20 mar 2012

Romanian drugmaker Biofarm (BIO.RO) Tuesday proposed paying out a gross dividend of 0.01 lei (EUR0.002) a share from the 2011 profit, nearly double of the year. more

20 mar 2012

Romanian lender Banca Transilvania (TLV.RO) and the European Investment Fund have signed a EUR7.5 million loan agreement aimed at supporting micro-enterprises and self-employed entrepreneurs in more

20 mar 2012

ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, has cancelled an order to purchase 3.15 million megawatt hour of electricity on the Romanian power exchange OPCOM due to more

20 mar 2012

Standard & Poor's Ratings Services Tuesday said it has lowered its long-term issuer credit ratings on the Romanian City of Bucharest to 'BB' from 'BB+' and subsequently withdrew its ratings, citing more

20 mar 2012

Romania’s leu moved in a tight range against the euro Tuesday and closed roughly unchanged on the day, amid low volumes. more

20 mar 2012

Romania's banking system remains vulnerable to external pressure, particularly to potential negative developments in Greece and the eurozone, the European Bank for Reconstruction and Development said more

20 mar 2012

Romanian Economy Minister Lucian Bode said the Nabucco pipeline project remains a priority investment for the country, regardless of the project’s final layout. more

20 mar 2012

The European Bank for Reconstruction and Development estimates it will invest EUR400 million to EUR500 million a year in Romanian projects over the next three years, according to the bank’s latest more

20 mar 2012

Romania’s leu traded in narrow ranges against the euro by midday Tuesday and the central bank’s reference gained modestly to 4.378 units, from an all-time low of 4.3794 units a day earlier. more

20 mar 2012

Emporiki Bank Romania on Tuesday said its loss narrowed 62% to EUR5.1 million in 2011, from EUR13.5 million a year earlier. more

19 mar 2012

Romania’s leu gained modestly against the euro in a calm session Monday, with dealers suspecting the central bank has stepped into the markets to prop the national currency. more

19 mar 2012

Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR228 million) in one-year treasury bills, at an average yield of 5.31% a year, slightly higher than at the previous auction. more

19 mar 2012

Romania’s leu edged lower against the euro by midday Monday, but the central bank’s reference weakened to a new record low of 4.3794 units, from 4.3783 units Friday. more

19 mar 2012

Romanian Economy Ministry has signed a brokerage agreement to sell 15% in state-run natural gas producer Romgaz Medias, the ministry said in a statement Monday. more

19 mar 2012

Romania's central bank Monday injected 5.69 billion lei (EUR1.3 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

19 mar 2012

Romanian adjusted construction output rose 14.9% on the year in January, the second largest increase in the European Union, official data showed Monday. more

16 mar 2012

Romanian authorities plan to maintain the tariffs for the natural gas delivered to household clients unchanged until end-March 2013, according to a joint draft order from the energy watchdog ANRE, the more

16 mar 2012

Franklin Templeton Investment Management Ltd. UK, sole administrator of Romanian restitution fund Fondul Proprietatea (FP.RO), Friday called on the fund’s shareholders to approve a buy-back program more

16 mar 2012

Romanian Competition Council has given Swiss grain trader Ameropa Holding AG the green light to move forward on its deal to buy a 75.87% stake in local fertilizer producer Azomures (AZO.RO), the more

16 mar 2012

Romanian leu traded below 4.384 per euro in late session Friday, closing marginally weaker on the day, amid rising volumes and suspected interventions from the central bank to support the national more

16 mar 2012

Romanian energy suppliers will be slapped with higher fines if they engage in practices that harm customer relations, Economy Minister Lucian Bode said Friday. more

16 mar 2012

Romania’s recent bond sales on the US market have helped the Treasury build up a “comfortable” liquidity buffer that can be used during emergencies, Finance Minister Bogdan Dragoi said Friday. more

16 mar 2012

Romanian MKB Romexterra Bank, a unit of Hungary’s MKB Bank Zrt, Friday proposed increasing its share capital by 70.59 million lei (EUR16.1 million) to RON197.7 million. more

16 mar 2012

Romanian Economy Ministry may have to transfer its control over the shares of state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to other ministries, more

16 mar 2012

Christophe de Korver, general manager of Gefco Romania, says there are parts of this country that can be better served by the Koper harbor in Slovakia than by Constanta because of the highways in more