eugen Voicu, will launch a private closed-end investment fund, Certinvest Green, through which it will fund two alternative energy projects, aiming to draw EUR1.5 more

1 iul 2011

Meat processor Caroli Foods Group on Friday said it has shut down its plant in southeastern Romanian city Tulcea and will focus its activities at the Pitesti plant, because of reduced purchase power more

1 iul 2011

Piraeus Bank Romania wants to become market maker for all state bonds on the Bucharest bourse by the end of the year, Friday said Antonio Flus, the bank’s head of capital markets. more

30 iun 2011

Broker KBC Securities ranked first among Bucharest bourse brokers in June, for the sixth month in a row, with a turnover of 567.25 million lei (EUR134 million) and a 25.5% market share, according to more

30 iun 2011

The leu continued to weaken versus the euro in late trade Thursday, touching a low of 4.247 against the European coin, on foreign currency demand from banks, who are now making provisions. more

30 iun 2011

The Bucharest bourse closed Thursday slightly in the red, on low traded volumes, while the blue-chips managed to stay above par, towed by lender Banca Transilvania (TLV.RO). more

30 iun 2011

Retailer real,- Hypermarket Romania on Thursday said it has appointed Nicolae Danciu as senior manager for relations with local producers, starting July 1. more

29 iun 2011

Overdue private loans in foreign currency increased by 4.7% in May, while overdue loans in local currency inched up 0.4%, according to data published by the central bank Wednesday. more

29 iun 2011

Bankrupt Bucharest shopping center City Mall failed to draw bidders in the fifth auction, set for June 30, thus the liquidator, Casa de Insolventa Transilvania, will sell the unit through direct more

29 iun 2011

The leu weakened slightly versus the euro at closing Wednesday, while players in the market marked their profit after news that the Greek parliament approved a set of austerity measures. more

29 iun 2011

The Bucharest bourse closed Wednesday with a slight increase, while the index tracking energy companies closed below par. more

29 iun 2011

Household consumers in Romania pay twice more than their French counterparts for electricity, calculated on their purchase power, while the price of gas is nearing the EU average, using the same more

29 iun 2011

Economic sentiment improved slightly for Romania in June, mostly for retail, according to a monthly survey unfolded by the European Commission. more

29 iun 2011

The leu weakened slightly against the euro mid-trade Wednesday, while other currencies in the region were losing some of their early gains. more

29 iun 2011

Romania’s central bank Wednesday left its main interest rate at a record low of 6.25% a year for the ninth straight time. more

29 iun 2011

Online store owners need to invest in consumer confidence, according to a GfK survey, since clients mainly show concerns regarding the website’s security and the safety of their personal data. more

29 iun 2011

The leu opened Wednesday flat against the euro, maintaining the ground gained in the previous session, on low traded volumes, while other currencies in the region were strengthening slightly. more

29 iun 2011

The Bucharest bourse opened Wednesday on a rising trend, with the bulk of activity focusing on traditional liquidity driver Fondul Proprietatea (FP.RO), while energy companies were maintaining the more

28 iun 2011

The Economy Ministry wants to simplify legislation on the sale of greenhouse gas certificates, or AAUs, through which it plans to collect EUR1.2 billion, some two times less than initially more

28 iun 2011

The price of imported natural gas may rise by 15% in the third quarter, compared to the beginning of the year, according to estimations by Romanian energy regulator ANRE. more

28 iun 2011

The leu maintained the ground gained early versus the euro Tuesday, out of sync with other currencies in the region, which were weakening against the european coin. more

28 iun 2011

The Bucharest bourse closed Tuesday with an increase, on moderate traded volumes, while chemical and energy companies were the top gainers and the Proprietatea fund provided nearly two thirds of the more

28 iun 2011

Romania’s low level of expenditure will most likely allow for the first half fiscal targets to be achieved, but the authorities still need to imporove the EU-related capital spending, said Jeffery more

28 iun 2011

A potential change in the monetary policy is a decision that can be made later this year, not necessarily in Wednesday's board meeting of the central bank, said Jeffrey Franks, the head of the more

28 iun 2011

Greece woes have resulted in the increase of risk premium for Romania in the last few days, but it will be some time before it can be determined whether the situation is a long-term one and what the more