13 feb 2012

Romania’s leu moved in tight ranges against the euro amid a quiet market Monday and closed slightly higher on the day at 4.344/4.3455 per euro. more

13 feb 2012

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) Monday said its net profit rose 60% to 20 million lei (EUR4.7 million) in 2011, fueled by a 15% increase in sales. more

13 feb 2012

Bostina si Asociatii, one of Romania’s largest law firms, reported record revenues of over EUR25 million for 2011, from EUR15.7 million a year earlier, according to the company’s preliminary more

13 feb 2012

Romania’s Finance Ministry on Monday sold 1.5 billion lei (EUR345 million) in one-year treasury bills, almost double the planned amount, at an average yield of 5.8% a year. more

13 feb 2012

Romania’s leu traded near 4.35 per euro by midday Monday and the central bank’s reference strengthened to 4.3477 units, from 4.3529 units in the previous session. more

13 feb 2012

Romanian car parts maker UAMT Oradea (UAM.RO) Monday said its net profit rose 77% on the year to around 542,000 lei (EUR128,000) in 2011, fueled by higher sales. more

13 feb 2012

Romania's central bank Monday injected 4.47 billion lei (EUR1.02 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the monetary policy more

13 feb 2012

Romanian foreign direct investment, or FDI, fell 13.6% on the year to EUR1.9 billion in 2011, the central bank said Monday. more

13 feb 2012

Romania’s leu opened higher against the euro Monday, amid a positive sentiment in the region after the Greek lawmakers approved a new batch of austerity measures needed to secure an international more

13 feb 2012

Romania's current account deficit widened slightly to EUR5.68 billion in 2011, from a gap of EUR5.52 billion a year earlier, largely due to a higher income deficit, central bank data showed Monday. more

13 feb 2012

Romanian consumer prices inched up 0.36% on the month in January, on higher prices in all sectors, but the annual inflation eased for the third straight month to a fresh record low of 2.72%, official more

10 feb 2012

Romania’s leu gained modestly versus the euro in late trade Friday and closed slightly higher on the day at 4.3485/4.35 units, amid a quiet market. more

10 feb 2012

Romanian unemployment rate inched up to 5.26% in January, from 5.12% a month earlier, the country’s employment agency ANOFM said Friday. more

10 feb 2012

Romania’s leu traded in tight ranges against the euro by midday Friday and the central bank’s reference strengthened slightly to 4.3529 units, from 4.3554 units a day earlier. more

10 feb 2012

The Romanian government will launch liquidation proceedings for state-run coal mining company Compania Nationala a Huilei (CNH) by end-September, according to the country’s latest letter of intent more

10 feb 2012

Bucharest shares opened slightly higher Friday, with investment fund Fondul Proprietatea (FP.RO) covering 70% of market trading. more

10 feb 2012

Romania’s leu edged lower against the euro amid low volumes Friday morning, following the currencies in the region after EU leaders demanded more spending cuts from Greece before releasing a new more

10 feb 2012

The Bucharest Stock Exchange (BVB.RO) Friday said its net profit more than tripled on the year to roughly 17 million lei (EUR4 million) in 2011, boosted by higher sales revenue and improved operating more

10 feb 2012

Romanian construction works inched up 1.1% on the year in 2011, largely boosted by an 11.6% increase in capital repairs, the statistics institute INS said Friday. more

10 feb 2012

Romanian adjusted industrial production rose 6.1% in 2011 compared with a year earlier, fueled by higher output in all sectors, the country’s statistics institute INS said Friday. more

10 feb 2012

The Bucharest Stock Exchange will hire an executive search firm to assist in selecting a new general manager, after Valentin Ionescu was dismissed from the position in November last year. more

9 feb 2012

Romania’s leu edged higher against the euro in late trade Thursday, amid a positive sentiment in the region after Greek officials agreed to new austerity measures in exchange for more foreign more

9 feb 2012

Romania’s leu traded near 4.355 per euro by midday Thursday and the central bank’s reference weakened modestly to 4.3554 units, from 4.354 units a day earlier. more

9 feb 2012

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said it has concluded a six-year program to increase energy efficiency, following total investments of more

9 feb 2012

Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) Thursday said Constantin Dascalu resigned his position of chairman of the board, citing personal reasons. more