1 feb 2012

The scarce offer of large office spaces in Bucharest will likely prompt companies to pre-rent 40% of the total surface to be delivered in the next couple of years, property consultancy firm Colliers more

1 feb 2012

Romanian engineering company Adrem Invest Wednesday said its sales rose 60% to over 120 million lei (EUR27.5 million) in 2011, fueled by growing business opportunities. more

1 feb 2012

Poland-based investment fund Innova Capital plans to sell its 92% stake in Romanian bottled water wholesaler La Fantana sometime this year, market sources said Wednesday. more

1 feb 2012

Franco-Belgian power operator GDF Suez will build a 48-megawatt wind farm in Romanian eastern locality of Gemenele, the company said in a statement Wednesday. more

1 feb 2012

Romanian Prime Minister Emil Boc Wednesday appointed his economic adviser Andreea Paul-Vass as member in the privatization committee of state-run hydropower generator Hidroelectrica. more

1 feb 2012

Romania’s leu moved in tight ranges against the euro by midday Wednesday and the central bank’s reference weakened modestly to 4.3447 units, from 4.3433 units a day earlier. more

1 feb 2012

Romanian safety equipment supplier Renania Wednesday reported a 21% increase in its sales to EUR22.2 million, just one notch below a record figure of EUR22.3 million recorded in 2008. more

1 feb 2012

Romanian building materials producer AdePlast Wednesday said its 2011 sales rose 12.5% on the year to 143 million lei (roughly RON33 million), in line with expectations. more

31 ian 2012

Romanian regional investment fund SIF Moldova (SIF2.RO) Tuesday call on its shareholders to triple the fund’s capital to 155.7 million lei (EUR), saying its planned dividend payments would deplete more

31 ian 2012

Swiss Capital, former KBC Securities Romania, remained top broker on the Bucharest Stock Exchange for the 13th straight month in January, with total deals worth 387.95 million lei (EUR89.3 million), more

31 ian 2012

Romanian generic drugs wholesaler Ropharma Braşov (RPH.RO) Tuesday said its net profit fell 3.3% on the year to 10.52 million lei (EUR2.5 million) in 2011, despite higher sales. more

31 ian 2012

Romania sold 10-year bonds worth $1.5 billion in its first auction on the American market in 16 years, at an annual yield of 6.875%, deputy finance minister Bogdan Dragoi said Tuesday. more

31 ian 2012

Romanian state-run power company Electrica SA will sell stakes of 15% in each of its distribution units on the Bucharest bourse and will hire legal advisers by mid-February, according to a draft more

31 ian 2012

Bucharest shares advanced 2.58% Tuesday, the highest increase in the past five months, tracking international markets amid hopes that Greece is heading toward a deal with private creditors to avoid a more

31 ian 2012

Romanian IT&C Ministry has cancelled an auction to select an adviser to help with the sale of a minority stake in postal company Posta Romana, citing faulty proceedings. more

31 ian 2012

Romania’s leu lost nearly 0.2% against the euro amid low volumes Tuesday, despite a positive sentiment in the region after Greek officials announced the country could reach an agreement with more

31 ian 2012

Romanian natural gas consumption rose by 20% to a record 70 million cubic meters a day on average, due to extremely cold temperatures that have gripped the country over the past days, an official of more

31 ian 2012

Romania’s second largest tourism agency Eximtur Cluj Tuesday reported an 18% increase in its sales to over EUR32 million in 2011, mainly boosted by higher revenue from business tourism and outgoing more

31 ian 2012

Romanian Finance Ministry has launched a 10-year US dollar-denominated bond issue at an initial price guidance of around 7%, deputy finance minister Bogdan Dragoi told Ziarul Financiar Tuesday. more

31 ian 2012

US Titan Machinery Inc., which runs equipment stores for farmers and builders, estimates will sell agricultural equipment worth over $10 million in Romania in 2012, president Peter Christianson said more

31 ian 2012

Romania’s leu traded near 4.345 per euro by midday Tuesday and the central bank’s reference weakened to 4.3433 units, from 4.334 units a day earlier. more

30 ian 2012

Romanian leading oil company OMV Petrom (SNP.RO) has increased natural gas imports to cover the growing demand on the local market due to below freezing temperatures, the company said Monday. more

30 ian 2012

Electricity deals on the day-ahead platform of Romania’s energy market OPCOM rose to an all-time record of 37,981 megawatt per hour Monday, equal to 21% of the local consumption forecast for more

30 ian 2012

Romania’s leu lost its early gains versus the euro in late trade Monday, but closed slightly higher on the day, amid rising volumes. more

30 ian 2012

Romanian state-run natural gas producer Romgaz Medias has awarded an 88.26 million lei (EUR20.3 million) contract to INSPET Ploiesti to upgrade its storage facility in Bilciuresti locality, Dambovita more