8 mar 2012

Romania’s leu moved in a tight range against the euro in early trade Thursday, amid low volumes and a slight optimistic sentiment in the region which pushed the leu’s peers higher on the day. more

8 mar 2012

Romanian construction works rose 1.9% on the month in January, after a decline of 0.6% in December, the statistics institute INS said Thursday. more

7 mar 2012

Romania’s leu weakened slightly against the euro amid low volumes Wednesday, closing the day at 4.3575/4.359 units. more

7 mar 2012

Moody’s Investors Service Wednesday said it might consider upgrading its ‘Baa3’ credit rating on Romanian state-run power grid operator Transelectrica (TEL.RO) if the company breaks free from more

7 mar 2012

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has increases its share capital by 140 million lei (EUR32 million) to RON683 million, the lender said in a statement Wednesday. more

7 mar 2012

Romania’s leu traded slightly above 4.355 per euro by midday Wednesday and the central bank’s reference weakened slightly to 4.3558 units, from 4.3547 units a day earlier. more

7 mar 2012

Bucharest shares retreated in early trade Wednesday, unlike European markets, which were set to recoup yesterday’s losses prompted by a new wave of fear regarding the sovereign debt crisis. more

7 mar 2012

Romania’s leu edged lower against the euro in early action Wednesday, amid low volumes. more

7 mar 2012

Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) has appointed Karoly Borbely as the new chairman of the board, the company said in a statement Wednesday. more

7 mar 2012

Romanian industrial new orders rose 12.5% on the month in January, largely fueled by a 26.2% increase in intermediate goods orders, the statistics institute INS said Wednesday. more

7 mar 2012

Romanian energy output dropped 24.9% on the year to 2.57 million tons of oil equivalent in January, largely due to falling production in the hydropower sector, official data showed Wednesday. more

6 mar 2012

Romania’s leu opened flat against the euro and moved in narrow ranges in early action, despite a negative sentiment in the region after China cut its growth forecast for 2012. more

6 mar 2012

Romanian gross domestic product grew at an annual rate of 2.5% in 2011, benefiting from a very good agricultural year and steady industrial performance, the country’s statistics institute INS said more

5 mar 2012

Romania’s reshuffled government is likely to continue the main fiscal and economic policies initiated by the former cabinet, as any populist measure, such as higher pensions or salaries in the more

5 mar 2012

The Romanian leu closed a touch above 4.35 against the euro after a calm session Monday, amid very low volumes. more

5 mar 2012

Romanian regional investment find SIF Oltenia (SIF5.RO) Monday proposed paying out a gross dividend of 0.13 lei (EUR0.029) a share from the 2011 profit, 73% higher on the year. more

5 mar 2012

Romania’s Finance Ministry on Monday sold 1.57 million lei (EUR360 million) in two-year bonds, above the planned amount, at an average yield of 5.99% a year, lower than at the previous auction. more

5 mar 2012

Romania’s leu traded near 4.3 per euro by midday Monday and the central bank’s reference weakened slightly to 4.3514 units, from 4.3493 units in the previous session. more

5 mar 2012

Romania's central bank (BNR) Monday injected 5.2 billion lei (EUR1.1 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

5 mar 2012

Romanian retail sales rose 3% in January from the previous month, the third largest increase in the European Union, official data showed Monday. more

2 mar 2012

The decision to sign the European Union’s new fiscal stability treaty reflects Romania’s commitment to strengthen its public finances and implement healthy policies, Finance Minister Bogdan Dragoi more

2 mar 2012

Romania’s leu closed flat against the euro after an uneventful session Friday, amid low volumes. more

2 mar 2012

Romania aims to change the structure of its public debt and plans to extend the maturity of its securities to avoid short-term upside pressures on the state budget, President Traian Basescu said more

2 mar 2012

Romania’s leu traded near 4.35 per euro by midday Friday, while the central bank’s reference barely moved to 4.3493 units, from 4.3488 units a day earlier. more

2 mar 2012

Romania’s leu opened flat against the euro Friday morning, preparing for what seems to be another less-than-spectacular day on the interbank market. more