11 ian 2012

Romanian consumer prices inched up 0.23% on the month in December, on higher prices all across, but the annual inflation eased for the second straight month to 3.14%, a new record low in over two more

10 ian 2012

Romania’s leu recouped versus the euro in late trade Tuesday, tracking the neighboring currencies, and closed almost flat at 4.359/4.3605 units, from 4.3585/4.36 units a day earlier. more

10 ian 2012

The liquidity gap in the Romanian banking system has widened significantly in December, with lenders borrowing on average 4.1 billion lei (EUR0.94 billion) a day from the central bank, well above more

10 ian 2012

Romania’s leu recovered part of its early losses against the euro by midday Tuesday, but the central bank’s reference lost 0.2% on the day to 4.3625 units, the lowest rate in 18 and a half months. more

10 ian 2012

Romanian antitrust regulator Tuesday fined six top players in the oil industry, including OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO), with a total amount of around 880 million lei (EUR205 more

10 ian 2012

Austria’s Erste Group Bank Tuesday cut by 29% to 0.51 lei (EUR0.117) a share its 12-month target price on Romanian investment fund Fondul Proprietatea (FP.RO), while keeping its recommendation more

10 ian 2012

Romania’s top oil companies were fined with amounts of up to 3% of their sales reported for 2010 following a probe into the local fuel market, people familiar with the situation told MEDIAFAX more

10 ian 2012

Bucharest shares edged lower in a quiet session Tuesday morning, with the composite index BET-C losing 0.24% amid low volumes. more

10 ian 2012

Romania’s leu opened down against the euro Tuesday morning and traded just shy of 4.37 units in early session, with dealers suspecting a covert intervention from the central bank to steer the more

10 ian 2012

Shares in Romania’s largest two oil companies OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO) have been suspended from trading on the Bucharest stock exchange pending the results of an inquiry more

10 ian 2012

Romanian industrial sales rose 1.1% on the month in November 2011, on higher demand in all sectors, the country’s statistics institute INS said Tuesday. more

10 ian 2012

Romanian adjusted industrial production inched up 0.3% in November 2011 compared with a month earlier, fueled by higher output in the energy sector, the country’s statistics institute INS said more

10 ian 2012

Romanian industrial new orders rose 5.7% on the month in November 2011, on higher demand in most sectors, the statistics institute INS said Tuesday. more

9 ian 2012

Romania’s leu retreated against the euro in late trade Monday and closed over 0.2% weaker on the day at 4.3585/4.36 units, amid higher demand for foreign currency. more

9 ian 2012

The shareholders of the Bucharest Stock Exchange Monday agreed with 68.5% of the votes to replace the bourse’s board members, participants in the meeting told MEDIAFAX. more

9 ian 2012

Romanian authorities are carrying advanced negotiations to purchase the Arpechim refinery from oil company OMV Petrom (SNP.RO), local officials in Arges County said Monday. more

9 ian 2012

Romania’s Finance Ministry on Monday sold 2.38 billion lei (EUR546 million) in one-year treasury bills, almost double the planned amount, at an average yield of 6.23% a year, lower than at the more

9 ian 2012

Romania’s leu traded in ranges against the euro by midday Monday, but the central bank’s reference lost 0.2% to 4.3532 units, the weakest rate in five weeks. more

9 ian 2012

Volksbank Romania, the local unit of Austria’s Volksbank AG, will increase its share capital by 362.8 million lei (EUR84 million) to RON903.15 million, the lender said Monday. more

9 ian 2012

Romania's central bank (BNR) Monday injected 3.35 billion lei (EUR770 million) into the market in a one week repurchase agreement operation at an interest rate of 5.75% a year, equal to the monetary more

9 ian 2012

Romanian new car registrations fell 13.57% to 81,709 units in 2011, from 94,541 units a year earlier, Interior Ministry data showed Monday. more

9 ian 2012

Bucharest-listed shares were mostly higher Monday morning, with the composite index BET-C gaining a modest 0.13% on the day amid scarce trading. more

9 ian 2012

Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania, the local unit of US giant ExxonMobil, have started drilling to extract oil from a joint field in more

9 ian 2012

Romania’s leu opened slightly higher against the euro Monday morning, tracking regional markets, and traded in narrow ranges in the first part of the session, amid a quiet market. more

9 ian 2012

Romania’s trade deficit narrowed marginally to EUR8.64 billion in the first 11 months of 2011, from EUR8.69 billion in the year-earlier period, the country’s statistics institute INS said Monday. more