21 iun 2011

Oil drilling and construction firm Dafora Medias (DAFR.RO) could increase its share capital by 5.1 million lei (EUR1.2 million), to EUR102.4 million. more

21 iun 2011

The Bucharest bourse closed up Tuesday, on higher traded values, with the bulk of activity predictably focusing on the traditional liquidity driver, investment fund Fondul Proprietatea (FP.RO). more

21 iun 2011

Romanian state-owned hydropower producer Hidroelectrica will hold an auction on June 28 to select a supplier of computer systems worth a total 38.2 million lei (EUR9 million). more

21 iun 2011

Several doctors launched Monday the private healthcare unit Delta Hospital, with an investment of EUR13 million. more

21 iun 2011

Romanian nuclear power oversight committee CNCAN asked nuke plant Cernavoda to reevaluate the security of its two active reactors, at the request of the European Commission, following the post-quake more

21 iun 2011

The value of real estate transactions concluded in the first half of this year in Romania overshot the EUR232 million seen in the same interval of 2010, considering the recently announced deal between more

21 iun 2011

The first building of the AFI Business Park Cotroceni office project will be delivered by developer AFI Europe in summer next year, according to property consultants The Advisers/Knight Frank, more

21 iun 2011

Pharmaceutical company Bristol-Myers Squibb Romania will move its central headquarters to Bucharest’s Europe House, where it has rented 930 sqm, according to real estate firm DTZ Echinox, broker of more

21 iun 2011

British Petrofac could invest $300 million in Romania over the next 15 years, to redevelop several mature oil and gas wells, Tuesday said Petrofac Romania general manager Tudor Gafton. more

20 iun 2011

Romanian insurer Groupama Asigurari appointed Calin Matei as deputy general manager, a position left vacant since 2010, when Sanda Nicoara was promoted as general manager. more

20 iun 2011

The Bucharest bourse closed in the red Monday, on lackluster trading, with more than half of activity coming from transactions in investment fund Fondul Proprietatea (FP.RO). more

20 iun 2011

Romania’s autogas market rose some 10% last year, representing 45% of liquefied petroleum gas (LPG) sales, gas automation and measurement firm Syscom 18 said Monday. more

20 iun 2011

A consortium formed of Tuca Zbarcea&Asociatii and Freshfields Bruckhaus Deringer will represent Romania in an arbitrage bid filed by two Turkish businessmen at the International Center for Settlement more

20 iun 2011

Insurer Eureko Asigurari appointed Alexandru Leondari as chief commercial officer, replacing Shaun Russell, whose three-year mandate expires at the end of June. more

20 iun 2011

The Bucharest bourse opened lower Monday, on reduced volumes, and chemical company Oltchim (OLT.RO) continued to decline, with its stock down 15% in early trade. more

20 iun 2011

The Romanian leu opened weaker versus the euro Monday, in line with other currencies in the region, on Greece-related negative sentiment. more

20 iun 2011

South-African fund New Europe Property Investments (NEPI) announced it has recently drawn EUR29 million in a share capital hike, adding the new stock will enter trade on June 22. more

17 iun 2011

The Bucharest bourse closed Friday in the green, after a session-long upward trend, led by the five regional investment funds, or SIFs, which gained more than 2.5% on average, while chemical company more

17 iun 2011

Romanian Shopping Center Holding, a company owned by businessman Gabriel Popoviciu, Friday said it will launch this fall the Oradea Shopping City mall, following an investment of EUR50 million. more

17 iun 2011

Romanian fiscal regulator ANAF will lay off 2,000 employees during reorganization, and more than half of the employees involved will have to leave within the next 60 days, the authority's president more

17 iun 2011

A total number of 9,177 companies were dubbed insolvent in the first five months of the year, slightly less than 9,357 in the same interval of 2010, according to data published Friday by trade more

17 iun 2011

The Romanian Finance Ministry decided not to renew the mandate of Mirela Iovu as vice-president of CEC Bank, people close to the matter told MEDIAFAX. more

17 iun 2011

The leu opened almost flat against the euro Friday, amid quiet trading, in line with other currencies in the region. more

17 iun 2011

The Bucharest bourse opened Friday in the red, continuing the downward trend registered over the past two sessions, while the bulk of trading focused on regional investment fund SIF Oltenia (SIF5.RO). more

16 iun 2011

Drug wholesaler Tamisa Trading on Thursday said it expects sales to reach some 48 million lei (EUR11.4 million) in 2011, up 30% from RON37 million in 2010, based on the launch of new products. more