6 feb 2012

Romania’s government debt relative to the gross domestic product fell to 33.3% at the end of the third quarter in 2011, from 34.3% of GDP a quarter earlier, official data showed Monday. more

6 feb 2012

Romania’s Finance Ministry on Monday sold 1.85 billion lei (EUR427 million) in one-year treasury bills, above the planned amount, while the average yield fell slightly to 5.9% a year. more

6 feb 2012

Romania’s leu traded near 4.34 per euro by midday Monday and the central bank’s reference strengthened to 4.342 units, from 4.3467 units in the previous session. more

6 feb 2012

Romania's central bank (BNR) Monday pumped 4.9 billion lei (EUR1.13 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the monetary more

3 feb 2012

Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will transfer 190.23 million shares of its remaining stake in Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.RO) in more

3 feb 2012

Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania have found natural gas in a test drilling at the Domino-1 deepwater well in a joint Black Sea field, more

3 feb 2012

Romanian state-run power grid operator Transelectrica (TEL.RO) has maxed out its capacity to borrow money from banks and is looking for alternative resources to finance its planned investments, more

3 feb 2012

Romania’s leu returned to gains versus the euro in late trade Friday and closed slightly stronger on the day, amid low volumes. more

3 feb 2012

Romanian natural gas consumption is expected to drop by around 2.5 million cubic meters a day over the weekend, due to lower activity in the industry, the Economy Ministry said in a statement Friday. more

3 feb 2012

Romania’s leu edged lower against the euro in mid trade Friday, but the central bank set a reference rate for the national currency of 4.3467 units, slightly stronger from 4.347 units a day earlier. more

3 feb 2012

Romania wants to tap again the US debt market, following a successful 10-year bond sale earlier this week, Finance Minister Gheorghe Ialomitianu said Friday. more

3 feb 2012

Romanian retail sales rose 3.9% in December from the year-earlier month, the fifth largest increase in the European Union, official data showed Friday. more

2 feb 2012

Raiffeisen Capital&Investment Thursday raised by 12% to 265 lei (EUR55.9) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), while keeping more

2 feb 2012

Romania’s leu moved in narrow ranges against the euro amid a quiet market Thursday and closed flat on the day, unfazed by the central bank’s decision to lower the key monetary rate to a new record more

2 feb 2012

Austrian building materials retailer bauMax will invest around EUR20 million in a new store in Cluj-Napoca city, northwestern Romania, the company’s general manager for Romania and Bulgaria, Nicola more

2 feb 2012

Romania’s Finance Ministry on Thursday sold 1.3 billion lei (EUR299 million) in three-year bonds, above the planned amount, at an average yield of 6.79% a year, lower than at the previous auction. more

2 feb 2012

Romanian natural gas consumption rose to yet another record of 72.7 million cubic meters a day Wednesday, from 71.5 million cubic meters in the previous day, while the freezing weather that has more

2 feb 2012

Romania’s leu edged lower against the euro by midday Thursday and the central bank’s reference weakened slightly to 4.347 units, from 4.3447 units a day earlier. more

2 feb 2012

Romanian state-run thermal power producer Rovinari will assign a contract worth 101.4 million lei (EUR23.3 million) to repair damaged installations, the company said in a statement Thursday. more

2 feb 2012

Romanian industrial producer prices inched up 0.5% on the month in December, the highest increase in the European Union, official data showed Thursday. more

2 feb 2012

Real estate investment fund New Europe Property Investments (NEP.RO) Thursday said it has paid EUR16.55 million for the shares in a 40,000 plus square meters office park in Romanian western city of more

1 feb 2012

The Economy Ministry has appointed Dumitru Chisalita to act as the interim manager of state-run natural gas producer Romgaz Medias, after Marcel Piteiu was suspended pending an inquiry into more

1 feb 2012

Romanian natural gas consumption rose to a record 71.5 million cubic meters a day Tuesday, while companies are producing at full capacity to cover the increasing demand due to extremely cold weather, more

1 feb 2012

Romania’s leu closed flat against the euro after a quiet session Wednesday, unlike its peers in the region, which gained up to 1.1% on the day following better-than-expected economic data in China more

1 feb 2012

Romanian foreign exchange reserves fell to EUR32.69 billion in January from EUR33.2 billion a month earlier, central bank data showed Wednesday. more